Property Description

Riverbank Place – Townhomes at Mississauga, ON
Coming soon to
Mississauga Road, south of Eglinton, Mississauga, ON
Prices From $1.0 Mil

Minutes to Credit Valley Hospital, Erin Mills Town Centre, and major highways.
ADDRESS	Mississauga Road, near Eglinton, ON
AREA	Peel Region, Onatrio
ROOMS	3 to 4 Bed | 2 – 3 Bath
TYPE HOMES	Freehold towns on Potl
OCCUPANCY	June 2027
DEPOSIT	TBA
SUITE SIZE RANGE	1800-2350sqft
PRICE START	$1.0 Mil

Riverbank Place is an exclusive new preconstruction townhome community coming soon to Mississauga Road, just south of Eglinton Avenue in Mississauga, Ontario. Developed by the highly respected Kingridge Developments, this boutique project offers a rare opportunity to own a luxury freehold townhome in one of Mississauga’s most prestigious and established neighbourhoods.

This intimate community will feature only 32 freehold townhomes along with 4 semi-detached homes, creating a quiet and refined residential setting surrounded by mature trees and stately homes. Designed with timeless architecture and modern functionality, Riverbank Place seamlessly blends classic elegance with contemporary living. Homes will offer spacious layouts ranging from approximately 1,800 to 2,350 square feet, with thoughtfully designed 3 to 4 bedroom floor plans and 2 to 3 bathrooms, ideal for growing families, professionals, and downsizers alike.

Prices are expected to start from $1 million, making Riverbank Place a premium yet compelling investment in Mississauga real estate. These freehold townhomes are situated on a Plan of Subdivision (POTL), providing the benefits of ownership with a low-maintenance lifestyle. Occupancy is anticipated for June 2027, allowing buyers ample time to plan while securing a property in a high-demand area of the Peel Region.

Built by Kingridge Developments, a trusted GTA builder known for quality craftsmanship and integrity, Riverbank Place continues a legacy of delivering homes that stand the test of time, both in design and value.

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AMENITIES

Riverbank Place offers residents a lifestyle defined by comfort, convenience, and access to everyday essentials. Each home is designed with modern living in mind, featuring open-concept interiors, generous living spaces, and private outdoor areas that create a seamless balance between indoor and outdoor living. Select homes will enjoy lush backyard settings, ravine-adjacent lots, and scenic views that enhance the sense of privacy and tranquility rarely found in new developments.

Beyond the homes themselves, residents will benefit from close proximity to world-class healthcare facilities, including Credit Valley Hospital, ensuring peace of mind for families and professionals. Top-rated public and Catholic schools are located just minutes away, making this community especially appealing for those with children. Shopping, dining, and everyday conveniences are easily accessible, with Erin Mills Town Centre offering a wide selection of retail stores, restaurants, and services nearby.

Outdoor enthusiasts will appreciate the abundance of parks, trails, and green spaces surrounding Riverbank Place. Whether it’s a morning walk, a family outing, or an active lifestyle, nature is always within reach. With efficient access to major highways and transit routes, commuting throughout Mississauga and the Greater Toronto Area is effortless.

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LOCATION

Riverbank Place is ideally located on Mississauga Road near Eglinton Avenue, one of the city’s most desirable and prestigious residential corridors. Known for its mature trees, elegant homes, and long-term property value, this area offers a unique combination of natural beauty and urban convenience.

Residents will enjoy a quiet, established neighbourhood atmosphere while remaining just minutes from downtown Mississauga, major employment hubs, and essential amenities. Quick access to Highways 403, 401, and the QEW makes commuting to Toronto, Pearson International Airport, and surrounding cities both fast and convenient.

The surrounding community is rich in character, offering a sense of belonging that newer areas often lack. With nearby schools, hospitals, shopping centres, and recreational spaces, Riverbank Place delivers a location that supports both everyday living and long-term investment potential.

Riverbank Place at Mississauga Road is truly a rare opportunity to own a luxury freehold townhome in one of Mississauga’s most sought-after locations, where timeless design, modern comfort, and exceptional location come together seamlessly.

Register Now to get access to the VIP Prices and Floor Plans of Exclusive Low maintenance Fee for these 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 GTA” form and we will get back to you with relevant information.

In Your Best Interest – Start Smart with RE/MAX Team Paliwal

Before you step into any new home or condo sales centre, make sure you’re accompanied by a REALTOR® from RE/MAX Team Paliwal—especially on your first visit.

As builder-preferred agents, we’re paid directly by the builder, but we work exclusively for you—at absolutely no cost to you.

Why is this important?

Builder sales staff represent the builder, not you. That means important terms, hidden conditions, or missed incentives could slip through—costing you time and money.

With us by your side, you gain:

• Expert guidance throughout the selection and purchase process
• Negotiation power to secure the best price and terms
• Early VIP access to pricing, floor plans, and builder incentives
• Referrals to trusted professionals—top lawyers, lenders & banks

We’re independent REALTORS® with RE/MAX Realty Specialists Inc., Brokerage—your advisors, advocates, and partners in the journey.

Note: This service is offered to buyers not currently under contract with another REALTOR®.

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 Free Hold 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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