Property Description

Brand New PreConstruction Detached homes In Mississauga, ON
Coming soon to
320 Derry Road West
Starting prices from $1,829,990

Discover a rare opportunity to own new detached homes in Mississauga at The Ravine, an exclusive pre-construction community coming soon to 320 Derry Road West in the heart of Peel Region. This boutique development features just 37 luxury detached estate homes, offering privacy, elegance, and a premium ravine setting that is becoming increasingly rare in Mississauga.

These brand new detached homes range from approximately 1,900 to over 4,000 square feet, with thoughtfully designed 3-storey layouts that blend timeless architecture with modern interiors. Homebuyers can expect 4-bedroom layouts with 2.5 bathrooms, spacious open-concept living areas, and refined finishes throughout.

Starting prices begin at $1,829,990, with an attractive $150,000 deposit structure spread over 240 days. Occupancy is anticipated for Spring 2024, making this a last chance to secure a new detached home in Mississauga before prices climb further.

Nestled along the winding Fletcher’s Creek, The Ravine is designed as an intimate enclave that seamlessly connects nature, convenience, and luxury living—ideal for families seeking space, comfort, and long-term value.

Important Note: 

This preconstruction project at 320 Derry Road West, known as The Ravine Estates by Vandyk Properties, has faced delays, with reports in mid-2024 mentioning Vandyk’s receivership and potential impacts, We are trying to verify its current operational status and completion dates directly with developers given the developer’s past issues.

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AMENITIES

The Ravine Estates showcases some of the most desirable features buyers seek in new detached homes in Mississauga. Each home is situated on a premium ravine lot and designed with architectural character, including brick and stone exteriors, high-pitched and mansard rooflines, decorative gables, and dormers that create a classic estate-home presence.

Inside, these luxury detached homes offer flexibility for today’s lifestyles. Select layouts include separate entrances, two-car garages, private living spaces, and expansive open-concept areas ideal for entertaining. Interiors are highlighted by 10-foot ceilings, rich hardwood flooring, European-inspired modern kitchens with servery options, spacious bedrooms, and spa-like ensuite bathrooms finished with upscale materials.

Designed for growing families and multi-generational living, The Ravine blends functionality with refined aesthetics, delivering a level of craftsmanship rarely found in new pre-construction detached homes in Mississauga.

LOCATION

The Ravine is ideally located in the established Meadowvale Village neighbourhood, offering homeowners the perfect balance between urban convenience and natural surroundings. Backing directly onto a scenic ravine, residents enjoy tranquil views while remaining minutes from everyday essentials.

Highway access is a major advantage, with Highway 401 just a 5-minute drive (2.6 km) away and seamless connectivity to Highways 403, 407, and 410, making commuting across the GTA fast and efficient. Square One Shopping Centre is only a 14-minute drive, while nearby transit options include Züm Bus service just one minute away and Meadowvale GO Station within five minutes.

The community is surrounded by top amenities, including Heartland Town Centre, one of Canada’s largest shopping destinations, local dining options, reputable schools, and nearby parks such as Meadowvale Conservation Area and Neebin Park. Golf enthusiasts will appreciate close proximity to Derrydale and BraeBen Golf Courses, while students and professionals benefit from easy access to Sheridan College’s Davis Campus.

For buyers seeking new detached homes in Mississauga that offer luxury, location, and lasting value, The Ravine stands out as a truly exceptional opportunity.

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

Why You Should Always Visit a Builder’s Sales Centre with Your RE/MAX Team Paliwal REALTOR®

We strongly recommend that you, as a buyer, be accompanied by a RE/MAX Team Paliwal REALTOR® the first time you visit any new home or condo sales centre.

As builder-preferred agents, we are paid a small fee directly by the builder — meaning our professional services are completely free to you.

However, if you visit a sales centre on your own, the builder’s sales staff represents only the builder, not you. Their primary responsibility is to protect the builder’s interests — not to advise you on what’s best for you as a buyer. This can lead to several potential issues, such as:

• Loss of representation: Once you register yourself at the sales centre, the builder may not allow your REALTOR® to represent you later.
• Missed opportunities: Builders may not disclose certain promotions, incentives, or unit selections that an experienced agent can negotiate on your behalf.
• Unfavourable contract terms: Builder agreements are complex and often one-sided. Without a REALTOR®, you might miss important details related to fees, closing costs, assignment clauses, or hidden restrictions.
• Reduced negotiation power: Builders are more open to negotiating terms, upgrades, or closing flexibility when a qualified agent represents you.
• Limited professional support: You lose access to trusted professionals (lawyers, mortgage specialists, banks) that your agent can connect you with to ensure a smooth and safe purchase.

With RE/MAX Team Paliwal, you’ll have an experienced advocate by your side — ensuring your interests are fully protected at every stage. We’ll guide you through:

• Choosing the right project and unit
• Reviewing and explaining the builder’s agreement
• Negotiating terms, incentives, and upgrades
• Coordinating with your lawyer, mortgage professional, and lender
• Overseeing the entire process until your home is successfully closed

In short, our goal is to protect you, save you money, and simplify your buying journey — all at no additional cost to you.

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 agents and investors 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 month 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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