Mississauga is Canada’s sixth largest city. Mississauga was incorporated in 1974
when it reached its present size after bringing together eleven towns and villages
which formed the south third of Peel County, now Peel Region. Mississauga is Toronto’s
west neighbour, and in the past for the most part it was Toronto’s bedroom community.
While still some of that, Mississauga now is home to 100 companies of the Fortune
500 and the destination for many workers.
Mississauga is just shy of 700,000 residents, offering estate properties in Lorne
Park and Mineola, lakefront condominium communities in Port Credit, and suburban
house and townhouse communities from the planned in Erin Mills to the constant redeveloping
areas of Mineola and Lakeview. Mississauga has a large condominium community in
the Highway 403 and Hurontario area, or Square One area, which offers every pocketbook
and lifestyle something, and often within walking distance.
Depending on where you live, Mississauga is a city or a town, a new subdivision
looking like it neighbouring historic village, such as Meadowvale Village, or a
world class condominium found in the Square One area.
In January, the Toronto Real Estate Board reported that Mississauga (W12-W20) recorded
667 sales, a 10 per cent increase over the 2006 total for the same month. The average
price was $335,252, up 10 per cent over the $305,464 recorded during January of
2006. In addition, there were 219 sales of Detached homes in the Mississauga, which
averaged $478,889, a seven per cent increase over the same time period last year
($448,889). Reported for January, 2007.
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