Mississauga Submarket Hub

Mississauga North Apartments for Rent & Condo Comps

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 35 tracked properties across Mississauga North, Mississauga.

Postal Codes Covered:L4T, L4Z, L5N, L5R, L5V

Mississauga North Rental Market Overview

Rental market activity across Mississauga North (postal forward sortation area L4T) reflects a balanced, highly liquid pricing environment as of late summer 2026. Public transaction records from FastScreen show an average realized rent of $2,535 based on 49 closed leases executed over the trailing 30 days, operating alongside 45 active listings currently available on the market. Landlords across the submarket's 35 tracked condominium developments maintain an average asking rent of $2,680, establishing a modest asking-to-realized spread of $145 per month where well-priced suites secure tenants rapidly while over-extended listings experience minor friction. Realized leasing rates in Mississauga North sit at a slight discount compared to the broader Mississauga municipal average of $2,610, offering renters an accessible entry point into the regional market without sacrificing proximity to key transit corridors.

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Mississauga North

Active Listings
45units
Across 35 buildings
Average Asking Rent
$2,680/mo
+1.2% Asking Trend
Average Unit Size
813SF
Asking layout average
Average Asking / SF
$3.44/SF
Current asking rate
Average Days on Market
22days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Mississauga North

Units Leased
49closed
Executed transactions
Average Leased Rent
$2,535/mo
-2.3% MoM Delta
Average Leased SF
763SF
Executed size average
Average Leased / SF
$3.43/SF
Realized per-foot rate
Average Days on Market
23days
Days to execute lease

Mississauga North Rental Rates by Unit Layout

Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.

Studio / Bachelor
$1,724/mo
$3.75/SF · 460 SF
-$50 vs Mississauga
1-Bedroom
$2,114/mo
$3.64/SF · 607 SF
-$25 vs Mississauga
1-Bedroom + Den
$2,288/mo
$3.65/SF · 630 SF
-$34 vs Mississauga
2-Bedroom
$2,763/mo
$3.21/SF · 868 SF
-$107 vs Mississauga
2-Bedroom + Den
$3,038/mo
$3.30/SF · 950 SF
-$93 vs Mississauga
3-Bedroom+
$3,433/mo
$2.84/SF · 1199 SF
-$481 vs Mississauga

Mississauga North Tracked Buildings & Lease Comps

Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Mississauga North, Mississauga.

Canopy Towers

5081-5105 Hurontario Street

$2,527
avg leased
Leased $/SF: $3.71/SF
Days on Market: 23d
Closed Leases: 12
Active Supply: 11 units
503 Total SuitesBuilding Comps
Mississauga Square

8 Nahani Way

$2,350
avg leased
Leased $/SF: $3.63/SF
Days on Market: 19d
Closed Leases: 8
Active Supply: 7 units
404 Total SuitesBuilding Comps
Gemma Condos

15 Watergarden Drive

$2,613
avg leased
Leased $/SF: $3.49/SF
Days on Market: 13d
Closed Leases: 4
Active Supply: 4 units
406 Total SuitesBuilding Comps
Skymark West II

25 Kingsbridge Garden Circ

$2,400
avg leased
Leased $/SF: $2.38/SF
Days on Market: 30d
Closed Leases: 3
Active Supply: 2 units
375 Total SuitesBuilding Comps
Tuscany Gates

220 Forum Dr

$2,650
avg leased
Leased $/SF: $3.14/SF
Days on Market: 28d
Closed Leases: 3
Active Supply: 2 units
236 Total SuitesBuilding Comps
Towers I and II Condos

25 Trailwood Drive

$2,667
avg leased
Leased $/SF: $2.50/SF
Days on Market: 19d
Closed Leases: 3
Active Supply: 1 units
374 Total SuitesBuilding Comps
$3,183
avg leased
Leased $/SF: $3.16/SF
Days on Market: 13d
Closed Leases: 3
Active Supply: 1 units
316 Total SuitesBuilding Comps
Residences of Strathaven

