Mississauga West Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 45 tracked properties across Mississauga West, Mississauga.
Mississauga West Rental Market Overview
As of late summer 2026, the Mississauga West submarket—encompassing postal forward sortation areas L5K and L5L across 45 tracked residential buildings—demonstrates high-speed leasing activity paired with noticeable asking-to-realized price dispersion. Through the 30-day window ending August 31, 2026, the area recorded 57 closed leases with an effective average realized rent of $2,589 per month ($3.53 per square foot), running nearly parallel to the broader Mississauga municipal average of $2,610. Alongside this closed transaction volume, the submarket currently maintains 43 active listings with an average asking rent of $2,752 per month ($3.71 per square foot), creating a realized spread of $163 per month where landlord asking targets sit above executed lease contracts. Multi-residential leasing in this pocket is heavily anchored by 1-bedroom and 2-bedroom suite configurations, which drive the vast majority of executed transaction volume across the local housing stock.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Mississauga West
Closed Leases
Transactions that closed in August 2026 across Mississauga West
Mississauga West Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Mississauga West Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Mississauga West, Mississauga.
| Action | |||||
|---|---|---|---|---|---|
Kindred Condos 2495 Eglinton Ave W | $2,603/mo | $3.67/SF | 8leases | 5units | Comps |
The Kith 2485 Eglinton Ave W | $2,212/mo | $3.96/SF | 6leases | 8units | Comps |
Erin Square - Tower B 4675 Metcalfe Ave | $2,725/mo | $3.66/SF | 6leases | 2units | Comps |
Erin Mills 2560 Eglinton Ave W | $2,388/mo | $3.56/SF | 4leases | 4units | Comps |
Downtown Erin Mills 4633 Glen Erin Dr | $2,656/mo | $3.46/SF | 4leases | 1unit | Comps |
Downtown Erin Mills - Tower 2 4655 Glen Erin Dr | $3,063/mo | $3.40/SF | 4leases | 1unit | Comps |
Windows on the Green 3170 Erin Mills Pkwy | $2,275/mo | $3.39/SF | 4leases | 0units | Comps |
Parkway Place III 2545 Erin Centre Blvd | $2,217/mo | $3.82/SF | 3leases | 1unit | Comps |
Nevada at Eagle Ridge 2177 Burnhamthorpe Rd W | $2,600/mo | $3.19/SF | 3leases | 0units | Comps |
[HOT] Condos - III 5005 Harvard Rd | $2,300/mo | $3.39/SF | 3leases | 0units | Comps |
Mills Square East Tower - Downtown Erin Mills 4 4699 Glen Erin Dr | $3,050/mo | $3.59/SF | 2leases | 2units | Comps |
Miracle in Mississauga 4900 Glen Erin Dr | $2,925/mo | $3.17/SF | 2leases | 1unit | Comps |
The Way Urban Towns 3401 Ridgeway Drive / 3473 Widdicombe Way | $2,050/mo | $4.44/SF | 2leases | 1unit | Comps |
First Home Destination Drive 2 - Building 9 5170 Winston Churchill Blvd | $2,450/mo | $2.87/SF | 2leases | 1unit | Comps |
Papillon Place I 4879 Kimbermount Ave | $2,550/mo | $3.22/SF | 2leases | 0units | Comps |
Hallmark Place 6720 Glen Erin Drive W | $2,375/mo | $2.87/SF | 2leases | 0units | Comps |
Parkway Place I 2565 Erin Centre Blvd | $2,625/mo | $3.41/SF | 2leases | 0units | Comps |
[HOT] Condos 5025 Harvard Rd | $2,200/mo | $3.38/SF | 2leases | 0units | Comps |
Arc Condominiums - Erin Mills 2 2520 Eglinton Ave W | $2,900/mo | $3.44/SF | 1lease | 4units | Comps |
Erin Square - Tower A 4655 Metcalfe Ave | $2,900/mo | $3.41/SF | 1lease | 2units | Comps |
