Phase 1 sold out
Phase 2 starting from
$549,990*
Levies capped at $0 · 1 year free maintenance
Lakeview Village · Lakeshore Rd E & Hydro Rd · Mississauga
A collection of coastal townhomes by award-winning builders DECO and OPUS, steps from Lake Ontario in the GTA's most exciting new waterfront community. 2 to 4 bedrooms, with private rooftop terraces on select homes.
Find yourself here
South Banks is a collection of coastal townhomes in Lakeview Village — a future community where the water is always within reach and the horizon is always in view.
Private entrances, layered outdoor space, rooftop terraces and truly livable floor plans, all inside one of the most transformational waterfront projects in the GTA: 45+ acres of parks, a 1 km pier, waterfront promenades, shops, restaurants and an Innovation District planned for 9,000 jobs.
Artist's rendering. Subject to change without notice.
Why South Banks
Walk to the Jim Tovey Lakeview Conservation Area, the waterfront trail, a planned 1 km pier and Lakefront Promenade Park — the lake is part of everyday life.
Low-rise resale around Lakeview sits almost entirely above $1M — a median of $1.47M in Lakeview alone. South Banks starts from $549,990* — brand new, by the lake.‡
2, 3 and 4-bedroom options. The builder's survey of 16 neighbouring new townhome communities found none offering a 4-bedroom plan.‡
Coast and Drift Rooftop Terrace homes add an open-air room for entertaining, sunsets and lake breezes. One-storey living options too.
Recent leases nearby: 2-bed median $3,480/mo, 3-bed $5,400/mo, 4-bed $7,950/mo — with 89% of 4-bedrooms leasing at or above asking.‡
DECO's DesignForward communities meet OPUS, a nine-time finalist and two-time winner of BILD's Home Builder of the Year award.
‡Source: builder's market study (active MLS listings and completed leases, Lakeview Village area, 2026). For information only; not a guarantee of future values or rents.
Phase 1 sold out. Register now for the full price list, floor plans and first pick of the best Phase 2 units.
Register NowThe homes
Stacked coastal townhomes from 931 to 1,463 sq ft with 2 to 4 bedrooms and 2 bathrooms in every plan — single-level homes, two-level homes and homes with a private rooftop terrace.
Single-level
From $549,990*
Starting from $549,990*
One-floor living with no stairs inside the home — ideal for first-time buyers, downsizers and investors.
| Model | Sq ft | Beds | Baths |
|---|---|---|---|
| Azure | 931 | 2 | 2 |
| Breeze | 997 | 3 | 2 |
Two-level
From $669,990*
Starting from $669,990*
Two-level family homes with a balcony and an optional extra bedroom — Coast can add a 3rd, Drift can add a 4th.
| Model | Sq ft | Beds | Baths |
|---|---|---|---|
| Coast | 1,179 | 2 (opt. 3) | 2 |
| Drift | 1,252 | 3 (opt. 4) | 2 |
Two-level + terrace
From $749,990*
Starting from $749,990*
The largest homes at South Banks, crowned by a private rooftop terrace that extends your living space into the open air.
| Model | Sq ft | Beds | Baths |
|---|---|---|---|
| Coast Rooftop Terrace | 1,385 | 2 (opt. 3) | 2 |
| Drift Rooftop Terrace | 1,463 | 3 (opt. 4) | 2 |
*Net price for eligible first-time buyers after the FTHB HST rebate; grand opening list prices start from $621,489 (Azure). Prices are base prices and may not reflect current availability. Square footage is interior area; rooftop terrace area is additional. One underground parking space is included with select models; additional parking ($40,000) and lockers ($6,500) available. Optional bedrooms are available at extra cost. All sizes, layouts and specifications are preliminary and subject to change without notice. Renderings are artist's concept. E.&O.E.
Designed for how you live
Every floor plan at South Banks starts with a simple question: how will you live here? The answer shapes everything, from the flow of natural light to the placement of every wall.
Artist's concept. Features vary by model.
Inside South Banks
Interiors shaped by the same calm that draws you to the water. Select an image to take a closer look.
Artist's renderings only. Furnishings and some features shown may be upgrades. Subject to change without notice.
The project film
Phase 1 buyers moved fast. Register to get the Phase 2 package and a private one-on-one consultation with me.
Register NowSouth Banks amenities
A private landscaped courtyard at the heart of South Banks: friendly matches on the bocce court, a giant chess board for slow afternoons and the Celebration Tree standing at the centre of it all.
Artist's concept. Amenities subject to change without notice. E.&O.E.
Location · Lakeview Village, Mississauga
Lakeview Village is breathing new life into Mississauga's waterfront: a 177-acre master plan between Port Credit and Toronto's Long Branch bringing together homes, parks, promenades, workplaces, restaurants and gathering spaces — all connected by the lake.
