Published 27 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
In August 2026 TRREB recorded 109 condo apartment sales in Mississauga at an average of $495,052 and a median of $500,000, with units selling for 97 percent of list price after an average of 45 days on the market. There were 849 active listings, about 7.8 months of supply at that pace, and a sales-to-new-listings ratio of 31 percent: a buyer’s market. Your unit’s value will sit above or below that median depending on size, floor and view, parking, the building’s age and fees, and which part of the city it is in. One advantage to point out: Mississauga has no municipal land transfer tax, so your buyer pays about $6,475 less in tax than on a $500,000 purchase in Toronto.
Mississauga condo prices, August 2026
| Condo apartments, August 2026 | Mississauga | Peel Region | City of Toronto | All TRREB areas |
|---|---|---|---|---|
| Sales | 109 | 130 | 885 | 1,330 |
| Average price | $495,052 | $485,264 | $651,648 | $617,593 |
| Median price | $500,000 | $481,500 | $550,000 | $530,000 |
| New listings | 357 | 443 | 2,303 | 3,579 |
| Active listings | 849 | 1,058 | 4,938 | 7,882 |
| Sale to list price | 97% | 96% | 96% | 96% |
| Avg. days on market | 45 | 50 | 39 | 41 |
Source: TRREB Market Watch, August 2026. Mississauga’s average and median are unusually close, which means there were few very expensive sales pulling the average up that month. That makes the median a fair anchor for a typical unit.
What the numbers mean for your list price
Three signals point the same way. The sales-to-new-listings ratio was about 31 percent, below the level usually read as balanced. Active inventory was about 7.8 months of sales. And the average unit took 45 days to sell. In that market, buyers compare several units and wait for the right price. Sellers who price from the last three months of sold data for their layout, not last year’s peak or the most optimistic online estimate, sell in weeks; sellers who test the market from above tend to sit. Mississauga’s 97 percent sale-to-list ratio shows that well-priced units still sell close to asking.
What moves your unit above or below the median
- Size and layout. A two-bedroom, two-bathroom unit trades well above a one-bedroom; a split layout with bedrooms on opposite sides is easier to sell to families and roommates.
- Floor, view and exposure. Higher floors with open views, including towards the lake in the south end, command more.
- Parking and locker. Especially important in Mississauga, where many buyers drive.
- Building age and fees. Older buildings often have larger units and higher fees; newer towers in the city centre have smaller units and lower fees. Lenders count half the fee against the buyer.
- Location. The city centre around Square One, the Port Credit waterfront, and the Erin Mills and Meadowvale areas attract different buyers at different prices.
- Condition and the corporation. Renovations, the reserve fund and any special assessment all show up in what buyers offer.
The land transfer tax point
Mississauga does not charge a municipal land transfer tax; Toronto does. A buyer of a $500,000 condo pays $6,475 in Ontario land transfer tax in either city, but in Toronto pays another $6,475 to the City, $12,950 in total. For a buyer deciding between a unit in Etobicoke and one across the border in Mississauga, that difference is real cash at closing. It is worth mentioning in your listing when your buyers are likely to be comparing with Toronto.
How to value your particular unit
The municipal median is a starting line, not your price. Find the three most recent sales of your layout in your building, or in the two or three most similar buildings nearby, adjust them for floor, view, parking and condition, and check what is currently for sale. If nothing in your building has sold recently, read how to price a condo when nothing in your building has sold. The estimator below gives you a fast first range.
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 sell condos across Mississauga as well as Toronto, from the city centre towers to Port Credit. Run the estimator below, then book a call and I will show you the recent sales that set the price for your unit.
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.
What is a condo worth in your area?
August 2026 prices by city and district: Etobicoke · North York · Scarborough · Downtown Toronto · Midtown Toronto · Liberty Village / King West · Markham · Richmond Hill · Oakville · Burlington · Milton · Brampton · Pickering / Ajax · Whitby / Oshawa · Vaughan. Or run the AI condo value estimator for a range on your own unit.
Frequently asked questions
How much is a condo worth in Mississauga in 2026?
In August 2026 Mississauga condo apartments sold at an average of $495,052 and a median of $500,000, according to TRREB’s Market Watch. Your unit can sit well above or below that depending on size, floor, parking, fees and location.
How long does it take to sell a condo in Mississauga?
Units that sold in August 2026 took an average of 45 days, compared with 39 days in the City of Toronto.
Is it a buyer’s market for Mississauga condos?
The August 2026 figures suggest so: 109 sales against 357 new listings, a ratio of about 31 percent, and 849 active listings, about 7.8 months of supply.
Do Mississauga condos sell for asking price?
Close to it when well priced. Mississauga condo apartments sold at 97 percent of their final list price on average in August 2026.
Is there a land transfer tax in Mississauga?
Only Ontario’s. Mississauga has no municipal land transfer tax, so a buyer of a $500,000 condo pays $6,475 in total, against $12,950 in Toronto.
How do I find out what my Mississauga condo is worth?
Start from the three most recent sales of your layout nearby, adjust for floor, view, parking and condition, and compare with active listings. The AI condo value estimator gives a quick first range.
Sources
- TRREB — Market Watch, August 2026 — condominium apartment tables by region and municipality
- CMHC — Calculating GDS / TDS — 50% of condominium fees counted; 39% / 44% limits
Related reading
- The Mississauga waterfront at every budget
- Best schools in Mississauga
- How to find sold prices
- Best realtor for condos
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, Etobicoke. I work with buyers and sellers across Toronto and the GTA, and I have helped more than 100 families sell their condos. Four-plus years of active GTA transactions and over $100 million in sales volume. Every market figure here comes from TRREB’s published tables and every rule from the regulator or the legislation, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.