Bromsgrove Road
Clarkson Real Estate
Updated for 2025
When home buyers look for affordable townhouses for sale in Mississauga, they are often drawn to the townhomes of Bromsgrove Rd, which are located in the southwest area of Mississauga known as Clarkson.
These Mississauga townhomes have long been a popular choice for first time buyers, both singles and families.
Today we are going to review the real estate selling prices for these townhomes on Bromsgrove Road. You can also check other pages on this site for photos of the townhouse complexes, and a list of neighbourhood amenities.
2024 was a year of continued challenges for the real estate market in Mississauga. Unit sales on Bromsgrove Rd from January 1 to December 31 have dropped from 64 in 2021, to 36 in 2022, to 35 in 2023, and to 37 in 2024.
There are approximately 725 residential condominium units on the street.
The numbers supplied here are courtesy of the Toronto Regional Real Estate Board (TRREB).
Sale Prices – Looking Back at 2024:
| Field | Average | Median |
|---|---|---|
| List Price | $750,305 | $715,000 |
| Taxes | $2,991 | $2,997 |
| Bedrooms | 3 | 3 |
| Bathrooms | 2 | 2 |
| Day on Market | 21 | 16 |
Out of 37 Mississauga townhomes which were sold on Bromsgrove Road during 2024, the ‘average’ asking price was $750,305, up just slightly from 2023. Average asking prices are determined by adding up the MLS asking prices together, and then dividing by the total number of townhouses sold (in this case, 37).
While average prices are useful, they can often be distorted by a single high or low sale.
The ‘median’ price is a different measurement, where the midpoint of all the sales during 2024 is calculated. Median price can be used to track sales trends, as they are less likely to be distorted by extremely low or high sales.
Sales data for 2024 shows that it took 21 days on average to sell a townhouse on Bromsgrove Road during during the past year. This is almost identical to the 22 days that it took in 2023.
Let’s take a look at the individual addresses:
2170 Bromsgrove Road
There were 12 sales at this multi-storey townhouse complex during 2024. Range in asking price was from $394,495 to $689,000.
2212 Bromsgrove Road
There were 4 sales at this newly constructed complex on Bromsgrove Road in 2024. Range in asking price was from $859,000 to $1,098,000 .
2232 Bromsgrove Road
There were 3 sales at this newly constructed complex in 2024. Range in asking price was from $889,000 to $1,099,000.
2315 Bromsgrove Road
During 2024 there were 3 sales at this popular complex. Asking prices ranged from $715,000 to $849,900.
2340 Bromsgrove Road
There were 2 sales here, with asking prices ranging from $739,000 to $799,900.
2380 Bromsgrove Road
There was a single sale here. Asking price was $699,000.
2395 Bromsgrove Road
This complex had 3 sales during 2024. Asking price ranged from $699,900 to $799,900.
2440 Bromsgrove Road
There was a total of 7 sales at this large townhouse complex during 2024. Asking prices ranged from a low of $729,000 to a high of $799,000.
2687 Bromsgrove Road
There was 1 sale at this complex during 2024. Asking price was $699,000.
2688 Bromsgrove Road
This complex had 1 sale during 2024, with an asking price of $599,000.
Median Sales Price 2011 – 2024
We can compare the past year’s MLS selling prices for the townhomes on Bromsgrove Rd. to sales from 2011 – 2024:
- Median Sales price 2024 = $715,000, a decrease of 6% from 2023
- Median Sales price 2023 = $765,000, a decrease of 5% from 2022
- Median Sales price 2022 = $805,000, an increase of 13% from 2021
- Median Sales price 2021 = $709,139, an increase of 18% from 2020
- Median Sales price 2020 = $597,850, an increase of 14% from 2019
- Median Sales price 2019 = $522,500, an increase of 5% from 2018
- Median Sales price 2018 = $496,500, a decrease of less than 1% from 2017
- Median Sales price 2017 = $500,000, an increase of 25% from 2016
- Median Sales price 2016 = $399,950, an increase of 16% from 2015
- Median Sales price 2015 = $344,000, an increase of 17% from 2014
- Median Sales price 2014 = $293,500, an increase of 4% from 2013
- Median Sales price 2013 = $281,000, an increase of 11% from 2012
- Median Sales price 2012 = $252,500, an increase of 4% from 2011
- Median Sales price 2011 = $243,000
The 6% drop in prices during 2024 was entirely in line with overall real estate prices in the Greater Toronto Area.
The ramp up of interest rates that began in March, 2022 succeeded in dampening the real estate market. We are now seeing a series of interest rate drops, which will help the market to recover.
Despite the current slowdown, over the past thirteen years, people who have purchased one of these popular Clarkson townhouses have done very well with their investment.
Average Days on the Market
- Average days on the market 2024 = 21
- Average days on the market 2023 = 22
- Average days on the market 2022 = 14
- Average days on the market 2021 = 9
- Average days on the market 2020 = 19
- Average days on the market 2019 = 18
- Average days on the market 2018 = 27
- Average days on the market 2017 = 12
- Average days on the market 2016 = 17
- Average days on the market 2015 = 25
- Average days on the market 2014 = 22
- Average days on the market 2013 = 23
- Average days on the market 2012 = 25
- Average days on the market 2011 = 22
The average days on the market (the time it took to sell) came in at 21, still a very good number despite the changes in the market. This is especially good for a neighborhood built during the 1970s.
Looking Ahead – What’s in Store for 2025?
As 2025 begins a new year, how will prices change for these Mississauga townhouses?
There has been a dramatic shift in the real estate market over the past two years, entirely caused by rapidly rising interest rates. We expect that mortgage rates will continue to decline during 2025.
Prices for the townhouses of Bromsgrove Road have been remarkably resilient when you compare them to other real estate assets in the GTA. They are in that sweet spot for families who need more space than an apartment condo can provide, and yet still offer good affordability.
One caveat: while mortgage rates will trend lower in 2025, it will not be to the record lows we experienced over the past few years. The era of 2% mortgage rates will not happen again in the foreseeable future. That ship has sailed.
Immigration
Most people know that immigration into Canada and the Greater Toronto Area has been surging over the last two years. This adds more pressure on the demand side. About 1/2 of all immigrants into Canada end up in the GTA.
The current federal government has recently indicated they will be doing an about-face on immigration, and that levels are expected to drop in 2025.
We expect real estate prices to improve during 2025, even if immigration levels ease off. The demand from local residents is real, and lower interest rates have already started to have an effect.
We hope you have enjoyed our 2024 summary of the townhouses for sale in Mississauga, located on Bromsgrove Rd – their sales activity and prices.
These townhouses are a great housing option for families, singles, and for investors.
Their great location near schools, shopping and the Clarkson GO station, combined with their affordability, have make them popular real estate in Mississauga. Get further insights from our Clarkson overview.
Want some extra help with your search? We can give you:
- current and past sales information
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- and much, much more!
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tags: townhouses for sale in Mississauga, townhouse for sale in Mississauga Ontario, Bromsgrove Rd
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