Papillon Place II 4889 Kimbermount Ave | $3,000/mo | $3.16/SF | 1lease | 1unit | Comps |
Papillon Place III 4850 Glen Erin Dr | $2,100/mo | $3.50/SF | 1lease | 1unit | Comps |
First Home Long Valley 3055 Thomas St | $2,200/mo | $3.38/SF | 1lease | 1unit | Comps |
2485 Woking Condos 2485 Woking Crescent | $2,300/mo | $2.71/SF | 1lease | 1unit | Comps |
Eagle Ridge 2155 Burnhamthorpe Rd W | $3,250/mo | $2.50/SF | 1lease | 0units | Comps |
Meadowvale Place 2900 Battleford Road | $2,500/mo | $3.33/SF | 1lease | 0units | Comps |
Rockcliffe on the Park Apartments 6719 Glen Erin Drive | $2,400/mo | $2.53/SF | 1lease | 0units | Comps |
Mills Square - West Tower - Downtown Erin Mills 3 4677 Glen Erin Dr | $3,050/mo | $3.21/SF | 1lease | 0units | Comps |
The Aquitaine Condos 2929 Aquitaine Avenue | $2,900/mo | $2.64/SF | 1lease | 0units | Comps |
The Parkview 6500 Montevideo Road W | $3,200/mo | $2.46/SF | 1lease | 0units | Comps |
Parkway Place II 2585 Erin Centre Blvd | $2,800/mo | $3.29/SF | 1lease | 0units | Comps |
Amica Erin Mills 4640 Kimbermount Avenue | $2,100/mo | $3.23/SF | 1lease | 0units | Comps |
First Home Destination Drive 5100 Winston Churchill Blvd | $2,850/mo | $2.59/SF | 1lease | 0units | Comps |
First Home Long Valley Phase 2 - Building 2 3075 Thomas St | $2,250/mo | $3.46/SF | 1lease | 0units | Comps |
Oddfellow's Hall 271 Queen Street South | $2,500/mo | $3.33/SF | 1lease | 0units | Comps |
First Home Destination Drive 2 - Building 10 5150 Winston Churchill Blvd | $2,300(ask) | $3.20 (ask) | 0leases | 2units | Comps |
Tannery Square 32 Tannery St | $3,000(ask) | $2.96 (ask) | 0leases | 1unit | Comps |
First Home Long Valley Phase 2 - Building 1 5705 Long Valley Rd | $2,800(ask) | $2.95 (ask) | 0leases | 1unit | Comps |
23 Swanhurst Boulevard 23 Swanhurst Boulevard | $4,250(ask) | $10.63 (ask) | 0leases | 1unit | Comps |
2415 Bankside 2415 Bankside Drive | $1,525(ask) | $2.18 (ask) | 0leases | 1unit | Comps |
2891 Rio Court Townhomes 2891 Rio Court | — | — | 0leases | 0units | Comps |
Daniels Northtowne 3150 Erin Centre Boulevard | — | — | 0leases | 0units | Comps |
Condos II 5035 Harvard Rd | — | — | 0leases | 0units | Comps |
Condos on Broadway 215 Broadway St | — | — | 0leases | 0units | Comps |
5557 Oscar Peterson Boulevard 5557 Oscar Peterson Boulevard | — | — | 0leases | 0units | Comps |
2495 Eglinton Ave W
2485 Eglinton Ave W
4675 Metcalfe Ave
2560 Eglinton Ave W
4633 Glen Erin Dr
4655 Glen Erin Dr
3170 Erin Mills Pkwy
2545 Erin Centre Blvd
2177 Burnhamthorpe Rd W
5005 Harvard Rd
4699 Glen Erin Dr
4900 Glen Erin Dr
3401 Ridgeway Drive / 3473 Widdicombe Way
5170 Winston Churchill Blvd
4879 Kimbermount Ave
6720 Glen Erin Drive W
2565 Erin Centre Blvd
5025 Harvard Rd
2520 Eglinton Ave W
4655 Metcalfe Ave
4889 Kimbermount Ave
4850 Glen Erin Dr
3055 Thomas St
2485 Woking Crescent
2155 Burnhamthorpe Rd W
2900 Battleford Road
6719 Glen Erin Drive
4677 Glen Erin Dr
2929 Aquitaine Avenue
6500 Montevideo Road W
2585 Erin Centre Blvd
4640 Kimbermount Avenue
5100 Winston Churchill Blvd
3075 Thomas St
271 Queen Street South
5150 Winston Churchill Blvd
32 Tannery St
5705 Long Valley Rd
23 Swanhurst Boulevard
2415 Bankside Drive
2891 Rio Court
3150 Erin Centre Boulevard
5035 Harvard Rd
215 Broadway St
5557 Oscar Peterson Boulevard
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Mississauga West.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
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.
