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Mississauga Real Estate & Homes For Sale


Mississauga is a Canadian city situated in the province of Ontario. The city is situated in the Regional Municipality of Peel and covers 288.42 square kilometers of land. Toronto surrounds the city to the east, Brampton to the north, Oakville and Milton to the west/southwest, and Lake Ontario to the south/south-east. The City of Mississauga is one of 26 municipalities situated in the Greater Golden Horseshoe of Southern Ontario, Canada. Mississauga remains the sixth-largest city in Canada. The Town of Mississauga was created in 1968, and the City of Mississauga was incorporated in 1974 through the amalgamation of the Town of Mississauga and the villages of Port Credit and Streetsville and portions of the townships of Toronto Gore and Trafalgar. Mississauga has grown to be Canada's sixth-largest city. The Town of Mississauga was created out of Toronto Township, which in 1952 annexed a portion of Toronto Gore Township. In 1968 (the year of its incorporation), the police village of Malton was absorbed into it. The town became a city in 1974 and absorbed Port Credit, Streetsville, and a portion of Milton but ceded the northern extremity to Brampton. A final annexation occurred in 2010 when a thin strip of land was purchased from Milton to bring the city limits to Hwy. 407.

Population
110128

Area
363.22 km2

QOL Rank

New construction
0

Active listings
832

Rental listings
819

Mississauga Real Estate Trends and Information

Mississauga is a Canadian city situated in the province of Ontario. The city is situated in the Regional Municipality of Peel and covers 288.42 square kilometers of land. Toronto surrounds the city to the east, Brampton to the north, Oakville and Milton to the west/southwest, and Lake Ontario to the south/south-east. The City of Mississauga is one of 26 municipalities situated in the Greater Golden Horseshoe of Southern Ontario, Canada. Mississauga remains the sixth-largest city in Canada. The Town of Mississauga was created in 1968, and the City of Mississauga was incorporated in 1974 through the amalgamation of the Town of Mississauga and the villages of Port Credit and Streetsville and portions of the townships of Toronto Gore and Trafalgar. Mississauga has grown to be Canada's sixth-largest city. The Town of Mississauga was created out of Toronto Township, which in 1952 annexed a portion of Toronto Gore Township. In 1968 (the year of its incorporation), the police village of Malton was absorbed into it. The town became a city in 1974 and absorbed Port Credit, Streetsville, and a portion of Milton but ceded the northern extremity to Brampton. A final annexation occurred in 2010 when a thin strip of land was purchased from Milton to bring the city limits to Hwy. 407. There are 240,910 dwellings across Mississauga. This has increased from 2011 by 2.7%. Most strikingly, however, the average value of a dwelling in Mississauga in 2016 was $642,468. This has increased by 41% since 2011.

  • SINGLE DETACHED HOUSES: The most common structural type in Mississauga is a single-detached home. 38% of Mississauga's housing stock is single-detached.
  • APARTMENTS: The second-largest housing structural type in Mississauga is apartments with five or more stories at 26% of the housing stock. This is comparable to the average across the GTHA but much larger than seen in Canada, which sits at 10%. The majority of the housing stock in Mississauga was built between 1961 and 1980. Since then, the number of dwellings being built in Mississauga has steadily declined.

Mississauga Housing Market

Rentals

The average rent for a 1-bedroom apartment in Mississauga, ON, is currently $1,850. This is a 5% decrease compared to the previous year.

The average rent for a 2-bedroom apartment in Mississauga, ON is currently $2,200. This is a 3% decrease compared to the previous year.

Owned Property

  • Avgerage Sold Price: $962,679
  • All Property Types: $962,679
  • Detached: $1,483,197
  • Semi-Detached: $1,026,791
  • Townhouses: $965,136
  • Condos: $589,979
  • Apartments: $797,771

No. of Transactions

  • Transactions (Buy/Sell): 818
  • All Property Types: 818
  • Detached: 241
  • Semi-Detached: 94
  • Townhouses: 41
  • Condos: 284
  • Apartments: 157

Detached Homes

  • Average Price: $1,483,197
  • Price Change: 13.4% increase
  • Units Sold: 241
  • Sold Percentage: 33.1% decrease
  • New Listings: 305
  • Listings Pecentage: 48.0% decrease

Semi-Detached Home

  • Average Price: $1,026,791
  • Price Change: 19.9% increase
  • Units Sold: 94
  • Sold Percentage: 40.9% decrease
  • New Listings: 103
  • Listings Pecentage: 51.6% decrease

Townhouse

  • Average Price: $965,136
  • Price Change: 17.7% increase
  • Units Sold: 41
  • Sold Percentage: 2.4% decrease
  • New Listings: 34
  • Listings Pecentage: 46.0% decrease

Condos

  • Average Price: $589,979
  • Price Change: 9.1% increase
  • Units Sold: 284
  • Sold Percentage: 23.5% increase
  • New Listings: 376
  • Listings Pecentage: 30.8% decrease

Demographics

The Mississauga population is equivalent to 2.1% of the population of Canada and 5.5% of the population of Ontario !

