Here are Mississauga’s 5 swankiest and most desirable neighbourhoods
Published October 3, 2019 at 4:58 pm
It’s no secret that Mississauga has changed from a quiet and sprawling bedroom community to a rapidly urbanizing city that’s quickly becoming known for ambitious redevelopment projects (Brightwater and Lakeview Village), higher-order transit projects (the Hurontario LRT), and costly housing.
But while it’s become increasingly more challenging for residents to afford homes in Mississauga (and the GTA overall), there are some neighbourhoods that offer more affordable housing options (Malton, City Centre, Cooksville, Mississauga Valleys, etc)–and some that are perfect for those looking for more luxurious lodgings.
Nikhil Oberoi, a sales representative with Cloud Realty, recently put together a list of Mississauga’s most and least expensive neighbourhoods and what benefits residents can expect to enjoy should they choose to call one of the areas home.
So, what are Mississauga’s swankiest neighbourhoods?
1) Mineola
Boasting an average home price of $1,534,747, Mineola is the most expensive neighbourhood in Mississauga. The neighbourhood is known as the best in the city in terms of schools, scenery, and amenities. Detached homes cost about $1,726,419 on average. If you want a townhouse, you’re not as likely to find options here.
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2) Lorne Park
With houses averaging $1,505,623, Lorne Park is the second most expensive neighbourhood in Mississauga. It offers scenic areas, beautiful homes, good schools and commendable amenities. A detached home costs about $1,725,272, but townhouses can be purchased for about $865,150.
3) Sheridan
Located in southwest Mississauga, houses in Sheridan cost about $1,051,402, making it the third most expensive neighbourhood in the city. The area is known for luxurious homes with large lots. Detached home cost about $1,218,861, semi-detached houses cost about $753,584 and townhouses cost $535,333.
2) Port Credit
This famously walkable south Mississauga neighbourhood boasts houses that average $1,017,070 in price. The fourth most expensive neighbourhood, this waterfront community is known for luxury homes that sit close to Lake Ontario. The home of one of the city’s biggest GO Stations, residents who live in PC can expect to pay $1,418,218 for a detached home. Semi-detached homes cost about $1,481,631 and townhouses cost about $989,320.
5) East Credit
Located in north Mississauga, East Credit is Mississauga’s fifth most expensive neighbourhood–but it’s one where the average house price sits at $948,009. Known for Heartland Town Centre, this bustling area offers detached homes that cost about $1,148,377, semi-detached homes that cost $786,460 and townhouses that sell for about $533,833.
What’s your favourite neighbourhood in Mississauga?
Cover photo courtesy of @idris.yyz
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