Selling
South Banks – Coastal Townhomes in Mississauga, ON
Property Description
South Banks – Coastal Townhomes in Mississauga, ON
Coming soon to
1110 Lakeshore Road East, Mississauga, ON
Towns Starting from $549,990
| South Banks sits at the centre of Lakeview Village, the future schools, Waterway Common Park, the marina and the Great Lake Waterfront Trail all within the neighbourhood, with Long Branch GO one km away | |
|---|---|
| ADDRESS | 1110 Lakeshore Road East, Mississauga, ON |
| AREA | Peel Region, Ontario |
| ROOMS | 2 – 3 Bedrooms |
| TYPES OF HOMES | Coastal Townhomes / 1 – 2 Storey available with terrace option |
| CLOSING | 2029 |
| DEPOSIT | Total Deposit: $70,000 Payment Schedule: $10,000 on signing $7,500 at 30, 60, 90, 150, 210, and 270 days $5,000 at 330 days $10,000 on occupancy (estimated 2029) |
| HOMES SIZE RANGE | 931 – 1463 SQFT |
| STARTING PRICES | $549,990 to $754,990 |
Unit Maintenance Fee – $199.99 per month (free for 1 year)
1 (One) Underground Parking Spot is included in the prices.
South Banks is an upcoming collection of coastal townhomes at 1110 Lakeshore Road East in Mississauga, Ontario, located within the emerging Lakeview Village waterfront community.
Offering modern townhomes from $549,990, South Banks introduces a selection of 2- and 3-bedroom coastal homes ranging from approximately 931 to 1,463 square feet. The collection includes one-storey layouts, two-storey designs and select homes with rooftop terraces, providing buyers with different ways to experience waterfront-oriented living in Mississauga.
South Banks is positioned within one of Mississauga’s most significant areas of ongoing transformation. Lakeview Village is planned as a large waterfront community with parks, public spaces, trails, retail, dining, a marina and future community facilities, creating a new neighbourhood along the Lake Ontario shoreline.
With Long Branch GO Station approximately 1 kilometre away, convenient access to the QEW and Highway 427, and established communities such as Port Credit nearby, South Banks combines a natural waterfront setting with strong regional connectivity.
Coastal Townhomes at South Banks
South Banks offers several townhome designs intended to provide modern living in a low-rise, waterfront-oriented setting.
Azure – One-Storey Coastal Townhome
The Azure is a one-storey above-grade townhome offering approximately 931 square feet, with 2 bedrooms and 1 parking space.
Starting from $549,990, Azure provides an accessible entry point into the South Banks collection and is suited to buyers looking for a more compact layout without giving up freehold-style ground-related living.
Breeze End – One-Storey End Townhome
The Breeze End offers approximately 997 square feet, with 3 bedrooms and 1 parking space.
Starting from $609,990, this end-unit design provides additional natural light and three-bedroom functionality within a one-storey configuration, making it an option for buyers who want efficient living space and an additional bedroom.
Coast – Two-Storey Townhome
The Coast offers approximately 1,179 square feet across a two-plus-storey layout, with 2 to 3 bedrooms and 1 parking space.
Starting from $669,990, the Coast provides additional vertical separation between living and sleeping areas and offers more space for households looking for a traditional multi-level townhome layout.
Coast with Rooftop Terrace
For buyers who want additional outdoor living space, the Coast Rooftop offers approximately 1,385 square feet, with 2 to 3 bedrooms and 1 parking space.
Starting from $739,990, the rooftop terrace design creates an opportunity to enjoy private outdoor space while remaining close to the waterfront parks, trails and public spaces planned throughout Lakeview Village.
The broader South Banks collection includes nine floorplans, with layouts extending to approximately 1,463 square feet.
A New Waterfront Community at Lakeview Village
South Banks is located within Lakeview Village, a major waterfront redevelopment in Mississauga that is transforming a former industrial area into a new mixed-use neighbourhood.
The broader Lakeview Village plan includes approximately 177 acres of waterfront land, with a significant emphasis on public parks, green space, promenades, trails, retail, community facilities and access to Lake Ontario.
For South Banks residents, this means the neighbourhood is being designed around more than simply residential streets. Parks, public spaces and waterfront-oriented amenities are intended to become an integral part of everyday life.
Lake Ontario Waterfront Living
Living at South Banks places residents close to the Lake Ontario shoreline, providing opportunities to enjoy waterfront walks, cycling and outdoor recreation.
The planned waterfront environment includes promenades, plazas, parks and connections to the broader trail network. The proximity to the lake also provides a distinctive setting compared with many conventional suburban developments in the GTA.
For buyers looking for Mississauga townhomes near the waterfront, South Banks offers the opportunity to live within a major new waterfront neighbourhood while remaining close to established parts of the city.
Parks, Trails and Green Space
Lakeview Village is planned with a substantial amount of parks and green space, creating opportunities for residents to spend time outdoors without travelling far from home.
The Great Lakes Waterfront Trail provides a regional recreational connection for walking and cycling, while nearby parks and natural areas add further opportunities for outdoor activities.
Marie Curtis Park is also within the broader area, providing access to waterfront green space and recreational opportunities near the Mississauga-Toronto boundary.
The Future Marina and Waterfront Promenade
One of the planned features of Lakeview Village is a future marina, complemented by waterfront public spaces and a promenade.
These elements are intended to create a more active connection between the new neighbourhood and Lake Ontario, with opportunities for walking, cycling, dining and enjoying the waterfront.
The combination of residential, recreational and public spaces is an important part of the long-term vision for Lakeview Village and adds to the appeal of South Banks as a waterfront-oriented community.
