Prices shown are approximate and subject to change. Verify with developer or licensed agent.
About Canopy Towers 2
Canopy Towers 2 is a new pre-construction condominium planned for 5081 Hurontario St in Mississauga, Toronto. Developed by Liberty Development, full unit counts and heights are still being confirmed with estimated occupancy currently targeted for 2028. The development is distinguished by direct transit connectivity. Residents will be positioned near Square One Shopping Centre and the Living Arts Centre and Celebration Square.
Canopy Towers 2 is distinguished from typical pre-construction projects in the area by direct transit connectivity. Liberty Development is known for Cosmos Condos, World on Yonge, Canopy Towers and multiple Mississauga and Vaughan projects, and Canopy Towers 2 extends that focus. Buyers researching the project should review the developer's official brochure and floor plan set for the current confirmed specifications, as details are subject to change as construction progresses.
Living in Mississauga
Canopy Towers 2 sits at 5081 Hurontario St, within the City Centre, Port Credit, Cooksville, Erin Mills and Lakeview areas. This part of Mississauga is the sixth-largest city in Canada and the largest municipality in Peel Region, with a dense downtown around Square One and a network of waterfront and transit-oriented growth areas.
Rapid transit is provided by Kipling Station on Line 2 (Bloor-Danforth), the western TTC terminus, accessible from northeast Mississauga via MiWay. Surface transit includes MiWay Mississauga Transit routes across the city, the Hurontario LRT (Line 10, currently under construction) running north-south from Port Credit to Steeles, GO Transit Lakeshore West trains at Port Credit, Clarkson and Long Branch stations, GO Milton line service at Cooksville, Erindale and Streetsville. The Hurontario LRT is expected to open in phases and will link Port Credit GO to the Brampton Gateway Terminal via Square One and Cooksville GO.
Nearby destinations include Square One Shopping Centre, the largest shopping mall in Ontario, anchoring downtown Mississauga; the Living Arts Centre and Celebration Square, the civic and cultural heart of the City Centre; Port Credit and the Lake Ontario waterfront, a walkable waterfront neighbourhood served by GO Transit; Trillium Health Partners Mississauga Hospital, along Hurontario near the QEW. Mississauga is home to over 60 Fortune 500 head offices and Canadian HQs, plus Pearson International Airport at its northern edge. Mississauga serves a diverse mix of new-immigrant families, dual-income professionals, downsizers from surrounding houses and international students.
Buyer and Investment Considerations
Canopy Towers 2 may appeal to end-users and investors focused on Mississauga. The location draws on the Airport Corporate Centre and Pearson employment cluster, downtown Mississauga office towers around Square One, and downtown Toronto access via GO Transit. Rental demand is supported by Pearson Airport employment, downtown Mississauga office jobs and GO Train access to downtown Toronto.
With estimated occupancy currently targeted for 2028, purchasers may have several years between the initial deposit and closing. The date remains an estimate and can change based on construction, permitting and market conditions. Buyers should review proposed maintenance fees, deposit schedule, parking and locker pricing and any assignment restrictions before committing.
From an investment perspective, buyers should compare Canopy Towers 2's final pricing, price per square foot, suite efficiency and monthly carrying costs with existing resale condominiums in Mississauga and with competing pre-construction projects expected to reach completion in the same window. A significant volume of high-rise supply is proposed or under construction around Square One, along the Hurontario corridor and at Lakeview Village, which may compress lease-up pace at delivery. Future value and rental performance will depend on the final purchase price, carrying costs, unit layout and the amount of competing supply delivered before occupancy.
About Liberty Development
Liberty Development is a Vaughan real estate developer founded in 1987 focused on high-rise condominium development across the GTA. The company is known for Cosmos Condos, World on Yonge, Canopy Towers and multiple Mississauga and Vaughan projects. Liberty has completed 20+ residential communities across the GTA over more than three decades. For buyers evaluating Canopy Towers 2, the company has repeated experience with transit-oriented condominium projects in the 905 markets.
Important Considerations Before Purchasing
- Estimated occupancy dates can change based on construction progress and municipal approvals.
- Interim occupancy may apply, during which residents pay an occupancy fee before final closing.
- Final suite measurements, ceiling heights and finishes may differ from what is shown in renderings or brochures.
- Maintenance fees quoted at sales launch are estimates and may be adjusted before or after occupancy.
- Views can be affected by future adjacent development.
- Development charges and other municipal fees may apply at closing.
- Assignment policies vary between developers and may be restrictive.
- Renderings are artist concepts. Final building appearance may vary.
Canopy Towers 2 Pricing and Floor Plans
Pricing and available floor plans for Canopy Towers 2 are subject to change as suites are reserved or released. Contact CondoWizard for the current price list, floor plans, deposit structure and any purchaser incentives available at the time of your enquiry.
Information last verified: 2026-07-27
Amenities
The proposed amenity program at Canopy Towers 2 is oriented around a mix of wellness, social and work-from-home spaces typical of new downtown condominiums. Final amenities, hours and access rules are set by the developer and property manager and may change ahead of occupancy. Confirmed amenities will be published in the official disclosure statement.
Frequently Asked Questions
Where is Canopy Towers 2 located?
Who is developing Canopy Towers 2?
When is the estimated occupancy for Canopy Towers 2?
What suite types will be available at Canopy Towers 2?
Is parking available at Canopy Towers 2?
What is the deposit structure for Canopy Towers 2?
How can I get current pricing and floor plans for Canopy Towers 2?
By submitting this form, you agree to our Terms of Service and Privacy Policy. CondoWizard.ca is operated by Tal Shelef, Sales Representative at Rare Real Estate Inc., Brokerage. All pricing and project details are approximate and subject to change.
