Mississauga Condo Rankings

amica condo residence mississauga
Amica condo residence Mississauga

Condo Rankings in Mississauga

Mississauga has over 150 high-rise condominium buildings within its borders. What was once a sleepy suburb of Toronto has become a vibrant city in its own right. If you are looking at Mississauga condos for sale, sometimes it’s hard to make an informed decision as to which one. With so many condos to choose from, its hard to know which ones are best. How do you establish a system of condo rankings? What are the best Mississauga condo buildings?

one park tower mississauga condo
One Park Tower Mississauga condo

Average Price per Square Foot

There are different ways to evaluate which condos are best in Mississauga. Today we will look at a specific data point: what is the average price per square foot for the various buildings? But first a little background.

Mississauga has a great variety of high-rise condo apartments to choose from. Some are legacy buildings from the 1980’s and even the 1970’s. Some are brand new. Many have elaborate amenities, and some have none to speak of.

Old Condos vs. New Condos

This is a classic argument. Which is better, older condos or newer condos? Each have their pros and cons.

Older condos are, well, older, so plumbing, electrical, elevators, common areas, etc., are all going to show varying shades of use.

Maintenance fees are also typically higher than with newer condos, because they have had more time to slowly increase with inflation.

The plus side for older condos is that they are often much larger than new condos. Condos built in the 1970s, 1980s, and 1990s are often 1000 square feet or larger. New condos are typically 600 square feet or slightly more, depending on the number of bedrooms.

Older condos are often cheaper than their newer counterparts, so that is also a big consideration. And one thing to remember is that an older condo apartment can always be renovated and updated.

New condos, on the other hand, have elaborate amenities that older condos just can’t match. The apartments are indeed smaller, but everything is shiny and new. They sell at a higher price point, but it is human nature to be attracted to modern, luxury features. The buildings are often taller than older condos, and many have terrific views.

Almost all new condos in Mississauga have balconies. There was a time, however, back in the 1980’s and early 1990’s when balconies were rare. So often times, older condos are lacking a balcony. One more thing to consider, if balconies are important for you.

Demographics

We can compare the demographics of who lives in each building. For example, many of the newer towers have younger residents who are in their 20’s and 30’s. Many of the older condos have original owners from 30 or 40 years ago.

Do Condo Amenities Affect Price?

There are luxury buildings in Mississauga with every conceivable amenity, and prices that match. Some of the amenities which we often see in Mississauga condos:

  • Indoor and outdoor swimming pools
  • Sauna
  • Whirlpool
  • Gymnasium
  • Fitness centre
  • Party rooms
  • Games rooms
  • Media rooms
  • Guest Suites
  • Visitor Parking
  • Concierge
  • BBQ areas
  • Rooftop areas with gardening plots
  • Bowling alleys
  • Climbing walls
  • Tennis courts
  • Squash and racquetball courts
  • Library
  • Yoga room

The presence or absence of amenities can effect sale prices, and therefore condo rankings.

Price Differences by Location

When evaluating Mississauga condos for sale, location is another factor to consider. While the vast majority of Mississauga condos are located in the Square One City Centre district, there are also significant pockets of towers in Erin Mills, the Hurontario corridor, and Mississauga Valleys.

Location is important for anyone commuting by car, and access to transit hubs is also an attractive feature. A condominium that has convenient access to either of these will always sell at a premium.

Close access to good schools, shopping, entertainment, and parks are additional important considerations when choosing which condo to buy.

Check out our many individual condo profile pages as we go into depth on all these topics.

wesley tower 2nd highest ranked condo in mississauga
Wesley Tower 2nd highest ranked condo in Mississauga

Condo Prices in Mississauga

Today we are going to focus on one of the most interesting data points that we can measure: the price per square foot that was realized when a condo unit is sold, and then compare that number to sales at other condos.

This data can be revealing, but it’s important to remember a few caveats.

  • New condos sell at a higher price point than older condos
  • Older condos often have higher maintenance fees than newer condos, and the higher fees often have a limiting effect on the purchase price
  • One bedroom units sell for a higher price per square foot than two or three bedroom units. For example, even though the sale price of a three bedroom apartment will be higher overall than a one bedroom apartment, the price per square foot will often be higher for the one bedroom
  • Location matters. Condos in the Square One area sell at a higher price point than those in Erin Mills. And condos near the lake, as in Port Credit, sell for even higher prices
  • Condos that are on the higher floors of the building usually sell for more than those on the lower floors
  • The prices we are reviewing here are averages only, and are current as of March, 2023. With the huge change in the market that we experienced last year, further changes either up or down can be expected.

With all this in mind, here are the numbers. We are including high and mid-rise condo apartments only, i.e. no townhouses.

