Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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Ovation at City Centre is Tridel’s pair of towers at 310 and 330 Burnhamthorpe Road West, finished in 2008 and 2010, a short walk from Celebration Square and Square One. Mississauga condo apartments sold at a $485,000 median from January to October 2026, down 9.3%, and one-bedrooms leased for about $2,189 in Q2 2026.
This guide is for people who want to live a short walk from Celebration Square and Square One in 2027, whether you are buying, renting or already own a suite. I focus on Ovation at City Centre, Tridel’s two towers on Burnhamthorpe Road West, and use Mississauga-wide TRREB numbers to show what condos sell and rent for.
Where is Ovation, and how close is it to Celebration Square?
Ovation is a two-tower complex in Mississauga City Centre:
- Grand Ovation at 310 Burnhamthorpe Road West
- Ultra Ovation at 330 Burnhamthorpe Road West
Celebration Square, the city’s 4.8-acre civic square beside City Hall at 300 City Centre Drive, extends south to Burnhamthorpe Road. That puts the square a short walk from both towers. In winter its reflecting pool becomes a skating rink, and the City kicks off the season there with the Santa Claus parade, the opening of what it calls the city’s largest outdoor ice rink, and the tree lighting. The square also has a turf field, an amphitheatre and large video screens used for public events.
From Ovation you can also walk to Square One Shopping Centre and the Central Library beside the square. For a wider look at the towers in this district, see my Mississauga City Centre condo buildings guide.
Who built Ovation, and when was it finished?
Tridel developed both towers, according to the Council on Tall Buildings and Urban Habitat (CTBUH), which tracks tall buildings worldwide. Its records show:
| Tower | Address | Floors | Completed | Suites (approx.) |
|---|---|---|---|---|
| Grand Ovation | 310 Burnhamthorpe Rd W | 34 | 2008 | 457 |
| Ultra Ovation | 330 Burnhamthorpe Rd W | 32 | 2010 | 297 |
Source: CTBUH Skyscraper Center for developer, floors and completion; suite counts from public MLS-based building profiles (one profile lists Grand Ovation at 35 floors).
The two towers are separate condominium corporations: Peel Condominium Corporation 826 for Grand Ovation and 868 for Ultra Ovation, according to those building profiles. That matters because each has its own board, budget, reserve fund and rules, even though they share a name.
By 2027 these buildings will be 17 to 19 years old. That is not old for a concrete tower, but it is the age when many corporations start paying for big items such as elevator upgrades, garage repairs, corridor refreshes and window or balcony work. Whether that comes from the reserve fund or from higher fees is the key question for any buyer.
What suite sizes and amenities does Ovation have?
Public building profiles list suites from about 600 to 1,332 square feet at Grand Ovation and about 580 to 1,313 square feet at Ultra Ovation. That is often roomier than layouts in towers finished in the 2020s.
The same profiles list these amenities:
- Grand Ovation: concierge, gym, pool, sauna, rooftop deck, barbecues, guest suites, a meeting or function room and an outdoor patio or garden
- Ultra Ovation: concierge and security, gym, pool, sauna, party room, guest suites and a meeting room
Some amenities may be shared between the towers under a shared facilities agreement, and some may not. Check the declaration and any shared facilities agreement before you assume you can use the other tower’s rooms.
What are the maintenance fees at Ovation?
I did not find a published fee range for either tower, so I am not quoting one. The Grand Ovation building profile says monthly fees include heat, air conditioning, water, building insurance, common elements and parking. If that is right, owners there pay mainly their own hydro on top of the fee. The Ultra Ovation profile lists only common element maintenance, so confirm what that tower’s fee covers before you compare the two.
The status certificate is the only reliable answer. It includes the budget, the reserve fund study, any special assessments and any lawsuits. In a building heading toward 20 years, read the reserve fund study first. My post on why condo fees rise and how special assessments happen explains what to look for.
What do Mississauga condos sell for in 2026?
TRREB reports Mississauga as one municipality, so these are city-wide numbers, not Ovation prices.
| Mississauga, Jan–Oct | 2025 | 2026 | Change |
|---|---|---|---|
| Condo apartment sales | 1,275 | 1,213 | −4.9% |
| Condo apartment median price | $535,000 | $485,000 | −9.3% |
| Condo apartment average days on market | 37 | 42 | — |
| Condo apartment active listings (end of period) | 848 | 813 | — |
| Condo townhouse median price | $750,000 | $689,300 | −8.1% |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2025. City-wide medians, not building figures.
