Toronto’s real estate market is still hot, and it’s affecting markets like Mississauga.
As buyers look for more affordable options, they’ve spread through other regions in the GTA, which has left Mississauga’s condo prices rising 5.5% over the last year.
The average cost for a condo in the ‘Sauga is now $435,254, which is more affordable than the $804,584 average in April, and well below the average of $601,211 buyers can expect to pay for a unit in the 416, according to Zoocasa.
The real estate website reports that buyers are increasingly seeking affordable options throughout the GTA, and Mississauga is a popular buying destination as it offers good value as well as return on real estate investment.
So what’s hot in Mississauga?
To identify which condo buildings fetch the most for a unit, Zoocasa analyzed sales in over 100 developments in the city, where at least five transactions had taken place, and averaging the square foot based on TREB sold data for the 2018 year to date.
And if you’re curious where they are on a map…