Is Riverbank Place freehold or condo?

Riverbank Place is freehold, so buyers own the land and the building outright. The community carries a POTL or common-element fee of $179.99 per month for shared areas.

Who is building Riverbank Place?

Riverbank Place is being built by Kingridge Developments in Central Erin Mills, Mississauga.

How much do homes at Riverbank Place cost?

Listed prices run $999,900 to $1,369,900 across 11 floor plans covering 1,803 to 2,349 sq ft. Lot premiums, elevation upgrades and optional layouts are quoted separately.

What is the deposit structure at Riverbank Place?

The published schedule is: $10,000 on signing; $25,000 at 30, 90, 150, 180 and 360 days; $25,000 on occupancy. Terms are set by the builder and change between phases.

Does Riverbank Place qualify for the Ontario HST rebate?

Riverbank Place can qualify. The Ontario Enhanced New Housing Rebate covers agreements signed between April 1, 2026 and March 31, 2027, pays up to $80,000 of the provincial HST and has no first-time buyer test. At $999,900 the Ontario rebate is worth about $79,992, and a first-time buyer could add roughly $49,995 federally. The home must be the primary residence of the buyer or a relation, and CRA determines eligibility. The advertised prices here are already net of that rebate, so a buyer who does not qualify pays the difference at closing.

When is occupancy at Riverbank Place?

Occupancy is listed for 2027. Builder dates are tentative and commonly move; the binding dates are in your agreement and the Tarion addendum.

Central Erin Mills, Mississauga

Riverbank Place

Kingridge Developments

Riverbank Place is a detached, semi, townhome community by Kingridge Developments at 4601 Mississauga Road in Central Erin Mills, Mississauga. Freehold homes from 1,803 to 2,349 sq ft priced $999,900 to $1,369,900 across 11 floor plans. Launched May 27th, 2026.

Boutique community of 32 freehold towns and 4 semis
Ravine-facing and pie-shaped lots available
Walk-out basements available
Private backyard, full basement, driveway and garage on every home
Minutes to UTM, Credit Valley Hospital and Streetsville GO

Two things here are worth more than the incentives. Walk-out basements and ravine-facing pie lots are both on offer, and those are the premiums that hold their value because they cannot be added later. And at 32 towns plus 4 semis this is a genuinely small community, which usually means fewer years of construction traffic than a 500-home subdivision.

Pricing and your rebate position

Listed prices run $999,900 to $1,369,900 across 11 floor plans. Assuming you qualify, here is what the current programs are worth at each end:

	At $999,900	At $1,369,900
Ontario ENHR (no first-time buyer test)	$79,992	$80,000
Federal rebate (first-time buyers only)	$49,995	$13,010

Read the price list carefully. The advertised prices are stated net of the enhanced HST rebate, meaning they assume you qualify and assign the rebate to the vendor at closing. If you do not qualify, or the rebate is reduced, you are responsible for the difference at closing in certified funds. How net-of-rebate pricing works.

Location

Riverbank Place is at 4601 Mississauga Road in Central Erin Mills, Mississauga.

Deposit structure

$10,000 on signing
$25,000 at 30, 90, 150, 180 and 360 days
$25,000 on occupancy

Set by the builder and subject to change. Tarion protects a freehold deposit up to $100,000. How that works

Current incentives

Decor credits
$0 assignment fee
Free POTL
Reduced development charges

Incentives are withdrawn and changed without notice, and must be written into an amendment to be binding.

Registered buyers

What I can send you on Riverbank Place

Everything above is on this page for anyone to read, and it stays that way. What follows is the builder's own material, which is released to registered buyers rather than published:

All 11 floor plans, 1,803 to 2,349 sq ft, with room dimensions
The lot-by-lot price list, including the premiums that are not in the starting price
Release dates as the builder confirms them
Registering commits you to nothing. You get the material and a straight read on it.

Riverbank Place, common questions

Is Riverbank Place freehold or condo?: Riverbank Place is freehold, so buyers own the land and the building outright. The community carries a POTL or common-element fee of $179.99 per month for shared areas.
Who is building Riverbank Place?: Riverbank Place is being built by Kingridge Developments in Central Erin Mills, Mississauga.
How much do homes at Riverbank Place cost?: Listed prices run $999,900 to $1,369,900 across 11 floor plans covering 1,803 to 2,349 sq ft. Lot premiums, elevation upgrades and optional layouts are quoted separately.
What is the deposit structure at Riverbank Place?: The published schedule is: $10,000 on signing; $25,000 at 30, 90, 150, 180 and 360 days; $25,000 on occupancy. Terms are set by the builder and change between phases.
Does Riverbank Place qualify for the Ontario HST rebate?: Riverbank Place can qualify. The Ontario Enhanced New Housing Rebate covers agreements signed between April 1, 2026 and March 31, 2027, pays up to $80,000 of the provincial HST and has no first-time buyer test. At $999,900 the Ontario rebate is worth about $79,992, and a first-time buyer could add roughly $49,995 federally. The home must be the primary residence of the buyer or a relation, and CRA determines eligibility. The advertised prices here are already net of that rebate, so a buyer who does not qualify pays the difference at closing.
Where is Riverbank Place located?: Riverbank Place is at 4601 Mississauga Road in Central Erin Mills, Mississauga, Ontario.
When is occupancy at Riverbank Place?: Occupancy is listed for 2027. Builder dates are tentative and commonly move; the binding dates are in your agreement and the Tarion addendum.

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