Greater Toronto Area
Mississauga Real Estate Appraisals
Residential, Commercial & Industrial Property Appraisals in Mississauga, Ontario
REX Valuations provides professional real estate appraisal and property valuation services throughout Mississauga, Ontario and the surrounding Peel and Greater Toronto Area markets.
Our appraisal assignments include detached and semi-detached homes, condominium apartments and townhouses, multi-residential properties, commercial and mixed-use buildings, industrial facilities, warehouses and distribution properties, office buildings, retail properties, vacant land, development land and other specialized real estate.
Appraisals may be required for financing, acquisitions and dispositions, matrimonial and litigation matters, estates, property taxation, expropriation, retrospective valuation and other purposes.
Mississauga Real Estate Market – Q2 2026
Mississauga's real estate market became more active during the second quarter of 2026, although residential prices remained below year-earlier levels and commercial conditions varied by property type and submarket.
Residential sales totalled 1,647 transactions during Q2 2026, an increase of 8.9% from Q2 2025. Detached-home sales increased 16.6%, semi-detached sales increased 11.2% and condominium apartment sales increased 8.9%. Condominium townhouse sales moved in the opposite direction, declining 8.6%.
Despite stronger transaction activity, median prices were lower across all four major housing categories. The Q2 median detached price was $1,250,000, down 5.4% year-over-year, while the condominium apartment median was $500,000, down 6.5%.
Commercially, Mississauga remained one of the GTA's most important industrial, logistics and office markets. The broader GTA industrial market continued to stabilize during Q2, recording positive absorption and moderating rental-rate declines. Mississauga's industrial market remained comparatively tight within GTA West, although vacancy increased modestly during the quarter as some space returned to the market.
The combination suggests a Q2 market characterized by improving transaction activity, continued price sensitivity in residential real estate and generally resilient commercial demand for functional, well-located properties.
Residential Real Estate Market in Mississauga – Q2 2026
Mississauga's residential market showed a meaningful improvement in activity during Q2 2026 compared with the same period a year earlier.
A total of 1,647 residential properties sold during the quarter, compared with approximately 1,513 in Q2 2025. The strongest year-over-year increase occurred in the detached segment, where 676 homes sold, an increase of 16.6%. Semi-detached sales also increased 11.2%, while condominium apartment sales increased 8.9%.
At the end of Q2, detached homes had approximately 4.3 months of inventory, down from 5.3 months one year earlier. Semi-detached properties tightened more significantly to 2.4 months of inventory, compared with 3.6 months in Q2 2025. Conditions were softer within the condominium market — condominium apartments had approximately 6.3 months of inventory, though this was substantially improved from 8.2 months one year earlier.
Median marketing periods also differed: detached homes sold in approximately 20 days, semi-detached in 17 days, condominium townhouses in 26 days and condominium apartments in 31 days.
The strongest conclusion is that sales improved before prices did. More purchasers returned to the market, particularly for detached and semi-detached housing, but they remained sensitive to price. Recent and appropriately matched comparable sales therefore remain considerably more meaningful than applying an overall Mississauga average price.
Q2 2026 Trend
Sales improved across most housing types — detached up 16.6%, semi-detached up 11.2%, condos up 8.9% — but median prices declined 5% to 7% year-over-year. Buyers returned to the market before prices recovered.
Mississauga Q2 2026 Residential Market Snapshot
| Indicator | Q2 2026 Quarter-End |
|---|---|
| Detached Sales — Q2 2026 | 676 (+16.6%) |
| Detached Median Price | $1,250,000 (-5.4%) |
| Detached Months of Inventory | 4.3 |
| Semi-Detached Sales — Q2 2026 | 229 (+11.2%) |
| Semi-Detached Median Price | $899,000 (-6.4%) |
| Semi-Detached Months of Inventory | 2.4 |
| Condo Townhouse Sales — Q2 2026 | 246 (-8.6%) |
| Condo Townhouse Median Price | $705,750 (-5.9%) |
| Condo Apartment Sales — Q2 2026 | 429 (+8.9%) |
| Condo Apartment Median Price | $500,000 (-6.5%) |
| Condo Apartment Months of Inventory | 6.3 |
| Total Q2 2026 Sales | 1,647 (+8.9%) |
Canadian Real Estate Association in cooperation with the Cornerstone Association of REALTORS – Mississauga, Q2 2026.