  • Age: The average age for the population in Mississauga is 40. Females are slightly older overall with an average age of 41, while males have an overall average of 39. Compared to Canada, Mississauga has a larger young adult population between the ages of 10 and 24. In addition, Mississauga has a larger population of adults aged 45 to 54 years old compared to Canada.
  • Diversity: Of the 721,600 individuals in Mississauga, 53% are immigrants, 87% are Canadian citizens, and almost 1% identify as aboriginal. The top mother tongue language spoken in Mississauga and the top language spoken most often at home that is not an official language of Canada is Urdu. 57% of Mississauga is a visible minority. The largest visible minority group in South Asia, followed by Chinese. The language spoken at work most often that again is not an official language of Canada is Mandarin.
  • Religion: Almost 6 in every ten people (59.9%) in Mississauga are Christian. Other major religious groups are Islam (11.9%), Hindu (7.0%), and Sikh (3.4%). A further 14.9% of people reported that they have no religion. The city of Mississauga caters to the religious needs of its residents by offering places of worship for every religion. There are around 20 Christian Catholic Churches, 3 Christian Orthodox Churches, 13 Churches, 6 Hindu Temples, 5 Mosques, 3 Gurudwaras, and 1 Buddhist Temple.

Education

There are five world-renowned universities and six internationally recognized colleges accessible from Mississauga. Elementary Schools in Mississauga:

  • Kenollie Public School
  • VISTA HEIGHTS PS
  • Mineola PS
  • Credit Valley PS
  • Whiteoaks PS

There are around 37 High Schools in Mississauga Post Secondary institutions are as follows:

  • The University of Toronto
  • Lambton College
  • Canadore College
  • Sheridan College

Mississauga is home to the great University of Toronto Mississauga, one of three campus grounds of the University of Toronto.

Economic Activities

  • 40 percent of Canada's business headquarters are located here.
  • this city produces 18.5 percent of Canada's Gross Domestic Product (GDP).
  • The third-largest tech sector in North America and the second-largest financial center in North America
  • Mississauga is home to over 90,000 businesses that employ more than 4,38,000 people.
  • The city is home to 73 Fortune 500 and 59 Fortune Global 500 head offices.

Recreation

  • Kariya Park: This is a calm and chilled place with sweet gardens. This place is perfect for visiting families with kids.
  • Meadowvale Conservation Area: This place is perfect for jaunting on walking paths to have fun with hiking prices.
  • J.C. Saddington Park: This scenic park is just over the bridge from Port Credit. It's in a perfect location to all the restaurants, near the lake, it is perfect for walks, sports, sitting on the bench, on the grass on the blanket, or by the lake on the lake. Also, people often come to this park for a spot for fishing.
  • Square One shopping center: With over 360 stores and services, Square One is the largest shopping center in Ontario and the second largest shopping center in Canada.
  • Port Credit: Port Credit is full of energy and lively entertainment, featuring cafes, bars, restaurants, and an emerging arts scene; it's one for all the family to enjoy. The Port Credit is known as the "entertainment hub" by the locals of Mississauga.
  • Jack Darling Memorial Park: This large, diverse park offers many excellent facilities for families and individuals who want to spend time outdoors. The City of Mississauga maintains the park, and it is classified as a picnic park with a waterfront.
  • Credit River: Take a stroll down Credit River and enjoy the stunning scenery or have a go fishing and catch some salmon. If you're looking for something a little more adventurous, why not try navigating your way down Credit River in a canoe.

Transportation

Of the population in the labor force within Mississauga, 72% commute to work as a driver in a car, truck, or van, and 18% commute to work using public transportation. In Mississauga, the most common mode of transportation is a driver in a car, truck, or van, 72%, followed by public transit, at 18% !

  • The city has an extensive network of 7 major highways & 3 principal railways.
  • Mississauga is home to Canada's largest airport serving over 47 million people annually. Toronto Pearson International Airport is the busiest airport in Canada.

FAQs (Mississauga Real Estate)

How much does a townhouse cost in Mississauga ?

The average price of a townhouse in Mississauga costs $965,136.

How many people rent versus buy real estate in Mississauga ?

In Mississauga, ON, fewer people rent their homes than own at 25.1% rent versus 74.9% own.

What is the average rent of a 1- bedroom apartment in Mississauga ?

The average rent for a single-bedroom apartment in Mississauga is $1,850.

What is the average rent of a two-bedroom apartment in Mississauga ?

The average rent for a two-bedroom apartment in Mississauga is $2200.

How much land does Mississauga covers ?

The city of Mississauga covers an area of 292.4 km².

Average Home Price

$1,222,325

Average Rent

$2,514

Average Condo Price

Not available

Average Detached Price

Not available

Exploring Mississauga

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Entertainment

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Education in Mississauga, Ontario Image

Education

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Economy in Mississauga, Ontario Image

Economy

economy

Frequently Asked Questions (FAQs)

Below you will find answers to the most commonly asked questions about Mississauga
*Accuracy of information
While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Guglu is not in any way liable for the accuracy of any information printed and stored or in any way interpreted and used by a user.
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