<img src="https://ml.globenewswire.com/Resource/Download/352a4272-eb8a-4506-b99f-0f258fc7448b?size=2" nborder="0" align="left" hspace="5" vspace="5" title="Primont_Logo.jpg" alt="Primont Homes"/><img alt="primont rental living official ground breaking in brampton" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="400" src="https://ml.globenewswire.com/Resource/Download/9bd72003-2802-4a30-862a-682e0176cc35/primont-rental-living-official-launch-ground-breaking.jpg" style="display:block; margin-left:auto; margin-right:auto;" width="600" data-dpi="350" data-caption="Primont Rental Living Offical Ground Breaking on site in Brampton, Ontario. Primont President Joe Montesano, Vice Presidents Lore Attardo and Charles Attardo, Brampton Mayor Patrick Brown in attendance with others." data-filename="primont rental living official launch ground breaking.jpg" /> BRAMPTON, Ontario, Sept. 01, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- Primont officially announces the launch of Primont Rental Living, a new purpose-built rental division dedicated to delivering high-quality rental communities and expanding housing choice across the Greater Toronto Area. Building on Primont’s extensive experience developing communities across the GTA, Primont Rental Living will focus on well-designed rental communities that give residents more choice and flexibility, including more attainable rental options and family-sized suites. The division’s first community will be located at Mississauga Road and Sandalwood Parkway in Brampton. Today, Primont officially broke ground alongside Brampton Mayor Patrick Brown on the new 298-suite, 14-storey purpose-built rental community, with construction scheduled to begin this year. The community will offer a range of suite types, including many three-bedroom residences designed to give families more space and flexibility. Primont is also partnering with <a href="https://www.globenewswire.com/Tracker?data=FfByaaseQHO9TSWOkLliK_BqsiofUJni9tivlbPleKEdXG2YNh83uxt-dmhDRiaDrxgC_3nTZCLUWeMhqNuklebYEOaCZGJOLF5i2EEceSyfQXmp-cYbsyE3sak7IyFX" rel="nofollow" target="_blank" title="Canada Mortgage and Housing Corporation">Canada Mortgage and Housing Corporation</a> (CMHC) to make a significant portion of the residences more attainable. “Launching Primont Rental Living is an important milestone for our company and a natural extension of our commitment to building homes that respond to the changing needs of the communities we serve,” said Joe Montesano, President of Primont. “We see a growing need for quality rental housing that gives families more choice, and we’re proud to begin this next chapter here in Brampton.” “As Brampton continues to grow, we need more housing options to meet the needs of residents at every stage of life,” said Mayor Patrick Brown. “Primont has been a strong partner in Brampton’s growth, investing in our community and bringing new housing choices to our city. We’re pleased to see that investment expand with the launch of Primont Rental Living, providing residents with even more options to call Brampton home.” Primont has longstanding roots in Brampton, with communities including MontVert, M Condos and Chateaus, and several new developments slated for the years ahead. This October, Primont will launch <a href="https://www.globenewswire.com/Tracker?data=suVAaeauTclzw2jP49GbmZSHwE0UFh7qWY_zoH7t1UEGPEB_KuA1gVc8nktuB4VjUPmp5TnB4Jxi5lmdkXPwewIL-SyfunqtIErDLfK0p2E6X3nKG_jFszEOaHd3hdgb" rel="nofollow" target="_blank" title="Cornerstone">Cornerstone</a>, a new master-planned community in Brampton offering three- to five-bedroom townhomes and detached homes. Together, these developments demonstrate Primont’s broader commitment to expanding housing choice in Brampton and across the GTA. From townhomes and detached homes to high-rise communities and purpose-built rentals, Primont is committed to creating more opportunities for individuals and families to find a home that meets their needs. The Brampton community marks the first project for Primont Rental Living, with additional purpose-built rental developments planned for the GTA, as well as future phases in Brampton. ABOUT PRIMONT For more than 50 years, Primont has built communities across the Greater Toronto Area, with expertise spanning high-rise, low-rise and master-planned communities. As a family-owned and operated homebuilder, Primont has built more than 7,000 homes and established a reputation for thoughtful community planning, quality craftsmanship and creating places designed around the needs of today’s families. Primont Rental Living is Primont’s newest purpose-built rental division, expanding the company’s commitment to creating quality and attainable housing across the GTA. The division will introduce purpose-built high-rise rental communities in key locations across the region. Building on Primont’s 50-year history, Primont Rental Living extends the company’s focus on quality, thoughtful design and community building to a new generation of rental housing. For more information, visit <a href="https://www.globenewswire.com/Tracker?data=JzZ1a9uP-rpaCuizy8L3D_EImvJVLYgq8ZMdeD9naxBjtG9T3NYszwlCPXvR4FLvMEO20yyMzEucPziPeFS89Pftm71Dpt7gBqISHcwSSII=" rel="nofollow" target="_blank" title="www.primont.com">www.primont.com</a> Contact Information: Website: <a href="https://www.globenewswire.com/Tracker?data=JzZ1a9uP-rpaCuizy8L3DzCCfAFB7_v7epGHXmNPCAm5xLaIJfaX4aycgETk5RHImkoB9vZAy7GiO1ispQNB8ZiNwdnlpX877WhoGSrmp10=" rel="nofollow" target="_blank" title="www.primont.com">www.primont.com</a> Email: <a href="https://www.globenewswire.com/Tracker?data=PjM387TvbOzQ27gJfQIo-j6qLDpMMhvNWMOGfIp6WR78PbgNoOI8WHG4fD0uGdMV-rXvRszfM6FKbcVN1ijLU5Y6kF3xd31Hypegb7QdNBk=" rel="nofollow" target="_blank" title="primont@primont.com">primont@primont.com</a> Phone: 905.770.7002 Address: 9130 Leslie St. #301 Richmond Hill, ON L4B 0B9 A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=L4_XDXZ9kP_K6sVQVOg_KXZklzlIYpDMcFpd95lj7f7x6Joq2ntgcZz4myuU1AbbjqZhoWcsPqx_BxBleT4hJtOKEqXZk_5AN1O7VJnYVvaKfdhuvA6rx9E3vOodQ-0JPpjDUHCWmj3S8GvjIm4Sqvx4BTuJPXHNzXTPZV_FYYJGWawRfgGKzY75OqtAHgd6TaT3qk_pehBm5r5dQNJpnELTHYoa8G8bZkUiZFEa_R6TeqKBOTnWfKtAvE7yeHZJ4JMnM6eMeEbgRQZdSgo-Uw==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/9bd72003-2802-4a30-862a-682e0176cc35</a> <img alt="" src='https://ml.globenewswire.com/media/NTFiMzRmN2EtZDM3NS00NWI5LWE0YjMtYTEwN2VmM2IzNmZmLTEzMzU5MzItMjAyNi0wOS0wMS1lbg==/tiny/Primont-Homes.png' referrerpolicy='no-referrer-when-downgrade' />

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Primont Launches Rental Division with New Purpose-Built Rental Community in Brampton

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