Mississauga Condos For Sale
Sitting just west of Toronto, Mississauga is a flourishing city on the shores of Lake Ontario. With Brampton to it's north, Halton, Milton, and Oakville to it's west, Mississauga sits in a crucial urban location, and proves and essential community to the Greater Toronto Area.
Mississauga is part of the Regional Municipality of Peel - a region which stretches from Lake Ontario up to the North-Westernmost corner of the GTA, and is made up of Mississauga, Brampton, and Caledon.
The city itself is broken up into many different neighbourhoods and incorporated townships, many of which, like Port Credit and Streetsville have their own unique feel and small-town vibe.
Mississauga is central to travel within the GTA - it is the home of Lester B. Pearson International Airport, Canada's largest airport. Travel to and from the airport is simple, with the new UP Train line, which runs from the airport directly into the downtown core of Toronto with a final stop at Union station.
Other train lines include the GO Transit commuter rail, with three lines - Lakeshore West, Kitchener, and Milton. Mississaugans who work in Toronto have plenty of options with some lines providing all-day service.
Connections to these lines, and to countless other destinations within Mississauga are easy thanks to MiWay, the Mississauga Transit company. With more that 90 routes across the city, some of which connect to neighbouring communities like Oakville and Brampton.
As Mississauga continues to grow, so to do the transportation needs of the city and surrounding areas. The Hurontario LRT system is hoping to fill these gaps, and is currently in the beginning phases. The line will connect Port Credit to southern Brampton and Mississauga, but plans are not yet final.
Mississauga sits at the crossroads of some of Ontarios largest, most-used highways, nad in many ways acts as a nexus for the entire GTA. Highway 401 is one of the world's
widest and busiest freeways, and passes through Mississauga's north end. This section of the highway connects to the 403, the QEW, 409, and the 427.
Mississauga is a powerhouse, economically, within the GTA, and known throughout the region for it's plentiful job opportunities. 61 Fortune 500 Canadian head offices are found within the city, along with over a thousand other multinational firms and close to 90,000 local and national businesses.
A net importer of jobs, Mississauga has become a prime destination for commuters in the GTA, and continues to grow exponentially, especially in manufacturing sectors, professional and scientific sectors, technical services, and finance and insurance. Approximately 30,000 workers commute into the city every day, and according to a 2016 study, for every 100 residents, there were 56 local jobs.
The robust economy of Mississauga, combined with it's central location and stellar infrastructure, have made the city very attractive to international companies. TD Bank, for example, runs many of it's corporate development centres within the city, and dozens of well-known brands, like Laura Secord Chocolate, Hewlett Packard Canada, Walmart Canada, Kellogg's Canada and Panasonic Canada have head offices or national headquarters within Mississauga's borders.
There are few places in the country that are currently enjoying such a wealth of opportunity and growth - new home owners, young professionals, and any other workers need look no further than Mississauga.
Mississauga is home to a good number of post-secondary institutions. The University of Toronto has one of three campuses within Mississauga, has an enrollment of approximately 13,000 students and grows every year. The Sheridan College Business facility sits right in the heart of Mississauga, and focuses on business education, and programs to accelerate the movement of new Canadians into the workforce.
Parents will be pleased with Mississauga's elementary and secondary schools, as the city is served by 4 distinct schools boards, offering English and French and Catholic and Secular curriculums.
Mississauga has more than 480 parks and greenspaces, with 295km of trails and woodlands to explore. Streetsville Memorial Park is quiet relaxing island park within the
idyllic town of Streetsville. Catch some shade under the willow trees and take a break from the hustle and bustle of life. Etobicoke Creek Trail is distinct as well as it is a planned multi-use recreational trail along Etobicoke Creek. Countless beautiful green spaces are nestled within the city, ready to be discovered. Family barbecues, and seasonal events run throughout the summer providing countless opportunities to be captivated by the beautiful nature of Mississauga.
Mississauga is also home to a number of indoor playgrounds including Playdium, a popular indoor fun centre, Kidsports, Laser Quest, and more than 20 others.
Average household income
Mississauga has grown immensely over the past three decades, and continues to grow faster than expected. A city with seemingly unlimited potential and opportunity, families are flocking to the city and enjoying healthy incomes and employment. Average household income is $72K, and continues to rise. Average salaray sits around $51K.
Condo/ Housing trend
As Mississauga continues to grow, housing in the city is keeping pace. The average selling price of pre-construction condominiums in the city is $379K - a good number for families looking to set down roots, and for homeowners looking to invest. Prices per square foot continue to rise as demand increases, with the average sitting currently at $632.
Demand for condos in the area is high, with developers looking to build up rather than out - and dozens of new projects have been started within the past several years.