By Irina Marchenkova, Sales Representative, RE/MAX Realtron Realty · Senior Real Estate Specialist (SRES®) · Last updated September 2026
Mississauga is Canada’s seventh-largest city and Toronto’s neighbour to the west. It combines a busy downtown around Square One, the lakeside village of Port Credit, historic Streetsville and many family-friendly suburbs, along with Pearson Airport and major employers.
This guide covers Mississauga’s neighbourhoods, homes and prices, transit, schools, lifestyle and the honest pros and cons.
Neighbourhoods Prices Market Costs Transit Schools Checklist FAQ
Mississauga at a glance
- Where: Peel Region, directly west of Toronto along Lake Ontario
- Homes: Condos, townhouses, semis and detached homes, from lakefront estates to newer suburbs
- Getting to Toronto: GO Lakeshore West and Milton lines, MiWay and the Mississauga Transitway, Highways 401, 403, 407 and the QEW
- Best for: Families, commuters, airport workers and condo buyers
- Big draws: Port Credit, Square One, the waterfront and strong local employers
Why people choose Mississauga
A big-city downtown. Mississauga City Centre has Square One, Celebration Square, condos and entertainment.
Waterfront villages. Port Credit and Lorne Park offer marinas, lakeside parks and boutique shopping.
Jobs and the airport. Pearson Airport and major corporate offices mean many residents work close to home.
Good value. Mississauga’s benchmark prices sit below Toronto’s, especially for detached homes.
Many of my clients compare Mississauga with west-end Toronto. I help them weigh commute, schools and the specific street, because a great Mississauga neighbourhood can offer much more space for the same budget.
— Irina Marchenkova
Mississauga neighbourhoods
Popular Mississauga neighbourhoods include:
City Centre
Mississauga’s downtown around Square One, with high-rise condos, Celebration Square and major shopping.
Port Credit
A lakeside village with a marina, boutique shops, restaurants and Port Credit GO station.
Meadowvale
A family-oriented community with a mix of homes, lakes, trails and Meadowvale GO station.
Streetsville
A historic village with a charming main street and GO access on the Milton line.
Lorne Park & Mineola
Prestigious neighbourhoods near the lake with large lots and luxury homes.
Erin Mills & Churchill Meadows
Newer family suburbs with well-regarded schools, parks and shopping.
Homes and prices in Mississauga
Mississauga’s housing includes:
- Condominiums in City Centre, Port Credit and along major corridors
- Townhouses and semis across the city
- Detached homes from the 1960s to newer builds
- Luxury lakefront homes in Lorne Park, Mineola and Port Credit
Mississauga benchmark prices (August 2026)
Here’s how Mississauga compares with Peel Region and the City of Toronto:
| Area | All homes | Detached | Semi-detached | Townhouse | Condo apt. |
|---|---|---|---|---|---|
| Mississauga | $874,400 | $1,252,700 | $872,700 | $692,800 | $496,000 |
| Peel Region | $871,200 | $1,117,000 | $805,400 | $668,200 | $483,100 |
| City of Toronto | $918,400 | $1,437,900 | $1,127,200 | $717,200 | $547,400 |
Benchmark prices describe a “typical” home and can differ from any individual sale. A typical detached home in Mississauga was benchmarked about $185,000 below the City of Toronto figure in August 2026, and the composite benchmark was down 4.65% year over year. Ask me for recent sold prices on any street.
Thinking of selling? Get a free home evaluation and I’ll show you what comparable homes near you have actually sold for.
Market snapshot
Here’s how many homes sold and at what prices in August 2026, for all home types combined:
| Area | Homes sold | Average price | Median price |
|---|---|---|---|
| Mississauga | 435 | $898,510 | $842,000 |
| Peel Region | 940 | $908,415 | $850,000 |
| All TRREB (GTA) | 5,057 | $993,410 | $850,000 |
Across the whole GTA in August 2026, homes sold for about 97% of their final list price on average and spent an average of 35 days on the market. GTA sales were down 2.1% from a year earlier and the average price was down 2.7%, so buyers have more choice and negotiating room than in recent years. For the latest numbers on a specific street or building, ask me for a free market report.
What it costs to buy in Mississauga
Land transfer tax
Mississauga is outside the City of Toronto, so buyers pay only Ontario’s land transfer tax, not the extra Toronto municipal tax. Here’s what that looks like at typical prices:
| Example purchase | Ontario LTT | First-time buyer pays |
|---|---|---|
| Detached home at $1,250,000 | $21,475 | $17,475 |
| Condo apartment at $500,000 | $6,475 | $2,475 |
First-time buyers can get a refund of up to $4,000 on the Ontario land transfer tax. You (and your spouse) must never have owned a home anywhere in the world. Land transfer tax is paid on closing, on top of your down payment, so budget for it along with legal fees, title insurance and moving costs.
Property taxes
Mississauga’s residential property tax rate is 1.088% (2026 rate, City of Mississauga By-law 0061-2026), or about $1,088 a year for every $100,000 of assessed value. In Ontario, property tax is based on your home’s MPAC assessed value, which is still based on January 1, 2016 values and is usually well below today’s market price. You can find a home’s assessment on its latest tax bill or through MPAC.
| MPAC assessed value | Approximate yearly property tax |
|---|---|
| $400,000 | $4,352 |
| $600,000 | $6,528 |
| $800,000 | $8,704 |
| $1,000,000 | $10,880 |
Getting around
- GO Transit: Lakeshore West line (Port Credit, Clarkson) and Milton line (Cooksville, Erindale, Streetsville, Meadowvale and more).
- Mississauga Transitway: A bus rapid transit corridor across the city’s midsection.
