Mississauga’s Downtown strip, centered around Square One is about to get a new addition! The neighbourhood’s upcoming master plan community is setting the tone for the expansion of the increasingly cosmopolitan neighbourhood, and its next phase is coming.
Edge Towers 2 by Solmar Development Corp is slated for occupancy in 2023. The tower is the second phase of a more expansive project, involving three buildings. The tower is anticipated to stand at Elm Drive West, and will neighbour the the project’s first phase, Edge Towers, which is slated to stand 35-storeys.
The mixed-use community is slated to stand at the southwest corner of Hurontario Street and Elm Drive West. Investors will want to make note of the large scale opportunity on its way to Mississauga, one of the GTA’s largest suburbs.
All of the community’s towers will boast design from Roy Varacalli of Cusimano Architects. Like the one before it, this building’s exterior design will feature a grid pattern with prominent vertical lines, and will be staggered floor plated. It is its elegant and modern exterior that will help this tower and its neighbours stand out in the suburb packed with high-rise condo developments.
The 40-storey building will include a three-storey podium, and is anticipated to house 422 suites. Units will range in size from 493 square feet to 721 square feet; available layouts will include one-bedroom, one-bedroom plus den, and two-bedroom. Residents will be able to enjoy the suite’s chic furnishings that include sleek interiors. We can expect luxurious 9 foot ceilings, floor to ceiling windows, stainless steel kitchen appliances, frameless glass shower doors and premium plank laminate flooring.
Residents will be able to enjoy a luxurious white marble clad lobby with a glass-enclosed galleria, and seating areas complete with stunning chandeliers, The buildings’ amenities will be as lavish as its trendy exterior and suite interiors. It will include a games room, theatre room, fitness centre, guest suites, a Wi-Fi lounge, and a party room.
The latter will actually open onto a scenic rooftop terrace complete with a grilling area. Party hosters need not look further for a development ideal for throwing parties or planning events — the outdoor amenity is truly the perfect summer party option.
The encompassing community is anticipated to house community space, retail, a daycare, and over 1,200 residential units.
Location & Neighbourhood
Investors will want to take note of this development’s prime location nearby highways, transit and large-scale shopping. Young families and business professionals alike, are likely to flock to the project.
Specifically, shoppers will love being walking distance from the central Square One Shopping Centre. The second largest mall in the country, it is home to a wide variety of both high-end and fast fashion retailers. Retailers range from Indigo, to H&M, to Simons, to Urban Outfitters, to Holt Renfrew — there is truly something for everyone.
Residents will also enjoy having the Mississauga-Brampton LRT steps away from their doorstep. The new transit system will connect the Brampton and Port Credit GO lines with Brampton’s Züm lines and Mississauga MiWay bus routes. It’s worth mentioning that the MiWay routes are also steps away from the site. The transit system will make this development mere stops away from the central Union Station.