A new era is unfolding in Canada Water, marking the creation of London’s first new town centre in over 50 years. Situated within this landmark regeneration, St Olave’s, the latest Shared Ownership collection from Peabody New Homes, is set to launch on the 29th and 30th of March 2025. Offering a refined selection of one, two, and three-bedroom apartments, St Olave’s provides an exceptional opportunity for buyers looking to secure a stylish and contemporary home in one of the capital’s most exciting new neighbourhoods.
Nestled between the vibrancy of Canada Water and the historic charm of Rotherhithe, St Olave’s is designed for those seeking a balance between urban convenience and nature’s tranquillity. The homes are crafted with thoughtful interiors and premium finishes that elevate everyday living.
The kitchens feature an elegant mix of matte green handleless base units paired with oak laminate wall units, complemented by composite marble-effect worktops and a suite of integrated appliances, perfect for those who love to cook and entertain.

Bathrooms are finished with porcelain tiles, chrome detailing, and sleek white sanitaryware, creating a sanctuary of relaxation. Underfloor heating throughout ensures a cosy and comfortable living environment all year round, while private outdoor spaces—whether a balcony or terrace—extend each home’s footprint. Residents of Block A can also take advantage of a communal roof terrace, a perfect spot to unwind and socialise with neighbours.

Canada Water is fast emerging as a sought-after destination, where heritage meets modernity. The area’s historic trading docks, once the departure point for The Mayflower’s journey to America, now serve as picturesque waterside retreats. With cafés, restaurants, and leisure facilities taking root within the wider regeneration masterplan, St Olave’s is ideally positioned to enjoy everything this dynamic new neighbourhood has to offer.
For outdoor enthusiasts, Southwark Park is just moments away, offering expansive green space, tennis courts, cricket pitches, a bowls club, and a boating lake. Families will appreciate the children’s play area and seasonal events at the bandstand, while Stave Hill and Russia Dock Woodland provide even more space for nature lovers to explore. For those drawn to the water, Surrey Docks Fitness and Watersports Centre offers sailing, kayaking, and windsurfing, bringing a unique recreational dimension to city living.
Canada Water and its surrounding areas boast a vibrant culinary scene. The much-loved Canada Water Café is a local institution, transitioning from a laid-back brunch spot to a cosy Italian restaurant as the sun sets. Meanwhile, The Mayflower, an iconic waterside pub hidden down a historic cobbled lane, is the perfect setting for a relaxed meal with a view.
For those looking to explore further, hotspots such as Maltby Street Market, Bermondsey Beer Mile, and Borough Market are easily accessible via Cycleway 4, making weekend foodie adventures effortlessly convenient.
Whether commuting or heading out for an evening in the West End, Canada Water station is just a six-minute walk from St Olave’s. With Jubilee line services offering rapid access to key destinations—Canary Wharf in two minutes, London Bridge in three minutes, and Waterloo in six minutes—residents can enjoy unparalleled connectivity.
For additional travel options, Rotherhithe Overground station is also nearby, providing swift journeys towards Shoreditch High Street, Whitechapel, and Highbury & Islington.
St Olave’s presents an exciting opportunity for buyers looking to step onto the property ladder through Shared Ownership. Prices start from £116,875 for a 25% share of a one-bedroom apartment, with the full market value at £467,500.
Terence O’Connor, Head of Sales for St Olave’s at Peabody New Homes, shares: “St Olave’s is a place where past and future intertwine effortlessly. Residents will enjoy a vibrant community atmosphere, excellent transport links, and the natural beauty of Southwark Park and the historic docks right on their doorstep. We encourage buyers to explore this fantastic opportunity before our launch event in March.”
With Canada Water undergoing a remarkable transformation, St Olave’s is set to become a key part of this new chapter in London’s history—a place where city living meets riverside serenity.
For more details, visit Peabody New Homes – St Olave’s or call 020 3504 3434.