New Townhomes in Mississauga — The South Banks Towns at Lakeview Village

If you are searching for new townhomes in Mississauga, The South Banks Towns is a new collection of Modern Coastal Towns by DECO Homes and OPUS Homes at Lakeshore Road East & Hydro Road, inside the 177-acre Lakeview Village waterfront master plan. Contemporary 2, 3 and 4-bedroom homes with 2-storey above-grade designs, rooftop terrace options and underground parking — 20 minutes from Central Toronto. Launching Early Fall from $549k.

Project specifications at a glance

ProjectThe South Banks Towns at Lakeview Village
BuildersDECO Homes & OPUS Homes
AddressLakeshore Road East & Hydro Road, Mississauga, ON
Home typeModern Coastal Towns — 2-storey above-grade townhomes
Bedrooms2, 3 & 4 bedrooms
Outdoor spaceRooftop terrace options
ParkingUnderground parking
Starting priceFrom $549k
LaunchLaunching Early Fall — Phase 1 VIP registration open
OccupancyEstimated 2028

Why buyers shortlist new townhomes over condos in Mississauga

Where new townhome supply is going in Mississauga

Most new low-rise supply in Mississauga is now delivered inside master-planned communities rather than standalone infill sites. Lakeview Village is the largest of them — a 177-acre redevelopment of the former Lakeview Power Generating Station lands on the Lake Ontario shoreline, planned for roughly 16,000 residents with more than 50 acres of parks, a marina district and a public waterfront promenade.

The South Banks Towns sits inside that plan, which means the amenity base, parks and street network are being delivered by the master developer alongside the homes rather than promised for a later phase somewhere else in the city.

Getting first access

Phase 1 is the first release. Floorplans, the full pricelist and the deposit structure go to the VIP list before public launch, and appointments are scheduled in registration order.

Questions buyers ask

What new townhomes are launching in Mississauga right now?

The South Banks Towns at Lakeview Village by DECO Homes and OPUS Homes is launching Early Fall, with Phase 1 VIP registration open now. Homes are 2, 3 and 4-bedroom Modern Coastal Towns from $549k.

How much do new townhomes in Mississauga cost?

Pricing varies by community and location. The South Banks Towns starts from $549k, which is among the lower entry points for new low-rise homes on the Mississauga waterfront. Full pricing is released to the VIP list first.

When can I move into a new Mississauga townhome bought today?

Pre-construction townhomes typically take a few years to build. Occupancy at The South Banks Towns is estimated for 2028.

Key pages

Sales by Condo Circle — +1-289-400-0110 — Info@condocircle.ca. We do not represent the builder. Renderings are artist's concept. E.&O.E.