Best condos in Mississauga

NameAddressPrice per Sq Ft
TANU21 Park St E.$1,072/sqft
Wesley Tower at Daniels City Centre4065 Confederation Parkway$1,064/sqft
Block Nine North Tower4085 Parkside Village Drive$1,041/sqft
Block Nine South Tower4055 Parkside Village Drive$1,041/sqft
The Regatta Ⅱ80 Port St E.$1,027/sqft
The Park Residences at Parkside Village4099 Brickstone Mews$1,019/sqft
Arc Erin Mills2520 Eglinton Ave W.$1,018/sqft
The West Tower - Daniels Erin Mills2560 Eglinton Ave W.$996/sqft
Grand Mirage349 Rathburn Rd W.$985/sqft
Crystal55 Eglinton Ave W.$983/sqft
The Grand Residences at Parkside Village4070 Confederation Parkway$981/sqft
Perla Towers35 Watergarden Dr.$974/sqft
Limelight North Tower360 Square One Dr.$968/sqft
Limelight South Tower365 Prince of Wales Dr.$958/sqft
NOLA8 Ann Street$930/sqft
Mississauga Square8 Nahani Way$927/sqft
Chicago383 Prince of Wales Dr$920/sqft
No 1 City Centre Condos33 Elm Dr W.$918/sqft
Capital Towers4090 Living Arts Dr.$913/sqft
Grand Ovation310 Burnhamthorpe Rd W.$904/sqft
Downtown Erin Mills 24655 Glen Erin Dr.$902/sqft
Capital Towers4080 Living Arts Dr.$902/sqft
One Park Tower388 Prince of Wales Dr.$901/sqft
Amber Condos5025 Four Springs Ave.$898/sqft
PSV1 Condos4011 Brickstone Mews$894/sqft
The Regatta65 Port St E.$891/sqft
The Residences of Strathaven55 Strathaven Dr.$890/sqft
Eve Condos3515 Kariya Dr.$889/sqft
Pinnacle Grand Park3985 Grand Park Dr.$884/sqft
Miracle in Mississauga4900 Glen Erin Dr.$883/sqft
CityGate II220 Burnhamthorpe Rd W.$882/sqft
Mills Square4699 Glen Erin Dr.$881/sqft
Pinnacle Grand Park 23975 Grand Park Dr.$881/sqft
Downtown Erin Mills4633 Glen Erin Dr.$878/sqft
Erin Square4655 Metcalfe Ave.$874/sqft
The Residences at Parkside Village4065 Brickstone Mews.$871/sqft
Condos on Broadway215 Broadway St.$870/sqft
Papillon Place4879 Kimbermount Ave.$865/sqft
Ultra Ovation330 Burnhamthorpe Rd W.$861/sqft
Papillon Place Ⅲ4850 Glen Erin Dr.$860/sqft
The Capri1359 Rathburn Rd E.$855/sqft
One City Centre1 Elm Dr W.$854/sqft
Solstice225 Webb Dr.$854/sqft
Absolute Vision80 Absolute Ave.$853/sqft
Parkway Place Ⅱ2565 Erin Centre Blvd.$851/sqft
Windows On The Green3170 Erin Mills Parkway$849/sqft
CityGate3939 Duke of York Blvd.$847/sqft
North Shore Condominium1 Hurontario St.$847/sqft
Tiara156 Enfield Pl.$841/sqft
Absolute City Centre II70 Absolute Ave.$838/sqft
Eden Park3504 Hurontario St.$829/sqft
2301 Derry Road2301 Derry Rd W.$822/sqft
Onyx223 Webb Dr.$822/sqft
PSV2 Condos510 Curran Pl.$820/sqft
Wide Suites208 Enfield Pl.$818/sqft
Ovation3880 Duke of York Blvd.$817/sqft
Park 570570 Lolita Gardens$814/sqft
Ovation II3888 Duke of York Blvd.$812/sqft
Universal335 Rathburn Rd W.$811/sqft
Village Terrace1150 Parkwest Pl.$811/sqft
Parkway Place2585 Erin Centre Blvd.$807/sqft
Village Terraces Ⅱ1140 Parkwest Pl.$794/sqft
Bloorgate Towers3320 Fieldgate Dr.$786/sqft
Absolute World60 Absolute Ave.$785/sqft
Destination Drive II3030 Erin Centre Blvd.$783/sqft
Tuscany Gate220 Forum Dr.$779/sqft
Absolute World50 Absolute Ave.$773/sqft
Enclave5490 Glen Erin Dr.$766/sqft
Compass Creek200 Burnhamthorpe Rd E.$746/sqft
The Regatta Ⅲ70 Port St E.$731/sqft
Enfield Place285 Enfield Pl.$720/sqft
Skymark West35 Kingsbridge Garden Circle$703/sqft
Hallmark Place6720 Glen Erin Dr.$701/sqft
Stonebrook Condominiums1055 Southdown Rd.$698/sqft
39 Stavebank Road39 Stavebank Road$697/sqft
Malton Mansions7405 Goreway Dr.$690/sqft
The Carlyles145 Hillcrest Ave.$683/sqft
75 Bristol45 Bristol Rd E.$681/sqft
Amica at City Centre350 Princess Royal Dr.$681/sqft
The Fairmont25 Fairview Rd W.$681/sqft
Esprit50 Eglinton Ave W.$680/sqft
Park Mansion45 Kingsbridge Garden Circle$669/sqft
Meadowvale2900 Battleford Rd.$668/sqft
Skymark West Ⅱ25 Kingsbridge Garden Circle$665/sqft
