Lakeview Village
Verified CommunityMississauga

Lakeview Village

A 177-acre master-planned waterfront community transforming Mississauga's eastern lakefront into a vibrant, sustainable neighbourhood with 16,000 new homes.

16,000
Total Units
177
Acres
45+
Parks & Green
1.5M sq ft
Employment
2035+
Est. Completion

Overview

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.

Key Features

Waterfront Living

Direct access to Lake Ontario with an iconic pier — the longest on Canada's Great Lakes — and a year-round waterfront destination.

District Energy System

Ontario's first district energy system powered by treated wastewater from the nearby G.E. Booth facility, significantly reducing greenhouse gas emissions.

45+ Acres of Parkland

Six parks with natural heritage features, Trans Canada Trail extension, and over 45 acres of green space for residents to enjoy.

Innovation Corridor

Over 1.5 million square feet of employment space creating 9,000 jobs in research, development, and innovation — all within walking distance.

Affordable Housing

1,200 affordable and attainable units including shared equity mortgage units and market rental units, ensuring diverse community access.

Connected Community

Close to Port Credit GO Station, Lakeshore Road transit, and major highways. The Waterfront Trail connects residents to the broader GTA.

Development Timeline

2017

Land Acquisition

Lakeview Community Partners Limited (LCPL) purchases the 177-acre former Lakeview Generating Station site from Ontario Power Generation.

2019

Master Plan Endorsed

City Council endorses the Lakeview Village Development Master Plan in November, establishing the framework for the entire development.

2021

Development Approved

Planning and Development Committee approves the Lakeview Development Recommendation Report, clearing the way for construction.

2023

Zoning Order Issued

Minister of Municipal Affairs and Housing issues an Enhanced Minister's Zoning Order (EMZO) increasing residential units to 16,000.

2024

Construction Begins

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.

2029

First Occupancy (Projected)

First residents expected to move into completed buildings. District energy system initially powered by natural gas, transitioning to wastewater by 2034.

2034–2035+

Full Build-Out

Phased completion of all 16,000 residential units, full activation of the Innovation Corridor, and all six parks and the iconic pier fully operational.

Developers

Lakeview Community Partners (LCPL)TACC ConstructionGreenpark GroupCCI Development GroupBranthavenArgo DevelopmentTridel

Latest News & Updates

November 2026: Lakeview Village Hits Major Milestones as Waterfront Community Takes Shape

As we close out 2026, Lakeview Village in Mississauga is rapidly transforming from vision to reality. The 177-acre waterfront community, developed by Lakeview Community Partners Limited (LCPL) in partnership with the City of Mississauga, is celebrating several key milestones this month. With over 16,000 residential units planned—including 1,200 affordable and attainable homes—Lakeview Village is set to redefine waterfront living in the GTA.

Construction Progress and New Phase Launches

Construction is well underway across multiple parcels. This month, TACC Construction topped off their first residential tower, The Waterfront Residences, marking a significant achievement. The 35-storey building will welcome its first residents in early 2027. Meanwhile, Greenpark Group has launched sales for Lakeview East, a collection of townhomes and mid-rise condos featuring modern designs and direct access to the new waterfront park system. CCI Development Group and Branthaven are also making strides, with their mid-rise projects nearing completion and occupancy slated for spring 2027.

Argo Development and Tridel have broken ground on their respective sites, adding to the momentum. Tridel’s Lakeview Towers will offer 500 units with panoramic lake views and direct connection to the district energy system—Ontario’s first powered by treated wastewater. This innovative system is a game-changer for sustainable living, reducing carbon emissions by up to 60% compared to traditional systems.

Pricing Trends and Market Context

Despite a cooling in some GTA markets, Lakeview Village is holding strong. According to TRREB data, average home prices in Mississauga have stabilized, with the benchmark price for a condo apartment at $685,000, up 2.3% year-over-year. At Lakeview Village, pre-construction pricing for remaining units starts from the mid-$500,000s for one-bedroom condos and from the $800,000s for townhomes. The Bank of Canada’s recent rate hold at 3.5% has brought some stability, but buyers are still cautious. However, the unique waterfront location and limited supply of new master-planned communities are driving demand. LCPL reports that over 80% of Phase 1 units have sold, with strong interest from downsizers and young families.

Amenities and Infrastructure

The community’s amenities are taking shape. Over 45 acres of parkland, including the first phase of the Waterfront Park, will open next summer. The Innovation Corridor is also progressing, with the first office building set to break ground in 2027, aiming to create 9,000 jobs. Transit improvements are on track: the extension of the LRT along Lakeshore Road is in the design phase, with completion expected by 2030. Additionally, new GO Train service enhancements at Long Branch and Port Credit stations will improve connectivity to downtown Toronto.

Advice for Buyers

For those considering Lakeview Village, now is a strategic time to act. With interest rates expected to remain steady, pre-construction offers the opportunity to lock in today’s prices and benefit from appreciation as the community matures. Buyers should prioritize projects by reputable developers like Tridel, Greenpark, and TACC, and consider the long-term value of sustainable features. Visit the Lakeview Village discovery centre to explore floor plans and secure your spot in this once-in-a-generation waterfront community.

Update History

November 2026

November 2026 Construction Update

Lakeview Village is making remarkable progress this November. TACC Construction has topped off The Waterfront Residences, with occupancy set for early 2027. Greenpark Group has launched sales for Lakeview East, offering townhomes and mid-rise condos. CCI Development Group and Branthaven projects are nearing completion, while Argo Development and Tridel have broken ground on their sites. Pricing remains competitive, with condos starting from the mid-$500,000s and townhomes from the $800,000s. The Bank of Canada’s rate hold at 3.5% provides stability, and with over 80% of Phase 1 sold, demand is strong. Amenities like the Waterfront Park and Innovation Corridor are advancing, and transit improvements are on the horizon. For buyers, this is an ideal time to invest in this sustainable, waterfront community.

