South Banks Towns — Mississauga Pre-Construction

South Banks is a developer selling & platinum access pre-construction towns development by OPUS Homes in Mississauga's Lakeview starting from $549,990. Get…

South Banks — Mississauga

South Banks Quick Facts

Project NameSouth Banks
DeveloperOPUS Homes
Address1110 Lakeshore Road East
CityMississauga
NeighbourhoodLakeview
RegionRegional Municipality of Peel
Building TypeTownhouse
Sales StatusDeveloper Selling & Platinum Access
Suite Sizes931 – 1463 sq ft
Pricing$549,990 – $759,990
Deposit Structure$60,000 (over 330 days) + $10,000 on Occupancy
Occupancy2029-01-01
Walk Score49
Transit Score42

About South Banks in Mississauga

South Banks by OPUS Homes is a pre-construction home community at 1110 Lakeshore Road East in the Lakeview neighbourhood of Mississauga. Architecture is by Sasaki & Looney Ricks Kiss Inc & Q4 Architects, with interiors by II BY IV DESIGN. Occupancy is scheduled for 2029. The home collection includes townhomes. Ownership is listed as condominium. Recorded home designs include three-storey layouts. Homes range from 931 to 1,463 sq. ft. Current prices range from $549,990 to $759,990. The location has a Walk Score of 49 and a Transit Score of 42.

South Banks is also marketed as South Banks by OPUS Homes, and listed in the developer's material as South Banks by OPUS Homes.

Key Highlights of South Banks

First release sold out. Second release launches October 20, 2026.

South Banks is a joint DECO Homes and OPUS Homes townhome release at Lakeview Village. Nine 2- and 3-bedroom base models (some with optional additional bedroom) range from 931 to 1,463 interior sq ft. VIP advertised net rebate prices start at $549,990 and depend on first-time-home-buyer HST rebate eligibility; they are base model prices, not unit-level availability. Occupancy is indicated for 2029. One underground parking spot and one year of maintenance fees are included; $0 levy cap, $5,000 closing cost cap, appliance package and free assignment (legal fees apply) are advertised incentives.

South Banks Floor Plans & Pricing

Floor PlanBedsBathsSize (sq ft)PriceAvailability
Azure End22931$559,990Available
Azure22931$549,990Available
Breeze End32997$609,990Available
Coast221179$669,990Available
Coast End221179$689,990Available
Drift End321252$699,990Available
Coast with Rooftop Terrace End221385$759,990Available
Coast with Rooftop Terrace221385$739,990Available
Drift with Rooftop Terrace End321463$754,990Available

Full South Banks floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the South Banks price list and floor plans.

South Banks Deposit Structure

$60,000 (over 330 days) + $10,000 on Occupancy

Deposit structures at South Banks can change between releases and may differ for international buyers. Confirm the current South Banks deposit structure before submitting a worksheet.

Finishes

Above-grade townhomes with outdoor living spaces, quartz kitchen countertops, oak stairs, smooth ceilings, laminate in living areas, upgraded exteriors and oversized windows. Rooftop terrace on select plans.

Current Incentives

Location: 1110 Lakeshore Road East

South Banks is located at 1110 Lakeshore Road East, Mississauga in the Lakeview neighbourhood, Regional Municipality of Peel.

Explore more pre-construction projects in Mississauga or browse the Regional Municipality of Peel region.

About the Developer: OPUS Homes

South Banks is being developed by OPUS Homes, with architecture by Q4 Architects, Looney Ricks Kiss Inc, Sasaki and interior design by II BY IV DESIGN.

See all OPUS Homes pre-construction projects.

How to Buy at South Banks

  1. Register early. Allocation at South Banks in Mississauga is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
  2. Review the price list and deposit structure. The current published deposit structure is $60,000 (over 330 days) + $10,000 on Occupancy.
  3. Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
  4. Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.

Closing Costs & Investor Notes for South Banks

Budget beyond the purchase price at South Banks: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.

Assignment rights, rental-during-occupancy rights and capped levies vary release to release at South Banks. Confirm each in the current agreement of purchase and sale before you sign.

South Banks — Frequently Asked Questions

Where is South Banks located?

South Banks is located at 1110 Lakeshore Road East, Mississauga in the Lakeview neighbourhood.

Who is the developer of South Banks?

South Banks is being developed by OPUS Homes.

How much do units at South Banks cost?

Pricing at South Banks starts from $549,990 and ranges to $759,990. Prices and incentives change with each release — request the current price list for live pricing.

When is occupancy at South Banks?

Estimated occupancy for South Banks is 2029-01-01.

How do I get platinum or VIP access to South Banks?

Circle Real Estate provides platinum access to South Banks, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.

Register for South Banks pricing, floor plans and VIP access on Circle Real Estate.

Last verified: 2026-10-18. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.