Mississauga is a stone’s throw from nearby Toronto on Lake Ontario. At first glance, Mississauga might seem like a left-field choice for real estate investors on the search for a new property. The main appeal of the city is its proximity to nearby Toronto but at a much more relaxed pace. It’s a place that’s ideal for commuters and families alike.
Thinking of purchasing real estate in Mississauga? Here is everything you need to know about conducting your search in the sixth most populated municipality in Canada.
Named after the first group of settlers who built their homes along the banks of the Credit River in the 1700s, Mississauga is more than meets the eye. Due to its unquestionable status as one of the largest suburbs in Canada, the Mississauga’s offerings are impressive.
Here you’ll find new luxurious condo residences and affluent commercial buildings. There’s also plenty of recreational attractions and lush green space. Such areas provide the perfect way to unwind or exercise outdoors after a day of work.
Mississauga is a multicultural haven that is comprised of many small revitalized neighbourhoods, each with a unique appeal. The majority of the population of Mississauga lives and works around Burnhamthorpe Road and Hurontario Street which are both downtown.
The city’s proximity to Toronto and the airport has enticed many working professionals and corporations to set up offices in Mississauga in search of opportunity. This has created new jobs boosting the local economy.
The rise in employment has played a significant role in the dramatic population increase in Mississauga. Currently, more people commute into the city for work than those leaving the city. There are over 1,300 multinational firms in the city and 55,000 businesses. In total, this amounts to over 400,000 workers.
There are also dozens of Fortune 500 companies that have offices within the city’s borders. Job opportunities are available in many sectors. This includes telecommunications, finance, information technology, automotive, land development, pharmaceutical, and consumer products.
The real estate market in Mississauga is on the up. The new condos for sale in Mississauga include Tuscany Gates, Block Nine, Pinnacle Grand Park 2, and Ultra Ovation.
Real estate here is primarily made up of new condominiums. Luxury lofts account for 96 percent of real estate sales, followed by town townhomes accounting for 2 percent.
Condos in Mississauga are in high demand in Square One, with the majority of the condo units being two bedrooms options. It is blessed with some of the most beautiful waterfront views along Lake Ontario.
As a result, many of these offer fantastic views of the nearby water. Square One’s location in the heart of the Mississauga means that residents enjoy some of the most magnificent views in the city.
Other Famous Construction Neighbourhoods in Mississauga:
At present, Bram West in Mississauga is housing nine new condo developments, most of which are low-rise building projects. A condo here is either recently built, being planned or under construction.
Out of these nine developments, five of them are single-family homes, and the remaining four are townhouse developments.
Kaneff Corporation is one of the leading developers in the Mississauga region. Westfield, Daniels FirstHome Beckenrose 2 and Cobblestones South are amongst the popular projects in Bram West.
Eatonville is currently witnessing all high-rise developments. For anyone looking for a condo for their new home, it’s an area to check out. At present, six condominium developments are the in the region. Once completed, they will house a total of 1887 units.
Edilcan Development Corporation is the most active developer in Eatonville. Valhalla Town Square and 300 The East Mall Condos are amongst the top developments in Eatonville.
The area of Erin Mills is one of the major thoroughfares in Mississauga. The region is densely populated around Erin Mills Town Centre. Moreover, the Credit Valley Hospital, as well as the University of Toronto’s Mississauga campus, is located in this area too.
A long stroll through Rattray Marsh Conservation will uncover one of the many hidden gems in Mississauga. It’s like a walk in paradise. The scenic, peaceful trails and creeks — that are teeming with deer, birds, turtles, and other wildlife — offer a magnificent naturalistic experience. Erin Mills is one of Mississauga’s real highlights.
Currently, Clarkson is seeing a mix of both mid-rise as well as low-rise developments with four new home developments in the pipeline. Three are townhouses and the others are condos.
United Lands tops the list as a real estate developer in the region. The four developments in Clarkson are S2 at Stonebrook, The Clarkson Urban Towns, Eleven 11, Clarkson and Southdown Towns.
A total of seven three-bedroom townhouses, three condos, and one single-family home are being built in Cooksville.
Carlyle Communities are popular developers in the real estate market at present. The Huron, The Maze, Camilla towns and Jacob Cook Estates are amongst the top housing developments in the region.