The October 2026 Market Watch shows the same direction: 128 condo apartment sales in Mississauga at a $458,500 median, with 812 active listings, and suites selling at 96% of list price after 44 days on average. TRREB’s apartment benchmark for Mississauga was $481,300, down 8.86% from a year earlier.
In City Centre, Ovation competes with brand-new towers that have smaller suites and newer finishes. In my experience, older buildings with bigger layouts sell for less per square foot but can compare well on price per suite. My guide to what your Mississauga condo is worth explains how I price a suite.
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.
How much does it cost to rent a condo near Celebration Square?
TRREB’s latest rental market report is for Q2 2026 (the Q3 report was not posted when I checked in November 2026). Mississauga recorded 1,856 apartment leases that quarter. Average lease rates were:
- Bachelor: $1,873
- One-bedroom: $2,189
- Two-bedroom: $2,713
- Three-bedroom: $3,299
Those are city-wide averages. A larger two-bedroom at Ovation with parking may lease above the two-bedroom average, while a smaller one-bedroom may lease below it.
Rent control applies here. Ovation’s towers were finished in 2008 and 2010, well before 15 November 2018, so increases for sitting tenants are capped by Ontario’s guideline: 2.1% in 2026 and 1.9% for 2027. Landlords must give at least 90 days’ written notice and wait 12 months between increases. For investors, that cap is part of the math.
How do you get around from Ovation?
Most residents use buses, the car, or their feet. MiWay’s City Centre Transit Terminal, the bus terminal for the downtown core, is within walking distance.
The Hazel McCallion Line is an 18-km light rail line with 19 stops from Port Credit GO to the Brampton Gateway Terminal, connecting with GO trains, the Mississauga Transitway, MiWay and Brampton Transit. Metrolinx’s project page does not give an opening date. Metrolinx also lists a separate Downtown Mississauga Extension among its future transit planning projects, so a rail stop in the heart of the City Centre is further off still. Value a suite on the transit that runs today.
By car, Highway 403 runs along the north side of the City Centre. Drive times to Toronto depend heavily on traffic, so test your own commute at rush hour before you commit.
What are the pros and cons of living at Ovation?
Pros
- A short walk to Celebration Square, Square One, the library and the transit terminal
- Larger average suites than many newer City Centre towers
- Full amenity packages with pool and concierge
- Rent-controlled suites, which suits long-term tenants
Cons
- Older finishes in suites that have not been renovated
- Building systems at the age where big repairs come up
- Many newer towers nearby competing for buyers and tenants
- Traffic on Burnhamthorpe Road and possible noise from events at the square
Ovation is the kind of building I like for buyers who want space and location more than a brand-new lobby. The suites are generally larger than what is being built now, and the square, the library and Square One are on your doorstep. The trade-off is age, so the reserve fund study decides the deal. If it is healthy and the board has a plan for the next ten years, a well-kept Ovation suite can be good value against new towers. If the fund is thin, price in the risk or walk away.
Who is Ovation best for?
- Downsizers who want a two-bedroom with real room and a concierge
- Families or roommates who need more square footage than new one-bedroom-plus-den layouts offer
- Long-term renters who value rent control and a walkable downtown
- People who work in the City Centre and want to walk to the office
It is a weaker fit for buyers who want the newest finishes and amenities, or a daily rail commute to downtown Toronto. If you are comparing City Centre towers, my top 5 condos to buy in Mississauga gives other options.
Buying or renting at Ovation in 2027: what should you check?
Grand Ovation and Ultra Ovation are separate corporations with separate budgets. Do not assume what one tower’s fee includes, or how healthy its reserve fund is, based on the other. Get the status certificate for the exact suite, and have your lawyer check for special assessments and lawsuits in that corporation.
For buyers:
- Read the reserve fund study and the last two years of board minutes for planned major work
- Confirm what the fee includes, and get recent hydro bills
- Check the parking space and locker are tied to the suite
- Look at noise exposure if the suite faces Burnhamthorpe Road or the square
- Budget land transfer tax: on Mississauga’s 2026 median of $485,000 it is $6,175 under Ontario’s rates, with no municipal tax. First-time buyers can get up to $4,000 refunded
For renters: confirm the current rent was set within the guideline if you are taking over a lease, ask which amenities your key fob opens, and check whether parking and a locker are included.
What to do next
- Run the condo estimator above for a first range on an Ovation suite.