Port Credit and Mississauga’s Lakeshore
South Banks is located close to Port Credit, one of Mississauga’s best-known waterfront communities.
Port Credit provides residents with access to restaurants, cafés, shops, patios, parks, the Credit River and additional waterfront amenities. The area offers a more established lakeside environment while Lakeview Village is developing into a new waterfront destination of its own.
This creates an interesting combination for South Banks residents: the established amenities and character of Port Credit alongside the new parks, retail and public spaces planned within Lakeview Village.
Convenient Access to Long Branch GO
One of the most significant transportation advantages of South Banks is its proximity to Long Branch GO Station, approximately 1 kilometre away.
GO Transit provides regional rail and bus connections, making it possible for residents to access employment and destinations throughout Toronto and the western GTA without relying entirely on a private vehicle.
The area is also served by MiWay and TTC connections, providing additional transportation options along the Lakeshore corridor.
Highway Access and GTA Connectivity
South Banks is conveniently positioned near major transportation routes, including the QEW and Highway 427.
The QEW provides access toward Toronto, Oakville, Burlington and Hamilton, while Highway 427 connects the Lakeshore area with Etobicoke, Pearson International Airport and other major GTA destinations.
For commuters, the combination of GO Transit, major highways and local transit makes South Banks a well-connected option for buyers who want waterfront living without sacrificing access to employment centres.
Shopping, Dining and Everyday Amenities
South Banks will benefit from both the planned amenities within Lakeview Village and the established shopping and services available throughout Mississauga’s Lakeshore area.
The future Lakeview Village neighbourhood is planned to include retail, cafés, restaurants and neighbourhood services, while nearby Port Credit provides an established selection of independent restaurants, shops and waterfront patios.
Additional shopping destinations such as Sherway Gardens are also accessible from the area, providing residents with a wider selection of retail, dining and entertainment options.
Schools and Recreation Near South Banks
Families considering South Banks will find access to schools and recreational facilities throughout the surrounding Mississauga community.
Nearby educational options include Allan A. Martin Senior Public School and Cawthra Park Secondary School, while recreational facilities such as Carmen Corbasson Community Centre provide opportunities for fitness, sports and community activities.
The area also provides access to Lakeview Golf Course, parks, trails and the broader waterfront recreational network.
Future community facilities within Lakeview Village are expected to further expand the range of services available to residents as the master-planned neighbourhood develops.
South Banks Townhome Prices
South Banks currently offers coastal townhomes starting from $549,990, with the collection providing several layouts for different household needs.
Current examples include the 931-square-foot Azure from $549,990, the 997-square-foot Breeze End from $609,990, the 1,179-square-foot Coast from $669,990, and the 1,385-square-foot Coast with Rooftop Terrace from $739,990.
The overall collection includes nine floorplans, with homes ranging up to approximately 1,463 square feet.
Pricing and availability can change as new releases are introduced, so buyers should confirm the latest price list and available floorplans before purchasing.
South Banks Deposit Structure
The current deposit structure totals $70,000, with payments scheduled throughout the pre-construction period.
The current schedule includes $10,000 on signing, followed by $7,500 at 30, 60, 90, 150, 210 and 270 days, followed by $5,000 at 330 days and $10,000 on occupancy, currently estimated for 2029.
Buyers should confirm the final deposit schedule, closing dates and applicable purchase terms for their selected home.
South Banks Incentives and Included Features
The current launch offering includes several incentives and features intended to provide additional value to purchasers.
Available incentives include one year of free maintenance fees, one underground parking space, capped development levies, a $5,000 closing-cost cap, an extended deposit structure and a six-piece appliance package.
The current offering also includes a ceramic kitchen backsplash, while assignments may be available subject to applicable legal fees and purchase conditions.
Incentives and inclusions can change between releases, so buyers should verify the current package at the time of purchase.
Why Consider South Banks Townhomes?
South Banks brings together several characteristics that are difficult to replicate elsewhere in Mississauga: a waterfront-oriented location, new low-rise housing, access to Lakeview Village’s expanding amenities and convenient transportation connections.
The community provides a choice of 2- and 3-bedroom townhomes, including one-storey layouts and homes with rooftop terraces. Starting prices from $549,990 also provide an entry point below many other new waterfront-oriented housing options in the GTA.
The location provides access to Lake Ontario, Port Credit, Long Branch GO, the QEW, Highway 427, parks, trails, schools, shopping and future Lakeview Village amenities, creating a combination of lifestyle and connectivity for homeowners.
South Banks – New Waterfront Townhomes in Mississauga
South Banks offers a collection of coastal townhomes at 1110 Lakeshore Road East in Mississauga, within the evolving Lakeview Village waterfront community.
With townhomes starting from $549,990, layouts ranging from approximately 931 to 1,463 square feet, and 2- to 3-bedroom options, South Banks provides a range of opportunities for buyers looking for a new home near Lake Ontario.
The combination of waterfront parks, the future marina, Great Lakes Waterfront Trail, Port Credit, Long Branch GO and major highways gives South Banks a distinctive position within Mississauga’s lakeshore communities.
With estimated 2029 occupancy, buyers can explore the available floorplans, current incentives and deposit structure while planning ahead for ownership in one of Mississauga’s emerging waterfront neighbourhoods.
If you are considering South Banks townhomes in Mississauga, contact us for the latest pricing, floorplans, incentives, deposit information and available opportunities.
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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
- You get the highest level of access in the building or in the new home project.
- You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives and terms.
- 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.
- Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- 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.
Property Information
- SellingProperty Status:
- TownhomesProperty Type:
- MississaugaNeighborhood:
- $549,990. And Up.Price:
- MississaugaCity:
- ONState:
- 931 - 1463 SQFTLot Size:
- 2029Year Built:
