Mississauga Real Estate Overview

Quick Facts

Mississauga is a quickly growing suburban centre. Home owners are attracted to the city for its variety of affordable properties and its proximity to Toronto. According to the Mississauga Real Estate Board, the average price of homes sold in the city for September 2014 was $467,900, which is an increase of 6.9% from September 2013. Clarkson and Port Credit are two popular waterfront neighbourhoods that are in close proximity to the GO Transit system. Streetsville toward the northwest is another popular area, featuring quaint shops and easy highway access. Luxury homes can be found by the lake in Lorne Park and Mineola West.

Mississauga Population (2011)713,400
5 Year Population Change6.7%
Number of Homes in Mississauga234,500

Data source: Statistics Canada

Why Buy a Home in Mississauga?

Mississauga has all the benefits of a suburban lifestyle: large homes and open spaces within easy commuting distance of a major urban city. Located just west of Toronto on the shores of Lake Ontario, it is Canada's sixth most populous municipality. Mississauga is a prosperous city - it was debt free for more than three decades until 2012, when it borrowed some money to improve its infrastructure. Several major companies have their Canadian corporate headquarters in the city, including Microsoft and General Electric. Many people who work in Toronto choose to live in Mississauga for its cheaper housing and abundance of green space. A number of parks and trails can be found in the city, along the waterfront and Sixteen Mile Creek.
Explore Mississauga's Rich Cultural Heritage

The name Mississauga comes from the Algonquian Mississaugas, a First Nations group that lived in the area alongside the Iroquois before the arrival of Europeans in the 1600s The land was purchased from the Mississaugas and divided into villages in 1805. Additional land was purchased for Loyalists fleeing from the United States following the American Revolution. European growth forced out the native Mississaugan population, which was relocated to a nearby reserve. In 2010, the federal government awarded the Mississaugas $145 million in compensation for their treatment and their lost land. In recent years, the city's population has grown and diversified to include large South Asian, Chinese, and Filipino communities. Nearly half of Mississauga's population are members of a visible minority.
Getting around in Mississauga

The most common means of transportation in Mississauga is by car. Several highways pass through the city, including the 401, the 407 toll route, the 403, and the Queen Elizabeth Way. Mississauga's transit system is known as MiWay and services close to 70 different routes. A number of these routes connect with the GO Transit system or the Toronto Transit Commission, providing easy access to downtown Toronto. Boating is a popular method of transportation along the waterfront, and several trails exist for pedestrians and cyclists, including the Confederation Parkway, the Waterfront Trail, and the Sheridan Trail.
Shopping and Amenities

Shopping is a popular pastime in Mississauga. The Square One Shopping Centre is the largest mall in Ontario, with over a million square feet of space containing everything from jewellery to designer clothes to video games. Erin Mills Town Centre and Dixie Outlet Mall or two other popular spots. The Hershey Centre is Mississauga's primary facility for sports and recreation, including hockey, figure skating, and other community groups. The city boasts an additional 25 ice pads, 163 ball diamonds, 203 soccer fields, and 87.9 kilometres of trails. Mississauga is home to the University of Toronto Mississauga campus, a Sheridan College campus, and four school boards operating more than 150 schools.
Entertainment and Attractions in Mississauga

Mississauga is host to a number of outdoor festivals and events throughout the year, such as Carassauga, Rotary Ribfest, and Mosaic. The Woodbine Racetrack is a popular attraction featuring slots, dining, and race events. The Living Arts Centre is the premiere destination for arts and cultural attractions, from orchestra performances, to theatre productions, to dance shows. For sports entertainment, check out any of Mississauga's amateur hockey, football, lacrosse, or rugby teams. And top your evening off with a gourmet meal or a night cap at one of the city's many bars and restaurants