A new rental building development is taking shape with occupancy expected to start next year in Mississauga.
Dubbed “Boulevard on the Green,” the Morguard Corporation development at 725 Village Green Blvd. celebrated a topping-off ceremony this month.
Topping-off typically refers to adding the last beam or roof component. In this case, the building was already fully enclosed, but Morguard created a ceremonial glass plaque and guests were invited to sign it, Brian Athey, senior vice president, development at Morguard, told INSAUGA Canada.
The development, near Cawthra Road and Atwater Avenue, broke ground in October 2024. The 3.7-acre property, just south of the Mississauga Seniors Centre, has been vacant for many years.
The project includes three mid-rise buildings — one nine-storey and two eight-storey residential buildings along with townhomes. It will bring 431 new purpose-built rental units to Mississauga.
The property’s zoning allowed for 12-storey buildings, but Athey said Morguard opted for a development that fit into the neighbourhood. The immediate area is mainly single-family homes and townhomes.
“We’re trying to be sensitive to the neighbourhood context by not doing towers,” Athey said.
Athey said that Morguard has owned the property for around 20 years. He believes the property had previously been home to a post office facility, possibly for sorting mail.
Morguard had been working on a few concepts for the property for many years, he said.
The project was always going to be purpose-built rental buildings. Morguard doesn’t build condominiums, Athey said.
The development will offer a range of unit sizes, including:
Five studio units
107 one-bedroom units
84 one-bedroom plus den units
109 two-bedroom units
51 two-bedroom plus den units
35 three-bedroom units
21 three-bedroom plus den units
One penthouse unit
18 townhouses with two levels and three bedrooms
Boulevard on the Green will also feature a range of indoor and outdoor amenities, including rooftop terraces, a greenhouse, a chef’s kitchen, a lounge and screening room, co-working spaces, fitness and yoga facilities, pet spas, a dog run, a children’s play area and outdoor cabanas.
“There is a wellness lifestyle theme to the design,” Athey said.
A rendering shows the concept for 725 Village Green Blvd.
The development is targeting LEED Gold certification and will incorporate sustainable and energy-efficient features throughout. The buildings include environmental features such as capturing rainwater and heat recovery.
“Sustainability has always been very important to Morguard,” Athey said.
An on-site leasing office, model units and amenity areas are expected to open in June, he said. They plan to start welcoming tenants in the fall of 2027.
This rental building isn’t the only one coming to Mississauga soon.
Another developer, Edenshaw, announced it was now building a 30-storey purpose-built rental building at Elizabeth and Park streets in Port Credit. Previously, a condo building was proposed for the site.
Lead photo: Google Maps
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