The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.
Mississauga West Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Mississauga West
As of late summer 2026, the Mississauga West submarket—encompassing postal forward sortation areas L5K and L5L across 45 tracked residential buildings—demonstrates high-speed leasing activity paired with noticeable asking-to-realized price dispersion. Through the 30-day window ending August 31, 2026, the area recorded 57 closed leases with an effective average realized rent of $2,589 per month ($3.53 per square foot), running nearly parallel to the broader Mississauga municipal average of $2,610. Alongside this closed transaction volume, the submarket currently maintains 43 active listings with an average asking rent of $2,752 per month ($3.71 per square foot), creating a realized spread of $163 per month where landlord asking targets sit above executed lease contracts. Multi-residential leasing in this pocket is heavily anchored by 1-bedroom and 2-bedroom suite configurations, which drive the vast majority of executed transaction volume across the local housing stock.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Mississauga West is currently $2,589/month ($3.53/SF), with an average leasing velocity of 16 Days on Market. Compared to the overall Mississauga municipal benchmark ($2,609/month), Mississauga West trades at a 1% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from The Way Urban Towns ($2,050/mo) to Eagle Ridge ($3,250/mo).
Month Over Month Trends
Month-over-month rental rates in Mississauga West experienced minimal downward adjustment, shifting by -$2 per month (-0.08%) from the prior 30-day period when realized rents averaged $2,591 across 56 closed transactions to the current 30-day average of $2,589 across 57 closed leases. This virtually flat month-over-month trajectory underscores a stable pricing equilibrium where steady tenant demand matches available suite turnover across the submarket's 45 tracked developments.
Longer Term Trends & Rental Dispersion
Mid-term and all-term baseline performance highlights established pricing reliability across Mississauga West. Over the trailing 90-day window, 167 closed leases averaged $2,593 per month at $3.45 per square foot, while 180-day metrics record 231 leases averaging $2,578 per month. Overall rent dispersion across the submarket's 231-sample historical baseline spans from a minimum monthly rent of $1,700 to a maximum of $3,400, with a median rent of $2,500. The middle 50% of the market—bounded by the 25th percentile at $2,250 and the 75th percentile at $2,900—reflects an interquartile range (IQR) of $650 per month, illustrating a well-defined spread between entry-level multi-residential suites and executive-tier rental inventory.
Currently across Mississauga West's 45 tracked multi-family properties, there are 43 active rental listings with an average asking rent of $2,752/month ($3.71/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,589/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants targeting Mississauga West should prepare for a competitive, fast-moving leasing environment where properties average just 16 days on the market. Renters should aim for the middle 50% benchmark range, where monthly rents typically fall between $2,250 and $2,900. Stepping up from a standard 1-bedroom suite (averaging $2,104 per month for 30-day closed leases at 608 square feet) to a 2-bedroom configuration requires an average monthly rent step-up of $633 (a 29.2% increase) while gaining 270 square feet of additional living space. Meanwhile, upgrading from a 2-bedroom suite to a 3-bedroom layout adds an average of $369 per month and 198 square feet. Renters should verify parking terms prior to application, as unbundled lease comps indicate that reserved parking premiums can add notable monthly costs depending on the building.
For Landlords
Landlords and condo investors operating in Mississauga West benefit from a high-absorption environment (57.0%) where properties lease in an average of 16 days—outpacing the broader municipal average by 7 days. However, owners must navigate an asking-to-realized spread of $163 per month, where average asking rents ($2,752) sit moderately above closed lease contracts ($2,589). To avoid extended vacancies beyond the local 16-day average, landlords should anchor pricing strategies to verified closed lease comps within the middle 50% submarket band ($2,250 to $2,900) rather than relying on aspirational asking targets. Overpricing outside this established threshold risks lengthening days on market in a submarket where tenants have access to 43 active alternative properties.
