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.
As spring arrives in the Greater Toronto Area, Lakeview Village continues its remarkable transformation from industrial brownfield to Canada's most ambitious waterfront community. March 2026 brings significant construction milestones, new project launches, and important market context for buyers considering this once-in-a-generation development on Mississauga's eastern waterfront.
Construction activity at Lakeview Village has reached new heights this month, with multiple towers now visible from the QEW and Lakeshore Road. The first residential buildings in the community's initial phase, developed by Tridel and Greenpark Group, have reached their 15th and 18th floors respectively, putting them on track for occupancy in late 2027. Site preparation for Phase 2 is now complete, with excavation beginning for three additional towers from Argo Development and Branthaven.
The district energy system, Ontario's first powered by treated wastewater, has completed its initial testing phase and is now operational for the community's first completed amenities building. This innovative system will eventually serve all 16,000 residential units while reducing carbon emissions by an estimated 70% compared to conventional systems.
Lakeview Community Partners Limited (LCPL) announced this month that pre-construction sales will begin in April 2026 for "The Shores," a collection of three mid-rise buildings along the waterfront promenade. Developed by CCI Development Group in partnership with TACC Construction, these buildings will offer 450 units ranging from studios to three-bedroom suites, with prices expected to start in the low $700,000s for one-bedroom units.
Current pricing trends at Lakeview Village reflect the broader GTA pre-construction market, with average prices per square foot now ranging from $1,100 to $1,400 depending on unit type and location within the community. This represents a 4-6% increase from March 2025 levels, slightly outpacing the overall GTA pre-construction market growth of 3.5% over the same period.
The GTA pre-construction market continues to show resilience in March 2026, with the Toronto Regional Real Estate Board (TRREB) reporting a 12% year-over-year increase in new project registrations. The Bank of Canada's decision to maintain its overnight rate at 3.25% for the third consecutive month has provided stability for both developers and buyers, though economists continue to monitor inflation data closely.
Mississauga's eastern waterfront corridor has emerged as one of the GTA's hottest development zones, with Lakeview Village serving as the anchor project. The City of Mississauga's recent approval of additional transit improvements along Lakeshore Road will further enhance connectivity to the Port Credit GO Station and future Hazel McCallion Line LRT stations.
Significant progress continues on Lakeview Village's extensive amenity package:
For buyers considering Lakeview Village, March 2026 presents both opportunities and considerations:
As Lakeview Village continues to redefine waterfront living in the GTA, its combination of innovative sustainability features, extensive amenities, and strategic Mississauga location make it a compelling option for buyers seeking both lifestyle and investment potential. The community's progress this month demonstrates that this ambitious vision is becoming reality, one tower at a time.
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: March 1, 2026
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