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 Mississauga, Lakeview Village continues to make significant progress on its ambitious 177-acre waterfront redevelopment. This month, developers Lakeview Community Partners Limited (LCPL) and their partners including TACC Construction, Greenpark Group, CCI Development Group, Branthaven, Argo Development, and Tridel have announced several key milestones that bring this master-planned community closer to reality.
The most visible progress this April has been in the site's infrastructure development. Crews have completed the foundational work for Ontario's first district energy system powered by treated wastewater, a groundbreaking sustainability feature that will serve all 16,000 planned residential units. Additionally, road networks connecting the community to Lakeshore Road and the future Lakeview GO Station have advanced substantially, with paving expected to begin in May 2026.
On the residential front, construction has reached the 10th floor on the first two towers in the community's initial phase, with occupancy projected for late 2027. These buildings, developed by Tridel and Greenpark Group, represent the first of approximately 8,000 units currently in various stages of planning and construction.
This month, Lakeview Community Partners announced the launch of "The Shores," a new phase comprising three mid-rise condominium buildings with 450 units total. Developed by Branthaven and CCI Development Group, this phase features:
Pre-construction sales for The Shores began on April 15, 2026, with strong initial interest reported by developers.
The Lakeview Village development arrives at a complex time for the Greater Toronto Area real estate market. According to April 2026 data from the Toronto Regional Real Estate Board (TRREB), the average price for a condominium in Mississauga has reached $850,000, representing a 4% year-over-year increase. This growth comes despite the Bank of Canada maintaining its benchmark interest rate at 4.25% since January 2026, following a period of stability after the rate hikes of 2023-2025.
Lakeview Village pricing reflects this market reality while offering relative value for waterfront living. Current phase pricing at the community ranges from:
These prices position Lakeview Village competitively against other waterfront developments in the GTA, particularly considering the community's extensive amenities and sustainability features.
Beyond residential construction, April has seen progress on several community amenities. The first section of the waterfront trail has opened to the public, offering stunning views of Lake Ontario and connecting to Mississauga's existing trail network. Construction has also begun on the first of several community parks within the development's 45 acres of green space.
Transit improvements remain a critical component of Lakeview Village's appeal. Metrolinx has confirmed that construction on the Lakeview GO Station will begin in Q3 2026, with service expected to commence by 2030. This station will provide direct access to Toronto's Union Station in approximately 30 minutes, significantly enhancing the community's connectivity.
The Innovation Corridor, which promises to create 9,000 jobs within the community, has seen its first commercial tenants sign leases this month, with technology and clean energy companies leading the way.
For buyers considering Lakeview Village, several factors warrant careful consideration:
Lakeview Village represents a unique opportunity in the GTA market—a chance to participate in a transformative waterfront community from its earliest stages. As construction progresses through 2026, prospective buyers should monitor new phase launches and market conditions while considering their long-term housing needs in this evolving Mississauga neighbourhood.
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: April 1, 2026
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