Toronto Premium Outlets
An outlet shopping centre in Halton Hills, Ontario, and the first Premium Outlets centre established in Canada.
Last updated August 22, 2026
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Overview
Toronto Premium Outlets is an outlet shopping centre in Halton Hills, Ontario, Canada. The centre opened on August 1, 2013, introducing the Premium Outlets format to the Canadian market and becoming the first large-scale concentration of outlet stores of its type in the country. Its location in the Greater Toronto Area places it within the region's broader retail and tourism network, alongside other major outlet destinations such as Vaughan Mills and Dixie Outlet Mall. The centre provides approximately 800,000 square feet, or about 74,322 square metres, of shopping space. Its retail proposition is based on outlet shopping: customers visit a purpose-built centre containing multiple branded stores that sell discounted merchandise, including apparel and other consumer goods. The mall's value-oriented positioning distinguishes it from conventional full-price shopping centres, while its concentration of recognizable brands gives it the characteristics of a destination retail property rather than a single-store retailer. Toronto Premium Outlets also played a role in introducing new retail concepts to Canada. The original tenant mix included the first Hudson's Bay Discount Store, a discount-format operation associated with the Hudson's Bay department-store group. That space was later replaced by Saks Off 5th, a related off-price banner. The centre also contained Canada's first Restoration Hardware store, although that location subsequently closed. These changes illustrate the evolving nature of the mall's tenant composition and the use of the property as a platform for outlet and off-price retail formats. A second phase of construction began in 2017 and was completed on November 15, 2018. The expansion formed part of the centre's physical development after its initial opening and increased the scale of the destination beyond its original configuration. Public reference material does not identify a specific founder, individual executive team, ownership structure, financial performance, or stock-market listing for the centre. It is therefore best understood in this dossier as a Canadian outlet-shopping destination and retail property brand, rather than as a separately listed operating company. The centre's core offer remains discount-oriented shopping in a multi-brand environment. Its principal customer appeal is access to branded merchandise at outlet prices, supported by the convenience of visiting many stores at one location. Information in the available reference material does not establish a comprehensive current tenant list, current sales figures, detailed visitor metrics, or a confirmed corporate parent. Those fields are consequently left unspecified where the public material does not provide reliable support.
History
Toronto Premium Outlets was developed as a large outlet-shopping centre in Halton Hills, Ontario, within the Greater Toronto Area. It opened to the public on August 1, 2013, and was described as the first Premium Outlets centre in Canada as well as the first major concentration of stores of this type in the country. The opening established a dedicated destination for multi-brand discount shopping in a market already served by other outlet and factory-store developments. The centre was planned around a substantial retail footprint of approximately 800,000 square feet, equivalent to about 74,322 square metres. Its format differs from that of a conventional department store or shopping street: shoppers can visit numerous branded outlet stores in one destination, with the commercial proposition centred on discounted merchandise. The available reference material identifies apparel, home and other branded consumer goods through named tenants and retail banners, but does not provide a complete historical or current tenant directory. Among the centre's early retail concepts was the first Hudson's Bay Discount Store in Canada. That operation gave the department-store group a discount-format presence within the outlet centre. The space was later occupied by Saks Off 5th, an off-price banner associated with the same broader retail ownership relationship. The tenant transition reflects the changing mix of retail concepts at the property and the continuing role of outlet centres as places for testing or scaling discount formats. Toronto Premium Outlets also included Canada's first Restoration Hardware store. That store has since closed, demonstrating that the tenant mix has not remained fixed since the centre's opening. The centre's identity, however, continued to be based on destination outlet shopping rather than on any one tenant. A second phase of construction began in 2017. It was completed on November 15, 2018, marking the next major documented stage in the property's physical development. The reference material does not specify the exact number of new stores, the investment value, or the detailed architectural scope of the phase, so those particulars are not stated here. Publicly available material supplied for this entry does not establish the centre's individual founder, current executives, legal owner, parent company, financial results, or listed-company status. It also does not provide a documented record of scandals, lawsuits, recalls, or regulatory controversies involving the centre. Toronto Premium Outlets is therefore characterized primarily as an active Canadian outlet-mall brand and retail destination whose documented history consists of its 2013 launch, notable early-format tenants, tenant changes, and 2017–2018 expansion.
- 2018
Second construction phase completed
[1]The second phase is completed on November 15, 2018.
- 2017
Second construction phase begins
[1]A second phase of construction begins at the outlet centre.
- 2013
Centre opens
[1]Toronto Premium Outlets opens in Halton Hills on August 1 as the first Premium Outlets centre in Canada and the country's first major concentration of stores of this type.
Products and positioning
Discount outlet shopping in a large, multi-brand destination centre serving the Greater Toronto Area and surrounding Ontario market.
Retail format · 2013
Multi-brand outlet retail
The centre's primary offering is a concentration of outlet and off-price stores in one destination. The format gives shoppers access to branded merchandise across multiple categories, with the central value proposition built around discounted prices rather than a single proprietary product line.
Department-store discount format · 2013
Hudson's Bay Discount Store
The original tenant mix included the first Hudson's Bay Discount Store in Canada. It represented a discount-oriented extension of the Hudson's Bay retail concept within the outlet-centre environment. The space was later replaced by Saks Off 5th.
Off-price fashion retail
Saks Off 5th
Saks Off 5th subsequently occupied the space previously associated with the Hudson's Bay Discount Store. Its presence added an established off-price fashion banner to the centre's multi-brand outlet proposition.
Home furnishings · 2013
Restoration Hardware
Toronto Premium Outlets previously housed Canada's first Restoration Hardware store, giving the centre a home-furnishings and design-oriented component in addition to its fashion and general outlet stores. The location has since closed.
Brand decisions
2017
Proceed with a second construction phaseStrategyBackground
After the centre's 2013 opening, a second phase of construction was undertaken to continue development of the outlet destination.
Action taken
Construction began in 2017 and the phase was completed on November 15, 2018.
Aftermath
The project marked a documented expansion stage for the centre, although the supplied sources do not quantify added floor area, stores, investment, or financial results.
- Change the centre's discount-format anchorOther
Background
The original Hudson's Bay Discount Store was later replaced as the relevant tenant concept at the centre.
Action taken
The space was occupied by the co-owned Saks Off 5th banner.
Aftermath
The tenant change preserved an off-price retail role within the centre while changing the banner associated with that space.
Recent events
- 2018
Expansion phase at Toronto Premium Outlets is completed[1]
Other
A second construction phase that began in 2017 was completed on November 15, 2018, extending the centre's development after its original opening.
- 2013
Toronto Premium Outlets opens as Canada's first Premium Outlets centre[1]
Other
The Halton Hills outlet centre opened on August 1, establishing the Premium Outlets format in Canada and creating a large, concentrated outlet-shopping destination in the Greater Toronto Area.
Saks Off 5th replaces Hudson's Bay Discount Store space[1]
Product generation
The centre's original Hudson's Bay Discount Store, identified as Canada's first such store, was later replaced by the co-owned Saks Off 5th banner.
Restoration Hardware location at the centre closes[1]
Other
Toronto Premium Outlets previously housed Canada's first Restoration Hardware store; the location has since closed.
Sources2 sources
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