Residential Neighbourhoods in Mississauga
Mississauga contains a range of housing markets, and values can differ materially across relatively short distances.
City Centre / Square One
Mississauga's Downtown Core contains the municipality's greatest concentration of high-rise condominium development and mixed-use density. Values can vary materially according to building age, unit size, parking, view, condominium fees and proximity to Square One, transit and employment.
Port Credit
Port Credit is a distinctive Lake Ontario community at the mouth of the Credit River. It contains older detached housing, redevelopment and infill properties, condominiums, townhouses and mixed-use commercial properties. Waterfront proximity and GO Transit access are important local characteristics.
Mineola and Lorne Park
Mineola and Lorne Park contain some of Mississauga's more specialized detached and luxury residential inventory. Larger lots, custom construction, redevelopment potential, mature vegetation and proximity to Lake Ontario can produce substantial variations in value between individual properties.
Clarkson
Clarkson combines established residential neighbourhoods, condominium properties, waterfront-influenced areas and access to Clarkson GO Station. Clarkson is also one of Mississauga's historic communities and a designated cultural district.
Streetsville
Streetsville is an established community centred along the Credit River and Queen Street corridor. Housing includes older homes, newer infill, condominiums and surrounding suburban development. Its historic character differentiates portions of the community from newer Mississauga subdivisions.
Cooksville
Cooksville is centred generally around Hurontario Street and Dundas Street and includes older detached housing, apartment buildings, condominiums and significant redevelopment potential. It is one of the City's identified Growth Centres under Mississauga Official Plan 2051.
Erin Mills and Central Erin Mills
Erin Mills contains predominantly established suburban housing, including detached homes, semi-detached dwellings and townhouses. Central Erin Mills also contains significant condominium and higher-density development around Erin Mills Town Centre and Credit Valley Hospital.
Meadowvale
Meadowvale contains detached housing, townhouses and apartment properties together with significant employment lands to the north and east.
Churchill Meadows
Churchill Meadows represents one of Mississauga's newer large-scale residential communities and contains detached housing, semi-detached dwellings and extensive townhouse development.
Applewood and Rathwood
These established east Mississauga communities contain older detached and semi-detached housing, condominium apartments and townhouses. Their proximity to Toronto and major transportation corridors can influence purchaser demand.
Malton
Malton is physically separated from much of Mississauga by Pearson Airport and surrounding employment lands. It contains established detached, semi-detached and townhouse housing and has historically been closely connected to the airport and aviation-related employment.
Commercial Real Estate Market in Mississauga – Q2 2026
Mississauga is one of Canada's most significant suburban commercial real estate markets.
Its commercial property base includes industrial and logistics facilities, manufacturing buildings, major corporate office campuses, hotels, retail centres, neighbourhood plazas, mixed-use properties and substantial development land.
The scale of the employment market is particularly important. The City's 2025 Employment Survey estimated approximately 513,700 employees working in Mississauga and approximately 23,700 operating businesses. More than two-thirds of Mississauga employment was located within designated Employment Areas and Corporate Centres.
This substantial employment base supports demand across industrial, office, retail and residential property markets.
Industrial Property in Mississauga
Industrial real estate is one of the defining components of the Mississauga property market.
Mississauga contains an exceptionally large concentration of warehouses, manufacturing buildings, logistics facilities, distribution centres, flex-industrial buildings, industrial condominiums and owner-occupied facilities.
A Mississauga-specific analysis using Cushman & Wakefield market data reported approximately 181.6 million square feet of Mississauga industrial inventory across more than 3,200 buildings. Vacancy increased from approximately 4.2% to 4.7% during Q2, reflecting approximately 784,000 square feet of negative absorption, although Mississauga remained the tightest major GTA West submarket in that analysis. Asking net rent was approximately $16.55 per square foot.
