Renting a Condo in Mississauga
Mississauga's condo rental market is concentrated in a handful of transit-connected hubs, each with a different feel. City Centre / Square One is the largest and most active, built around the Square One Shopping Centre, the Living Arts Centre, and the MiWay bus terminal, with the Hurontario LRT under construction to connect it directly to Brampton and the future Cooksville GO. Port Credit offers a lower-rise, lakefront alternative with its own GO station and a walkable village core. Erin Mills and Cooksville add more affordable, still transit-adjacent options along the Cooksville and Erindale GO lines.
What to expect when applying
Ontario landlords typically request a completed rental application, proof of employment or income, a credit check, and references from a previous landlord before offering a lease — this is standard practice, not specific to any one building. Most condo leases in Mississauga are 12-month terms using the province's standard lease form, and many buildings require a separate move-in/move-out elevator booking with the property management company.
Why work with us
We work Mississauga's rental market building by building, not just by MLS filter — which corridor is walkable to which GO station, which buildings allow month-to-month after the first year, and which have rental caps that affect availability. Browse the live listings below, or reach out and tell us your commute and budget and we'll flag matches as they hit the market.
Mississauga currently has 813 active condo apartments for sale with a median list price of $525.0K, averaging 57 days on market. With 5.9 months of inventory on 97 recent sales, this is currently a balanced market. Median sold prices are -4.9% compared to a year ago. Recent sales closed at an average of 97% of asking price.
97 condo apartments sold in Mississauga in August at a median of $490.0K. Sales closed at an average of 97% of asking price. Median sold prices are -4.9% compared to a year ago.
Do I need a guarantor to rent a condo in Mississauga?
Not always — it depends on your income relative to the rent and your credit history. Landlords commonly ask for a guarantor when an applicant is new to Canada, self-employed with variable income, or a student without established credit.
Is parking included in condo rentals in Mississauga?
It varies by building and unit — some leases include one parking spot and a locker, others charge extra or don't offer parking at all in smaller-footprint newer buildings. Always confirm what's included before applying, not just the base rent figure.
How much notice does a landlord need to give to end a tenancy in Ontario?
It depends on the reason — Ontario's Residential Tenancies Act sets different notice periods for different situations (e.g., landlord's own use, non-payment, end of a fixed term). A local realtor or paralegal can confirm the specific notice period for your situation.
Can I rent a condo in Mississauga on a short-term lease?
Most condo corporations' declarations restrict rentals to a minimum term (commonly 12 months, sometimes longer) and prohibit short-term/Airbnb-style rentals entirely — confirm the specific building's rental rules before assuming a shorter lease is possible.