Elizabeth Condos15 Elizabeth Street North$664/sqft
The Royal Crest66 High Street East$664/sqft
Eagle Ridge2155 Burnhamthorpe Rd W.$655/sqft
Eagle Ridge Nevada2177 Burnhamthorpe Rd W.$653/sqft
Emerald Gate135 Hillcrest Ave.$651/sqft
Stonewater1437 Lakeshore Rd E.$648/sqft
Tannery Square32 Tannery St.$647/sqft
Vanden Place1275 Cornerbrook Pl.$643/sqft
Origin Evergreen810 Scollard Crt.$637/sqft
The Carlyle Ⅱ115 Hillcrest Ave.$637/sqft
Lakewood on the Park1485 Lakeshore Rd E.$633/sqft
Monarchy325-335 Webb Dr.$631/sqft
The Carlyle Ⅲ155 Hillcrest Ave.$626/sqft
Kingsmere on the Park880 Dundas St W.$618/sqft
Sheridan Club1271 Walden Circle$615/sqft
95 Trailwood Condos65 Trailwood Dr.$614/sqft
Erin Mills Terrace4640 Kimbermount Ave.$612/sqft
The Towne3605 Kariya Dr.$605/sqft
Phoenix550 Webb Dr.$604/sqft
Chelsea Towers4185-4205 Shipp Dr.$602/sqft
King Gardens75 King St E.$602/sqft
Canyon Springs1700 The Collegeway$596/sqft
Orchard Place1111 Bough Beeches Blvd.$592/sqft
Odyssey250 Webb Dr.$591/sqft
The Mansion55 Kingsbridge Garden Circle$587/sqft
Sherwood Towers200 Robert Speck Parkway$587/sqft
Club One300 Webb Dr.$587/sqft
Kingsbridge Grand III4450 Tucana Crt.$586/sqft
The Parkview6500 Montevideo Rd.$584/sqft
Kingsbridge Grand4470 Tucana Crt.$580/sqft
Kingsbridge Grand II4460 Tucana Crt.$580/sqft
Applewood Place1333 Bloor St.$579/sqft
Granite Gates1800 The Collegeway$578/sqft
Place Avant3700 Kaneff Cres.$575/sqft
Anaheim Towers I and Ⅱ35 Trailwood Dr.$573/sqft
Obelisk I3590 Kaneff Cres.$573/sqft
Place Royale3695 Kaneff Cres.$573/sqft
Lynwood Lane3100 Kirwin Ave.$569/sqft
Waldens Landing1110 Walden Circle$568/sqft
Summit City Centre86 Preston Meadow Ave.$566/sqft
Orchard Place Ⅱ1155 Bough Beeches Blvd.$562/sqft
Woodview Place3501 Glen Erin Dr.$560/sqft
Platinum West350 Webb Dr.$553/sqft
Centre I & Centre II330-350 Rathburn Rd W$552/sqft
5230 Glen Erin Drive Townhouses5230 Glen Erin Dr.$548/sqft
Centre IV400 Webb Dr.$545/sqft
The Palace1900 The Collegeway$545/sqft
Constellation Place700 Constellation Dr.$523/sqft
The Compass1360 Rathburn Rd E.$514/sqft
Lolita Gardens530 Lolita Gardens$510/sqft
Peppermill Place1500 Grazia Crt.$507/sqft
2866 Battleford Condos2866 Battleford Rd.$490/sqft
Kirwin Place3120 Kirwin Ave.$484/sqft
The Aspenview50 Elm Dr E.$483/sqft
Rathburn Towers355 Rathburn Rd E.$479/sqft
Parkview Condos1580 Mississauga Valley Blvd.$475/sqft
The Kingsford530 Lolita Gardens$474/sqft
The Aquitaine2929 Aquitaine Ave.$469/sqft
Place Ⅳ3650 Kaneff Cres.$469/sqft

You can see, there is certainly a lot to choose from!

Conclusion

In conclusion, if you’re currently on the lookout for a new place to call home, you might want to consider looking into condos for sale by using condo rankings based on their sale price.

Not only are condos a great option for those who prefer a more low-maintenance lifestyle, but they can also be an affordable way to get into the real estate market.

When searching for Mississauga condos for sale, you can find a variety of options that suit your specific needs and preferences, whether that’s a spacious unit with plenty of natural light or a more compact space that’s perfect for those who want to live in the heart of the city.

With so many options to choose from, you’re sure to find a condo that fits your lifestyle and budget.

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Summary
Mississauga Condo Rankings
Article Name
Mississauga Condo Rankings
Description
Review condo rankings in Mississauga. Compare sale prices realized per square foot. Discover the factors affecting condominium sale prices, including age, location, maintenance fees, demographics, amenities.
Author
Publisher Name
Randy Selzer - Real Estate Agent
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