Peel RegionBalanced Market

Mississauga — Ontario's second-largest city with 28 unique communities

Mississauga is Ontario's second-largest city with a population of 717,961 (Stats Canada 2021), spanning 28 official neighbourhoods from the luxury lakefront of Port Credit and Lorne Park to the high-rise urban density of City Centre. Mississauga's market remained relatively stable in 2025 (-1.5% YoY versus the broader GTA's -4.7%), reflecting its diversified employment base around Pearson Airport, the financial sector, and pharma/tech. Housing ranges from $450K condos near Square One to $4M+ lakefront estates.

Updated recentlyPeel Region, OntarioLive market data

Market statistics for Mississauga

Average price

$1,050,000

-1.5% YoY

Sales volume

Days on market

25 days

Sale-to-list ratio

Market Insight · 2025

Square One condo supply is elevated, creating a buyer's market in the city centre. However, detached homes in south Mississauga lakefront communities (Port Credit, Lorne Park, Clarkson) continue to hold value with limited new supply and strong demand from Toronto buyers.

Why buyers choose Mississauga

  • Ontario's 2nd largest city: 717,961 residents across 28 communities
  • Pearson International Airport — 50,000+ jobs and major logistics hub
  • Hurontario LRT under construction — major transit corridor upgrade
  • Six GO stations across Lakeshore West and Kitchener lines
  • Square One Shopping Centre — Canada's 3rd largest mall
  • Major corporate HQs: Microsoft Canada, Hewlett Packard, PepsiCo Canada

Transit & Commute

Six GO stations serve Mississauga: Port Credit, Clarkson, Long Branch, Erindale, Streetsville, and Cooksville. The Hurontario LRT is under construction along Hurontario Street. MiWay bus provides citywide coverage. UP Express connects Pearson to downtown Toronto.

Schools

Peel District School Board and Dufferin-Peel Catholic DSB both serve Mississauga. Notable schools include Port Credit Secondary, Glenforest Secondary, and Applewood Heights SS. University of Toronto Mississauga (UTM) serves the academic community.

Neighbourhoods in Mississauga

Lifestyle in Mississauga

Mississauga offers extraordinary diversity: Port Credit's lakefront village atmosphere, Erin Mills master-planned communities, City Centre urban intensity, and Celebration Square arts festivals. Cooksville and Malton offer strong multicultural dining and retail.

Frequently asked questions about Mississauga real estate

What is the average home price in Mississauga in 2025?
The Mississauga average is approximately $1,050,000 in 2025. Prices vary widely: condos near Square One from $450K, detacheds in Erin Mills from $850K, and lakefront properties in Port Credit and Lorne Park from $1.5M+.
What are the best neighbourhoods to buy in Mississauga?
Port Credit and Lorne Park offer the most prestige and long-term value at premium prices. Erin Mills and Meadowvale provide strong family value. Streetsville is excellent for character-home buyers. City Centre suits condo investors.
How is the Hurontario LRT affecting Mississauga real estate?
The Hurontario LRT is expected to increase density and property values along the Hurontario corridor, particularly near Cooksville and City Centre. Properties within 500 m of planned LRT stops are attracting pre-opening investor interest.

Want a custom Mississauga pricing plan?

Get a local expert to review your property type, timing, and best pricing strategy.