One Q2 2026 market analysis identified the sale of 2220–2260 Matheson Boulevard East, containing approximately 308,545 square feet, for approximately $96 million, or roughly $311 per square foot. Other reported Q2 Mississauga transactions showed substantial variation in price per square foot depending on building and land characteristics.
A 32-foot clear modern logistics building near Pearson Airport competes in a substantially different market from an older low-clear-height manufacturing building, even where both have a Mississauga address.
Key industrial valuation factors
- Building size and clear ceiling height
- Truck-level and drive-in shipping doors
- Shipping court depth and yard space
- Office percentage and site coverage
- Outside-storage permissions and electrical capacity
- Access to Highways 401, 403, 407, 427 and the QEW
- Proximity to Pearson Airport
- Zoning and environmental condition
- Excess land and redevelopment potential
Office and Commercial Property in Mississauga
Mississauga represents a significant portion of the Toronto West suburban office market.
Major office concentrations include Airport Corporate Centre, Meadowvale Business Park, Gateway Corporate Centre, City Centre and locations along the Hurontario corridor.
CBRE reported improving suburban GTA office fundamentals during Q2 2026. Overall suburban vacancy declined from 20.7% to 20.2%, while Toronto West recorded approximately 210,000 square feet of positive net absorption, the strongest leasing performance among the suburban regions during the quarter.
The overall suburban asking net rent increased modestly to approximately $18.38 per square foot. Demand remained strongest for higher-quality Class A space. Mississauga also recorded a new office completion during the quarter — the Dunerin Executive Centre Building 2, containing approximately 33,515 square feet.
Retail and Mixed-Use Property in Mississauga
Mississauga contains several distinct retail markets. Square One and the Downtown Core represent the municipality's highest-density regional retail and mixed-use environment.
Port Credit, Streetsville and Clarkson contain smaller-scale commercial streets, restaurants, services and mixed-use buildings.
Other areas contain neighbourhood plazas, large-format retail, automotive uses and commercial properties along corridors such as Dundas Street, Hurontario Street, Dixie Road, Mavis Road and Erin Mills Parkway.
Older plazas on large sites near rapid transit or designated growth areas can require a particularly careful highest-and-best-use analysis because the value of the underlying land may become increasingly significant relative to the existing improvements.
What Drives Real Estate Values in Mississauga?
Mississauga has one of Ontario's largest municipal employment bases.
The City's 2025 Employment Survey estimated approximately 513,700 employees working at 23,700 businesses. Employment increased by more than 79,000 jobs over the preceding decade. Approximately 75% of workers were employed full-time, and more than two-thirds of the city's jobs were located within Employment Areas and Corporate Centres.
Manufacturing, transportation and retail remained the three largest employment sectors, together accounting for approximately 173,300 employees. Health care and social assistance had experienced the strongest employment growth and accounted for approximately 41,696 jobs.
Mississauga's position beside Toronto Pearson International Airport also provides a particular advantage to businesses involved in logistics, aviation, distribution, hospitality and international trade.
Major Commercial and Employment Areas in Mississauga
Northeast Employment Area
Contains one of Mississauga's largest concentrations of industrial and logistics property and benefits from proximity to Pearson Airport, Highways 401, 427 and major goods-movement routes. Industrial buildings range from older manufacturing facilities to modern distribution properties.
Airport Corporate Centre
A major office and employment district generally associated with the Eglinton Avenue, Renforth Drive, Orbitor Drive and Spectrum Way area. Contains corporate office, hotel, technology and employment uses and differs substantially from Mississauga's heavier industrial districts.
Gateway Employment Area
Contains industrial, office and commercial employment uses around the Hurontario Street, Highway 401 and Highway 407 corridors. The Gateway Corporate Centre has also been planned around the evolving Hurontario transit corridor.
Meadowvale Business Park
One of Mississauga's major corporate and employment districts, including office, industrial, technology and logistics properties with access to Highway 401, Highway 407, Mississauga Road and surrounding arterial roads.
Dixie Employment Area
A major employment cluster with rail access and significant transportation infrastructure. Contains substantial industrial, manufacturing, warehouse and service-commercial inventory. Portions are within a storm floodplain, which can create additional planning and development considerations.
