The Wateridge Village development incorporates the best of urban reintegration and quality of life, making for a once-in-a-lifetime opportunity to develop a place where Canadians can live, work, learn and play.
The site (310 acres/125.5 hectares) was occupied by the Department of National Defence (DND) in the 1920s before it was eventually re-designated the Canadian Forces Base Rockcliffe. The base was primarily reduced to housing before being decommissioned in 1994.
Canada Lands purchased the site from DND in 2011, following the signing of the Algonquins of Ontario – Canada Lands Company Participation Agreement in 2010 which provides a framework for an ongoing relationship. So far, 92 acres /37.2 hectares have been developed, one parcel (six acres/2.4 hectares) sold to the French-language public school board and two public parks have been built (at full development, Wateridge Village will include 10 parks). Canada Lands’ builder partners are very active on the site.
Canada Lands is continuing its servicing work in its current phase that will offer a variety of housing types. The Company has identified a parcel of land at Wateridge Village to be included in the Federal Lands Initiative, an affordable housing project led by the Canada Mortgage and Housing Corporation. Additionally, the community will be the location of two new developments led by Habitat for Humanity and Multifaith Housing Initiative, aimed at providing affordable housing for families and homeless veterans, respectively.