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 the Mississauga North submarket—encompassing postal forward sortation area L4T within the municipality of Mississauga—reflects a high-speed absorption environment. As of late September 2026, the submarket recorded an average realized rent of $2,515 per month based on 58 closed leases over the trailing 30 days, operating alongside 41 active listings currently on the market. This snapshot indicates robust leasing velocity backed by an absorption rate of 58.6%. Across the 35 tracked multi-residential developments in the area, asking rents average $2,720 per month at $3.35 per square foot, yielding an asking-to-realized spread of $205 per month between landlord expectations and executed tenant contracts.

When evaluated against broader municipal benchmarks, rental rates in the Mississauga North submarket demonstrate a modest discount of $47 per month—representing a 1.83% variance compared to the wider town-wide average of $2,562 per month across Mississauga. Transaction volume is heavily anchored by 1-bedroom and 2-bedroom configurations, which collectively drive the majority of signed lease agreements across the submarket's tracked building inventory.

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Analyze verified lease comps and active asking rates across 35 buildings in Mississauga North.

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Active Rental Inventory

Listed and Tracked by FastScreen as of September 2026

Current publicly listed rental units and asking prices across Mississauga North

Active Listings
41units
Across 35 buildings
Average Asking Rent
$2,720/mo
0.0% Asking Trend
Average Unit Size
860SF
Asking layout average
Average Asking / SF
$3.35/SF
Current asking rate
Average Days on Market
23days
Active listing age

Closed Leases

Transactions that closed in September 2026 across Mississauga North

Units Leased
58closed
Executed transactions
Average Leased Rent
$2,515/mo
-1.8% MoM Delta
Average Leased SF
746SF
Executed size average
Average Leased / SF
$3.53/SF
Realized per-foot rate
Average Days on Market
18days
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 September 2026.

Studio / Bachelor
$1,828*/mo
$4.51/SF · 405 SF
*Mississauga benchmark comp
Parity vs Mississauga
1-Bedroom
$2,177/mo
$3.96/SF · 566 SF
-$13 vs Mississauga
1-Bedroom + Den
$2,339/mo
$3.66/SF · 642 SF
-$16 vs Mississauga
2-Bedroom
$2,633/mo
$3.36/SF · 798 SF
-$129 vs Mississauga
2-Bedroom + Den
$2,885/mo
$3.08/SF · 964 SF
-$35 vs Mississauga
3-Bedroom+
$4,000/mo
$2.52/SF · 1600 SF
+$275 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

$2,378
avg leased
Leased $/SF: $3.88/SF
Days on Market: 22d
Closed Leases: 17
Active Supply: 4 units
503 Total SuitesBuilding Comps
Mississauga Square

8 Nahani Way

$2,271
avg leased
Leased $/SF: $3.71/SF
Days on Market: 12d
Closed Leases: 7
Active Supply: 6 units
404 Total SuitesBuilding Comps
Amber at Uptown Tower 1

5025 Four Springs Ave

$2,792
avg leased
Leased $/SF: $3.37/SF
Days on Market: 16d
Closed Leases: 6
Active Supply: 0 units
234 Total SuitesBuilding Comps
$2,460
avg leased
Leased $/SF: $3.33/SF
Days on Market: 14d
Closed Leases: 5
Active Supply: 0 units
212 Total SuitesBuilding Comps
$2,430
avg leased
Leased $/SF: $3.97/SF
Days on Market: 11d
Closed Leases: 4
Active Supply: 5 units
316 Total SuitesBuilding Comps
Towers

35 Trailwood Drive

$2,633
avg leased
Leased $/SF: $2.52/SF
Days on Market: 21d
Closed Leases: 3
Active Supply: 1 units
374 Total SuitesBuilding Comps
Gemma Condos

15 Watergarden Drive

$2,625
avg leased
Leased $/SF: $3.81/SF
Days on Market: 32d
Closed Leases: 2
Active Supply: 4 units
406 Total SuitesBuilding Comps
Skymark West II

25 Kingsbridge Garden Circ

$2,575
avg leased
Leased $/SF: $3.04/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 4 units
375 Total SuitesBuilding Comps
Towers I and II Condos

25 Trailwood Drive

$2,675
avg leased
Leased $/SF: $2.55/SF
Days on Market: 13d
Closed Leases: 2
Active Supply: 2 units
374 Total SuitesBuilding Comps
Kingsbridge Grand I

