Mississauga redevelopment will include 150 rental units
BRAMPTON, ON. (February 18, 2026) – Peel Region marked the groundbreaking yesterday for Byngmount Shores, a seven-storey affordable rental community at 970 East Avenue in Mississauga’s Lakeview neighbourhood. The development includes 150 rental homes, including family sized units and ground floor community space. Twenty-two per cent of the homes will be fully accessible. Peel Housing Corporation will own and operate the building and is a core partner in planning and delivering the project.
The project is supported by coordinated funding from all levels of government, including the Government of Canada through the Canada Mortgage and Housing Corporation, Ontario’s Ministry of Municipal Affairs and Housing, Peel Region, and the City of Mississauga.
Construction has begun, led by Martinway Developments Ltd. as the design builder, and the project is expected to finish in 2028.
Byngmount Shores is a key action in Peel Region’s 10-year housing and homelessness plan, which focuses on building affordable homes close to transit, schools, services, and jobs.
Project quick facts
- Location: 970 East Avenue, Mississauga (Lakeview)
- Name: Councillor Dasko named the project after a previous school in the area
- Housing mix: 150 rental units, including family sized homes
- Structure: Seven storeys with ground floor amenity space‑floor amenity space
- Accessibility: 22 per cent fully accessible units
- Affordability: 40 per cent of homes planned at 60 per cent of median market rent
Learn more