A 177-acre master-planned waterfront community transforming Mississauga's eastern lakefront into a vibrant, sustainable neighbourhood with 16,000 new homes.
Lakeview Village is one of the most ambitious waterfront redevelopment projects in Canadian history. Located on the site of the former Lakeview Power Generating Station on Mississauga's eastern waterfront along Lake Ontario, this 177-acre master-planned community will deliver approximately 16,000 residential units — including 1,200 affordable and attainable housing units. Developed by Lakeview Community Partners Limited (LCPL) in partnership with the City of Mississauga, the project represents a once-in-a-generation opportunity to live on the waterfront. With over 45 acres of parkland, an Innovation Corridor creating 9,000 jobs, and Ontario's first district energy system powered by treated wastewater, Lakeview Village is redefining what a master-planned community can be.
Direct access to Lake Ontario with an iconic pier — the longest on Canada's Great Lakes — and a year-round waterfront destination.
Ontario's first district energy system powered by treated wastewater from the nearby G.E. Booth facility, significantly reducing greenhouse gas emissions.
Six parks with natural heritage features, Trans Canada Trail extension, and over 45 acres of green space for residents to enjoy.
Over 1.5 million square feet of employment space creating 9,000 jobs in research, development, and innovation — all within walking distance.
1,200 affordable and attainable units including shared equity mortgage units and market rental units, ensuring diverse community access.
Close to Port Credit GO Station, Lakeshore Road transit, and major highways. The Waterfront Trail connects residents to the broader GTA.
Lakeview Community Partners Limited (LCPL) purchases the 177-acre former Lakeview Generating Station site from Ontario Power Generation.
City Council endorses the Lakeview Village Development Master Plan in November, establishing the framework for the entire development.
Planning and Development Committee approves the Lakeview Development Recommendation Report, clearing the way for construction.
Minister of Municipal Affairs and Housing issues an Enhanced Minister's Zoning Order (EMZO) increasing residential units to 16,000.
City Council approves subdivision agreement. Tridel and LCPL launch construction for Harbourwalk, the community's first residential building. Site services and infrastructure work begins across the entire site.
First residents expected to move into completed buildings. District energy system initially powered by natural gas, transitioning to wastewater by 2034.
Phased completion of all 16,000 residential units, full activation of the Innovation Corridor, and all six parks and the iconic pier fully operational.
The Lakeview Village master-planned community in Mississauga continues to accelerate, with multiple developers now active on site. As of May 2026, the vision for this 177-acre waterfront redevelopment is taking tangible shape, with the first residents expected to move in by early 2027.
TACC Construction has completed the foundation work for Phase 1, which includes two towers at the southeast corner of the site. Greenpark Group and CCI Development Group are nearing the top-off of their mid-rise buildings along the Innovation Corridor. Branthaven has begun site preparation for its block of townhomes near the future lakefront park. Tridel, the latest developer to join the partnership, has announced plans for a 45-storey condominium tower with ground-floor retail, targeting a launch later this summer.
Infrastructure work is progressing rapidly. The district energy system—Ontario's first to use treated wastewater for heating and cooling—is now operational for the first two buildings. The City of Mississauga has completed the realignment of Lakeshore Road East, improving access to the site. Over 20 acres of parkland have been graded, with tree planting underway for the central park.
In April 2026, Lakeview Community Partners (LCPL) released Phase 2 of the condo portfolio, with prices starting from the low $800,000s for a one-bedroom unit. The average price per square foot has risen to $1,250, reflecting the premium for waterfront living and the community's green credentials. Townhomes in the Branthaven block are priced from $1.4 million. The 1,200 affordable housing units are being integrated across all phases, with the first 200 units expected to be ready by Q3 2027.
The GTA pre-construction market has shown resilience in spring 2026. The Bank of Canada held its key interest rate at 4.25% in April, providing stability for buyers. According to TRREB, Mississauga condo sales in the first quarter of 2026 were up 12% year-over-year, with average prices rising 8% to $1,150 per square foot. Lakeview Village's pricing is above the city average, but buyers are drawn to the unique waterfront location and the comprehensive master plan.
Lakeview Village will feature over 45 acres of parkland, including a 10-acre lakefront park with a sandy beach and boardwalk. The Innovation Corridor is designed to create 9,000 jobs, with the first office building (by Argo Development) now under construction. Transit improvements include a new GO Transit station at Lakeview, scheduled to open in 2028, and an expanded MiWay bus route connecting to Port Credit GO. The community will also have a dedicated cycling network and electric vehicle charging stations throughout.