October 2026

October 2026 Lakeview Village Construction Update

Lakeview Village in Mississauga is making significant strides this October. The district energy system is 70% complete, and the first park has opened. TACC Construction topped off its first tower, while Greenpark Group and CCI Development Group begin foundation work. New townhome launches from Branthaven and Argo Development are coming this fall. Despite a cooling GTA market, demand remains strong for this waterfront community, with recent releases selling out quickly. Prices range from the mid-$600,000s to over $1.5 million. With transit improvements on the horizon and interest rates stabilizing, now is a strategic time for buyers to explore pre-construction opportunities in this transformative 177-acre development.

September 2026

September 2026 Construction Update: Innovation Corridor Breaks Ground, New Launches at Lakeview Village

Lakeview Village enters fall 2026 with major momentum: the Innovation Corridor has broken ground, the district energy system is 40% complete, and Greenpark Group's Harbourview Estates launches this month. With over 3,200 units now sold or under construction, prices have risen 8% quarter-over-quarter. Argo Development's The Current tower is next up, with starting prices in the high $800s per square foot. Explore the latest phases and secure your spot on the Mississauga waterfront.

August 2026

August 2026 Construction Update: Lakeview Village Surges Ahead

Lakeview Village is buzzing with activity this August. Construction is on track for the first townhomes, with occupancies set for 2027. The Aqua condominium tower has hit the 15th floor, and Tridel's Lakeshore Residences are preparing for launch. Prices remain competitive, and the district energy system is now operational. With a new transit line announced and the first affordable housing units underway, this is a pivotal moment for the community. Read on for the latest updates and buyer insights.

May 2026

May 2026 Construction Update

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

April 2026 Construction Update: Lakeview Village Progress and New Phase Launch

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

March 2026 Construction Update: Lakeview Village Towers Rise as New Phase Announced

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.

Neighbourhood

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.

Location

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.

Transit

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.

Schools

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.

Frequently Asked Questions

What is Lakeview Village?
Lakeview Village is a 177-acre master-planned waterfront community in Mississauga, Ontario. It's being built on the former Lakeview Generating Station site along Lake Ontario and will include approximately 16,000 residential units, 45+ acres of parkland, an Innovation Corridor with 9,000 jobs, and Ontario's first district energy system.
When will Lakeview Village be completed?
Construction is already underway, with Harbourwalk (by Tridel) being the first residential building launched in October 2024. First occupancy is projected for early 2029, with the full community build-out expected by 2035 and beyond as the project phases are completed.
How many homes will be built at Lakeview Village?
The development plan calls for approximately 16,000 residential units, including 1,200 affordable and attainable housing units. The housing mix includes condominiums, townhomes, and a variety of unit types to serve diverse demographics.
Who are the developers behind Lakeview Village?
The primary developer is Lakeview Community Partners Limited (LCPL), who purchased the site from Ontario Power Generation in 2017. Key development partners include TACC Construction, Greenpark Group, CCI Development Group, Branthaven, Argo Development Corporation, and Tridel.
Is Lakeview Village a good investment?
Lakeview Village represents a significant investment opportunity due to its waterfront location, massive scale (16,000 units), government backing, and proximity to Port Credit — one of Mississauga's most desirable neighbourhoods. Waterfront properties in the GTA have historically appreciated faster than inland properties. However, as with any pre-construction investment, buyers should consult with a licensed real estate professional.
What transit options are near Lakeview Village?
Lakeview Village is close to Port Credit GO Station (Lakeshore West line), providing direct service to Union Station in downtown Toronto. MiWay bus service runs along Lakeshore Road, and the community will have integrated cycling infrastructure and connections to the Waterfront Trail.
What is the district energy system at Lakeview Village?
Lakeview Village will be powered by a district energy system — a centralized heating and cooling system that sends thermal energy to buildings through underground pipes. Owned and operated by Enwave, it will initially use natural gas when the first buildings are occupied in 2029, then transition to treated wastewater from the nearby G.E. Booth Water Resource Recovery Facility by 2034, making it the first of its kind in Ontario.
Will there be affordable housing at Lakeview Village?
Yes. The development includes 1,200 affordable and attainable housing units, consisting of shared equity mortgage units and a limited number of market rental units. This was a key commitment in the community benefits agreement between LCPL and the City of Mississauga.
What amenities will Lakeview Village have?
The community will feature over 45 acres of parkland with six parks, a Trans Canada Trail extension, the longest pier on Canada's Great Lakes, an Innovation Corridor with 1.5 million square feet of employment space, waterfront promenades, retail and dining options, and connections to the broader Waterfront Trail network.
How do I get VIP access to upcoming Lakeview Village projects?
You can register for free VIP access at PreconFactory.com to get early notifications about new project launches at Lakeview Village, including priority pricing, floor plans, and first selection before the general public.

Lakeview Village: Mississauga's Premier Waterfront Community

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.

Pre-Construction Opportunities in Lakeview Village

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.

Why Invest in Lakeview Village?

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.

Comparing Lakeview Village to Other GTA Communities

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.

Official Sources & Further Reading

Official Sources & References

Information on this page is sourced from official government and developer publications. We encourage you to verify details with these primary sources.

Last verified: November 1, 2026

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