
Canopy Towers
5081 Hurontario Street, Mississauga
Your rent at Canopy Towers is not capped. The building's first tenants moved in Sep 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
The building
The building
Canopy Towers is a striking new condominium community by Liberty Development Corporation, rising at 5081 Hurontario Street in the heart of Mississauga's Uptown neighbourhood. Designed as two glass-clad towers of 21 and 38 storeys joined by a six-storey podium, the development brings roughly 497 thoughtfully designed suites to one of the city's fastest-growing transit corridors.
Amenities
Amenities
Residents enjoy a generous suite of indoor and outdoor amenities curated for modern living. Highlights include a fitness centre and yoga studio, two golf simulator rooms, a half-size basketball court, and a games room for recreation. A party room with a catering kitchen and private dining area, a business centre with a boardroom, a children's play area, and a pet wash round out the offerings, while ground-floor retail adds everyday convenience right at home.
Rent control
Your rent here is not capped
Your rent at Canopy Towers is not capped. The building's first tenants moved in Sep 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.
Getting around
Getting around
Canopy Towers sits directly along the Hurontario corridor with the new Hurontario LRT at its doorstep, connecting residents quickly across Mississauga and toward the GO network. Square One Shopping Centre, Celebration Square, and Mississauga's civic core are just minutes away, while major routes including Highways 403 and 401 keep the wider GTA within easy reach. The walkable, master-planned Uptown setting puts shops, dining, and green space close to home.
Who built it
Liberty Development Corporation
Liberty Development Corporation is a well-established Greater Toronto Area builder known for large-scale, community-focused residential and mixed-use projects. The company has delivered a range of condominium and master-planned communities across the region, earning a reputation for quality construction and well-amenitized buildings. Canopy Towers anchors Liberty's broader Uptown master-plan vision for the Hurontario and Eglinton area.
Questions
Questions
- Can my rent at Canopy Towers go up by any amount?
- Your rent at Canopy Towers is not capped. The building's first tenants moved in Sep 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
- When did the first tenants move into Canopy Towers?
- The builder's first move-in date for Canopy Towers is Sep 2025. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
- Who built Canopy Towers?
- Liberty Development Corporation built Canopy Towers at 5081 Hurontario Street, Mississauga.
- Can I find a unit at Canopy Towers on this site?
- Nothing is listed at Canopy Towers right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
- Who is the builder of Canopy Towers?
- Canopy Towers is developed by Liberty Development Corporation, an Ontario builder active across the Greater Toronto Area. The project is one of its high-rise condominium communities in Mississauga.
- Where is Canopy Towers located?
- The building is at 5081 Hurontario Street in Mississauga, Ontario, within Peel Region. It sits along the Hurontario corridor, close to the Eglinton LRT stop and a short trip from Mississauga City Centre.
- How many storeys and units does Canopy Towers have?
- The tower rises 38 storeys and includes 497 residential suites. It is a high-rise condominium community.
Mississauga
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