Property Description

Derry Lane – Townhomes for sale in Mississauga, ON
Coming soon to
Derry Rd & Hurontario, Mississauga, ON
From The Upper $700’s

Easy access to Highways 401 and 410, Minutes to Credit Valley Hospital, Erin Mills Town Centre, and major highways
ADDRESS	Derry Rd & Hurontario, Mississauga, ON
AREA	Peel Region, Ontario
ROOMS	3 – 4 Bedrooms
TYPE HOMES	Contemporary Townhomes
OCCUPANCY	To be available by October end
DEPOSIT	To be available by October end
HOMES SIZE RANGE	To be available by October end
PRICE START	The Upper $700’s

Derry Lane is an exciting new pre-construction townhome community in Mississauga, ideally located at Derry Road and Hurontario Street in one of the city’s most established and well-connected neighbourhoods. Offering a collection of beautifully designed contemporary townhomes, this new community combines modern architecture, convenient urban living, and exceptional long-term investment potential in the heart of Peel Region.

With 3 and 4-bedroom townhomes anticipated to start from the upper $700’s, Derry Lane presents an outstanding opportunity for first-time buyers, growing families, professionals, and investors looking to own in one of the GTA’s most desirable real estate markets. Although final floor plans and occupancy details are still to be released, the community is expected to feature approximately 120 thoughtfully designed townhomes, including traditional, dual-frontage, and back-to-back designs, creating a diverse and vibrant neighbourhood.

Located near one of Mississauga’s most important transportation corridors, Derry Lane places homeowners within minutes of major highways, transit, shopping, schools, employment centres, and recreational amenities, making everyday life both convenient and connected.

Why Buyers Are Choosing Derry Lane

Mississauga continues to rank among the most sought-after places to live in the Greater Toronto Area thanks to its thriving economy, excellent schools, diverse communities, and exceptional transportation infrastructure. Derry Lane provides buyers with an opportunity to purchase a brand-new home in an established neighbourhood where land for new low-rise developments has become increasingly limited.

Whether you are searching for your first home, upgrading to accommodate a growing family, or investing in one of Ontario’s strongest housing markets, Derry Lane offers an ideal combination of location, convenience, and future appreciation potential.

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Contemporary Homes Designed for Modern Living

Functional Townhomes for Today’s Lifestyle

Derry Lane has been thoughtfully planned to deliver stylish townhomes that meet the needs of modern homeowners. Contemporary architecture, efficient layouts, and spacious living areas create homes that are equally suited for families, professionals, and those working remotely.

Open-concept floorplans are expected to maximize natural light while creating flexible spaces for entertaining, everyday living, and home offices. Modern kitchens, comfortable bedrooms, and thoughtfully designed interiors will provide homeowners with practical living spaces that remain functional for years to come.

The community has been carefully designed to encourage walkability while incorporating landscaped streetscapes, visitor parking, pedestrian pathways, and attractive outdoor gathering spaces that contribute to a welcoming residential environment.

Built for Families and Long-Term Value

As one of the few new low-rise communities coming to central Mississauga, Derry Lane offers buyers the opportunity to own a modern townhome within an established urban setting. The combination of quality design, family-friendly layouts, and an exceptional location creates long-term value for both homeowners and investors.

With increasing demand for freehold and contemporary townhome living throughout Mississauga, communities like Derry Lane are expected to remain highly desirable well into the future.

Prime Mississauga Location and Neighbourhood Advantages

Live in One of Mississauga’s Most Connected Communities

Located near Derry Road and Hurontario Street, Derry Lane places residents in the centre of one of Mississauga’s most convenient neighbourhoods. Everyday necessities are all within easy reach, including grocery stores, restaurants, cafés, shopping centres, parks, schools, fitness facilities, healthcare services, and entertainment destinations.

Residents are only minutes from Heartland Town Centre, one of Canada’s largest open-air shopping centres, offering hundreds of retail stores, restaurants, supermarkets, and essential services. Square One Shopping Centre, downtown Mississauga, and numerous community facilities are also just a short drive away, providing endless options for shopping, dining, and recreation.

Families will appreciate the abundance of nearby schools, playgrounds, sports facilities, community parks, and recreational programming that make this area one of Mississauga’s most desirable places to raise children.