For those considering Lakeview Village, act early in new phase releases to secure the best pricing and unit selection. With multiple developers involved, compare floor plans and finishes across builders. The district energy system will result in lower utility costs—ask for projected savings. Given the long timeline (full build-out by 2035), ensure your financial plans accommodate potential interest rate changes. Register with PreconFactory to receive alerts on new launches and VIP pricing.
Lakeview Village is rapidly progressing, with Phase 1 foundations complete and Phase 2 condo releases starting from the low $800,000s. Tridel has announced a new 45-storey tower, and the district energy system is now operational. Market conditions remain favourable with stable interest rates and rising Mississauga prices. Buyers should register for upcoming VIP launches.
April 2026 brings significant progress to Mississauga's ambitious Lakeview Village waterfront redevelopment. Construction has reached the 10th floor on initial towers, with infrastructure work advancing on the community's innovative district energy system and road networks. Developers have launched "The Shores," a new phase of 450 mid-rise condominium units starting at $750,000. The GTA market context shows Mississauga condo prices averaging $850,000 with stable interest rates at 4.25%. Community amenities including waterfront trails and parks continue development, while transit improvements progress with the Lakeview GO Station construction scheduled to begin later this year. Buyers should consider timing, affordability programs, and long-term value when evaluating this transformative 177-acre community.
March 2026 brings significant progress to Lakeview Village, Mississauga's ambitious 177-acre waterfront community. Construction has reached new heights with multiple towers now visible, while the innovative district energy system becomes operational. Lakeview Community Partners announced pre-construction sales will begin in April for "The Shores," a new waterfront development by CCI Development Group and TACC Construction. With the Bank of Canada maintaining rates at 3.25% and TRREB reporting strong GTA pre-construction growth, Lakeview Village continues to attract buyer interest. The community's extensive amenities, including 45+ acres of parkland and waterfront access, are taking shape alongside infrastructure improvements connecting to Port Credit GO Station.
Lakeview Village is located in the Lakeview neighbourhood of southeast Mississauga, along the Lake Ontario waterfront. The area is bordered by the established communities of Port Credit to the west and Long Branch (Toronto) to the east.
The neighbourhood benefits from proximity to Port Credit's vibrant village core with its restaurants, boutiques, and marina. Lakeshore Road provides the main commercial corridor, while the Waterfront Trail offers cycling and walking connections along the entire Toronto waterfront.
Major retailers, shopping centres (including Sherway Gardens and Square One), and recreational facilities are all within a short drive. The nearby Marie Curtis Park and Lakefront Promenade Park offer additional green space and waterfront access.
Southeast Mississauga on Lake Ontario's waterfront, between Port Credit and Long Branch (Toronto). Close to the QEW, Lakeshore Road, and Port Credit GO Station.
Port Credit GO Station (Lakeshore West line) with direct service to Union Station. MiWay bus along Lakeshore Road. Future Waterfront Trail cycling connections. Easy access to QEW and Gardiner Expressway.
Close to multiple Peel District School Board and Dufferin-Peel Catholic District School Board schools. Post-secondary institutions including University of Toronto Mississauga (UTM) and Sheridan College within a short drive.
Lakeview Village represents the largest waterfront redevelopment project in Mississauga's history and one of the most significant in Canada. This master-planned community is transforming 177 acres of former industrial land into a thriving, sustainable waterfront neighbourhood that will be home to approximately 16,000 new residential units.
For buyers looking at pre-construction homes in Mississauga, Lakeview Village offers a unique opportunity to be part of a community from its earliest stages. With Tridel's Harbourwalk already under construction and multiple phases planned over the next decade, there will be numerous opportunities to purchase pre-construction condos and townhomes at various price points.
The GTA waterfront premium is well documented. According to TRREB data, waterfront properties consistently outperform inland properties in terms of price appreciation. Lakeview Village's combination of direct Lake Ontario access, proximity to Port Credit's established community, and the Innovation Corridor's job creation potential makes it one of the most compelling long-term investment opportunities in the Greater Toronto Area.
While Toronto's waterfront developments like East Harbour and Villiers Island continue to progress, Lakeview Village offers a distinct advantage: lower entry prices compared to downtown Toronto waterfront, combined with Mississauga's strong municipal services and lower property taxes. The district energy system also means lower utility costs for residents.
Use our mortgage calculator to estimate monthly payments for Lakeview Village projects, or explore our investment calculator to model potential returns on your pre-construction purchase. Browse all pre-construction homes in Mississauga on PreconFactory to compare Lakeview Village with other developments in the city.
Information on this page is sourced from official government and developer publications. We encourage you to verify details with these primary sources.
Last verified: May 1, 2026
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