Stride Condos & Towns is a new condo and townhouse development by Kingsmen Group Inc. currently in preconstruction at 501 Lakeshore Road East, Mississauga.
A new development is headed to one of Ontario’s lake shores, and you’re going to want to know all about it.
Stride Condos & Towns is coming to Mississauga’s Port Credit neighbourhood and the time to get excited is now. The development from Kingsmen Group Inc. is slated to stand at 501 Lakeshore Road East. It will ultimately take up the space of 447,453,501 Lakeshore Road East and 1021,1027, and 1077 Enola Avenue.
The mixed community is the perfect addition to the neighbourhood in this burgeoning city. Many will flock to this project for the opportunity to be located nearby the scenic lake, which is why investors will want to pay a close eye to developing details on this development.
This community will be comprised of condominium and townhome units. Six townhome blocks have been proposed for the site, that are to surround a communal courtyard perfect for residents to relax and mingle.
The townhomes are slated to stand 4 storeys while the condo residence will stand 20 storeys. There will be a total of 380 units created by the development, with 15 being townhome units and 365 being condo units. The mixed-use project will incorporate one to two storeys of commercial space at floor level of the tower.
A total of 630 spaces will be available for residents on site, while 467 will be present for commercial visitors.
Stride Condos & Towns Residents can anticipate elegant interiors complete with chic features and elegant finishes. The developer has designed interiors with the intentions of creating an on-trend downtown energy, making it uniquely contemporary in design and concept. This elegant open-concept design is incredibly well suited for the project’s surroundings of the lake shore.
The developer has designed the community with lifestyle in mind, as local amenities and both leisure and social activities have been planned for the project.
Location & Neighbourhood
Mississauga is easily Toronto’s most urban suburb with plentiful developments and major attractions. Located on the Northeast corner of Lakeshore Road East and Enola Avenue, this site boasts a central address in the contemporary neighbourhood.
Port Credit is only one of Mississauga’s many neighbourhoods boasting its own GO station, the others being Clarkson, Cooksville, Dixie, Erin Mills, Erindale, Lisgar, Meadowvale, Square One and Streetsville. The region also has its own transit, Miway. It will see even further transit progressions with the addition of the Hurontario LRT.
The region located on Lake Ontario’s lakefront attracts more and people every year, and this site promises to bring even more to the area
It is no surprise that Mississauga has seen a major population increase, growing from 172,000 to over 741,000 people in the span of three decades. Earning the title of Canada’s 6th largest city, we can be sure that the city is showing no signs of slowing its rapid development.
This project’s specific region of the city is home to a population of 12,500, and current projections are that the number will increase to 14,000 by 2030
Business professionals are able to easily travel into Toronto’s downtown core for job opportunities thanks to the GO transit, but the potential for careers in the immediate surroundings of this project is plentiful. Mississauga has become a job hub of its own, being home to over 55,000 businesses, 400,000+ employees, 1,300+ multinational firms and 61 of Fortune 500 Canadian head offices.
After all, the city boasts the third largest cluster of finance, insurance and real estate companies in North America.The potential for growth is sky high. It is also worth mentioning that this site’s particular neighbourhood of Port Credit at the mouth of Credit River is just east of Oakville, another centre for opportunity and growth. It’s no secret that more young business professionals are transitioning to this neighbourhood, as the largest portion of Port Credits population is within the ages of 35-39.
It makes sense that this is the demographic for the area, as this is the perfect neighbourhood for families looking to establish roots.The job opportunities and scope is endless, and the development is consistent. It is without a doubt the perfect place in Mississauga to invest, as 48 percent of its population resides in in high-rise apartment buildings, with 67 percent being residents. Comparably, only 38% of Mississauga’s population are renters.
This is a stunning neighbourhood to live in with countless of local amenities at residents’ fingertips. From the boardwalk to playgrounds and outdoor dining options, this is the place to be — the area’s annual Waterfront Festival annually attracts over 50,000 visitors.The expansive Square One is also a quick drive away.
This scenic and charming — yet central — neighbourhood is the perfect opportunity to invest in Mississauga and Stride Condos & Towns is the perfect chance.
Stride Urban Towns Highlights:
- Surrounded by protected green space
- Steps from Lake Ontario, Waterfront Trail, Parks and Marinas
- Close to Port Credit and Long Branch GO Stations
- Easy access to QEW
- Many nearby public transportation options
- Close to shopping, dining and schools
- Nearby parks include Serson Park
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