Published 29 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Avia is Amacon’s newest completed tower at Parkside Village in Mississauga City Centre. CTBUH lists Avia 1 at 465 Burnhamthorpe Road West, 50 floors and 171 metres, completed in 2025; Amacon’s portfolio also says 50 storeys, while a July 2025 Amacon update describes Avia and Avia 2 as 48 and 38 storeys with 1,056 condominium units between them. A 29,000-square-foot Food Basics opened on Avia’s ground floor in March 2025. TRREB publishes no building prices. Across Mississauga in August 2026, condo apartments sold at a $500,000 median, 97 percent of list price, after 45 days. In a newly finished tower, resales compete with assignments and unsold new inventory, so price from current listings as much as from sales.
Avia at a glance
| Fact | Avia (Avia 1) |
|---|---|
| Address | 465 Burnhamthorpe Road West (CTBUH) |
| Storeys | 50 (CTBUH and Amacon portfolio); 48 in Amacon’s July 2025 update |
| Height (CTBUH) | 171 m |
| Completed | 2025 (CTBUH) |
| Sister tower | Avia 2, 38 storeys (Amacon) |
| Suites | 1,056 across Avia and Avia 2 combined (Amacon) |
| Developer | Amacon |
| At grade | 29,000 sq ft Food Basics, opened March 2025 (Amacon) |
| Condo corporation number | Not verified; confirm on the status certificate |
Sources: CTBUH Skyscraper Center; Amacon portfolio and July 2025 Avia update. The storey count differs between Amacon’s own pages, so I show both.
What is different about a brand-new tower
Avia is the newest building in this guide. That changes how resale works. In the first years after completion, the building is still settling: the first budgets are based on estimates, the first reserve fund study is being done, and many owners are investors who bought pre-construction and may sell or lease at the same time.
The wider market adds pressure. Urbanation counted 4,295 completed, unsold new condos across the GTHA in the first quarter of 2026, a record. When developers and assignment sellers are discounting, a resale owner in a new tower has to price against them, not just against last year’s sales.
The upside: new buildings have new mechanical systems, current layouts and little deferred maintenance, and the Food Basics at the base is a genuine daily convenience.
Where it sits and what is nearby
Avia is part of Amacon’s Parkside Village, which the builder describes as 30 acres with roughly 7,500 homes when complete and 2.4 acres of park space, close to Celebration Square, Square One Shopping Centre and Sheridan College. The City Centre Transit Terminal at 200 Rathburn Road West, on the northwest corner of Square One, is the main bus hub, with MiWay, GO Transit and Brampton Transit service.
The Hazel McCallion Line on Hurontario is under construction; Global News reported in April 2026 that Metrolinx aims to finish construction by spring 2028, excluding the downtown loop. See my Mississauga City Centre condo buildings guide and the sister-community PSV guide.
What TRREB’s August 2026 numbers say (and why they are not Avia numbers)
| Condo apartments, August 2026 | Mississauga | Peel Region | Brampton | City of Toronto | All TRREB |
|---|---|---|---|---|---|
| Sales | 109 | 130 | 21 | 885 | 1,330 |
| Average price | $495,052 | $485,264 | $434,457 | $651,648 | $617,593 |
| Median price | $500,000 | $481,500 | $425,000 | $550,000 | $530,000 |
| New listings | 357 | 443 | 81 | 2,303 | 3,579 |
| Active listings | 849 | 1,058 | 202 | 4,938 | 7,882 |
| Months of inventory (calculated) | 7.8 | 8.1 | 9.6 | 5.6 | 5.9 |
| Sales to new listings (calculated) | 31% | 29% | 26% | 38% | 37% |
| Sale to list price | 97% | 96% | 94% | 96% | 96% |
| Avg. days on market | 45 | 50 | 71 | 39 | 41 |
Source: TRREB Market Watch, August 2026, condominium apartments. Calculated rows are my arithmetic: active listings divided by sales, and sales divided by new listings. One month of data; Brampton’s 21 sales are a small sample.
TRREB’s monthly Market Watch reports Mississauga as one municipality. It does not publish a City Centre figure, and it never publishes a figure for a single building. So nothing in this table is a price for Avia. It is the backdrop your unit sells against.
Two things stand out. Mississauga’s average ($495,052) sat slightly below its median ($500,000), so luxury sales did not skew the month. And supply was heavy: 849 active listings against 109 sales is about 7.8 months of inventory, against 5.6 in the City of Toronto (my arithmetic). Units that sold went for 97 percent of list price after 45 days.
For Avia owners, the supply number is personal. A new tower of this size often has several suites of the same layout listed for sale or lease at once. Before you pick a price, count the competing listings in Avia itself and in other new towers within a few blocks.
What moves a unit’s value in a building like Avia
In a new tower, finishes are mostly the builder’s standard package, so condition differences are smaller than in older buildings. The swing factors become floor, view, exposure, layout efficiency and whether the suite comes with parking. Upgrades chosen at purchase can help, but buyers rarely pay back their full cost.
- Floor and view. Higher floors and open views usually outsell lower floors facing another tower, within limits set by the next building over.
- Exposure. Light matters in a glass tower. See how north, south, east and west exposures compare.
- Layout, not just square footage. A true two-bedroom with a door on each bedroom outsells a one-plus-den with the same area. Wasted hallway space costs you.
- Parking and locker. In a transit-served downtown some buyers skip parking, but many Mississauga buyers still drive. A unit with a space has the bigger buyer pool.
- Maintenance fees. Lenders count half of the monthly condo fee when they test a buyer’s debt ratios under CMHC’s GDS and TDS limits of 39 and 44 percent, so a higher fee can shrink what a buyer qualifies for. More in do high maintenance fees lower my condo value.