- MiWay: Local bus service throughout the city.
- Hazel McCallion Line (under construction): A light rail line along Hurontario Street from Port Credit to Brampton.
- Driving: Highways 401, 403, 407, 410 and the QEW, with Pearson Airport on the city’s eastern edge.
Schools and family life
Mississauga is served by the Peel District School Board and Dufferin-Peel Catholic District School Board, with French-language options through Viamonde and MonAvenir. Check each board’s school locator for a specific address.
The University of Toronto Mississauga and Sheridan College‘s Hazel McCallion campus are here, and Trillium Health Partners runs the city’s major hospitals.
Child care
Licensed child care in Ontario is far more affordable than it was a few years ago. At centres enrolled in the Canada-wide Early Learning and Child Care program, fees for children under 6 are capped at $22 a day in 2026, and families with lower incomes can apply for a fee subsidy that reduces the cost further. (The long-promised $10-a-day average has not yet been reached in Ontario.)
In Peel, the Region manages child care fee subsidies. You choose the licensed centre or home child care agency, and the subsidy helps with the cost.
My tip: get on waitlists as early as possible, ideally several months before you move or before parental leave ends, and ask each centre whether it’s enrolled in the reduced-fee program.
- Ontario: Find and pay for child care: search licensed centres province-wide and learn about fee subsidies
- Region of Peel: Child Care Subsidy: eligibility and online application
Parks, shopping and things to do
- Port Credit: the marina, lighthouse, waterfront trail and restaurants
- Square One and Celebration Square events
- Rattray Marsh and the waterfront parks
- Credit River trails and Erindale Park
- Streetsville: village shops and festivals
- Living Arts Centre: performances and exhibitions in City Centre
- Kariya Park: a Japanese garden near Square One
- The Riverwood Conservancy: gardens and trails along the Credit River
- Heartland Town Centre: one of Canada’s largest open-air shopping centres
- Port Credit waterfront: the lighthouse, marina and waterfront festivals
Pros and cons of living in Mississauga
Pros
- Lower prices than Toronto for similar homes
- Waterfront villages and parks
- Strong local job market
- GO train and highway access
- Wide choice of neighbourhoods and home types
Cons
- Car-dependent in many suburbs
- Highway traffic at rush hour
- LRT construction along Hurontario
- Condo supply can be high in City Centre
- Longer commute to downtown Toronto
Before you buy in Mississauga: local checklist
Every area has its own rules and quirks. Here’s what I check with buyers in Mississauga:
- Additional residential units: Mississauga requires basement and other additional units to meet its rules, so confirm a unit is legal.
- Short-term rentals: Mississauga licenses short-term rentals, which are limited to principal residences.
- Conservation areas: properties near the Credit River, Etobicoke Creek or the lake may be regulated by Credit Valley Conservation or the TRCA.
- LRT construction: check how Hazel McCallion Line work may affect homes along Hurontario.
- Condos: always review the status certificate, reserve fund study and any upcoming special assessments before you firm up an offer.
- Non-Canadian buyers: check the current federal foreign-buyer rules and Ontario’s Non-Resident Speculation Tax before making an offer.
Buying or selling in Mississauga with Irina
I’m a RE/MAX Realtron Realty Sales Representative and Senior Real Estate Specialist (SRES®). Whether you’re buying a condo near Square One, a family home in Meadowvale or a lakeside home in Port Credit, I’ll give you honest, local advice about Mississauga, in English or Russian.
- Buying with Irina: how I help buyers find the right home and negotiate well
- Selling with Irina: pricing, preparation and marketing that gets results
- Pre-construction: new condos and homes across the GTA
- Free home evaluation: find out what your home is worth today
Call or text 416-846-8064 or email irina@loveurlife.ca, or send me a message below.
Mississauga real estate FAQ
How much does a house cost in Mississauga?
In August 2026, TRREB’s benchmark price for a typical detached home in Mississauga was $1,252,700. Semi-detached homes were around $872,700, townhouses around $692,800 and condo apartments around $496,000.
Is Mississauga cheaper than Toronto?
Generally, yes. A typical detached home in Mississauga was benchmarked about $185,000 below the City of Toronto figure in August 2026, and buyers pay only the Ontario land transfer tax.
When will the Hurontario LRT open?
The Hazel McCallion Line is under construction along Hurontario Street from Port Credit to Brampton. Metrolinx has not announced an opening date.
What are the best Mississauga neighbourhoods for families?
Erin Mills, Churchill Meadows, Meadowvale, Streetsville and Lorne Park are popular with families for their schools and parks.
How do you commute from Mississauga to Toronto?
GO trains on the Lakeshore West and Milton lines run to Union Station, and Highways 401, 403 and the QEW connect by car.
Useful links
Official sources and local resources I recommend to buyers and sellers (links open in a new tab):
- City of Mississauga
- Mississauga property tax rates: 2026 rates
- Ontario first-time buyer land transfer tax refund
- MPAC: look up a property’s assessed value
- Peel District School Board
- Dufferin-Peel Catholic District School Board
- Fraser Institute school rankings: compare Ontario school results
- MiWay: Mississauga transit
- GO Transit: regional trains and buses
- Hazel McCallion Line (Metrolinx): LRT project updates
- Credit Valley Conservation: check if a property is in a regulated area
- Toronto and Region Conservation Authority (TRCA): check if a property is in a regulated area
- TRREB Market Watch: monthly GTA sales and price data
Explore nearby areas
- Etobicoke: just east
- Brampton: to the north
- West Toronto: High Park and the Junction
- Vaughan: York Region to the northeast
- All area guides: every neighbourhood guide in one place
- Interactive map: see every area on one clickable map