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 real estate investors looking for new condos in Mississauga. The main city centre appeal is its proximity to downtown Toronto, major highways, and easy access to Toronto University and Pearson International Airport.
Thinking of investing in a new condo in Mississauga? Let us look at everything you need to know about the sixth most populated city centre 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 new condo Sales.
You’ll find new pre contruction condos in Mississauga and affluent commercial complexes. There are also plenty of building amenities, recreational attractions and lush green spaces full of natural beauty where you can enjoy different leisure options.
The City of Mississauga is a multicultural haven that has many small rebuilt neighbourhoods and condo projects with unique appeal and large floor plans. The majority of the population of the city lives and works around Burnhamthorpe Rd W, 2475 Eglinton Ave W and Hurontario St.
Opportunities for Career Growth
Career growth is one of many reasons why a buyer would seek a pre construction condo or a fully furnished one Mississauga! The closeness of condos in Mississauga to the country’s largest airport, Toronto Pearson International Airport, and downtown is a significant benefit.
The Toronto Pearson International 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 pre construction condos more in demand.
Mississauga also offers excellent career opportunities in real estate and condo development. With expanding commercial sectors and rising property values, Mississauga attracts investors seeking profitable ventures. Condo development agents and investors find a dynamic market and promising career prospects in this thriving city.
Real Estate in Mississauga
The condominiums in Mississauga are on the up. 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 condos available in Square One District.
No wonder the area has one of the most highly sought-after condo sales in Mississauga. It is blessed with some of the most beautiful waterfront views.
As a result, many of these newer 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. No wonder the area has one of the most highly sought-after condo prices in Mississauga
New condominiums are added each year with different condo prices. The searches for information about the city speak a lot about how people would love to purchase any condo project here.
If you’re in the real estate market or the construction industry and are buying or reselling pre construction condos, now is the best time to do so.
You can take note that condo developments and condo prices in Mississauga are increasing steadily as the years pass, making the average resale condo price worth the investment.
But, the average selling price or the average rental rate of the Mississauga condos is undoubtedly worth it. This stands true, especially with the nearby sites around the greater Toronto area, such as Square One Shopping Centre, the bustling Hurontario St, 2475 eglinton ave w, Avia Condos Parkside Village Community, Dundas st w, Artform Condos, Canopy Towers, Goreway Dr, 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 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.
Condo prices in Mississauga are expected to keep rising, making it an excellent time to invest in this growing market.
Location & Accessibility
The location of the places inside the city is very convenient, making Mississauga perfect for new condos and other development projects. 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. Using the pesto card—an electronic fare card for MiWay buses and subway transit—residents can efficiently navigate public transportation.
The country’s largest airport in the northeastern corner is also located in Mississauga. The airport caters to over one-third of the air traffic in the country.
The proximity to Mississauga makes it ideal for business and pleasure travel alike.
Transit Options
The Hurontario LRT and GO Transit train on Hurontario St offer convenient commuting.
Hurontario ST train station connects Mississauga to Toronto efficiently which makes it easy to reach different parts of the city including Cooksville, Dixie, Lisgar, Erindale, Clarkson, Square One, Dundas St w, Bristol Rd e, and others.
Mississauga tranit line helps make it easier to commute around the city. It runs parallel to major highways such as Highway 403. The transit line will run along Hurontario Street, starting at Port Credit GO Station and ending at Brampton Gateway Terminal. This will make travelling through Mississauga easier and faster with the multiple route changes.
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 the 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 Celebration Square or 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 pre construction condos even away from the city centre.
Mississauga has a strong economy with excellent infrastructure. Having a home in Mississauga City Centre is safe for families as it has some of the lowest crime rates in Canada, making condo living in the city centre a delight.
With the city’s fantastic transportation and concierge 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 the 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.
MISSISSAUGA NEW CONDOS FOR SALE:
M5 Condos:
M5 Condos are new condo developments that are currently under the pre-construction phase category by Urban Capital and Rogers Real Estate Development Limited.
Arc Condos:
These pre construction condos are currently under construction at 2550 Eglinton Ave W Mississauga.
These pre construction condominiums at 2550 Eglinton Ave W Mississauga offer modern amenities with excellent value.
If you’re an investor seeking growth, 2550 Eglinton Ave W Mississauga also offers prime location benefits.
Keystone:
Keystone Condos is 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:
Bridge House at Brightwater Condos comes under the list of Mississauga new condos for sale that are currently in the pre-construction condo by Diamond Corp, Dream, Fram + Slokker Real Estate Group and Kilmer Group
Blue Condos:
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.
The new condo is sitting in a family-friendly neighbourhood; residents will find many schools, parks, and shops & much close to Blu Condos.
Voya Condos:
Developed by Amazon, it is a new development with a brand new condo development concept at 465 Burnhamthorpe Rd W Mississauga.
Burnhamthorpe Rd W central location in Mississauga provides excellent transportation links, ensuring easy commutes and connectivity to other parts of the Greater Toronto Area.
The Southlands Condos 4:
Developed by Camrose Felcorp, it is a new condo located at 77 Burnhamthorpe Rd W Mississauga.
The condos at 77 Burnhamthorpe Rd W in Mississauga offer luxurious living with modern amenities providing residents with easy access to shopping, dining, and entertainment.
With convenient transportation links and upscale facilities, these condos are a prime choice for urban living in the heart of Mississauga.
Lakeview Village Condos:
These condos in Mississauga are developed by Tridel and located at 1300 Lakeshore Rd E. It will include some of the greatest modern facilities, including open-concept layouts. The condos located at 1300 Lakeshore Rd E also offer easy access to many businesses and everyday necessities.
Real estate and property investors, are you on the search for Mississauga “coming soon” condos in Mississauga or a planned community in neighbouring cities?
FAQS
What is the Price Range of New Condos in Mississauga?
The price range of new condos in Mississauga is between $500,000 and $600,000. This applies to one room condominium units.
Are There New Condos Near Lake Ontario for sale in Mississauga?
There are new condos near Lake Ontario for sale in Mississauga. They include Brightwater Condos, Ten West Condos, Lakeshore Rd E Maze Condos, and Lake View Village Condos.
Are There Pre construction Condo Units Available Near the Mississauga City Centre?
There are pre construction condo units available near the Mississauga City Centre. A few of them include 180 Burnhamthorpe Road West Condos, ORO at Edge Towers and VOYA Condos.
What Should I Consider Before Purchasing Pre Construction Condos in Hurontario St?
When considering pre construction condos in Hurontario St, it’s important to evaluate the developer’s reputation and project management portfolio, location, total condo prices including fees, the deposit structure, expected completion dates, warranty coverage, and any resale or rental restrictions.