Close to Parks and Everyday Amenities

In addition to its urban conveniences, Derry Lane offers access to beautiful green spaces and outdoor recreation throughout the surrounding neighbourhood. Local parks, walking trails, sports fields, golf courses, and community recreation centres provide opportunities for active living throughout every season.

Its location offers the perfect balance between city convenience and suburban comfort, allowing residents to enjoy both peaceful neighbourhood living and immediate access to major urban amenities.

Exceptional Connectivity Throughout the GTA

Convenient Access to Highways, GO Transit, and Future LRT

One of Derry Lane’s greatest advantages is its outstanding transportation connectivity. Residents enjoy immediate access to Highway 401, Highway 410, Highway 403, and Highway 407, making commuting across Mississauga, Brampton, Toronto, Milton, and the rest of the Greater Toronto Area simple and efficient.

Both Meadowvale GO Station and Mount Pleasant GO Station are easily accessible, providing reliable commuter rail service into downtown Toronto and surrounding municipalities. In addition, the nearby Hurontario Light Rail Transit (LRT) will further strengthen regional transit connectivity while supporting continued residential and commercial growth along one of Mississauga’s most important transportation corridors.

Toronto Pearson International Airport is also located just a short drive away, making travel convenient for both business professionals and frequent travellers.

Connected to Employment and Education

Derry Lane’s strategic location provides excellent access to major employment hubs throughout Mississauga, Brampton, and Toronto. The community is also conveniently located near Sheridan College, numerous business parks, corporate offices, and healthcare facilities, making it an attractive choice for professionals, students, and investors alike.

Its exceptional transportation infrastructure supports a convenient lifestyle while enhancing long-term property value as the surrounding area continues to evolve.

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Lifestyle, Family Living, and Everyday Convenience

Everything You Need Just Minutes Away

Living at Derry Lane means enjoying one of Mississauga’s most convenient locations, where shopping, dining, healthcare, recreation, and entertainment are always close to home. Residents can easily access Credit Valley Hospital, Erin Mills Town Centre, community centres, grocery stores, restaurants, cafés, and countless everyday services within minutes.

The neighbourhood offers an exceptional blend of established residential character and modern conveniences, creating an environment that appeals equally to young professionals, growing families, and downsizers seeking a connected urban lifestyle.

Whether enjoying nearby parks, shopping at Heartland Town Centre, commuting into Toronto, or spending weekends exploring Mississauga’s many recreational amenities, residents will benefit from a lifestyle centred around convenience and accessibility.

A Community Designed for Long-Term Living

Derry Lane is positioned within one of Mississauga’s most mature neighbourhoods, allowing homeowners to enjoy the benefits of an established community while living in a brand-new residence. This unique combination is becoming increasingly rare as opportunities for new low-rise developments within Mississauga continue to diminish.

Why Invest in Derry Lane Mississauga

Strong Long-Term Growth in One of Ontario’s Most Desirable Cities

Mississauga remains one of Canada’s strongest real estate markets, supported by a diversified economy, exceptional transportation infrastructure, major employment centres, internationally recognized educational institutions, and continued population growth. Limited land availability for new low-rise housing has made new townhome communities increasingly valuable, particularly within established neighbourhoods such as Derry Road and Hurontario.

Derry Lane benefits from its proximity to major highways, GO Transit, the future Hurontario LRT, Pearson Airport, shopping centres, healthcare facilities, and employment hubs, creating excellent long-term appreciation potential for homeowners and investors alike. Continued investment in transit and infrastructure is expected to further strengthen property values throughout this highly connected corridor.

A Smart Opportunity for Homebuyers and Investors

For buyers searching for new townhomes in Mississauga, pre-construction homes in Peel Region, townhomes near Highway 401, homes near the Hurontario LRT, or investment properties in Mississauga, Derry Lane offers an exceptional combination of location, connectivity, modern design, and future growth potential.

With contemporary homes, convenient commuter access, nearby shopping and schools, strong economic fundamentals, and a location within one of the GTA’s most established communities, Derry Lane stands out as one of Mississauga’s most promising new townhome developments.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low priced townhomes in Mississauga, ON. Please click here and fill out the form and we will send you more info as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out the “My Dream Home search in Oakville” form and we will get back to you with relevant information.

We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® for the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of the builder – NOT you and they do not disclose many points that may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agent and investor since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Freehold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

 If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 months to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

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