55 Strathaven Dr

$2,467
avg leased
Leased $/SF: $3.51/SF
Days on Market: 31d
Closed Leases: 3
Active Supply: 1 units
286 Total SuitesBuilding Comps
$2,567
avg leased
Leased $/SF: $3.52/SF
Days on Market: 26d
Closed Leases: 3
Active Supply: 1 units
212 Total SuitesBuilding Comps
Amber 2 at Uptown

5033 Four Springs Ave

$2,733
avg leased
Leased $/SF: $3.27/SF
Days on Market: 22d
Closed Leases: 3
Active Supply: 0 units
212 Total SuitesBuilding Comps
Amber at Uptown Tower 1

5025 Four Springs Ave

$2,300
avg leased
Leased $/SF: $3.85/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 3 units
234 Total SuitesBuilding Comps
$2,550
avg leased
Leased $/SF: $3.37/SF
Days on Market: 14d
Closed Leases: 2
Active Supply: 1 units
251 Total SuitesBuilding Comps
Skymark West I

35 Kingsbridge Garden Circ

$2,300
avg leased
Leased $/SF: $3.29/SF
Days on Market: 18d
Closed Leases: 1
Active Supply: 2 units
387 Total SuitesBuilding Comps
Kingsbridge Grand III

4450 Tucana Crt

$2,900
avg leased
Leased $/SF: $2.23/SF
Days on Market: 29d
Closed Leases: 1
Active Supply: 2 units
200 Total SuitesBuilding Comps
3533 Derry Condos

3533-3577 Derry Rd E

$2,600
avg leased
Leased $/SF: $2.36/SF
Days on Market: 26d
Closed Leases: 1
Active Supply: 1 units
351 Total SuitesBuilding Comps
101 Bristol

101 Bristol Road E

$1,799
avg leased
Leased $/SF: $3.27/SF
Days on Market: 11d
Closed Leases: 1
Active Supply: 1 units
230 Total SuitesBuilding Comps
Towers

35 Trailwood Drive

$2,700
avg leased
Leased $/SF: $2.84/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
374 Total SuitesBuilding Comps
Park Mansion

45 Kingsbridge Garden Circ

$2,200
avg leased
Leased $/SF: $3.38/SF
Days on Market: 97d
Closed Leases: 1
Active Supply: 0 units
358 Total SuitesBuilding Comps
Kingsbridge Grand II

4460 Tucana Crt

$2,800
avg leased
Leased $/SF: $2.95/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 0 units
250 Total SuitesBuilding Comps
The Californian

50 Kingsbridge Garden Circ

$2,300
avg leased
Leased $/SF: $2.71/SF
Days on Market: 5d
Closed Leases: 1
Active Supply: 0 units
250 Total SuitesBuilding Comps
The Esprit

50 Eglinton Ave W

$3,150
avg leased
Leased $/SF: $3.03/SF
Days on Market: 43d
Closed Leases: 1
Active Supply: 0 units
219 Total SuitesBuilding Comps
$2,200
avg leased
Leased $/SF: $4.00/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
152 Total SuitesBuilding Comps
2301 Derry Road

2301 Derry Road W

$2,850
avg leased
Leased $/SF: $3.35/SF
Days on Market: 86d
Closed Leases: 1
Active Supply: 0 units
141 Total SuitesBuilding Comps
Malton Mansions

7405 Goreway Dr

$2,200
avg leased
Leased $/SF: $2.32/SF
Days on Market: 10d
Closed Leases: 1
Active Supply: 0 units
135 Total SuitesBuilding Comps
117 Bristol Road E

117 Bristol Road E

$1,800
avg leased
Leased $/SF: $3.27/SF
Days on Market: 9d
Closed Leases: 1
Active Supply: 0 units
Condo ResidenceBuilding Comps
Kingsbridge Grand I

4470 Tucana Crt

$2,850
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 3 units
250 Total SuitesBuilding Comps
The Mansion

55 Kingsbridge Garden Circ

$4,000
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
332 Total SuitesBuilding Comps
Centre at Square One III

700 Constellation Dr

$2,900
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
184 Total SuitesBuilding Comps
Origin Evergreen

810 Scollard Court

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
160 Total SuitesBuilding Comps
95 Trailwood Condos

65 Trailwood Drive

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
124 Total SuitesBuilding Comps
95 Trailwood Condos

95 Trailwood Drive

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
124 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
57 Total SuitesBuilding Comps
211 Forum Condos

211 Forum Drive

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
36 Total SuitesBuilding Comps
14 North Alarton Street

14 North Alarton Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
11 Total SuitesBuilding Comps
Elder Gardens

7555 Goreway Drive

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
Calculation Methodology & Metrics Context (August 2026)
Average Leased Rent:

Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Mississauga North.