For Realtors
Real Estate agents representing clients in Mississauga West are navigating an active submarket characterized by strong liquidity across 45 tracked residential buildings in postal areas L5K and L6L. With 57 closed leases executed over the trailing 30 days at an average DOM of 16 days, inventory moves swiftly compared to the wider Mississauga municipal benchmark of 23 days. Practitioners should actively manage client expectations regarding the $163 asking-to-realized spread, advising landlord clients to moderate initial list prices to align with recent 30-day closed benchmarks, while guiding tenant clients to act decisively with complete documentation given the brisk 57% absorption rate.
Mississauga West Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Mississauga West, Mississauga
What is the average rent for a condominium or apartment in Mississauga West, Mississauga?
Mississauga West's average realized lease price is $2,589 per month ($3.53/sqft), based on 57 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges from $2,250 (25th percentile) to $2,900 (75th percentile) per month, comparing closely to the broader Mississauga municipal average of $2,610 per month.
How much is a 1-bedroom apartment in Mississauga West?
The average rent for a 1-bedroom apartment in Mississauga West, Mississauga is $2,104 per month ($3.77/sqft) based on 30-day data ending August 31, 2026, while 1-bedroom plus den suites average $2,440 per month ($3.51/sqft). Most 1-bedroom units lease between $2,100 (25th percentile) and $2,250 (75th percentile) per month, with an average size of 608 square feet.
How much is a 2-bedroom apartment in Mississauga West?
The average rent for a 2-bedroom apartment in Mississauga West, Mississauga is $2,849 per month ($3.36/sqft) based on 30-day data ending August 31, 2026, while 2-bedroom plus den suites average $2,989 per month ($3.40/sqft). Most 2-bedroom units lease between $2,675 and $2,900 per month, representing an average rent step-up of $633 and 270 square feet over a standard 1-bedroom layout.
How much is a 3-bedroom apartment in Mississauga West?
The average rent for a 3-bedroom apartment in Mississauga West, Mississauga is $3,117 per month ($3.14/sqft), based on 3 closed transactions recorded over the trailing 30 days ending August 31, 2026. Three-bedroom suites represent a specialized inventory segment with an average size of 1,076 square feet and closed lease rates ranging from $2,800 to $3,400 per month.
What are the most affordable and premium condo and apartment buildings in Mississauga West?
Within Mississauga West, Daniels Northtowne commands the highest average lease rate at approximately $3,300 per month, while Amica Erin Mills offers entry-level private transactions starting around $2,100 per month based on tracked single-lease benchmarks.
How does rent in Mississauga West compare to the overall Mississauga average?
Mississauga West rents average $2,589 per month, which is lower than the overall Mississauga average of $2,610 per month (a spread of $21 or 0.8%). Properties in Mississauga West spend an average of 16 days on the market—leasing 7 days faster than the broader Mississauga municipal benchmark of 23 days.
What are the postal code FSAs for Mississauga West?
Condo and apartment rentals in Mississauga West primarily fall within postal forward sortation areas (FSAs) such as L5K and L5L.
How fast do rental units lease in Mississauga West (Days on Market)?
Rental listings in Mississauga West spend an average of 16 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 7 days faster than the broader Mississauga municipal benchmark of 23 days.
How should landlords price their rental listings in Mississauga West to avoid vacancy loss?
With active listings averaging $2,752 against closed leases at $2,589—an asking-to-realized spread of $163 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the submarket average of 16 days.
How much more will a unit with a parking spot in Mississauga West rent for versus a unit without one?
Reserved parking in Mississauga West adds an estimated $173 to $332 per month across 1-bedroom and 1-bedroom plus den rental rates, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Mississauga West rents?
Across most Ontario condominium developments, suite electricity (hydro) and climate energy are individually metered and paid by the tenant, whereas water and building maintenance are covered by the owner's condo fees.
Explore Other Mississauga Submarkets
Compare neighbourhood comps and rental rates for leased units across Mississauga against Mississauga West