Work has begun on a 30-storey apartment building in Mississauga.

Edenshaw Developments has broken ground on the building at 23 Elizabeth St. N. and 42–46 Park St. E., near the Port Credit GO Station, the developer said last week.

The site was occupied by four homes and a detached shed. Demolition of the buildings is nearly complete, a spokesperson for Edenshaw said.

The project has come up against criticism in the past, with residents concerned about the height and increased density for the area. A previous application for a 22-storey residential building on the property went to the Ontario Land Tribunal and was rejected in 2023.

The height of the building is still a concern for some area residents.

“Residents in several surrounding buildings could be affected by privacy and overlook, shadow, wind, traffic, construction dust and noise,” one person posted on Facebook in September.

46 park street mississauga

The property at 23 Elizabeth St. N. and 42–46 Park St. E. was home to four homes, including a duplex, and a detached garage. Photo: Google Maps

The application was refused in 2023 because it would have been the tallest building in the Port Credit Community Node, a city staff report noted.

A push by the Province of Ontario to build more homes faster has led to some changes.

Two other developments in the area have been approved through Ontario Land Tribunal settlements. Those applications permitted 36- and 29-storey apartment buildings at the Port Credit GO Station parking lot and a 33-storey apartment building at 70 Park St. E.

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The City of Mississauga’s new housing task force, a reduction in development charges and council approvals have helped get the project moving, David McComb, president and CEO Edenshaw, told INSAUGA Canada.

Areas near transit, such as this one, are slated for more density. In addition to the GO Station, area residents will be able to access the future Hazel McCallion LRT line.

The new plan for the property at Elizabeth and Park streets is a 30-storey purpose-built rental building with 315 rental homes, including 51 barrier-free suites, according to the developer.

This is down from the previous 378 units planned in 2025.

46 park street mississauga

The plan is to build a 30-storey rental apartment building.  Rendering courtesy of Edenshaw Developments

The reduction in units is due to the change from a condo building to a rental apartment building. Smaller units have sold more easily in the past, but renters want larger units, McComb said.

“We want to make our Elizabeth development more family-oriented,” he said.

The planned unit size breakdown is 31 per cent one bedroom, 23 per cent one bedroom plus den, and 46 per cent two-bedroom, he said. He said there are no three-bedroom units planned.

“If somebody needs a three-bedroom, quite typically they’re going to go look for a townhouse,” he said.

46 park street mississauga

Rendering courtesy of Edenshaw Developments

This will be Edenshaw’s first purpose-built rental development since 2016, McComb added. There is a need for more rentals in the community, McComb indicated.

“There’s an oversupply of condominium product,” he said. “It’s just that condominium has been the driving force for many years, and with the high level of tax on condominium as well as the inventory, we shifted our focus over to rental.”

Edenshaw has plans to add some condo-like amenities to the building, including a gym, reformer Pilates, cold plunge, infrared sauna, co-working spaces, a pet spa and an outdoor dog run. It will also have geothermal heating and cooling. 

46 park street mississauga

Amenities include a gym.   Rendering courtesy of Edenshaw Developments

Construction is expected to take approximately three years, with the anticipated completion in 2029, Edenshaw said.

Access along the east and south sides of the site will remain open during construction.

For more information, see Edenshaw’s website here.

Lead rendering courtesy of Edenshaw Developments


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