Best known for its sprawling shopping centres and malls, the Square One District is undoubtedly one of the most iconic neighborhoods in Toronto.
Over the years, the city has undergone several major expansions to accommodate the rising number of businesses, trendy stores, chic condos, and social amenities.
The skyline features several high-rise residential towers and dazzling glass commercial buildings that ensure a breathtaking living experience. The Mississauga neighbourhood is home to the city’s largest shopping centre, which was appropriately named the Square One Shopping Centre.
Interestingly enough, the Square One Shopping Centre is the largest shopping mall in Downtown Toronto – and the second largest in the whole of Canada, after the West Edmonton Mall.
There are many stores for residents to explore in the Square One District, as well as several diners and restaurants that serve as the perfect place for grabbing a quick snack during shopping bouts. The shopping centre also offers an array of other services, with one of its main highlights being the beautiful movie theater.
It also houses a range of cultural attractions for residents’ enjoyment. The Mississauga Art Gallery, Celebration Square, Sheridan College Hazel McCallion Campus, and the Living Arts Centre, are all located within the district’s borders.
The Living Arts Centre houses performance theatres (Hammerson Hall, Rogers Theatre and The RBC Theatre), an exhibition gallery, seven professional art studios and corporate meeting facilities.
Besides the bustling city centre, one of the main highlights of the neighbourhood is also a wide assortment of new Square One condos.
The area has experienced a rapid boom in the real estate industry, primarily with residential buildings. Many pre-construction development projects were initiated from the Province of Ontario’s Places to Grow revitalization initiative.
The goal of the action was to create master-planned communities that were convenient, energy-efficient, and compelling to a larger group of people.
Property investment has increased dramatically in condos for sale in the Square One District with the introduction of new residential towers and commercial complexes, which has subsequently led to an increase in the population. Plans have been made for over 55 new condominiums to be erected in the district over the next few years.
Almost 96% of residential property sales are new condos in Square One District, followed by townhomes, which account for 2% of sales.
People from all walks of life are attracted to these properties; from single professionals and newlyweds to retirees and empty-nesters, they are all likely to take up residency in one of these condos.
In addition to all of this, throughout the development and construction, the district has always managed to maintain its natural beauty. Shortly, further improvements will be made to the transportation infrastructure in the city, even though it is already an extraordinarily livable and walkable district from condos in Square One District.
Cafes, diners, shops, schools, professional services, and a range of entertainment venues, are all within walking distance from residential buildings.
City centre transit options are quite convenient, like the MiWay buses that frequent some routes in the area and provide connections to TTC Islington subway station. Residents owning a new condo in Square One District can also rely on GO Transit trains and buses for their transportation services.
Like many of the districts in Mississauga, condos for sale in Square One offers some of the most low-cost housing when compared to neighborhoods in Toronto — in fact, many Square One condos run as low as $100,000. However, it’s not just the low prices that make Square One condos attractive.
Here, you’re more likely to get more bang for your buck, seeing as condo construction units are typically larger than those you’ll find in Toronto. With that said, now is the perfect time to invest in Square One real estate.
It’s one of the most alluring, convenient, and advanced areas; with restaurants, shops, entertainment venues, and all other modern conveniences right at your fingertips.
Plan on purchasing a condo in Square One District? Contact us for more information about listings, floor plans, and other construction details about the new condo developments.