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According to the March 2019 real estate reports, there are 469 active condo listings on the market. The number of new listings that were put up on the real estate market of Mississauga is 515, a increase of 25% over the number of new listings on the market in March 2018. The number of active listings on the real estate market of Mississauga reflected an increase of 28% 224 condos were sold on the real estate market of Mississauga in the period between February 24 and March 24 2019. This figure was a 7% decrease from the number of condos sold in the real estate market of Mississauga in March 2018. These condos were sold at 99.68% of their asking price.
Known as the largest suburb in Toronto and the sixth most populated city in Canada, Mississauga is located to the west of Toronto. The city is spread across a land of over 280 square kilometers. Mississauga is also located on the shores of Lake Ontario. This city is especially known as a growing one with a thriving business scene and a variety of historic structures. Mississauga is also the of the busiest and busiest airport in Canada, Lester B. Pearson International Airport. Mississauga is known for historic structures and villages such as Port Credit. Port Credit currently serves as a heritage conservation center, and the village dates back to the 18th century. Port Credit otherwise known as the Village on a Lake has the perfect old town feel with facilities such as a marina and walkways and trails. Port Credit also hosts the Waterfront festival and the Port Credit In-Water Boat Show. The Waterfront Trail which goes through Port Credit is a notable destination for outdoor activities. The trail has a length of 740 kilometres and spans from Cornwall to Niagara-on-the-lake. Port Credit is also known for its restaurants where one can experience the best of cuisine of the city.
Mississauga is also a shopping hub with a variety of shopping amenities including the second largest shopping mall in Canada and the largest shopping mall in Ontario. Square One Shopping Centre has about 360 shopping spaces and is located in Downtown Mississauga. Square One Shopping Centre is located close to the main bus terminal of Mississauga. The abundant greenery of Mississauga is also notable. Closest location to Toronto, Mississauga city has over 360 parks which include small parks and the larger parks with a variety of recreational facilities. One of the notable parks in Mississauga is Jack Darling Memorial Park which is located along the waterfront. Jack Darling Memorial Park also holds a beach as well as walking trails and massive picnic areas. Wahoosh Falls is another natural appeal of Mississauga. Although a small waterfall, Wahoosh Falls is known for its high natural appeal. The waterfall is more like a secret which can be accessed through a walking trail and is situated just behind University of Toronto Mississauga. Fishing is also a major recreational activity in Mississauga and the fishing hotspots are Lake Ontario and Credit River. .
University of Toronto Mississauga is one of the three campuses of University of Toronto and is located in Mississauga. The university has 15 departments and a student population of about 13,200. University of Toronto Mississauga also holds Mississauga Academy of Medicine. Other notable educational facilities include a campus of Sheridan College which has a student population of about 5,000. The elementary and secondary schools in Mississauga include anglophone and francophone public and Catholic schools. There are also private elementary and secondary schools in Mississauga. These schools are run by boards which include Peel District School Board, Dufferin-Peel Catholic District School Board, Conseil scolaire de district catholique Centre-Sud and Conseil scolaire Viamonde. The schools in Mississauga also offer specialized programs, and schools that offer such programs include Applewood Heights Secondary School and Streetville Secondary School.
The city of Mississauga is also known for its thriving arts community. The Art Gallery of Mississauga is one of the notable locations in the city where one can the vibrant art community of city. Several exhibitions and events are held at the Art Gallery Of Mississauga and there is a permanent collection that includes the works of local as well as international artists. Neighbourhoods such as Streetville are some of the unique features of Mississauga. Streetville is especially known for keeping its small town feel as well as the numerous festivals held in the neighborhood. The festivals that are peculiar to Mississauga include Bread and Honey Festival which takes place in June, a Canada Day celebration which occurs on July 1st and Santa Claus Parade that takes place in December. Streetville is also known as the home of several historic buildings. Fun activities in Mississauga revolve around entertainment facilities such as Playdium. Playdium spans across 11 acres of land and comprises an arcade as well as other fun amenities. There are outdoor as well as indoor sporting and fun facilities in Playdium. These facilities include stimulated rides and an 18-hole miniature golf course. Golf is a major recreational and sporting activity in Mississauga. There are also several golf courses in the city. The golf courses include BraeBen Golf Course and Lakeview Golf Course which has a championship 18-hole course as well as a 9-hole course. Lakeview Golf Course has an 18-hole course and has hosted the Canadian Open on two occasions.
Mississauga is known as one of the most booming cities in the GTA. It is the home of several businesses which contribute to the economy of the city. The organization that are domiciled in Mississauga include Royal Bank of Canada and TD Bank. It is also noteworthy that over 60 Fortune 500 companies have their global or Canadian head offices in Missassauga. The major contributors to the economy of Mississauga include the banking and finance industry as well as the pharmaceuticals, aerospace and equipment industries. Organizations that have their head offices in Mississauga include Walmart Canada, Net Suite and Air Georgian..
As a fast-growing and multicultural city, the real estate market of Mississauga has been influenced by the growth of the city's population. Reports have shown that in the last 25 years, the population of Mississauga has doubled. When compared with the real estate market of 22 other locations within the Greater Toronto Area, the real estate market of Mississauga was ranked as the 15th most expensive real estate market. Other rankings of the Mississauga real estate market amongst 23 locations in the GTA include the second fastest selling, the market with the fourth highest turnover, as well as the 8th fastest growing.
Mississauga has 22 neighborhoods with the different neighborhoods giving off unique appeals. The neighborhoods of Mississauga include Applewood, Central Erin Mills, Churchill Meadows, Credit Valley, Clarkson/Lorne Park, Cooksville, East Credit, Erin Mills, Erindale, Fairview, Hurontario, Lakeview, Lisgar, Malton, Meadowvale, Meadowvale Village, Mineola, Mississauga Valleys, Port Credit, Rathwood, Sheridan and Streetville. The Port Credit neighborhood is known for its old town feel. The Street ville neighborhood is also known for its small town feel as well as the rich history and display of culture. The Dixie neighborhood is the hottest neighborhood in Mississauga, according to reports on the activities in the real estate market of the city for March 2019. The reports showed that 100% of the houses were sold under days and 100% of the houses sold in Dixie were sold above the asking price.
The style of houses on the Mississauga real estate market include detached homes, townhouses and condos. The detached homes available on the real estate market of Mississauga range from two-bedroom detached homes to five-bedroom detached homes. The average cost of a detached home in Mississauga according to the March 2019 reports is about one million dollars. There are also townhouses available on the real estate market of Mississauga. These townhouses range from those with one bedroom to those with four bedrooms. The average price of townhouses on the real estate market of Mississauga is $674,000. Condos are also a booming trend available on the Mississauga real estate market, ranging from those with one bedroom to those with three bedrooms. The average cost of condos of the Mississauga real estate market is $450,000.