Being one of the prime locations of Mississauga, Lakeview has seven new developments lined up. Both high-rises as well as low-rise developments, are in their initial phases. Four of these are condominium developments while the other three are townhouses.
Kingston Group Inc. happens to be amongst the top developers in the area. Mod Townes, Lakeview Village, Stride Towns and Rise at Stride Condos are the popular upcoming developments in Mississauga.
Mississauga City Centre in Cooksville offers some of the best accommodation. The location is ideal as it is close to Go Transit, Square One Mall, Civil Hall, and Central Library. The city has well-established neighbourhoods like the Southeast corner of Mississauga, Lakeview.
Mississauga is also home to a lot of stores and malls. This includes one of the largest shopping centers in all of Ontario. Living here, on the shores of Lake Toronto, is nothing short of amazing. Residents of all ages will truly benefit from all Mississauga has to offer.
Port Credit — which is nicknamed “Village on the Lake” — is also a great hangout spot for nature lovers. The stunning village on the shores of Lake Ontario is defined by welcoming neighbourhoods and stunning architecture.
The lakefront marina and miles of beautiful trains are a must-visit destination at Port Credit. If you’re a fan of music, then you’ll also find that there are many festivals and jazz events that are held in the village, especially during the summer seasons.
There is a Waterfront Trail which is over 740 kilometres. The trail is from Cornwall and goes till the Niagara-on-the-lake. It passes through the city of Mississauga along Port Credit. One can spend quality time walking or cycling by the trail, which offers a peaceful and calm moment in nature.
Streetsville, which is situated right in the heart of Mississauga, is also a great spot to explore. Residents who are enthusiastic about art will find plenty of exciting and inspiring pieces on display at the Mississauga Art Gallery.
There are many convenient and affordable ways to get around the city. The journey from home to work is simple and straightforward with an option to suit everyone.
The Pesto is an electronic fare card that can be used for MiWay buses and subway transit. It allows residents to move around quickly on public transportation.
MiWay buses all come equipped with ramps and offer comfortable commute to a variety of residents; even residents using scooters or wheelchairs can use the MiWay buses to get around the city.
The Toronto Pearson International Airport is also located in Mississauga. The airport caters to over one-third of the air traffic of the country. The close proximity to Mississauga makes it ideal for business and pleasure travel alike.
GO Transit is also available to all Mississauga residents making stops at favourite locations like Cooksville, Lisgar, Dixie, Erindale, Meadowvale, Erin Mills, Clarkson, Port Credit, Square One, and Streetsville.
Mississauga Transitway, which runs parallel to Highway 403, also provides another convenient way for residents to get around.
Plans are also in place to facilitate continued improvements to transportation facilities and infrastructure across Mississauga. Soon, there will be large scale construction of transportation amenities, as well as the incorporation of Hurontario LRT.
There will be a lot of route changes during the construction, but in the long haul, the overall goal is to streamline public transit routes across Mississauga.
As of late, Mississauga has developed its urban skyline with the development of multiple real estate properties. Mississauga has a strong economy with excellent infrastructure. Living in Mississauga is safe for families as it has some of the lowest crime rates in Canada.
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 condos in Mississauga provide everything you need for an excellent standard of living. 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 lakefront destinations.
Aside from nature and magnificent views, 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.
Mississauga also has iFly, which is a vertical tube where you can defy the laws of gravity. It has a diameter of four meters and is 14 meters above the ground. Experience the feeling of skydiving as the air passes at a speed of over 175 km/h lifting you right off the ground.
Condo living offers a range of benefits and amenities. Compared with a townhouse, a condo requires far less maintenance and is more secure. There are also luxury facilities in a condo such as gyms, secure parking, meeting rooms and more.
If you’re moving to Mississauga, condo living has great social aspects too. Many condo owners welcome the sense of community especially when new to the area. After all, a detached home doesn’t have the same level of interaction with neighbours as a condo does.
For a working professional, living in a condo is ideal. In a well-connected city such as Mississauga, your journey from condo to desk will be far less than other Canadian cities. As condo living is low-maintenance, you won’t return home to lots of things that need fixing or replacing as with an older home.
All in all, condo living is sublime especially in a city like Mississauga. Look forward to the hassle-free living your condo provides, as well as the stunning views across Lake Ontario.
On the search for a Mississauga condo? Get in touch with us here at Precondo and our team will get back to you.