City Centre, Mississauga real estate

Homes for sale
298
Rentals
261
Typical condo price
$502K
Typical rent
$2,580/mo
Typical days listed
34

Typical means the median asking price of homes listed now. Asking prices are not sale prices.

About City Centre

City Centre is mostly condo apartments: 93% of the 298 homes for sale right now.

By asking price, townhouses around $700K, a 1-bedroom condo around $445K and a 2-bedroom condo around $559K. Condos are asking about $652 per square foot, with monthly fees near $0.84 per square foot.

For renters, 1-bedroom condos rent for about $2,300 a month and 2-bedrooms about $2,800. The typical home for sale has been listed for 34 days, and 20% have had a price reduction, so there is room to negotiate on some.

Based on the 559 homes listed in City Centre right now; updated through the day.

Popular searches in City Centre

Newest homes for sale in City Centre

See all 298

Newest rentals in City Centre

See all 261

Living in Mississauga City Centre

Mississauga City Centre is the city's downtown, the cluster of towers you can see for miles around Square One. The core is roughly bounded by Hurontario Street on the east, Confederation Parkway on the west, Webb Drive to the south and Highway 403 to the north, with Burnhamthorpe Road and Rathburn Road as its main east–west streets.

Until the early 1970s, this was mostly farmland. The opening of Square One Shopping Centre in 1973 set things in motion, and offices and the first condo towers followed. The Mississauga Civic Centre (City Hall), with its distinctive clock tower, opened in 1987 and gave the area a civic heart. From the 2000s onward, and especially since the mid-2010s, City Centre has grown into a dense high-rise neighbourhood. The Absolute World towers, nicknamed the "Marilyn Monroe" towers for their curves, are among its best-known landmarks.

Almost all housing here is condominium apartments, from 1980s and 1990s buildings with roomy layouts to new glass towers with compact suites and extensive amenities. There are a small number of townhouses, and more established detached and semi-detached streets lie just beyond the core.

Getting around

  • City Centre Transit Terminal is MiWay's main hub, with routes across the city and Brampton Transit Züm service. GO buses use the nearby Square One Bus Terminal.
  • The Hazel McCallion Line (Hurontario LRT), now under construction, will have a stop on Rathburn Road serving the transit terminal. It will connect north to Brampton and south to Port Credit GO. No opening date has been confirmed, and a full downtown loop has been approved but not scheduled.
  • The Mississauga Transitway, a dedicated busway along the Highway 403 corridor, gives express buses a quicker route east toward Toronto.
  • For trains, Cooksville GO on the Milton line is a short bus ride south. Service on that line is mostly weekday rush hour.
  • Highways 403, 401, 410 and the QEW are all close by. Driving downtown can be quick or slow depending heavily on traffic.
  • Inside the core, streets are increasingly walkable, with shops, groceries and services within a few minutes of most towers.

Parks and things to do

  • Mississauga Celebration Square, in front of City Hall, is the city's main gathering place. It has concerts, outdoor movies, festivals and markets in summer and a skating rink in winter.
  • Square One is one of the region's largest shopping centres, with a wide range of stores and restaurants.
  • The Living Arts Centre hosts theatre, music and dance, and the Hazel McCallion Central Library is the city's main library.
  • Kariya Park, a Japanese-style garden near Central Parkway, honours Mississauga's sister city in Japan and is a quiet escape from the towers.
  • Scholars' Green and other new urban parks are spread among the newer towers, and Sheridan College's Hazel McCallion Campus adds a student presence.

Homes you'll find here

  • Older condos (1980s–2000s): These tend to have larger floor plans, sometimes with solariums or two full bathrooms. Maintenance fees can be higher, so review the building's reserve fund and recent upgrades.
  • New towers: Smaller suites, extensive amenities and modern finishes. Many recent buyers are investors, so rental activity in these buildings can be high.
  • Large master-planned projects: Developments such as M City, the Exchange District and the Square One District on former parking lots will keep adding towers for years.
  • Pre-construction and assignments: Much of the supply here sells before it is built, so read occupancy timelines and closing costs carefully.
  • Parking and lockers: Some newer units come without parking, which matters if you drive.

Who it suits

  • First-time buyers: It offers a condo entry point near transit, shopping and services.
  • Commuters by bus or car: It's central to the 403, 401 and 410 and to the region's main bus hub, with LRT on the way.
  • Investors: The area has steady rental demand from students, young professionals and newcomers.
  • Downsizers: Daily needs, culture and healthcare are all close by, without yard work.
  • People who like an urban pace: There are restaurants, events and a lively public square at your doorstep.

Good to know before you buy

  • Review the status certificate: Check the reserve fund, upcoming special assessments and fee history before you commit.
  • Ongoing construction: Tower cranes, LRT work on Rathburn and Hurontario, and new projects next door can change your view, light and noise. Ask what is planned nearby.
  • Pre-construction risk: Delays, interim occupancy fees and assignment restrictions are common. Have a lawyer review the agreement.
  • Rentals and short-term stays: Many buildings limit short-term rentals in their condo rules, and the City of Mississauga licenses them. Check both if renting is part of your plan.

Thinking about buying or selling in Mississauga City Centre? Talk to Mehran for a free, no-pressure conversation.

Neighbourhood guide by Mehran Salehian, Sales Representative.