- Pull the last 12 to 24 months of sales in your tower, by floor plan, and compare them with the other Ovation tower.
- Request the status certificate and reserve fund study early.
- Walk the area on a festival weekend and a weekday evening to judge noise and parking.
- Book a call with me if you want a suite-specific price before you list, offer or lease.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
Which condos are closest to Celebration Square in Mississauga?
Several City Centre towers are within a short walk, including Ovation at City Centre at 310 and 330 Burnhamthorpe Road West. Celebration Square, at 300 City Centre Drive beside City Hall, extends south to Burnhamthorpe Road, so Grand Ovation and Ultra Ovation sit very close to it. Square One and the Central Library are also nearby.
Who built Ovation condos in Mississauga?
Tridel developed both Ovation towers, according to the Council on Tall Buildings and Urban Habitat. Grand Ovation, at 310 Burnhamthorpe Road West, has 34 floors and was completed in 2008. Ultra Ovation, at 330 Burnhamthorpe Road West, has 32 floors and was completed in 2010. They are separate condominium corporations with their own budgets.
How much is a condo near Square One in 2027?
About $485,000 at the median, going by the latest data: that was Mississauga’s condo apartment median from January to October 2026, down 9.3% from $535,000, per TRREB MLS data via REALM. TRREB does not report City Centre separately. In October 2026 the city median was $458,500. Larger or higher suites near Square One can sell well above it.
How much is rent near Celebration Square in Mississauga?
Around $2,189 a month for a one-bedroom and $2,713 for a two-bedroom, based on Mississauga averages in TRREB’s Q2 2026 rental market report. That quarter, 1,856 apartments were leased city-wide. TRREB does not publish City Centre figures, so a large suite with parking near Celebration Square can lease above these averages.
What amenities does Grand Ovation have?
Public building profiles list a concierge, gym, pool, sauna, rooftop deck, barbecues, guest suites, a meeting or function room and an outdoor patio or garden at Grand Ovation, 310 Burnhamthorpe Road West. Ultra Ovation lists a similar set with security and a party room. Confirm current amenities and any shared-use rules in the status certificate and declaration.
Are Ovation condos rent controlled?
Yes. Both Ovation towers were completed in 2008 and 2010, before 15 November 2018, so Ontario’s rent increase guideline applies to sitting tenants: 2.1% in 2026 and 1.9% for 2027. Landlords must give at least 90 days’ written notice and wait at least 12 months between increases. New tenants’ starting rent is not capped.
When will the LRT reach Square One?
No date has been published. Metrolinx’s Hazel McCallion Line is an 18-km, 19-stop light rail line from Port Credit GO to Brampton Gateway Terminal, and its project page gives no opening date. Metrolinx lists a separate Downtown Mississauga Extension, which would serve the City Centre more directly, under its future transit planning projects, so treat City Centre rail as a long-term plan.
Do you pay Toronto land transfer tax on a Mississauga condo?
No. Mississauga has no municipal land transfer tax, so you pay only Ontario’s. On Mississauga’s 2026 condo apartment median of $485,000, Ontario’s rates work out to $6,175. Eligible first-time buyers can have up to $4,000 refunded. Inside the City of Toronto, a second, municipal tax of about the same size would apply.
Is an older condo near Square One a good buy in 2027?
It can be, if the reserve fund is healthy. Towers like Ovation, finished in 2008 and 2010, often have larger suites than new City Centre buildings and sell for less per square foot. Mississauga condo prices fell 9.3% at the median in 2026, so buyers have leverage. Read the reserve fund study before you firm up.
Sources
- CTBUH Skyscraper Center — Grand Ovation
- CTBUH Skyscraper Center — Ultra Ovation
- A building-data website — Grand Ovation building profile (suites, amenities, corporation)
- City of Mississauga — Celebration Square
- Wikipedia — Mississauga Celebration Square (background)
- Metrolinx — Hazel McCallion Line
- TRREB — Market Watch, October 2026
- TRREB — Rental Market Report, Q2 2026
Related reading
- Living at Exchange District Condos, Mississauga: 2027 Buyer and Renter Guide
- Living at Pinnacle Uptown, Mississauga: 2027 Buyer and Renter Guide
- Living at The Grand Residences at Parkside Village, Mississauga: 2027 Buyer and Renter Guide
- Living at The Condominiums at Square One District, Mississauga: 2027 Buyer and Renter Guide
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.
Reach me at [email protected] or 833-330-1925, or book a call.