Occupancy2029 (tentative; March 2029 to January 2030 by block)
Sizes931 – 1,463 sq ft (plus outdoor space)
Bedrooms2 – 4 bedrooms
MaintenanceEst. $199 a month per home, plus parking and locker fees
About South Banks at Lakeview Village
South Banks is a collection of coastal stacked townhomes by DECO Homes and OPUS Homes at Lakeview Village, the 177-acre waterfront community taking shape on Mississauga’s eastern lakeshore near Lakeshore Road East and Hydro Road. There are six designs, all with two bathrooms: one-storey lower-level homes (Azure and Breeze) and two-storey upper-level homes (Coast and Drift) with balconies, two of which come with a private rooftop terrace of up to 392 sq ft. Homes range from 931 to 1,463 sq ft, with two to four bedrooms.
On the builder’s October 2026 price list, homes start at $549,990 for the two-bedroom Azure, plus HST, and the builder says its pricing reflects the HST rebate for first-time buyers. One parking space is included with the Breeze, Coast and Drift. Construction is expected to start in early 2027, with occupancy tentatively planned for 2029. Maintenance is estimated at about $199 a month per home, plus parking and locker fees.
Few homes remain in the first release, and the public grand opening is on October 24, 2026. Ask us what’s available now, or unlock the full price list and floor plans below.
Life at South Banks and Lakeview Village
Lakeview Village is a 177-acre master-planned community on Mississauga’s eastern waterfront, built on the lands of the former Lakeview Generating Station. It is planned for up to 11,000 homes, 45 acres of parks and green space, more than 200,000 sq ft of shops and restaurants, and an innovation district with room for some 9,000 jobs. Several builders are selling there at the same time, so buyers can compare condos and townhomes in one neighbourhood.
Watch the video
A 38-second look at South Banks and the Lakeview waterfront. Video: DECO Homes & OPUS Homes.
The homes
DECO and OPUS describe South Banks as coastal townhomes: stone and brick exteriors, oversized windows and private entrances, in two styles of block, one with pitched roofs and one with rooftop terraces. Inside, the builder lists quartz countertops, a kitchen island as standard, smooth ceilings and laminate flooring. The lower-level Azure (2 bedrooms) and Breeze (3 bedrooms) are one-storey homes. The upper-level Coast and Drift are two-storey homes with balconies, and an optional extra bedroom makes the Coast a 3-bedroom and the Drift a 4-bedroom. The Coast and Drift Rooftop Terrace plans add a private terrace of 392 and 340 sq ft.
A private rooftop terrace. Rendering: DECO Homes & OPUS Homes (artist’s concept).
More photos of the homes, including both exterior styles and the three kitchen finish palettes. Tap a photo to open the slideshow.
The blocks wrap around a shared courtyard with a lawn, a covered dining area, tiered seating and a play area, a bocce court, oversized games, bicycle parking and the Celebration Tree at its centre.
The neighbourhood
The community is built around a new waterfront park, with the Waterfront Trail running along Lake Ontario east to Marie Curtis Park and the mouth of Etobicoke Creek, and west to Lakefront Promenade Park and its marina. A one-kilometre pier is planned. Lakeshore Road East has the shops and cafés of old Lakeview, Long Branch and Port Credit GO stations are nearby for the train to Union Station, and the QEW is minutes away.
Lakeview Village renderings: the pier, beach, marina and parks planned around South Banks. Tap a photo to open the slideshow.
Lakefront Promenade Marina at dusk, a short walk west along the Waterfront Trail. Photo: Kevin Cabral, CC BY 2.0.
Renderings are artist’s concepts and may change. The waterfront photos show the surrounding neighbourhood, not the project.
Highlights
Coastal stacked townhomes by DECO Homes and OPUS Homes at Lakeview Village, a 177-acre waterfront community
Six designs with 2 to 4 bedrooms and 2 bathrooms, from 931 to 1,463 sq ft
Private rooftop terraces of 340 to 392 sq ft on the Coast and Drift Rooftop Terrace plans
From $549,990 on the October 2026 price list, plus HST (the builder’s pricing reflects the first-time buyer HST rebate)
One parking space included with the Breeze, Coast and Drift
A shared courtyard with a covered dining area, bocce court, oversized games, a play area and a Celebration Tree
Steps from the waterfront, the planned 1 km pier and the Waterfront Trail; Long Branch and Port Credit GO stations nearby
Public grand opening on October 24, 2026; occupancy tentatively from 2029
Current builder incentives
HST relief: prices are plus HST, and the builder says its pricing reflects the HST rebate for first-time buyers. New homes up to $1 million bought under agreements signed between April 1, 2026 and March 31, 2027 may qualify for relief of the full 13% HST (up to $130,000), subject to construction-timing and use rules, and every home on the current list is under $1 million. Investors pay the HST on closing and claim their rebate afterwards. Rebates are subject to approval by the Canada Revenue Agency and the Government of Ontario. Ask us how it applies to you.
As of October 18, 2026. Incentives can change or end at any time — ask us for the latest.
Deposit structure
The deposit schedule isn’t in the builder’s broker package yet. Ask us for the current deposit structure before you sign.
Available homes & floor plans
The builder’s price list (October 18, 2026) has six home designs: one-storey homes on the lower level (Azure and Breeze) and two-storey homes above them (Coast and Drift), two with private rooftop terraces. Every plan has two bathrooms; the Breeze and Drift are end homes. Here’s where prices start for each design:
Model
Price from*
Bedrooms
Size
Outdoor space
Azure
$549,990
2
931 sq ft
83 sq ft
Breeze
$609,990
3
997 sq ft
72 sq ft
Coast
$669,990
2 (opt. 3)
1,179 sq ft
80 sq ft
Drift
$699,990
3 (opt. 4)
1,252 sq ft
36 sq ft
Coast Rooftop Terrace
$739,990
2 (opt. 3)
1,385 sq ft
392 sq ft terrace
Drift Rooftop Terrace
$754,990
3 (opt. 4)
1,463 sq ft
340 sq ft terrace
*Plus HST; the builder says its pricing reflects the HST rebate for first-time buyers. End homes and park views cost more. Few homes remain in the first release, and prices can change between releases.
🔒 Full price list, all 8 floor plans and the brochure
See every price by position (interior, end and park-view homes), the floor plans and the parking, locker and upgrade prices, and download the brochure. Free, instant access.
Monthly costs (builder estimates): maintenance of about $199 a month per home, plus $64.95 for parking and $29.95 for the locker, where they apply. Property taxes are estimated at about 1.09% of the price a year (Mississauga’s current residential rate).
Information is gathered from builder materials and public sources and was last checked on October 18, 2026. Renderings are artist’s concepts. Prices, incentives, specifications and availability are subject to change without notice. E.&O.E.
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