Southdown and Clarkson Employment Areas
Southwest Mississauga contains industrial, manufacturing and employment uses associated with Southdown Road and Clarkson. The current Official Plan specifically maintains employment-related permissions including manufacturing, research and development, warehousing, distribution and wholesaling.
Transportation and Accessibility
Transportation infrastructure is one of Mississauga's most important real estate advantages.
The municipality is served by major highways including Highway 401, Highway 403, Highway 407 ETR, Highway 427 and the Queen Elizabeth Way. These routes provide connections to Toronto, Brampton, Oakville, Burlington, Hamilton and other GTA markets.
Toronto Pearson International Airport occupies a major location along Mississauga's northeastern boundary and is particularly important to the industrial, logistics, office and hospitality sectors.
Mississauga also has an extensive GO Transit network. Stations serving the city include Clarkson, Port Credit, Cooksville, Erindale, Streetsville, Meadowvale, Lisgar, Dixie and Malton, among others. MiWay provides municipal transit throughout Mississauga.
The Hazel McCallion Line — an approximately 18-kilometre light-rail line between Port Credit GO Station and Brampton Gateway Terminal — remained under construction during Q2 2026. For appraisal purposes, future transit can influence purchaser and developer expectations, particularly within designated Major Transit Station Areas, but an appraiser should distinguish between existing services and projects still under construction.
Development, Planning and Zoning in Mississauga
Mississauga entered an important new planning period immediately before Q2 2026. The Province approved Mississauga Official Plan 2051 on March 24, 2026, replacing the previous Official Plan and establishing the City's current long-term growth framework.
The Plan anticipates approximately 995,000 residents, 345,000 households and 590,000 jobs by 2051. Much of that growth is expected to occur through redevelopment and intensification rather than outward expansion.
The City's growth framework directs greater intensity toward the Downtown Core, Growth Centres including Uptown, Fairview, Cooksville and Hospital, Growth Nodes and Major Transit Station Areas. Mississauga has identified 54 Major Transit Station Areas associated with existing and planned rapid-transit corridors and GO rail lines.
In March 2026, City Council also endorsed a new strategic vision for approximately 12 acres of City-owned land adjacent to City Hall, contemplating a convention centre, hotel, music and cultural facilities, rental housing, retail, offices and public spaces. The City has described this as a guiding framework for further analysis rather than a final approved development design.
Mississauga's principal city-wide zoning instrument remains Zoning By-law 0225-2007, as amended. Zoning and Official Plan designations are not interchangeable — a property may have a long-term planning designation supporting intensification while its existing zoning continues to impose different development standards.
What Affects Property Value in Mississauga?
There is no single "Mississauga price per square foot" that reliably determines market value. A professional appraisal considers the specific competitive market for the property, rather than applying a municipal average to an individual asset.
Residential
- –Neighbourhood and housing type
- –Lot dimensions and dwelling size
- –Age, condition and renovation quality
- –Parking and condominium fees
- –Proximity to transit and GO stations
- –Waterfront influence
- –School and amenity proximity
- –Recent comparable sales
Commercial & Industrial
- –Zoning and permitted use
- –Gross building area and clear height
- –Site coverage and shipping
- –Outside storage and parking
- –Market rent and vacancy
- –Lease structure and operating expenses
- –Capitalization rates
- –Highway and airport proximity
- –Redevelopment potential
Vacant & Development Land
- –Official Plan designation (MOP 2051)
- –Zoning and density
- –Major Transit Station Area policies
- –Servicing and transportation infrastructure
- –Environmental constraints and floodplain
- –Conservation authority requirements
- –Development approvals and charges
- –Highest and best use
Real Estate Appraisal Services in Mississauga
REX Valuations provides appraisal and valuation services for a range of Mississauga properties, including commercial, office and industrial properties; residential properties; vacant and development land; investment properties; and specialized real estate.
Assignments may be required for
- Financing
- Acquisition or disposition
- Estate matters
- Matrimonial proceedings
- Litigation support
- Property taxation
- Expropriation
- Insurance
- Investment analysis
- Retrospective valuation
Mississauga Real Estate Appraisal – Quick Answers
Also Serving Nearby