Leased $/SF & Density:

Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).

Closed Leases & Fallbacks:

Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.

Days on Market & Supply:

The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.

Mississauga North Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Mississauga North

Rental market activity across Mississauga North (postal forward sortation area L4T) reflects a balanced, highly liquid pricing environment as of late summer 2026. Public transaction records from FastScreen show an average realized rent of $2,535 based on 49 closed leases executed over the trailing 30 days, operating alongside 45 active listings currently available on the market. Landlords across the submarket's 35 tracked condominium developments maintain an average asking rent of $2,680, establishing a modest asking-to-realized spread of $145 per month where well-priced suites secure tenants rapidly while over-extended listings experience minor friction. Realized leasing rates in Mississauga North sit at a slight discount compared to the broader Mississauga municipal average of $2,610, offering renters an accessible entry point into the regional market without sacrificing proximity to key transit corridors.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in Mississauga North is currently $2,535/month ($3.43/SF), with an average leasing velocity of 23 Days on Market. Compared to the overall Mississauga municipal benchmark ($2,609/month), Mississauga North trades at a 3% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 101 Bristol ($1,799/mo) to Perla at Uptown - East Tower ($3,183/mo).

Month Over Month Trends

Short-term pricing adjustments show a slight downward movement month-over-month, with average realized rents decreasing by $61, or 2.35%, dropping from $2,596 across 51 closed leases in the prior 30-day window to $2,535 across 49 closed leases in the current 30-day window. This minor variance reflects normal monthly fluctuations in closed unit mixes—particularly shifts in the proportion of compact 1-bedroom versus larger multi-bedroom transactions settling within the tracked 35 buildings—rather than a broader structural correction in underlying asset values.

Longer Term Trends & Rental Dispersion

Mid-term and historical baselines highlight sustained pricing stability across the submarket. Over the trailing 90-day and 180-day periods, average realized rents have held steady at $2,571 per month, matching the historical baseline average of $2,571 across 200 total historical leases. Market price dispersion across the submarket's 200 tracked transactions ranges from a minimum of $1,300 to a maximum of $4,000 per month, with a median rent of $2,500. The middle 50% of the market—defined by the interquartile range—spans from a 25th percentile rent of $2,250 to a 75th percentile rent of $2,800, creating a predictable $550 spread that separates entry-level private accommodations from premium executive suites.

Currently across Mississauga North's 35 tracked multi-family properties, there are 45 active rental listings with an average asking rent of $2,680/month ($3.44/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,535/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

Prospective tenants searching in Mississauga North should target the middle 50% benchmark range, where monthly rents typically fall between $2,250 and $2,800. Renters looking to step up from a 1-bedroom layout to a 1-bedroom plus den suite can expect a rent step-up of $145 per month (a 6.81% increase) in exchange for an additional 32 square feet. Upgrading further from a 1-bedroom configuration to a standard 2-bedroom suite requires an average monthly step-up of $587 (a 27.56% increase) yielding an extra 311 square feet. For larger households, moving from a 2-bedroom unit to a 3-bedroom layout involves a rent step-up of $727 per month (a 26.76% increase) and an additional 182 square feet of living space. With an average days-on-market timeline of 23 days, applicants should prepare required documentation in advance, as well-priced units lease rapidly.

For Landlords

Condo investors and landlords operating in Mississauga North must closely monitor the $145 asking-to-realized spread when establishing initial list prices. Active listings currently average $2,680 per month against closed lease contracts averaging $2,535, indicating that aspirational pricing targets risk extending vacancy timelines beyond the submarket's 23-day average. Property owners should align their pricing strategy with the middle 50% benchmark band ($2,250 to $2,800) and ensure units are presented competitively to capture strong local absorption.

