CLC acquired 1 Port Street from the Department of Fisheries and Oceans (DFO) in early 2011. The property, which includes an approximately 49 acre (20.2 hectare) waterlot and 18.3 acres (7.4 hectares) of tableland, is situated in the community of Port Credit (in the City of Mississauga), on Lake Ontario at the mouth of the Credit River.

The site includes a 3 story office building, a wharf shed, an operating marina with slippage for approximately 800 boats and related marina facilities.