What Mattamy Is Doing in the GTA
Mattamy has made a major move by breaking ground on a new 14-storey tower at The Laurels in Milton, while simultaneously launching Phase 3 of its master-planned The Nine community in Mississauga. (RENX) These initiatives highlight Mattamy’s long-term commitment to the Greater Toronto Area and its strategy of combining sustainable urban development with accessible homeownership.
The Laurels: Milton’s New Sustainable Condo
At The Laurels, located at Britannia Road and Regional Road 25 in Milton, Mattamy is building a 216-unit, 14-storey residential tower. The units will range from approximately 500 sq ft (one-bedrooms) to 800 sq ft (two-bedrooms + den), with prices starting in the low $500,000s and going up into the low $800,000s.
Amenity-wise, The Laurels will offer a fitness centre, a co-working space, and both indoor and outdoor social lounges with fireside BBQ areas. (RENX) But what sets this development apart is its strong sustainability focus: geothermal heating and cooling, in-suite energy recovery ventilators and heat pumps, smart thermostats, EV smart-charging in parking spots, and the use of low-carbon concrete and steel. These features are projected to reduce energy use by 36% and carbon emissions by 50% compared to conventional builds.
Mattamy is also using a Monthly Deposit Program (MDP) for The Laurels, allowing buyers to pay fixed monthly deposits instead of large upfront sums — a move designed to make ownership more accessible. According to the company, over two-thirds of the first building’s units are already sold, with first occupancies expected by March 2028.
The Nine: Expanding in Mississauga
In Mississauga, Mattamy is rolling out Phase 3 of The Nine, a master-planned community of townhomes.This phase includes a mix of village homes, dual-front townhomes, and three-storey townhouses. Mattamy says that the initial release of 50 homes in this phase sold out completely.
The Nine is strategically located at Ninth Line and Britannia Road, offering easy access to major highways (401, 403, and 407), the Streetsville GO Station, and walking trails, parks, and recreation facilities. (RENX) The community is also close to key commercial hubs like Erin Mills Town Centre, making it attractive for families and professionals looking for a balanced lifestyle.
Why Mattamy Chose Now to Build
There’s a clear strategy behind this dual-launch: Mattamy is capitalizing on long-held land in Milton (the company acquired the 100-acre site, including the Laurels parcel, years ago) and optimizing its pipeline to align with shifting buyer preferences. The Monthly Deposit Program demonstrates Mattamy’s response to affordability challenges—especially for first-time buyers who might struggle with large initial deposits. (Newswire)
Moreover, the sustainability measures being integrated into The Laurels reflect broader demand for greener buildings, while the extension of The Nine shows confidence in suburban growth and mixed-density living. By launching both projects now, Mattamy hedges risk and diversifies its product mix across condo and townhouse formats.
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Implications for the Greater Toronto Market
Mattamy’s move could have ripple effects across the GTA real estate market. The development of The Laurels in Milton — a fast-growing area with expanding infrastructure and green space — reinforces Milton’s potential as a major suburban node. At the same time, The Nine in Mississauga fills a gap for modern, higher-density townhomes in mature suburban fabric with strong transit and highway access.
This dual effort may also pressure other developers to offer more sustainable features, flexible purchase plans, and mixed-use designs. The market may see increased competition for eco-friendly projects or those with favorable financing structures, especially in the outer suburbs.
What This Means for Investors in 2025
For real estate investors tuned into CondoTrend, Mattamy’s move represents a compelling opportunity. The foundation-breaking of The Laurels signals long-term value in Milton—especially as demand for suburban condo living continues. The launch of Phase 3 at The Nine suggests strong volume potential for townhomes, which remain a high-demand segment.
Investors interested in sustainability can particularly note the green credentials of The Laurels — these features could boost future resale value and appeal to ESG-aligned buyers. For those focused on suburban growth, the combination of Milton and Mississauga in a single play gives exposure to different types of projects and demographics.
