Mississauga New Condos have developed an urban skyline of its own, making it a great place to live. A boom in the construction industry has increased the sales of new condo units within its borders. The city is often called the ‘Gateway to Canada’, due to it being the home of the country’s largest airport, Toronto Pearson International, which sits in the North Eastern corner of the city. More than the home of those curvy Marilyn Monroe Towers and Toronto’s little sister, Mississauga is quickly making a name for its self as an arts hub, finance capital and multicultural destination. Home to almost a million people, Mississauga was founded in 1805 as a suburb of Toronto although didn’t officially get its name and become its own city until 1968. Now Mississauga is home to a diversified group of people that are scattered in neighbourhoods all across the city. Much of the development that the city has seen in recent years was governed by the former mayor Hazel McCallion, who served for 36 years. Under her governance, the city transformed from its relatively small status into being one the largest cities in Canada. It has become multicultural boiling pot that is comprised of many small revitalized neighbourhoods, each with their appeal.
Toronto New Condo developers have turned their eyes to the west and have some fantastic new developments on the way in Mississauga. Mississauga is starting to come of age and is definitely a place to watch. Now known as Canada’s 6th largest city, the condo boom that has elevated Toronto has started to create the buzz in Mississauga as well. Currently, there are over 1,300 multinational firms in the city with over 80,000 small and large business houses operating in Mississauga with the number of Fortune 500 companies which when put together, have a total of more than 400,000 workers. The city’s proximity to Toronto and the airport has enticed many working professionals and corporations to set up offices in Mississauga, opening up some job opportunities for locals, primarily in the banking, finance, telecommunications, information technology, automotive, land development, pharmaceutical, and consumer products areas that are forgoing Toronto for Mississauga and bringing with them a younger demographic and creating a dynamic central city. The rise in jobs has played a significant role in the dramatic population increase in Mississauga. Currently, more people commute into the city for work than those leaving the city. With the approval of Hurontario LRT in Mississauga, condo boom is just starting with Edge Tower started selling this fall.
Mississauga new condos have the perfect location, the majority of the population lives and works around Burnhamthorpe Road and Hurontario Street — in the downtown core. They are neighbours with Toronto, have high accessibility and ample urban amenities. Mississauga has a variety of restaurants, shopping malls and stores, museums, theatres, parks and trails, sporting activities and an active nightlife. The top shopping malls around Mississauga condos are Square One Shopping Centre, Sheridan Centre, Dixie Outlet Mall, Erin Mills Town Centre, Mississauga Chinese Centre, Westwood Square and more. Eating out is an experience with dozens of restaurants around such as the North York Fries, Panera Bread, Basil Box-Square One, Canyon Creek, Chorizo Fresh Mex, Scaddabush Italian Kitchen & Bar, and more. Places residents of Mississauga condos can visit for entertainment are the Sky Zone Trampoline Park, 5 Drive-in, Jack Darling Memorial Park and Lakefront Promenade Park. Various golf and country clubs also offer excellent facilities for a perfect day out. With lovely neighbourhoods such as Port Credit, Mississauga has a lot to offer to its residents. With the Toronto Pearson International Airport located at Mississauga, domestic and international travel is also most convenient for the residents of new condos in Mississauga.
Mississauga condos are highly accessible with the huge network of public transport along with many highways, major roads passing through it. Hwy 403, Hwy 401, Hwy 427, Queen Elizabeth Way, Hurontario St and Lakeshore Road W are important highways and roads that add to the convenience of the residents of Mississauga condos. Hwy 407 runs adjacent to Mississauga on its northwestern border. Using these various highways, residents of Mississauga condos can reach Toronto and the neighbouring areas conveniently. The driving distance between Mississauga and Toronto is 35 km, which can be covered in about 30 minutes. A big advantage for Mississauga condos is proximity to the Toronto Pearson International Airport. Located north of the city, it offers domestic and international air travel. Mississauga is on three major railway lines. Toronto-Sarnia Via Rail trains serving on the Quebec City-Windsor corridor pass through Mississauga.
The MiWay bus service serves along more than 90 routes in Mississauga and connects to GO Transit, TTC, Oakville and Brampton Transit. The variety of transportation choices available to commuters and proximity to the international airport are the advantages the residents of Mississauga condos enjoy. Using the Pesto — an electronic fare card that can be used for MiWay buses and subway transit — residents can move around quite quickly on public transportation. MiWay buses all come equipped with ramps and offer comfortable commute to a variety of residents; even residents using scooters or wheelchairs can use the MiWay buses to get around the city.
GO Transit is also available to all residents making stops at favourite locations like Cooksville, Lisgar, Dixie, Erindale, Meadowvale, Erin Mills, Clarkson, Port Credit, Square One, and Streetsville. Mississauga Transitway, which runs parallel to Highway 403 also provides another convenient way for residents to get around.
Plans are also in place to facilitate continued improvements to transportation facilities and infrastructure in the city. Soon, there will be large scale construction of transportation amenities, as well as the incorporation of Hurontario LRT. There will be a lot of route changes during the construction, but in the long haul, the overall goal is to streamline public transit routes in the city.
The Values and Trends for Mississauga condos have steadily risen over the past few years and look to stay on the same path. There are 45 new buildings under the planning stage to be built over the next 5 years as part of the downtown intensification plan. Currently, Mississauga has 330 condo buildings with 22 new projects already on sale. Average resale price for condos is touching $600 per sqft and new construction price is rising toward $750-800 per square feet. Parking is getting expensive in the city centre area with an average of around $30,000, was once included in the price. 2 bedroom suites were more popular before but now with price increases, the young generation is buying studios and 1 bedroom as their preferred choice. Mississauga condos are on the rise with new developments and many being centrally located in Mississauga’s city centre such as Keystone Condos, Daniels Wesley Tower, M3 Condos and Edge Towers. Modern high rises represent most of the luxury condos in Toronto and feature luxury amenities such as daycares, ice rinks, basketball court, pool, Euro-style kitchens & washrooms along with more basic fitness room, movie theatre and party room, all located in the condo building. With the approval of Hurontario LRT in Mississauga, condo boom is just starting with Edge Tower and Mississauga Square Condos started selling across LRT.
Located in Canada’s sixth most populous municipalities, Mississauga condos have the best of amenities, entertainment, educational institutes and infrastructure. Its proximity to Toronto Condo contributed to its fast growth. There are 23 neighbourhoods in Mississauga, including Hurontario, Erindale, Port Credit, Lakeview and Sheridan. Historically there were number neighbourhoods that date back to the early 1800s, with stories of aboriginal alliances, trade routes, textile mills, shipping ports and exclusive resorts for the wealthy. Only in the 1970s were these small areas merged to form the City of Mississauga.
With condos, homes, rentals, parks, shops, restaurants, culture, festivals and more, each neighbourhood has something for everyone. Mississauga and condos pretty much go hand-in-hand since condos have seen explosive growth in the last 20 years. There are lots of development master-planned communities are in the pipeline as well. These are Mississauga’s hottest neighbourhood for condos right now.