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 to buy a condo, 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?
Contents
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
Price Differences by Location
When determining condo price point rankings, 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.
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
| Name | Address | Price per Sq Ft |
|---|---|---|
| TANU | 21 Park St E. | $1,072/sqft |
| Wesley Tower at Daniels City Centre | 4065 Confederation Parkway | $1,064/sqft |
| Block Nine | 4055 Parkside Village Dr. | $1,041/sqft |
| The Regatta Ⅱ | 80 Port St E. | $1,027/sqft |
| The Park Residences at Parkside Village | 4099 Brickstone Mews | $1,019/sqft |
| Arc Erin Mills | 2520 Eglinton Ave W. | $1,018/sqft |
| The West Tower - Daniels Erin Mills | 2560 Eglinton Ave W. | $996/sqft |
| Grand Mirage | 349 Rathburn Rd W. | $985/sqft |
| Crystal | 55 Eglinton Ave W. | $983/sqft |
| The Grand Residences at Parkside Village | 4070 Confederation Parkway | $981/sqft |
| Perla Towers | 35 Watergarden Dr. | $974/sqft |
| Limelight North Tower | 360 Square One Dr. | $968/sqft |
| Limelight South Tower | 365 Prince of Wales Dr. | $958/sqft |
| NOLA | 8 Ann St. | $930/sqft |
| Mississauga Square | 8 Nahani Way | $927/sqft |
| Chicago | 383 Prince of Wales Dr | $920/sqft |
| No 1 City Centre Condos | 33 Elm Dr W. | $918/sqft |
| Capital Towers | 4090 Living Arts Dr. | $913/sqft |
| Grand Ovation | 310 Burnhamthorpe Rd W. | $904/sqft |
| Downtown Erin Mills 2 | 4655 Glen Erin Dr. | $902/sqft |
| Capital Towers | 4080 Living Arts Dr. | $902/sqft |
| One Park Tower | 388 Prince of Wales Dr. | $901/sqft |
| Amber Condos | 5025 Four Springs Ave. | $898/sqft |
| The Regatta | 65 Port St E. | $891/sqft |
| The Residences of Strathaven | 55 Strathaven Dr. | $890/sqft |
| Eve Condos | 3515 Kariya Dr. | $889/sqft |
| Pinnacle Grand Park | 3985 Grand Park Dr. | $884/sqft |
| Miracle in Mississauga | 4900 Glen Erin Dr. | $883/sqft |
| CityGate II | 220 Burnhamthorpe Rd W. | $882/sqft |
| Mills Square | 4699 Glen Erin Dr. | $881/sqft |
| Pinnacle Grand Park 2 | 3975 Grand Park Dr. | $881/sqft |
| Downtown Erin Mills | 4633 Glen Erin Dr. | $878/sqft |
| Erin Square | 4655 Metcalfe Ave. | $874/sqft |
| The Residences at Parkside Village | 4065 Brickstone Mews. | $871/sqft |
| Condos on Broadway | 215 Broadway St. | $870/sqft |
| Papillon Place | 4879 Kimbermount Ave. | $865/sqft |
| Ultra Ovation | 330 Burnhamthorpe Rd W. | $861/sqft |
| Papillon Place Ⅲ | 4850 Glen Erin Dr. | $860/sqft |
| The Capri | 1359 Rathburn Rd E. | $855/sqft |
| One City Centre | 1 Elm Dr W. | $854/sqft |
| Solstice | 225 Webb Dr. | $854/sqft |
| Absolute Vision | 80 Absolute Ave. | $853/sqft |
| Parkway Place Ⅱ | 2565 Erin Centre Blvd. | $851/sqft |
| Windows On The Green | 3170 Erin Mills Parkway | $849/sqft |
| CityGate | 3939 Duke of York Blvd. | $847/sqft |
| North Shore | 1 Hurontario St. | $847/sqft |
| Tiara | 156 Enfield Pl. | $841/sqft |
| Absolute City Centre II | 70 Absolute Ave. | $838/sqft |
| Eden Park | 3504 Hurontario St. | $829/sqft |
| 2301 Derry Road | 2301 Derry Rd W. | $822/sqft |
| Onyx | 223 Webb Dr. | $822/sqft |
| PSV II | 510 Curran Pl. | $820/sqft |
| Wide Suites | 208 Enfield Pl. | $818/sqft |
| Ovation | 3880 Duke of York Blvd. | $817/sqft |
| Park 570 | 570 Lolita Gardens | $814/sqft |
| Ovation II | 3888 Duke of York Blvd. | $812/sqft |
| Universal | 335 Rathburn Rd W. | $811/sqft |
| Village Terrace | 1150 Parkwest Pl. | $811/sqft |
| Parkway Place | 2585 Erin Centre Blvd. | $807/sqft |
| Village Terraces Ⅱ | 1140 Parkwest Pl. | $794/sqft |
| Bloorgate Towers | 3320 Fieldgate Dr. | $786/sqft |
| Absolute World | 60 Absolute Ave. | $785/sqft |
| Destination Drive II | 3030 Erin Centre Blvd. | $783/sqft |
| Tuscany Gate | 220 Forum Dr. | $779/sqft |
| Absolute World | 50 Absolute Ave. | $773/sqft |
| Enclave | 5490 Glen Erin Dr. | $766/sqft |
