Mississauga City Guide
You'll find gorgeous Mississauga real estate situated on the shores of Lake Ontario, bordering Toronto. The city has a community of 721,599 (2016 census), making it the sixth most populated municipality of Canada, the third-most in Ontario and the second biggest in the GTA.
Real estate in Mississauga is very popular for those who commute to work, as Oakville and Milton connect the area to the west/southwest, Brampton is to the north, Toronto to the east, and Lake Ontario to the south/south-east. It is almost like a spillover for those highly sought after communities that surround it. Pearson International Airport, Canada's largest airport is located within Mississauga too, giving you connections to seven of the major highways in Ontario.
There's a myriad of ways to commute to Toronto's downtown core, but most suburbanites opt to drive the half hour. GO Transit operates a 40-minute train ride from Mississauga to Downtown Toronto every four hours. GO Transit also runs a 48-minute bus ride from Mississauga to Downtown Toronto every 30 minutes.
There are just twenty-two neighbourhoods in Mississauga which include:
- Central Erin Mills
- Churchill Meadows
- Credit Valley
- Clarkson/Lorne Park
- East Credit
- Erin Mills
- Meadowvale Village
- Mississauga Valleys
- Port Credit
Mississauga Real Estate Market
|Type of Property||Number of Properties|
|Occupied Private Dwellings||240,910|
|Apartment Building that has Five or more Storeys||63,130|
|Attach Dwelling (Other)||6,670|
|Apartment or Flat in a Duplex||8,120|
|Apartment in a building that has fewer than five stories||17,630|
|Single-Attached House (Other)||80|
|Type of Property||Average Price (CAD)|
|Average Home Price||$747,586|
|Average Condo Price||$676,000|
|Average Detached Home Price||$487,000|
The average amount of time a home sits on the market is 16 days. According to Zolo, Mississauga's top areas to live in are Streetsville, Applewood, City Centre, Port Credit and Lakeview. The two most notable neighbourhoods are Erin Mills, a development community erected by Cadillac Fairview Corporation which transformed 8,000 acres of farmland into a residential, commercial and industrial living hub. The other being Cooksville, a neighbourhood popular with singles and young professionals as it has many high-rise condominiums and rental buildings within its community.
Another attractive aspect of Mississauga real estate is that it is enveloped in nature. The city has 520 parks and woodlands, ideal for nature lovers, and families with young children who love the great outdoors. Credit River is known for its beautiful waterfront on Lake Ontario. The Waterfront Trail stretches from Cornwall to Niagara-on-the-lake, crossing though Mississauga along the way. In total, the path is over 740 km!
Kids and teens love living near the Playdium, an indoor arcade that has over 12,000 square metres of entertainment including a giant arcade, VR rides, a laser maze and a couple of restaurants. Outside you'll find an 18-hole miniature golf course, a baseball dome and one of the largest Go-Kart tracks in Canada!
You'll find a million reasons to purchase Mississauga real estate, the area is booming with excitement for people of all ages, and its proximity to neighbouring areas like Toronto and Lake Ontario is undoubtedly a sound investment!