- Tenancy. A tenanted unit sells to a smaller pool. See how much less a tenanted condo is worth.
What to check in the status certificate and reserve fund study
Every resale in Avia should be conditional on a lawyer reviewing the status certificate. Under section 76 of the Condominium Act the corporation must deliver it within 10 days of a request, and it can charge up to $100 including tax, according to the Condominium Authority of Ontario. It includes the declaration, by-laws and rules, the budget, the latest financial statements, a statement on the most recent reserve fund study and the state of the reserve fund, insurance, and any special assessment or arrears.
- Reserve fund. The CAO says reserve fund studies alternate between class 2 and class 3 updates at least every three years, and a new condominium needs a comprehensive class 1 study within its first year after registration. Ask whether the latest plan calls for steep fee increases.
- Special assessments. Any levy already approved should be dealt with in the agreement of purchase and sale. See does a special assessment lower my condo value.
- Rules, litigation and insurance. Leasing and pet rules, any lawsuit involving the corporation, and the deductible an owner could be charged back all belong in your lawyer’s review.
For a building completed in 2025, the CAO’s rule that a new condominium needs a class 1 reserve fund study within its first year after registration is the key document to ask for, together with the first-year budget. Fees set before the building had real operating history can change. Suites here were first occupied long after 15 November 2018, so Ontario’s rent increase guideline does not apply to their tenancies.
Selling or buying in Avia: how to price a unit
Start with the last three to six months of sold data for your exact layout and stack in the building, then adjust for floor, view, parking, locker and condition. Then check what is listed right now; with nearly eight months of supply in Mississauga, the listings a buyer tours the same weekend matter as much as last spring’s best sale.
If nothing in your layout has sold recently, use the method in how to price a condo when nothing in your building has sold: similar suites in comparable nearby towers, adjusted one factor at a time. Online automated numbers often miss floor and view, which is why I explain why online condo estimates can be off. For the wider picture, see how much a condo is worth in Mississauga, and for the rest of the corridor, my Mississauga City Centre condo buildings guide, including the M City towers to the south.
Two tools help here: the AI condo value estimator below gives you a range in about a minute, and the net proceeds calculator turns any price into what actually lands in your account.
Where I fit
I work with condo buyers and sellers across Mississauga, Toronto and the GTA, and I price suites from the sales and listings that compete with yours. If you own in Avia or want to buy there, book a call or phone 833-330-1925.
Free tool — AI condo value estimator
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Frequently asked questions
How many storeys is Avia at Parkside Village?
CTBUH and Amacon’s portfolio both list Avia at 50 storeys, and CTBUH gives a height of 171 metres with completion in 2025. Amacon’s July 2025 update describes Avia and Avia 2 as 48 and 38 storeys. The difference likely comes from how levels are counted.
What is the address of Avia condos in Mississauga?
CTBUH lists Avia 1 at 465 Burnhamthorpe Road West, within Amacon’s Parkside Village in Mississauga City Centre. Confirm the exact municipal address and legal description of any unit on the status certificate and title.
Is there a grocery store at Avia?
Yes. Amacon reported that a 29,000-square-foot Food Basics opened on Avia’s ground floor in March 2025, as part of the retail space in its Parkside Village community.
How many units are in Avia?
Amacon says Avia and Avia 2 together provide 1,056 condominium units. It does not split the total by tower in the update I reviewed; the condominium corporation’s records are the final word.
How much is a condo worth at Avia?
TRREB does not publish building-level prices. Mississauga condo apartments sold at a $500,000 median in August 2026. In a newly finished tower, price from floor, view, layout, parking and fees, and from competing resale, assignment and new-build listings nearby.
Should I sell my new Mississauga condo right after closing?
It depends on your mortgage, tax position and carrying costs. Supply is heavy: Mississauga had about 7.8 months of condo inventory in August 2026 by my arithmetic. Talk to your accountant about tax, and compare selling with renting before you list.
Sources
- CTBUH Skyscraper Center — Avia 1 — 465 Burnhamthorpe Road West, 50 floors, completed 2025
- Amacon — Development portfolio — PSV 48 stories, PSV2 42 stories, Avia 50 storeys, Parkside Village 30 acres
- Amacon — Celebrating Avia and the evolution of Parkside Village — 48 and 38 storeys, 1,056 units, Food Basics opened March 2025
- Urbanation — Standing condo inventory hits record high in Q1 — 4,295 completed, unsold new condos, Q1 2026
- City of Mississauga — City Centre Transit Terminal — 200 Rathburn Road West, MiWay, GO and Brampton Transit
- Global News — Metrolinx expects 2028 completion for Hazel McCallion LRT (28 April 2026) — target excludes the downtown loop
- Government of Ontario — Rent increase guideline — units first occupied after 15 November 2018 are exempt
- TRREB — Market Watch, August 2026 — condominium apartment tables by region and municipality
- Condominium Authority of Ontario — Status certificates — 10 days, up to $100, Condominium Act s. 76
- Condominium Authority of Ontario — Reserve funds and reserve fund studies — studies at least every three years
- CMHC — Calculating GDS / TDS — 50% of condominium fees counted; 39% / 44% limits
Related reading
- Mississauga City Centre condo buildings guide
- PSV at Parkside Village condo guide
- M City condos guide
- Edge Towers condo guide
- How much is my condo worth in Mississauga?
- Should I sell or rent out my condo?
- How to price a condo when nothing in your building has sold
- How much will I walk away with selling my condo?
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume. Every figure here comes from a published table, regulator or statute linked in the sources, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.