4470 Tucana Crt

$2,875
avg leased
Leased $/SF: $3.03/SF
Days on Market: 29d
Closed Leases: 2
Active Supply: 2 units
250 Total SuitesBuilding Comps
Kingsbridge Grand III

4450 Tucana Crt

$2,850
avg leased
Leased $/SF: $2.60/SF
Days on Market: 13d
Closed Leases: 2
Active Supply: 2 units
200 Total SuitesBuilding Comps
$2,265
avg leased
Leased $/SF: $3.48/SF
Days on Market: 6d
Closed Leases: 2
Active Supply: 1 units
251 Total SuitesBuilding Comps
Skymark West I

35 Kingsbridge Garden Circ

$2,675
avg leased
Leased $/SF: $2.89/SF
Days on Market: 52d
Closed Leases: 2
Active Supply: 0 units
387 Total SuitesBuilding Comps
Residences of Strathaven

55 Strathaven Dr

$2,150
avg leased
Leased $/SF: $3.58/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 2 units
286 Total SuitesBuilding Comps
Tuscany Gates

220 Forum Dr

$2,850
avg leased
Leased $/SF: $2.59/SF
Days on Market: 38d
Closed Leases: 1
Active Supply: 2 units
236 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
The Mansion

55 Kingsbridge Garden Circ

$3,800
avg leased
Leased $/SF: $2.24/SF
Days on Market: 23d
Closed Leases: 1
Active Supply: 1 units
332 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
$3,100
avg leased
Leased $/SF: $3.26/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 1 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: 1 units
141 Total SuitesBuilding Comps
Park Mansion

45 Kingsbridge Garden Circ

$2,350
avg leased
Leased $/SF: $3.92/SF
Days on Market: 3d
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 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
Amber 2 at Uptown

5033 Four Springs Ave

$2,300
avg leased
Leased $/SF: $3.83/SF
Days on Market: 6d
Closed Leases: 1
Active Supply: 0 units
212 Total SuitesBuilding Comps
95 Trailwood Condos

95 Trailwood Drive

$2,500
avg leased
Leased $/SF: $2.63/SF
Days on Market: 29d
Closed Leases: 1
Active Supply: 0 units
124 Total SuitesBuilding Comps
Centre at Square One III

700 Constellation Dr

$3,300
avg asking
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 1 units
184 Total SuitesBuilding Comps
The Californian

50 Kingsbridge Garden Circ

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
250 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
Malton Mansions

7405 Goreway Dr

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
135 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
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
117 Bristol Road E

117 Bristol Road E

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding 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 (September 2026)
Average Leased Rent:

Derived from verified closed lease contracts finalized during September 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 the Mississauga North submarket—encompassing postal forward sortation area L4T within the municipality of Mississauga—reflects a high-speed absorption environment. As of late September 2026, the submarket recorded an average realized rent of $2,515 per month based on 58 closed leases over the trailing 30 days, operating alongside 41 active listings currently on the market. This snapshot indicates robust leasing velocity backed by an absorption rate of 58.6%. Across the 35 tracked multi-residential developments in the area, asking rents average $2,720 per month at $3.35 per square foot, yielding an asking-to-realized spread of $205 per month between landlord expectations and executed tenant contracts.

When evaluated against broader municipal benchmarks, rental rates in the Mississauga North submarket demonstrate a modest discount of $47 per month—representing a 1.83% variance compared to the wider town-wide average of $2,562 per month across Mississauga. Transaction volume is heavily anchored by 1-bedroom and 2-bedroom configurations, which collectively drive the majority of signed lease agreements across the submarket's tracked building inventory.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in Mississauga North is currently $2,515/month ($3.53/SF), with an average leasing velocity of 18 Days on Market. Compared to the overall Mississauga municipal benchmark ($2,562/month), Mississauga North trades at a 2% 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 The Mansion ($3,800/mo).

Month Over Month Trends

Month-over-month performance indicates a slight downward adjustment in average realized lease prices. Average rents shifted by -$47 per month, representing a 1.83% decrease from the prior 30-day period where realized rents averaged $2,562 per month across 56 closed leases. This short-term variance is driven by monthly shifts in closed bedroom mix and transaction distribution across the submarket's 35 tracked buildings rather than structural deflation, as transaction volumes remained virtually identical between periods.

Longer Term Trends & Rental Dispersion

Mid-term and historical baseline performance highlights a stable rental corridor with predictable pricing tiers. Over the trailing 90 days, 165 closed leases averaged $2,556 per month, while the 180-day window recorded 263 leases at an average of $2,561 per month. The historical baseline across 265 tracked transactions stands at an average of $2,563 per month with a price efficiency of $3.40 per square foot.

