South Banks

South Banks by DECO Homes is a new preconstruction condominium and townhouse community in Lakeview, envisioned across 177 acres as a vibrant waterfront destination. The development will bring together condominium and townhouse homes with retail promenades, restaurants, an Innovation District, education and office spaces, creating an integrated neighbourhood designed for people of all ages, cultures and lifestyles. The community is planned with 120 total homes and is listed with Condominium ownership.

Eligible purchasers of qualifying new homes in Ontario may benefit from the current HST rebate programs. For qualifying purchases from a builder with an agreement entered into between April 1, 2026 and March 31, 2027, the Ontario Enhanced New Housing Rebate can provide up to $80,000 toward the provincial portion of HST, with the full $80,000 amount available for qualifying homes valued up to $1 million and maintained for homes valued up to $1.5 million; a reduced rebate applies above $1.5 million and below $1.85 million. Eligible purchasers may also qualify for the Ontario New Home Affordability Payment of up to $50,000 toward the federal portion of HST, subject to applicable requirements and adjustments.

The planned community is designed around a comprehensive network of parks and trails, offering residents access to outdoor spaces throughout the neighbourhood. Direct access to local transit is also planned, while year-round recreational events are intended to contribute to an active community environment. Retail and dining opportunities will form part of the broader neighbourhood setting.

With its combination of condominiums and townhomes, South Banks brings residential living together with commercial, educational, office and recreational components within one large-scale waterfront neighbourhood. The development is currently identified as preconstruction with Registration listing status, providing a planned residential setting that integrates homes with a variety of community-oriented spaces and amenities.

Project: South Banks | Builder: DECO Homes | Neighbourhood: Lakeview | Building Type: Condo and Townhouse | Ownership: Condominium | Total Homes: 120 | Status: Preconstruction / Registration