True freehold
You own the home and the land. No monthly fee. You are responsible for everything, including your own roof and windows.
Pre-construction · Mississauga
South Banks at Lakeview Village.
Coastal townhomes by DECO Homes and OPUS Homes, on the Lake Ontario shoreline at Lakeshore Road East and Hydro Road — inside the 177-acre Lakeview Village community. Registration is open. Plans and pricing are not yet public.
177 acresThe Lakeview Village waterfront community
50+ acresOf parks, promenades and greenspace planned
3 storeysCoastal towns, up to four bedrooms
8 minTo Port Credit village and the GO line
Register
Get the release package — and a second opinion on it.
Floor plans, pricing and the platinum release go out to registrants before anything is public. I'll send you that package the moment DECO and OPUS release it.
What I add is the part the builder doesn't send. I spent twenty-five years building homes before I sold them, so when the plans arrive I'll walk them with you and tell you what I'd ask about, what the upgrade list is really worth, and whether this is the right buy for you at all.
- Developers
- DECO Homes & OPUS Homes
- Location
- Lakeshore Rd E & Hydro Rd, Mississauga
- Community
- Lakeview Village — 177 acres
- Home type
- Three-storey coastal townhomes
- Bedrooms
- 2 to 4
- Bathrooms
- 2 full baths on all plans
- Outdoor
- Rooftop terraces; all homes above grade
- Ownership
- Not yet published — see below
- From
- $549,990 — net HST rebate, E.&O.E.
- Occupancy
- Not yet published
Facts confirmed against developer sources on 31 August 2026
Prefer to talk? Call or text 416-953-9545
Before you register anywhere
Nobody has told you whether these are freehold.
You will find pages describing South Banks as “freehold townhomes.” I checked. That word does not appear on the developers' own project site, it does not appear on the Lakeview Village community site, and it does not appear on the brokerage registration pages either. It appears on third-party pre-construction listing sites, which copy one another.
I am not saying they aren't freehold. I am saying nobody has published it yet, and it is the single most expensive unknown on this project — because Lakeview Village is a master-planned community with private roads, promenades and shared parkland, and somebody has to own and maintain all of it.
Common element / POTL
You own the home freehold, but a condominium corporation owns the shared roads, visitor parking and greenspace — and you pay a monthly fee toward them. Very common in master-planned communities like this one.
Condominium townhome
The corporation owns the roof, windows, exterior and grounds. The highest monthly fee — but the roof also stops being your problem.
The difference between these is not academic. It changes your monthly carrying cost, what your lender will approve, what you are liable to repair, and what the home is worth when you sell it. Two identical-looking townhomes under two different structures are two different investments.
So here is what I do before you commit anything. I get the ownership structure in writing from the sales office, along with the projected fee if there is one, and I read it against the disclosure documents. Then you decide — with the actual number in front of you instead of a word you read on a listing site.
Why register through me
Everyone can send you the floor plans.
The upgrade read
The design centre is where pre-construction buyers lose the most money. Some upgrades are structural and worth every dollar; others are finishes you could do yourself after closing for a fraction of the quote. Almost nobody selling you the home has ever installed any of it.
A read on the plans
What the drawings tell me about the build before there is a house standing to inspect — ceiling heights, structure, where the mechanical runs, which rooms will actually live the way the rendering suggests.
The real carrying cost
Once we know the ownership structure, we run the true monthly number — mortgage, taxes, any fee, utilities — against what you'd pay for an equivalent resale home. Sometimes pre-construction wins. Sometimes it doesn't, and I'll say so.
Your pre-delivery inspection
Years from now, when the keys are close, the PDI is your one chance to list defects while the builder is still obligated to fix them. I walk it with you, and I know what to look for.
Where it is
Lakeshore Road East & Hydro Road
South Mississauga's shoreline between Port Credit and Long Branch, on the site of the former Lakeview Generating Station — a stretch of waterfront that has been closed to the public for decades and is now being rebuilt in phases over the next fifteen to twenty years.
2 minLakefront Promenade Park & marina
8 minPort Credit village
10 minLong Branch GO Station
15 minSherway Gardens
20 minMississauga City Centre
20 minToronto Pearson
40 minDowntown Toronto
AdjacentJim Tovey Lakeview Conservation Area
Travel times are approximate, drawn from public mapping, and vary with traffic and route.
Questions worth asking
Is registering with you going to cost me anything?
No. Registration is free and carries no obligation. It does not create a representation agreement, does not reserve a home, and does not commit you to buying anything. You can walk away at any point, including after you have seen the plans.
I've already registered on another site. Does that matter?
Possibly. Builders generally credit the brokerage a buyer is registered under, and that can affect who represents you at the sales office. If you have registered elsewhere and would rather work with me, tell me early — it is much easier to sort out before you sign anything than after.
What are the prices?
The developers have not published pricing. You will find numbers quoted on third-party sites; they conflict with one another and none is sourced to DECO or OPUS. I would rather send you the real price list when it exists than repeat a number I cannot stand behind.
When is occupancy?
Also not published. Pre-construction occupancy dates move, sometimes by years, and the date in the agreement of purchase and sale is the one that matters — not the one in the marketing. I will send the builder's stated date when it is released, and explain how the delay provisions in the contract actually work.
Is pre-construction even a good idea right now?
Sometimes. It depends on your timeline, your risk tolerance and what the same money buys you in resale today. I built a calculator that models both paths honestly — it does not always favour pre-construction, which is rather the point. Compare pre-construction vs resale →
About the information on this page
This page is an advertisement by Yovan Gabric, REALTOR®, of Royal LePage® Pinnacle Real Estate, Brokerage. It is not the developer's official website, and this brokerage is neither the developer of South Banks at Lakeview Village nor the exclusive listing brokerage for it. The project is developed by DECO Homes & OPUS Homes.
Project details shown here are drawn from the developers' published material, the Lakeview Village community site and the City of Mississauga's published plan, and were confirmed on 31 August 2026. Ownership structure, pricing, sizes, fees and occupancy have not been published by the developer and are deliberately not stated on this page. All information is subject to change without notice. Nothing here is an offer to sell or a solicitation of an offer to buy. Verify all details independently and review the developer's documentation and your agreement of purchase and sale with your own lawyer before making any decision. Prospective buyers should review the RECO Information Guide. E. & O.E. Not intended to solicit buyers or sellers currently under contract with another brokerage.