True freehold
You own the home and the land. No monthly fee. You are responsible for everything, including your own roof and windows.
Now registering
Coastal towns on the Mississauga shoreline.
Three-storey townhomes with rooftop terraces, by DECO Homes and OPUS Homes — inside Lakeview Village, the 177-acre waterfront community rising on Lake Ontario at Lakeshore Road East and Hydro Road.
From $549,990Builder's published starting price, net of HST rebate. Conditions apply. E&OE.
Artist's concept — rooftop terrace. Developer-provided.
2–4 bedroomsAcross three storeys, all homes above grade
2 full bathsOn every floor plan in the release
Rooftop terracePrivate outdoor living above the lake
8 minTo Port Credit village and the GO line
The homes
Three storeys, a private front door, and a terrace on the roof.
South Banks is a collection of coastal townhomes finished in pale brick, with balconies at the middle level and planted terraces on top. Here is what the builder has actually released so far.
- From $549,990Builder's published starting price, net of HST rebate. Conditions apply. E&OE.
- 2 to 4 bedroomsAcross a range of three-storey plans
- 2 full bathroomsOn every plan in the release — not an upgrade
- All above gradeNo below-grade living space in any plan
- Rooftop terracesPrivate outdoor space on top of the home
- OwnershipNot published by the developer — see below
The community
A stretch of waterfront that's been closed to the public for decades.
Lakeview Village is the redevelopment of the former Lakeview Generating Station — 177 acres of Mississauga's eastern shoreline becoming a mixed-use community with parks, promenades, retail and direct access to the lake.
It's being built in phases over the next fifteen to twenty years, and vertical construction on the first residential buildings is already underway. South Banks sits inside it, on the townhome side.
Practically, that means buying into a neighbourhood with a published master plan and a city behind it — rather than a single building on a busy road. It also means a lot of what you are buying does not exist yet, which is exactly why the questions further down this page matter.
Developer-provided lifestyle photography of the surrounding waterfront.
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.
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 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.
Want the long version? I wrote a full guide on freehold vs POTL vs condominium townhouses — what each one costs you monthly, how to find out which you're buying, and the six traps I watch for.
Register
Be on the list before the release.
Floor plans, pricing and the release schedule the moment they exist — plus my read on the plan you're considering. Free, and it carries no obligation.
Yovan Gabric, REALTOR®Royal LePage® Pinnacle Real Estate, Brokerage — independently owned and operated416-953-9545 · yovan@royallepage.ca
No costNo obligationDetails never shared
Why register through me
Everyone can send you the floor plans.
I spent twenty-five years building homes before I sold them. On a pre-construction purchase that matters at exactly one moment — the day you sit down at the design centre.
The upgrade read
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 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 the ownership structure is known, we run the true monthly number 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, 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.
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
The honest answers.
What are the prices?
The builder's own material puts South Banks from $549,990, net of HST rebate, conditions apply. Worth knowing what “net of HST rebate” means: the rebate is credited into the price on the assumption you will live in the home. If you are buying to rent it out, you generally pay that amount at closing and apply for the rental rebate afterward — so an investor's real cash-to-close is higher than the advertised number.
You will also see “from the $700s” quoted on third-party listing sites. That does not match the builder's own card. Treat the $549,990 as the starting point for the entry plan, and expect the plan you actually want to sit above it — I'll send the full price list the moment it is released.
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'll send the builder's stated date when it is released and explain how the delay provisions actually work.
Does registering cost me anything, or tie me to you?
No to both. Registration is free, carries no obligation, 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've 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've registered elsewhere and would rather work with me, tell me early — it's much easier to sort out before you sign anything than after.
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. Ask me and I'll model both honestly — the answer is not always pre-construction, which is rather the point.
South Banks at Lakeview Village — Lakeshore Road East & Hydro Road, Mississauga, Ontario. Developed by DECO Homes & OPUS Homes. Project facts on this page were confirmed against developer and municipal sources on 31 August 2026.
This page is an advertisement by Yovan Gabric, REALTOR®, of Royal LePage® Pinnacle Real Estate, Brokerage, for information and registration purposes only. It is not the developer's official website. Royal LePage® Pinnacle Real Estate, Brokerage is not the developer of South Banks at Lakeview Village and is not the exclusive listing brokerage for this project.
All project names, logos, renderings and photography are the property of their respective owners and are used with permission for promotional purposes. Renderings are artist's concept and final design, materials, finishes and landscaping may vary. Pricing shown is the builder's published starting price, net of HST rebate, is subject to change without notice and does not include applicable taxes, levies, closing adjustments or upgrades. Ownership structure, unit sizes, fees and occupancy have not been published by the developer and are deliberately not stated here. All information is believed accurate, drawn from developer and public sources, and 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.