Yovan Gabric, REALTOR®Royal LePage Pinnacle
Coastal townhomes on one of the most ambitious waterfront redevelopments in Canada. The community is real and well documented. The homes themselves have not been released — and five different websites are already telling you otherwise, in three different ways.
Everything below comes from DECO and OPUS's own site or from the Lakeview Village master-plan developers. It is a short list, and that is the honest position of this project today.
That is the complete list. Sizes, prices, storeys, parking, tenure, deposit structure and occupancy have not been released by the builders. Anything you read stating those things is somebody's guess — and as the next section shows, the guesses do not agree.
Every South Banks website other than the builders' own is run by a marketing company or an agent. I checked them all on 19 August 2026. Here is what each one tells you.
| southbanks.caThe builders | Master plan siteLakeview Village developers | Site AAn agent's site | Site BA marketing company | |
|---|---|---|---|---|
| Storeys | Not stated | Not stated | 3 storeys | 2 storeys above grade |
| Price from | Not stated | Not stated | Not stated | “from the $500s”Aggregators elsewhere say “from the $700s” |
| Occupancy | “Coming this fall” | Not stated | 2029–2030 | “Launching early fall” |
| Units | Not stated | Not stated | “over 120” | Not stated |
| Bedrooms | Not stated | Up to 4 | Not stated | 2, 3 & 4 |
| Parking | Not stated | Not stated | Not stated | Underground, included |
| Tenure | Not stated | Not stated | Not stated | Freehold |
| Sizes | Not stated | Not stated | Not stated | Not stated |
Look at the top three rows. Two storeys or three. From the $500s or from the $700s — a $200,000 spread. Occupancy in a few weeks or in four years. These are not small differences of emphasis; they are different products at different prices on different timelines, all being advertised as the same project.
One of those sites carries the disclaimer “We do not represent the builder. Subject to changes.” That is the honest part of an otherwise confident page, and it is worth reading twice before you give anyone your deposit intentions.
There is no floor plan to assess, no price to compare, no deposit schedule to budget for. Anyone telling you today whether South Banks is good value is guessing, including me.
What you can do is be on the list before the gallery opens — because in a phased release, the early registrants see plans first and choose from the whole site rather than what is left. On a waterfront project with a finite number of homes, position in the queue is worth real money.
Registration is free, takes a minute, and commits you to nothing. It is not an offer and not an agreement. The only thing it buys is time and information — which at this stage is the only thing worth having.
If you are planning around “from the $500s,” know that other sites are saying $700s for the same homes. Until the builders publish, treat any number as unusable for a mortgage conversation or a deposit plan.
The enhanced new-home HST rebate requires an agreement signed by 31 March 2027. If South Banks launches this fall as the builders indicate, it would fall inside that window — which makes the launch date worth tracking rather than assuming.
The project may be unreleased, but the community around it is approved, funded, under construction and thoroughly documented. This is what South Banks would sit inside.
Branthaven, Caivan, Greenpark, DECO, OPUS and Tridel are all building here under a single master plan approved in November 2021. That scale of commitment is unusual and it is the strongest signal that the community gets finished.
A planned retail and dining core with a grocery store and event programming — the thing that decides whether a new waterfront community feels alive or empty on a Tuesday evening.
A District Energy System is in development and the developers describe it as Canada's most extensive low-impact development. Infrastructure decisions like these affect operating costs for decades.
Images of the Lakeview Village community from the master-plan developers and from DECO and OPUS. No renderings of the South Banks homes have been released — when they are, they will be on this page.
When DECO and OPUS release plans, sizes and pricing, I'll send them the same day — with a straight assessment of whether they are worth the money, not a countdown timer.