Towne Two

1 - About Towne Two

• Address: 55 Elm Dr W, Mississauga
• Neighbourhood: City Centre (Fairview)
• Storeys: 23
• Units: 327
• Year Built: 1990
• Builder: Tridel
• Building Type: High-Rise Condo
• Suite Sizes: 548 sq ft to 2,398 sq ft
• Average Price: $517 / sq. ft.

2 - Overview of Towne Two

Tridel built Towne Two in 1990, establishing this 23-storey residential high-rise in the Fairview area of Mississauga's City Centre. The building houses 327 units across its full height, representing a significant residential presence in the neighbourhood.

Corner units offer expansive terraces and walkout access, providing enhanced outdoor living space. The building showcases traditional architectural scaling with a rooftop entertainment area serving the entire community.

This purpose-built condominium development reflects Tridel's commitment to the Mississauga residential market rather than being a converted building from another use.

3 - Suite Sizes & Value

Unit layouts span from 548 to 2,398 square feet, offering floor plans that are notably more spacious than many contemporary developments. This range accommodates diverse living situations from compact urban homes to larger family residences.

Average Price: $517 / sq. ft.

Monthly maintenance fees provide comprehensive coverage including heat, hydro, water, and basic cable. This all-inclusive utility structure allows residents to anticipate consistent monthly housing costs without surprise utility bills.

4 - Building Amenities & Features

Fitness & Wellness: Complete fitness centre with dedicated cardio room, aerobic studio, indoor swimming pool, sauna, and whirlpool facilities.

Social & Recreation: Party room for gatherings, recreation room, comfortable lounge areas, media room, and outdoor BBQ space for community events.

Sports: On-site tennis court for active residents.

Security & Service: Enter-phone system, professional security guard service, and secure parking garage access.

Suite Features: Central air conditioning throughout units and convenient ensuite laundry facilities.

5 - Location Highlights

Parks: Kariya Park and Khaira Park provide nearby green space and recreation opportunities.

Transit: Direct access to GO Transit and Mississauga Transit systems. Strategic location near Hurontario (Highway 10) with convenient connections to Highways 403, 401, and the QEW.

Shopping & Culture: Square One Shopping Centre offers comprehensive retail options, while Celebration Square hosts community events. The Art Gallery of Mississauga and Living Arts Centre provide cultural programming.

Civic Services: Mississauga City Hall and Central Library serve municipal and information needs.

Education: Local schools include Fairview Public School, Saint Philip Elementary School, Adult Education Centre, and CCBST College.

Daily Essentials: Town & Country Market and Cura Pharmacy address everyday shopping requirements.

6 - Lifestyle Near Towne Two

Towne Two sits at the heart of Mississauga's City Centre, placing residents within walking distance of extensive shopping, diverse dining options, and regular cultural programming at Celebration Square. The urban core location provides the convenience of city living while maintaining access to quality green space at nearby Kariya Park.

Major transit connections and highway access serve commuters traveling to downtown Toronto or other Greater Toronto Area destinations. The neighbourhood attracts a diverse mix of professionals, students, and families who appreciate the balance of urban amenities and residential comfort.

This high-density environment offers the energy of city living while preserving access to parks and community spaces that enhance daily life.

7 - About the Developer

Tridel has established itself as a prominent Canadian developer specializing in high-rise condominium communities. The company maintains an extensive portfolio of residential projects throughout the Mississauga City Centre area, demonstrating long-term commitment to the local market.

Their development approach typically focuses on high-rise residential buildings that serve the growing demand for urban living in established neighbourhoods like City Centre.