South Banks

South Banks is a new collection of coastal townhomes by DECO Homes and OPUS Homes in Lakeview Village, Mississauga. Offering modern 2, 3 and 4-bedroom townhome designs, the community combines contemporary living with access to the Lake Ontario waterfront, parks, trails and the growing amenities of one of Mississauga's major master-planned communities. Get Instant Access to Platinum Pricing & Floor Plans.

South Banks Townhomes at Lakeview Village: Official Pricing & Floor Plans Released

Official pricing and floor plans have officially been released for South Banks, an exclusive new coastal townhome development rising inside Mississauga’s massive 177-acre Lakeview Village master-planned community.

Jointly developed by DECO Homes and OPUS Homes, South Banks offers modern 2, 3, and 4-bedroom layouts directly along the Lake Ontario shoreline. Positioned in a market where waterfront low-rise inventory routinely commands over $1M, South Banks introduces rare entry-level pricing to one of the Greater Toronto Area’s (GTA) most transformational lakefront projects.

Located near Lakeshore Road East and Hydro Road, South Banks provides residents with a balance of waterfront living and convenient GTA connectivity. The community is close to Lake Ontario, waterfront trails, parks, Port Credit, GO Transit and major highways, making it an appealing choice for homebuyers looking for new townhomes in Mississauga.

As part of Lakeview Village, South Banks also benefits from the long-term vision of a large mixed-use waterfront community featuring new residential neighbourhoods, parks, public spaces, retail, restaurants, employment opportunities and recreational destinations.

South Banks Townhome Features

South Banks is designed around contemporary architecture, functional layouts and outdoor-focused living. The project is expected to feature:

The combination of modern home designs and a waterfront-oriented setting makes South Banks a distinctive addition to the new townhome market in Mississauga.

South Banks Official Starting Prices

Here is the officially released breakdown of starting prices by layout:

Note: Pricing and layout availability are subject to change by the developers. Contact us directly at 416-821-5399 for floor plans, lot allocations, and developer deposit structures.

*Net rebate price reflects the first-time-home-buyer HST rebate. Occupancy 2029. Upgrades: bedroom upgrade $9,500 · locker $6,500 · private locker room $25,000 · additional parking $40,000 · additional parking + private locker room $50,000 · EV upgrade $10,600. Maintenance $199.99/mo — free for the first year.

South Banks – A New Waterfront Community in Mississauga

With its location within Lakeview Village, contemporary townhome designs and proximity to Lake Ontario, South Banks represents a new approach to waterfront-oriented living in Mississauga.

The project combines the benefits of a new-build home with access to an established urban area and the future amenities planned for Lakeview Village.

For buyers searching for new townhomes in Mississauga, South Banks Townhomes provides an opportunity to live in a growing waterfront community with convenient access to transportation, recreation, shopping and everyday amenities.