Anchors at Lakeview Townhouse Development Starts Construction in Mississauga

TORONTO, Nov. 11, 2016 /CNW/ - Anchors at Lakeview West, a 4-storey stacked townhouse development located off Lakeshore Road East at Ogden Avenue in south Mississauga, is now under construction. Fortress Real Developments (Fortress), Dunsire Developments (Dunsire), Ivy North Corporation gathered with sales brokerage In2ition Realty for the official ground-breaking ceremony on November 10th. Demolition of the on-site building had already started when the group of over 20 people witnessed the turning of the soil to kick-off the official start of construction. All of the townhouses in the 73 unit project are sold and occupancy is scheduled for December 2017.

"Shawn Keeper and his team at Dunsire did a fantastic job at Anchors, recognizing the demand for more affordable townhouses in Mississauga. Sales were brisk and we're excited to have a number of first-time buyers choosing Anchors as their first homes" said Jawad Rathore, CEO of Fortress.

Anchors is the 23rd Fortress project under construction, and the 2nd in the partnership between Dunsire and Fortress, joining White Cedar Estates, a single-detached housing community in Guelph that started site clearing in the second quarter.

"We are very excited to get construction started at Anchors, and believe it will be a fantastic addition to the Lakeview community," added Dunsire founder Shawn Keeper. "I want to personally thank Fortress, In2ition, FDS Broker Services and Ivy North for their contributions in making this project a reality."

Fortress Real Developments Inc. - Fortress Real Developments Inc. is a Canadian real estate development company that seeks out and analyzes opportunities in major Canadian markets. The company is focused on quality projects with recognizable alpha in residential low-rise, high-rise, commercial and industrial market segments. For more information on Fortress projects, visit: http://fortressrealdevelopments.com.

Dunsire Incorporated – Dunsire is a residential homebuilder headquartered in Burlington, Ontario with six active development projects in southwestern Ontario. Dunsire is dedicated to developing homes that are well built, environmentally mindful and value conscious. The company's strong corporate values and commitment to excellence have resulted in trusting partnerships with homebuyers. For more information on Dunsire projects, visit: http://www.dunsire.com/

SOURCE Fortress Real Developments

Image with caption: "A groundbreaking day in Mississauga with Fortress and Dunsire (CNW Group/Fortress Real Developments)". Image available at: http://photos.newswire.ca/images/download/20161111_C7776_PHOTO_EN_816247.jpg

Image with caption: "Fortress Real Developments (CNW Group/Fortress Real Developments)". Image available at: http://photos.newswire.ca/images/download/20161111_C7776_PHOTO_EN_816265.jpg

For further information: Media Contact: Natasha Alibhai, Fortress Real Developments, natasha@Fortressrdi.com, Phone: (905) 787-9266 ext. 235

RELATED LINKS
www.fortressrealdevelopments.com

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