• 1587 Cormack
  • 1587 Cormack
  • 1587 Cormack

1587 Cormack Crescent

Orchard Heights, Mississauga, ON

1587 Cormack Crescent
Luxury housing in a desirable, developing neighbourhood

 

Vision: Provide a luxury-housing alternative in a prominent area offering in-demand conveniences.

 

Orchard Heights is located at the south east quadrant of Dixie Road and the QEW. The subdivision includes luxury residences and a private elementary school. There are 22 detached four-story units (2,500 – 2,700 square feet) on 40-foot lots. The site offers convenient access to highways, GO stations, major malls, cultural attractions and public and private golf courses. Plans are underway for a major redevelopment of downtown Mississauga. The area is also a major corporate centre, with more than 60 Fortune 500 global/Canadian head offices.

 

ELM saw an opportunity to fill a void for luxury homes in the area. The parcels of tied land (POTL) structure will also enable the development to provide ongoing revenue.

  • Type Income Producing
  • Class Educational
  • Sub-class Institutional
  • Gross Commercial Floor Area 12,000 sq/ft
  • Site Size 2.12 AC
  • Acquisition Date 2017
  • Status Stabilized