†Drive times are estimates. School catchment areas are not finalized and are subject to change without notice.
By the numbers
The builder's own model shows South Banks homes averaging positive monthly cash flow at today's market rents — in a waterfront market where new 3- and 4-bedroom product is scarce.
*Builder model: 20% down payment, 3.75% mortgage rate, 25-year amortization, Mississauga residential tax rate of 1.087901%, approximate insurance and comparable MLS rents. Maintenance estimated at $199/month per unit plus $64.95 for parking and $29.95 for a locker where applicable. ‡Active MLS listings and completed leases, Lakeview Village area, 2026. For information only — not financial, legal or tax advice. Subject to change. E.&O.E.
Rooftop terrace and 4-bedroom homes go first. Register now for live availability before they're gone.
Register NowGrand opening incentives
Just $10,000 on signing, then $7,500 instalments spread over 11–17 months, with the balance on occupancy (2029).
*Incentives subject to the Vendor's conditions in the Agreement of Purchase and Sale; terms and conditions apply and may change without notice. Net prices reflect the first-time buyer HST rebate, which is subject to federal and provincial legislation and eligibility criteria and to approval by the Canada Revenue Agency and the Government of Ontario.
The builders
DECO is an award-winning builder of DesignForward communities across Ontario — layouts built with intention, for real life rather than a showroom. OPUS is a third-generation homebuilder known for exceptional craftsmanship and its Living Refined™ promise.
Phase 2 VIP registration
Phase 1 sold out. Phase 2 homes start from $549,990*. Register with me for the full South Banks package and priority access to the best units.
Thanks for registering. I'll be in touch within one business day with the South Banks Phase 2 package. Need it sooner? Call or text 647.868.6248.
FAQ
South Banks is in Lakeview Village near Lakeshore Road East and Hydro Road in Mississauga, on the Lake Ontario waterfront between Port Credit and Toronto's Long Branch. It sits beside Waterway Common Park and the Innovation District, a short walk from the Jim Tovey Lakeview Conservation Area. For floor plans, pricing or a private consultation, register on this page or call Puneet at 647.868.6248.
Yes — Phase 1 has sold out, and Phase 2 is now launching. Phase 2 releases additional homes across the six South Banks layouts. Availability changes quickly at launch, so register and I'll send you the Phase 2 price list and live availability.
South Banks is by DECO and OPUS Homes. DECO builds DesignForward communities across Ontario, and OPUS is a third-generation builder, a nine-time finalist and two-time winner of BILD's Home Builder of the Year award. Lakeview Village is led by Lakeview Community Partners (LCPL).
Six stacked coastal townhome layouts from 931 to 1,463 sq ft: Azure (2 bed, 931 sq ft) and Breeze (3 bed, 997 sq ft) on one level; Coast (2 + optional 3rd bed, 1,179 sq ft) and Drift (3 + optional 4th bed, 1,252 sq ft) on two levels; and Coast Rooftop Terrace (1,385 sq ft) and Drift Rooftop Terrace (1,463 sq ft) with a private rooftop terrace. Every plan has 2 bathrooms.
Grand opening prices start from $549,990* for the Azure (2 bed, 931 sq ft), $669,990* for the Coast, $719,990* for the Drift End, $749,990* for the Coast with Rooftop Terrace and $789,990* for the Drift End with Rooftop Terrace. *These are net prices for eligible first-time buyers after the HST rebate; list prices start from $621,489. Prices are base prices and change as units sell — register and I'll send you live availability.
An extended deposit structure: $10,000 on signing, then $7,500 instalments, with $10,000 on occupancy. Total deposit is $70,000 for 1-storey homes and $95,000 for 2+ storey homes. Free assignment is offered (legal fees apply).
Yes — South Banks homes are part of a condominium, with a unit maintenance fee of $199.99/month — free for the first year as a grand opening incentive. One underground parking spot is included with select models; additional parking is $40,000 and a locker $6,500. Occupancy is scheduled for 2029. Fees are subject to change.
The builder's model shows an average of about +$542/month in net cash flow at today's market rents (based on 20% down, a 3.75% rate and 25-year amortization), and recent nearby leases show strong demand for 3- and 4-bedroom homes. Every purchase is different — I'll walk you through the numbers for the specific unit you're considering. This is not financial advice.
South Banks sits between two Lakeshore West GO stations — Long Branch (about 1 km) and Port Credit (about 3 km) — with about 25 minutes by GO train to Union Station. Local MiWay routes along Lakeshore Road East connect to both stations.
No. As your buyer's agent I'm typically paid by the builder, so you get representation, guidance on the APS, deposit and upgrade advice, and help choosing the right unit — at no additional cost to you.