Overall rent dispersion across the submarket illustrates a clear spectrum between entry-level and executive suites. The middle 50% of the market spans an interquartile range (IQR) from a 25th percentile rent of $2,250 per month to a 75th percentile rent of $2,800 per month, with an overall median rent of $2,500 per month. Absolute extremes range from a minimum of $1,300 per month for select unbundled or specialized units up to a maximum of $4,200 per month for premium multi-bedroom spaces.

Currently across Mississauga North's 35 tracked multi-family properties, there are 41 active rental listings with an average asking rent of $2,720/month ($3.35/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,515/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

Prospective renters searching in Mississauga North should target the middle 50% benchmark range between $2,250 and $2,800 per month to secure standard 1-bedroom or 2-bedroom accommodations. Renters stepping up from a standard 1-bedroom suite (averaging $2,141 per month over 180 days) to a 2-bedroom layout (averaging $2,703 per month) can expect a monthly rent step-up of $562 per month (a 26.25% increase) while gaining an additional 296 square feet of living space. Adding a den to a 1-bedroom unit costs an additional $156 per month on average for 44 extra square feet, while upgrading from a 2-bedroom to a 2-bedroom plus den requires an incremental $256 per month for 131 additional square feet. Properties lease swiftly with an average of 18 days on market, meaning applicants should prepare documentation and deposits promptly upon locating a suitable suite.

For Landlords

Landlords and condo investors operating in Mississauga North must account for the current asking-to-realized spread of $205 per month, where active listings average $2,720 per month against closed leases averaging $2,515 per month. Pricing properties above the middle 50% band ($2,250 to $2,800 per month) risks extending vacancy timelines beyond the submarket's 18-day average. To maintain competitive positioning and achieve rapid absorption, owners should anchor asking rates to verified realized comps for specific bedroom tiers rather than relying on peak market aspirations.

For Realtors

Real estate professionals representing clients in Mississauga North are operating in a liquid, high-absorption submarket characterized by steady turnover and balanced pricing against the broader municipality. With an absorption rate of 58.6% and an average of 18 days on market matching the citywide pace, agents should advise buyer and tenant clients to act decisively. Managing expectations around the $205 asking-to-realized spread is essential for structuring competitive lease offers across the L4T postal sector.

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 $2,515 per month ($3.53/sqft), based on 58 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market spans from $2,250 to $2,800 per month (median rent of $2,500 per month), sitting at a modest 1.83% discount compared to the broader Mississauga municipal benchmark of $2,562 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 $2,141 per month ($3.76/sqft), while 1-bedroom plus den suites average $2,297 per month, based on 180-day trailing data through September 2026. Most 1-bedroom units lease between $2,100 per month (25th percentile) and $2,212 per month (75th percentile) across an average size of 588 square feet.

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

The average rent for a 2-bedroom apartment in Mississauga North, Mississauga is $2,703 per month ($3.15/sqft), while 2-bedroom plus den suites average $2,959 per month, based on 180-day trailing transaction data. Standard 2-bedroom units typically lease between $2,500 per month (25th percentile) and $2,800 per month (75th percentile) across an average size of 884 square feet, representing a $562 per month step-up from 1-bedroom configurations.

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

The average rent for a 3-bedroom apartment in Mississauga North, Mississauga is $3,471 per month ($3.76/sqft), based on 180-day trailing data ending September 2026 across 12 closed leases. Three-bedroom and larger suites represent a specialized inventory segment in the submarket, offering an average of 1,154 square feet of living space.

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

Within Mississauga North, The Mansion commands the highest average lease rate at approximately $3,350 per month, 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 $2,515 per month, which is lower than the overall Mississauga average of $2,562 per month (a spread of $47 per month or 1.83%). Properties in Mississauga North spend an average of 18 days on the market, matching the broader Mississauga municipal benchmark of 18 days.

What are the postal code FSAs for Mississauga North?

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

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

Rental listings in Mississauga North spend an average of 18 days on the market before leasing, based on 30-day tracking through September 30, 2026—matching the broader Mississauga municipal benchmark of 18 days.

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

With active listings averaging $2,720 per month against closed leases at $2,515 per month—an asking-to-realized spread of $205 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the submarket's 18-day average.

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

Reserved parking in Mississauga North adds an estimated $124 to $571 per month across 1-bedroom plus den and 2-bedroom plus den layouts based on verified unbundled lease comps.

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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