5 Developments To Get Excited For Around Hurontario LRT

The Eglinton Crosstown LRT is an exciting prospect because it’s catalyzing development across the Eglinton corridor in Midtown Toronto, and it’s creating tons of opportunities for investors. The only problem is — the secret is out! Many developers and investors know about the Crosstown, so the prices have already reached levels comparable to the downtown core.

The good news is there are multiple transit lines being constructed throughout Southern Ontario, and the savvy investor can take advantage of numerous catalyzing projects throughout different communities. One of the most exciting developments in the pipeline is the Hurontario LRT. Most of this light rail system cuts along Hurontario St. in Mississauga, but it does more than that. It also ties the city together with its northern neighbour, Brampton. 

One of the reasons Hurontario was chosen for the city’s train line is because the bus route that currently serves the street is the busiest in the entire GTA. The LRT will stretch from Brampton Gateway Terminal at the intersection of Hurontario and Steeles, and it will travel south all the way to the shores of Lake Ontario at Port Credit. Upon completion in 2022, it will have 22 stations, which will mean plenty of future development in Mississauga.

There are already a few projects that are taking advantage of the Hurontario LRT. Here are our favourites:

 

Northside Condos

Northside Condos

  • Address: 493 Main St S, Brampton
  • Units: 450
  • Storeys: TBA
  • LRT Stop: Brampton Gateway Terminal
  • Walking Distance:  5 minutes
  • Developer: i2 Developments
  • Occupancy Date: TBA

What We Like: This development is actually located on the Brampton side of the line, and it features an array of different layouts that include open concept condos and four bedroom condo townhomes. It’s only a few seconds away from Shoppers World Brampton — a shopping centre with over 160 stores and services that makes living here nice and easy.

 

Mississauga Square Condominiums

mississauga square condos

  • Address: 5081 Hurontario St, Mississauga
  • Units: 404
  • Storeys: 34
  • LRT Stop: Eglinton Station
  • Walking Distance: 5 minutes
  • Developer: Plaza
  • Occupancy Date: 2021

What We Like: We’re forecasting that the corner of Hurontario and Eglinton will become one of the hottest spots for development and investment in Mississauga for years to come. Add Plaza to the mix and you’ve got one of the most promising towers coming to Mississauga. Investors can expect this stylish high-rise to feature a beautiful marble lobby and 24/7 concierge service.

 

Perla Towers

perla towers

  • Address: Watergarden Drive, Mississauga
  • Units: 316
  • Storeys: 34
  • LRT Stop:  Eglinton Station
  • Walking Distance: 4 minutes
  • Developer: Pinnacle International
  • Occupancy Date: 2020

What We Like: This is another development around Eglinton Station that we’re excited about, and again it’s developed by one of the most recognizable developers in the GTA —  Pinnacle International. We love the projects around this station because of the adjacent shopping centre that will make living here even more convenient.

 

 

Edge Towers

edge towers

  • Address: 26 Elm Dr W
  • Units: TBA
  • Storeys: 35
  • LRT Stop: Matthew’s Gate Station
  • Walking Distance: 4 minutes
  • Developer: Solmar Development Corp
  • Occupancy Date: 2020

What We Like: Upon completion, the Edge Towers will feature 3 iconic towers that will be prepared to offer residents the pinnacle of luxury living. Its two-storey marble lobbies immediately give an impression of grandeur, and residents will also love the 24/7 concierge, fully equipped fitness centre, and party & games room.

 

The Residences at Gordon Woods

gordonwood

  • Address: 2120 Hurontario St
  • Units: 594
  • Storeys: 36, 22
  • LRT Stop: North Service Station
  • Walking Distance: 1 minute
  • Developer: Edenshaw Developments Limited
  • Occupancy Date: 2021

What We Like: This mixed-use development will feature two towers that will rise out of a 6 storey podium. The towers will be 36 and 22 floors, and they’ll stylishly curve out toward Hurontario. North Service Station is the closest station to the QEW, giving driving residents excellent access to the rest of the GTA as well.