Editor's note, October 6, 2026: this article was reviewed and rewritten in our accuracy check. An earlier version contained neighbourhood price levels, rent tables and market statistics we could not trace to a published source; they have been removed or replaced with figures from the sources listed at the end of the article.
Mississauga, in Peel Region, is Ontario's third-largest city, with 717,961 people in the 2021 Census. It ranges from lakeside communities such as Port Credit and Clarkson, through established suburbs, to the condo towers around Square One in the city centre.
Getting around
- GO Transit serves Mississauga on the Lakeshore West line (including Port Credit and Clarkson), the Milton line (including Cooksville and Erindale) and the Kitchener line (Malton).
- The Hazel McCallion Line (Hurontario LRT), running from Port Credit north to Brampton, is under construction; Metrolinx hasn't confirmed an opening date, and civil works were expected to continue into 2027.
- MiWay buses connect to the TTC, GO and Brampton Transit. Toronto Pearson airport is on the city's northeastern edge.
Homes
Mississauga has a large condo market (especially downtown and along Hurontario Street), townhouses throughout, and detached and semi-detached homes in most neighbourhoods. When buying a condo, have your lawyer review the status certificate; for a house, consider the inspection points in our inspection guide.
Taxes
Mississauga's 2026 total residential property tax rate (municipal, regional where applicable, and education) is 1.087901% of assessed value: about $10,879 a year on a home assessed at $1,000,000. Outside the City of Toronto there's no municipal land transfer tax, so on a $1,000,000 purchase you pay Ontario's tax only: $16,475 (an eligible first-time buyer gets up to $4,000 of it refunded). In Toronto the same purchase costs $32,950 with both taxes.
Prices: TRREB publishes monthly sales and prices for Peel Region, including Mississauga by municipality in its Market Watch. Look at recent sold prices for the specific community and property type, and ask an agent for a comparative market analysis. For context, the GTA-wide average in August 2026 was $993,410 (detached $1,288,669; condo apartment $617,593).
Families comparing areas can also read our guide to Mississauga neighbourhoods for families.
Frequently asked questions
Do I pay Toronto's land transfer tax if I buy in Mississauga?
No. Toronto's municipal land transfer tax applies only to property in the City of Toronto. In Mississauga you pay Ontario's land transfer tax, and an eligible first-time buyer can get up to $4,000 of it refunded.
How is my property tax worked out?
Your bill is your property's assessed value, set by the Municipal Property Assessment Corporation (MPAC), multiplied by the total tax rate. Ontario has postponed province-wide reassessment, so 2026 property taxes are still based on assessed values as of January 1, 2016. A recent buyer's bill therefore reflects that 2016 value, not the price paid.
Can I add a second or third unit?
Since Ontario's More Homes Built Faster Act, 2022, most residential lots with full municipal water and sewer services can have up to three units as of right (for example a basement apartment and a garden or garage suite), subject to the municipality's zoning and the Building Code. Check Mississauga's zoning by-law and get permits before you count on rental income from a new unit.
Is there a vacant home or vacant unit tax in Mississauga?
Toronto, Ottawa and Hamilton have one; most other Ontario municipalities don't. If you're buying a second property or a home you may leave empty, check Mississauga's own rules.
Which school boards serve Mississauga?
The Peel District School Board and the Dufferin-Peel Catholic District School Board run the English-language public and Catholic schools. French-language boards also operate. Catchments go by address, so check each board's school locator for the homes you're considering.
How long is the commute to downtown Toronto?
It depends on where in Mississauga you live and when you travel. GO Transit's Lakeshore West, Milton or Kitchener line runs to Union Station; check the current GO schedule for the station nearest the home, and time the drive at rush hour before you commit.
Thinking about buying here? Search current listings and recent sales on Summitly, talk to a licensed Summitly agent who works the area, or ask Zara, Summitly's AI virtual agent, for a neighbourhood briefing.
