About Mississauga
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.
For Sellers
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Based on properties for sale & sold — rentals not included. Figures are a monthly rollup covering September 2026, refreshed with each MLS® sync — shown as of September 18, 2026.
Bedrooms
Mississauga currently has 776 active condo apartments for sale with a median list price of $522.5K, averaging 55 days on market. With 6.2 months of inventory on 55 recent sales, this is currently a buyer's market. Median sold prices are -18.9% compared to a year ago. Recent sales closed at an average of 96% of asking price.
Buyer's market
6.2 months of inventory
776
Number of homes currently for sale in this area.
$522.5K
The middle asking price among active listings -- half are listed higher, half lower.
$631
Median list price divided by square footage, for comparing across different unit sizes.
55
Average number of days active listings have been on the market.
| Metric | Current |
|---|---|
| Active listings | 776 |
| Median asking price | $522.5K |
| Average days on market | 55 |
| Months of inventory | 6.2 mo |
| Recent sales | 55 |
| Sale-to-list ratio | 96% |
| YoY median sold-price change | -18.9% |
Price trend
Median asking price against median sold price, by month.
-18.9%
Median sold price this period compared to the same month last year.
What actually sold
Closed sales — the figures above describe homes still on the market.
$430.0K
The middle sold price among closed sales this period -- half sold for more, half for less.
$570
Median sold price divided by square footage, for comparing across different unit sizes.
6.2 mo
How long it would take to sell all current listings at the recent sales pace. Lower favors sellers, higher favors buyers.
27%
Homes sold this period as a share of new listings -- a higher ratio signals stronger demand.
96%
Average sold price as a percentage of asking price. Above 100% means homes are selling over asking.
55 sold in the last 24 months · median $430.0K · 96% of asking
Market statistics are aggregate estimates compiled from TRREB (Toronto Regional Real Estate Board) MLS® data via the PropTx IDX/VOW feed. Deemed reliable but not guaranteed accurate, provided for general informational purposes only, and not a substitute for a professional appraisal, inspection, or investment advice. No liability is assumed for any errors or omissions.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Browse Mississauga Condos by Neighbourhood
downtown Mississauga around Square One, Celebration Square and the City Centre transit hub
the Hurontario corridor through central Mississauga, on the new Hazel McCallion LRT
a master-planned west-Mississauga community around Erin Mills Town Centre
a large master-planned community in west Mississauga near the Credit River
a historic, diverse crossroads community at Hurontario and Dundas
a historic southwest-Mississauga village near the lake and Clarkson GO
a newer master-planned family community in west Mississauga
Mississauga FAQ
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.