| Compass Creek | 200 Burnhamthorpe Rd E. | $746/sqft |
| The Regatta Ⅲ | 70 Port St E. | $731/sqft |
| Enfield Place | 285 Enfield Pl. | $720/sqft |
| Skymark West | 35 Kingsbridge Garden Circle | $703/sqft |
| Hallmark Place | 6720 Glen Erin Dr. | $701/sqft |
| Stonebrook Condominiums | 1055 Southdown Rd. | $698/sqft |
| Malton Mansions | 7405 Goreway Dr. | $690/sqft |
| The Carlyles | 145 Hillcrest Ave. | $683/sqft |
| 75 Bristol | 45 Bristol Rd E. | $681/sqft |
| Amica at City Centre | 350 Princess Royal Dr. | $681/sqft |
| The Fairmont | 25 Fairview Rd W. | $681/sqft |
| Esprit | 50 Eglinton Ave W. | $680/sqft |
| Park Mansion | 45 Kingsbridge Garden Circle | $669/sqft |
| Meadowvale | 2900 Battleford Rd. | $668/sqft |
| Skymark West Ⅱ | 25 Kingsbridge Garden Circle | $665/sqft |
| Little Creek Condos | 5020 Four Springs Ave. | $657/sqft |
| Eagle Ridge | 2155 Burnhamthorpe Rd W. | $655/sqft |
| Eagle Ridge Nevada | 2177 Burnhamthorpe Rd W. | $653/sqft |
| Emerald Gate | 135 Hillcrest Ave. | $651/sqft |
| Stonewater | 1437 Lakeshore Rd E. | $648/sqft |
| Tannery Square | 32 Tannery St. | $647/sqft |
| Vanden Place | 1275 Cornerbrook Pl. | $643/sqft |
| Origin Evergreen | 810 Scollard Crt. | $637/sqft |
| The Carlyle Ⅱ | 115 Hillcrest Ave. | $637/sqft |
| Lakewood on the Park | 1485 Lakeshore Rd E. | $633/sqft |
| Monarchy | 325-335 Webb Dr. | $631/sqft |
| The Carlyle Ⅲ | 155 Hillcrest Ave. | $626/sqft |
| Kingsmere on the Park | 880 Dundas St W. | $618/sqft |
| Sheridan Club | 1271 Walden Circle | $615/sqft |
| 95 Trailwood Condos | 65 Trailwood Dr. | $614/sqft |
| Erin Mills Terrace | 4640 Kimbermount Ave. | $612/sqft |
| The Towne | 3605 Kariya Dr. | $605/sqft |
| Phoenix | 550 Webb Dr. | $604/sqft |
| Chelsea Towers | 4185-4205 Shipp Dr. | $602/sqft |
| King Gardens | 75 King St E. | $602/sqft |
| Canyon Springs | 1700 The Collegeway | $596/sqft |
| Orchard Place | 1111 Bough Beeches Blvd. | $592/sqft |
| Odyssey | 250 Webb Dr. | $591/sqft |
| The Mansion | 55 Kingsbridge Garden Circle | $587/sqft |
| Sherwood Towers | 200 Robert Speck Parkway | $587/sqft |
| Club One | 300 Webb Dr. | $587/sqft |
| Kingsbridge Grand III | 4450 Tucana Crt. | $586/sqft |
| The Parkview | 6500 Montevideo Rd. | $584/sqft |
| Kingsbridge Grand | 4470 Tucana Crt. | $580/sqft |
| Kingsbridge Grand II | 4460 Tucana Crt. | $580/sqft |
| Applewood Place | 1333 Bloor St. | $579/sqft |
| Granite Gates | 1800 The Collegeway | $578/sqft |
| Place Avant | 3700 Kaneff Cres. | $575/sqft |
| Anaheim Towers I and Ⅱ | 35 Trailwood Dr. | $573/sqft |
| Obelisk I | 3590 Kaneff Cres. | $573/sqft |
| Place Royale | 3695 Kaneff Cres. | $573/sqft |
| Lynwood Lane | 3100 Kirwin Ave. | $569/sqft |
| Waldens Landing | 1110 Walden Circle | $568/sqft |
| Summit City Centre | 86 Preston Meadow Ave. | $566/sqft |
| Orchard Place Ⅱ | 1155 Bough Beeches Blvd. | $562/sqft |
| Woodview Place | 3501 Glen Erin Dr. | $560/sqft |
| Platinum West | 350 Webb Dr. | $553/sqft |
| Centre I & Centre II | 330-350 Rathburn Rd W | $552/sqft |
| 5230 Glen Erin Drive Townhouses | 5230 Glen Erin Dr. | $548/sqft |
| Centre IV | 400 Webb Dr. | $545/sqft |
| The Palace | 1900 The Collegeway | $545/sqft |
| Constellation Place | 700 Constellation Dr. | $523/sqft |
| The Compass | 1360 Rathburn Rd E. | $514/sqft |
| Lolita Gardens | 530 Lolita Gardens | $510/sqft |
| Peppermill Place | 1500 Grazia Crt. | $507/sqft |
| 2866 Battleford Condos | 2866 Battleford Rd. | $490/sqft |
| Kirwin Place | 3120 Kirwin Ave. | $484/sqft |
| The Aspenview | 50 Elm Dr E. | $483/sqft |
| Rathburn Towers | 355 Rathburn Rd E. | $479/sqft |
| Parkview Condos | 1580 Mississauga Valley Blvd. | $475/sqft |
| The Kingsford | 530 Lolita Gardens | $474/sqft |
| The Aquitaine | 2929 Aquitaine Ave. | $469/sqft |
| Place Ⅳ | 3650 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.
By searching for condos for sale near me, 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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