Mississauga
Mississauga is the one of the largest cities in Canada. This is historically known as Toronto township & Mississauga is the city of province Ontario. It is situated on the shore of Lake Ontario and attracts millions of tourists from around the world due to this beautiful lake.
It is situated on the regional municipality of peel and borders Toronto city to the east. Its population is only 717,679 individuals. It has many schools & colleges. The houses here are also very affordable. So, if you are planning on moving to Canada then this would be a good decision for you.
Real Estate Market Outlook of Mississauga
The fall & rise of the real estate market of Mississauga depends on the housing prices in the city. The most important architectural styles in the city are townhouses, condominiums & detached houses.
year-to- date, all the housing property types in the city have seen a fall in the average sold prices as compared to January 2022. Looking at the sales activity in the housing market, October of this year continued to see a prominent cooling in the number of sales with 41 percent drop in the sales as compared to last.
Real Estate Market Analysis for Mississauga Townhomes – October 2022
Townhouses are one of the most famous & affordable housing styles in Mississauga. Townhouses are the type of terraced housing. They are available with different numbers of bedrooms & bathrooms. Obviously, then their prices will also be different.
The average house price in the city is around $1,038,803. The average listing price in the city is 1,130 in the last 28 days. The median days to sell a housing property in the city are 24. The selling to listing price ratio in the city is 97 percent.
Different townhouses are available for sale in the city. Here you can find some of the townhouses which are currently available for sale. Two bedroom & one bathroom townhouse is available for sale at #212-1055 DUNDAS ST, Mississauga, Ontario. This townhouse costs only $409,900.
Similarly, another three bedrooms & three-bathroom townhouse is available for sale. As this townhouse has a comparatively more number of bedrooms & bathrooms, so obviously its price will be a little high. But still, it will be affordable for a person having a good monthly income. It is available at #29 333 MEADOWS BLVD Mississauga, Ontario having cost of $ 755,000.
Similarly, another two bedroom and three-bathroom townhouse is available for sale at #10-3473 WIDDICOMBE WAY Mississauga, Ontario. This house cost only $829,000. There were just few examples. Number of other townhouses are available in different parts of the city with different rates.
If you are planning on selling or buying a house in Mississauga, now it’s the best time to do so. The importance of the rising population is that it will continue to increase the demand for commercial & residential properties.
As more & more individuals are moving to Mississauga, its real estate market will grow. But the amazing thing is that rates here remain still most affordable. So, go & buy your house now and enjoy your life in Mississauga.
