New Condos For Sale in Mississauga
New Condos For Sale in Mississauga
Lying at a short distance from downtown Toronto on Lake Ontario, Mississauga could initially appear like a left-field choice for investors in real estate looking for a new home. The main city appeal is its close proximity to downtown Toronto, major highways, and easy access to Pearson International Airport.
Thinking of purchasing a new realty or home in Mississauga? Let us look at everything you need to know about the sixth most populated municipality in Canada.
Mississauga Condos: An Overview
The vibrant city near the lake of Ontario and downtown Toronto was named after the first group of settlers who built their homes along the Credit River Trails in the 1700s. Mississauga is one of the prominent suburbs in Canada with lucrative Pre-Construction Condo Sales Mississauga offers.
Here you’ll find new condos and affluent commercial complexes. There’s also plenty of recreational attractions and lush green space full of natural beauty. Such areas provide the perfect way to unwind or exercise outdoors after a day of work.
The City of Mississauga is a multicultural haven that has many small rebuilt neighbourhoods with unique appeal. The majority of the population of the city lives and works around Burnhamthorpe Road and Hurontario St, which are both in downtown.
Opportunities for Career Growth
Career growth is one of many reasons why a buyer would seek condos in Mississauga! The closeness of Mississauga condominiums to the country’s largest airport, Toronto Pearson International Airport, and downtown is a significant benefit. It is located north of the city and provides domestic and international flights.
The rise in employment has led to a major increase in the population in Mississauga. There are 1,300+ MNCs in the city and 55,000 businesses.
In total, this amounts to over 400,000 workers. There are also dozens of Fortune-500 organisations that have offices within the city’s borders. Job opportunities are available in many sectors, making condos more in-demand.
Real Estate in Mississauga
The condominiums in Mississauga are on the up. In Mississauga, you will find various residential condos for sale. To name a few include Block Nine, Ultra Ovation, Pinnacle Grand Park 2, and Tuscany Gates.
The new condo developments include luxury lofts. These account for 96 percent of Mississauga real estate market sales, followed by townhomes accounting for 2 percent. There are many two-bedroom new condo units available in Square One District.
No wonder the area has one of the highly sought-after condo sales in Mississauga. It is blessed with some of the most beautiful waterfront views.
As a result, many of these new condos in Mississauga offer fantastic views of the nearby water. Square One District’s location is within the heart of Mississauga, which means homes with one of the most magnificent views in the city.
New condominiums are added each year. The searches for information about the city speak a lot about how people would love to purchase any condo project here. Whether you’re reselling condos or looking to live in the city, the best time to grab one is as soon as possible.
If you’re one of them, you can take note that condo prices in Mississauga are increasing steadily as the years pass, making the average resale condo price worth the investment.
But, the average price or the average rental rate of the Mississauga condos is undoubtedly worth it. This stands true, especially with the nearby sites, such as Square One Shopping Centre, the bustling Hurontario St, Eglinton Ave, Avia Condos Parkside Village Community, Artform Condos, Canopy Towers, Edge Towers, and more.
New Mississauga condos
Here are other famous coming soon new Mississauga condos. Take a look at them if you plan to go out for a drive around the city:
- Bram West (coming soon)
- Eatonville (coming soon)
- Erin Mills Town Centre, at Glen Erin Dr, near Credit Valley Hospital (coming soon)
- Clarkson (coming soon)
- Cooksville (coming soon)
- Lakeview DXE Club Condos (coming soon)
- Mississauga City Centre (coming soon)
- Port Credit (coming soon)
- Streetsville (coming soon)
Investing in Mississauga Condos
The average rental fee for each Mississauga condo unit is $2,200 at the moment. This is on top of a 3.9 percent rental appreciation rate over the last ten years. The vacancy rate for condominiums is now at 0.8 percent, indicating that demand is still robust.
In Mississauga, all pre-construction home types have an average price per square foot of $890. The average appreciation rate for pre-construction phase houses has been 7.6% for the last ten years.