For Realtors

Real Estate agents representing clients in Mississauga North navigate a well-balanced leasing market backed by steady transaction liquidity across 35 tracked condominium developments in postal forward sortation area L4T. With an absorption rate of 52.1% and an average of 23 days on market, agents should advise landlord clients to bridge the gap between asking averages ($2,680) and realized execution prices ($2,535) early in the marketing cycle to minimize vacancy loss. Managing client expectations around bedroom step-ups—particularly the transition from 1-bedroom units to 2-bedroom layouts—ensures realistic offers in a competitive submarket.

Frequently Asked Questions

Mississauga North Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating Mississauga North, Mississauga

What is the average rent for a condominium or apartment in Mississauga North, Mississauga?

Mississauga North's average realized lease price is $2,535 per month ($3.43 per square foot), based on 49 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from a 25th percentile rent of $2,250 to a 75th percentile rent of $2,800, with a median rent of $2,500. This realized benchmark sits slightly below the broader Mississauga municipal average of $2,610 per month.

How much is a 1-bedroom apartment in Mississauga North?

The average rent for a 1-bedroom apartment in Mississauga North, Mississauga is $2,130 per month ($3.69 per square foot) across an average size of 595 square feet, while 1-bedroom plus den suites average $2,275 per month ($3.65 per square foot) across 627 square feet, based on 180-day trailing data. Most standard 1-bedroom units lease between $2,100 (25th percentile) and $2,200 (75th percentile) per month, with extreme transactions ranging from $1,300 to $2,500.

How much is a 2-bedroom apartment in Mississauga North?

The average rent for a 2-bedroom apartment in Mississauga North, Mississauga is $2,717 per month ($3.10 per square foot) across 906 square feet, while 2-bedroom plus den suites average $2,970 per month ($2.96 per square foot) across 1,027 square feet, based on 180-day trailing data. Most 2-bedroom units lease between $2,500 (25th percentile) and $2,800 (75th percentile) per month, representing a rent step-up of $587 and an additional 311 square feet compared to standard 1-bedroom layouts.

How much is a 3-bedroom apartment in Mississauga North?

The average rent for a 3-bedroom apartment in Mississauga North, Mississauga is $3,444 per month ($4.11 per square foot) across an average size of 1,088 square feet, based on 180-day trailing data. Three-bedroom and larger configurations represent a scarce inventory segment within the submarket, recording 9 closed leases historically with a median lease rent of $3,300 and a 75th percentile ceiling of $3,750 per month.

What are the most affordable and premium condo and apartment buildings in Mississauga North?

Within Mississauga North, Skymark West I commands the highest average lease rate at approximately $3,038 per month across 8 recorded transactions, while entry-level private transactions across tracked submarket inventory start around $1,699 per month at Elder Gardens.

How does rent in Mississauga North compare to the overall Mississauga average?

Mississauga North rents average $2,535 per month, which is lower than the overall Mississauga average of $2,610 per month (a spread of $75 or 2.87%). Properties in Mississauga North spend an average of 23 days on the market, matching the broader Mississauga municipal average of 23 days.

What are the postal code FSAs for Mississauga North?

Condo and apartment rentals in Mississauga North primarily fall within postal forward sortation areas such as L4T.

How fast do rental units lease in Mississauga North (Days on Market)?

Rental listings in Mississauga North spend an average of 23 days on the market before leasing, based on 30-day tracking through August 31, 2026—matching the broader Mississauga municipal benchmark of 23 days.

How should landlords price their rental listings in Mississauga North to avoid vacancy loss?

With active listings averaging $2,680 against closed leases at $2,535—an asking-to-realized spread of $145 per month—landlords should align asking rates with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the submarket average of 23 days.

How much more will a unit with a parking spot in Mississauga North rent for versus a unit without one?

A distinct parking premium cannot be isolated from current data because most tracked listings either bundle parking into the lease or sample variations in unit size obscure the standalone rate.

Are parking spaces, lockers, and utilities included in Mississauga North rents?

Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.

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