|LOWAvg. of lowest 10%||Average||HighAvg. of highest 10%|
|STUDIO Condos||$182,500475 = $384/||$221,876442 = $501/||$254,900520 = $490/|
|1 BED Condos||$214,178692 = $309/||$274,165636 = $431/||$353,995746 = $474/|
|1 BED+DEN Condos||$239,071838 = $285/||$303,960733 = $414/||$395,970808 = $490/|
|2 BED Condos||$228,388887 = $257/||$355,220970 = $366/||$573,1291315 = $436/|
|2 BED+DEN Condos||$258,037991 = $260/||$380,0171093 = $348/||$682,8361511 = $452/|
|3 BED Condos||$244,975984 = $249/||$414,3141326 = $312/||$784,5001959 = $400/|
|3 BED+DEN Condos||$324,9751408 = $231/||$508,1511457 = $349/||$908,2331955 = $464/|
|4 BEDS Condos||$219,5001572 = $140/||$259,7721572 = $165/||$325,0001572 = $207/|
|4 BED + DEN Condos||$250,0001572 = $159/||$250,0001572 = $159/||$250,0001572 = $159/|
Mississauga is quickly making a name for it’s self as an arts hub, finance capital and multicultural destination, no longer just Toronto’s little sister. Founded in 1805 as a suburb of Toronto, there are almost a million people here now. Mississauga officially became a city on its own in 1968.
The Toronto condo boom has started to spread west into Mississauga, which is now Canada’s 6th largest city. At the moment there are over one hundred Mississauga condos for sale, in various forms such as high-rise, low rise and condo townhomes and with all the pre-construction that is happening, that number is growing rapidly. There are a number of Fortune 500 companies, mainly banking, finance and electronics companies that are bypassing Toronto for Mississauga and bringing with them a young demographic and helping to cement Mississauga as a dynamic city.
Neighbouring the hottest real estate market in the country hasn’t hurt Mississauga condos either; the Values and Trends here have steadily increased over the past 10 years and at any given time there are hundreds of condos for sale. Developers who had previously only had eyes for Toronto, are now turning towards Mississauga with amazing results, such as the Marilyn Monroe Towers, which have won numerous awards all around the world.
One of the most popular neighbourhoods is City Centre, now home to 30 condos, there has been huge growth here over the past few years. Home to the Art Gallery of Mississauga, the famous Square One Shopping Mall and Celebration Square, where the past few Canada Day celebrations have drawn crowds of over 100,000 people, this has become the cultural hub of the city. Port Credit is another neighbourhood on the rise, with plenty of condos for sale along the water. A beautiful summer destination at the mouth of the Credit River, there are many parks and walking trails along the lakeshore and some new luxury condos that have million dollar views.
There has been a lot of interest in the Mississauga condo market, the close proximity to Toronto helps and the condos, which are on par with any condos for sale in Toronto, in terms of quality, tend to be on the less expensive side. There are some amazing views to be had, less of the hustle and bustle that you’ll find in Toronto, if you’re thinking of buying a condo, start thinking about Mississauga.