In the City of Mississauga, the average selling price for all house types is now about $881,769. For the last ten years, the average appreciation rate for resale condos has been 8.1 percent. The figures are great, considering the current market trends, making the city a good choice for real estate investment.
Location & Accessibility
The location of the places inside Mississauga is very convenient, making them perfect for new condos in Mississauga. Also, there are affordable ways to move around the city, even when going to the Square One shopping centre. The journey from home to work is straightforward, with an option to suit everyone.
And if you worry about getting lost, having a map should come in handy.
The MiWay bus service has ramps and offers easy commuting to all types of residents, regardless of the location of the condos Mississauga housing developments.
The country’s largest airport in the north eastern corner, is also located in Mississauga. The airport caters to over one-third of the air traffic in the country.
The close proximity to Mississauga makes it ideal for business and pleasure travel alike.
There is also GO Transit available in Mississauga, which makes it easy to reach different parts of the city. A few significant areas include Cooksville, Dixie, Lisgar, Erindale, Clarkson, Square One, and others.
Mississauga Transitway helps make it easier to commute around the city. It runs parallel to major highways such as Highway 403. This fact means you have no problems getting into a master planned community.
There are also plans for continuous improvement in transportation and infrastructure amenities all across Mississauga. The day is not far when there will be major construction of other transportation facilities along with Hurontario LRT. This situation ensures more housing developments in the future.
Entertainment in Mississauga
There is an entertainment complex in Mississauga called Playdium. The complex has multiple arcade games along with numerous other attractions. Playdium also has a miniature golf course along with a laser maze and one of the longest tracks for Go-Karting in Canada with cross country skiing. You can also visit the Living Arts Centre for something more refined.
Experience the feeling of skydiving as the air passes at a speed of over 175 km/h lifting you right off the ground with iFly.
Living in Mississauga
As of late, Mississauga has developed its urban skyline with many Mississauga condo development projects even away from the city centre.
Mississauga has a strong economy with excellent infrastructure. Having a home in Mississauga is safe for families as it has some of the lowest crime rates in Canada, making condo living a delight.
With the city’s fantastic transportation services, there is no reason why you shouldn’t explore all the city has to offer. Regardless of your hobbies and interests, the Mississauga condos provide everything you need for an excellent living standard of condo. Making a home for yourself here has so much to offer.
Mississauga as a whole is a city of arts, music, sports, shopping, and entertainment. Mississauga is packaged as one of Canada’s most magnificent Lake Ontario’s lakefront destinations on the north shore.
The average resale price is rising. You will surely get the value of the condo prices you paid for. Visit the Living Arts Centre to have a look at some of the stunning art pieces.
M5 Condos is a new development that is currently under the pre construction phase category by Urban Capital and Rogers Real Estate Development Limited.
This is a new condo development. These pre construction condos are currently under construction at 2550 Eglinton Ave W Mississauga.
Keystone Condos situated at 202 Burnhamthorpe Road East, at a major intersection of Hurontario Street, it is located in a prime area that is witnessing a high rate of urban development and dynamic growth.
Bridge House at Brightwater Condos comes under the list of Mississauga new condos development that is currently in the pre construction condo by Diamond Corp, Dream, Fram + Slokker Real Estate Group and Kilmer Group
Blue Condos is a new development that is currently in the pre construction stage by City Park Homes, located at 1381 Lakeshore Rd E Mississauga. Sitting in a family-friendly neighbourhood, residents will find many schools, parks, shops & much more close to Blu Condos.
Developed by Amacon, it is a new development with brand new condo development concept at 465 Burnhamthorpe Rd W Mississauga.
The Southlands Condos 4:
Developed by Camrost Felcorp, it is located at 77 Burnhamthorpe Rd W.
These condos are developed by Tridel and located at 1300 Lakeshore Rd E. It will include some of the greatest modern facilities, including open concept layouts and easy access to many businesses and everyday necessities.
Real estate investors, are you on the search for Mississauga “coming soon” condos or a planned community in neighbouring cities?