Mississauga South Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 20 tracked properties across Mississauga South, Mississauga.
Mississauga South Rental Market Overview
As of late September 2026, the Mississauga South submarket—encompassing postal forward sortation areas L5E and L5G across 20 tracked residential developments—maintains an average realized lease price of $2,847 per month based on 18 closed leases over the trailing 30 days. Operating alongside this leasing activity, public records show 23 active listings currently on the market with an average asking rent of $2,856 per month. This alignment yields an exceptionally tight asking-to-realized spread of just $9 per month, reflecting strong pricing consensus between landlords and incoming tenants.
Rental rates in Mississauga South sit at a premium compared to the wider Mississauga municipal benchmark of $2,562 per month, representing a positive spread of $285 or 11.12%. Transaction volume across the submarket is led by 1-bedroom and 2-bedroom configurations, supported by tracked inventory spanning 20 multi-residential buildings.
Get a free rent estimate for any Mississauga South condo
Analyze verified lease comps and active asking rates across 20 buildings in Mississauga South.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Mississauga South
Closed Leases
Transactions that closed in September 2026 across Mississauga South
Mississauga South Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Mississauga South Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Mississauga South, Mississauga.
| Action | |||||
|---|---|---|---|---|---|
Westport 28 Ann St | $2,344/mo | $4.64/SF | 4leases | 7units | Comps |
The Mason at Brightwater 251 Masonry Way | $2,773/mo | $3.78/SF | 4leases | 4units | Comps |
Brightwater I 215 Lakeshore Rd W | $2,388/mo | $3.98/SF | 4leases | 0units | Comps |
Rise at Stride 1063 Douglas McCurdy Comm Circ | $3,067/mo | $3.10/SF | 3leases | 1unit | Comps |
Nola 8 Ann St | $2,633/mo | $3.69/SF | 3leases | 0units | Comps |
Brightwater II 220 Missinnihe Way | $3,050/mo | $4.10/SF | 2leases | 4units | Comps |
North Shore Condominium Residences 1 Hurontario St | $3,300/mo | $3.37/SF | 2leases | 2units | Comps |
80 Port 80 Port St E | $2,925/mo | $3.25/SF | 2leases | 0units | Comps |
273 Lakeshore Road E 273 Lakeshore Road E | $1,675/mo | $3.05/SF | 2leases | 0units | Comps |
Tanu 21 Park St E | $2,500/mo | $4.17/SF | 1lease | 2units | Comps |
Strathgowan Apartments 363 Lakeshore Road E | $2,030/mo | $3.12/SF | 1lease | 1unit | Comps |
55 Port 55 Port St E | $10,000/mo | $3.42/SF | 1lease | 0units | Comps |
75 South Maple Avenue South Townhouses 75 Maple Avenue South | $4,350/mo | $2.90/SF | 1lease | 0units | Comps |
Lakewood by the Park 1485 Lakeshore Rd E | $2,650(ask) | $3.02 (ask) | 0leases | 2units | Comps |
The Sheridan Manor 345 Lakeshore Road W | — | — | 0leases | 0units | Comps |
The Regatta 65 Port St E | — | — | 0leases | 0units | Comps |
70 Port 70 Port St E | — | — | 0leases | 0units | Comps |
39 Stavebank Condos 39 Stavebank Road | — | — | 0leases | 0units | Comps |
Port Elaine Place 50 Port St E | — | — | 0leases | 0units | Comps |
1061 Seneca Avenue 1061 Seneca Avenue | — | — | 0leases | 0units | Comps |
28 Ann St
251 Masonry Way
215 Lakeshore Rd W
1063 Douglas McCurdy Comm Circ
8 Ann St
220 Missinnihe Way
1 Hurontario St
80 Port St E
273 Lakeshore Road E
21 Park St E
363 Lakeshore Road E
55 Port St E
75 Maple Avenue South
1485 Lakeshore Rd E
345 Lakeshore Road W
65 Port St E
70 Port St E
39 Stavebank Road
50 Port St E
1061 Seneca Avenue
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in Mississauga South.
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 South Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Mississauga South
As of late September 2026, the Mississauga South submarket—encompassing postal forward sortation areas L5E and L5G across 20 tracked residential developments—maintains an average realized lease price of $2,847 per month based on 18 closed leases over the trailing 30 days. Operating alongside this leasing activity, public records show 23 active listings currently on the market with an average asking rent of $2,856 per month. This alignment yields an exceptionally tight asking-to-realized spread of just $9 per month, reflecting strong pricing consensus between landlords and incoming tenants.
Rental rates in Mississauga South sit at a premium compared to the wider Mississauga municipal benchmark of $2,562 per month, representing a positive spread of $285 or 11.12%. Transaction volume across the submarket is led by 1-bedroom and 2-bedroom configurations, supported by tracked inventory spanning 20 multi-residential buildings.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Mississauga South is currently $2,847/month ($3.78/SF), with an average leasing velocity of 23 Days on Market. Compared to the overall Mississauga municipal benchmark ($2,562/month), Mississauga South trades at a 11% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 273 Lakeshore Road E ($1,675/mo) to 55 Port ($10,000/mo).
Month Over Month Trends
Month-over-month performance indicates a downward adjustment in average realized lease prices, moving from $3,218 across 28 closed leases in the prior 30-day period down to $2,847 across 18 closed leases in the latest 30-day window. This represents a dollar decrease of $371 or an 11.53% adjustment.
This short-term movement is primarily driven by shifts in transaction volume mix between periods rather than broad structural declines, as a higher proportion of smaller, more affordable 1-bedroom and 1-bedroom-plus-den suites closed during the current 30-day tracking window compared to the preceding month.
Longer Term Trends & Rental Dispersion
Mid-term and baseline metrics demonstrate steady pricing stability across Mississauga South. Over the trailing 90-day and 180-day windows, average realized rents settled at $3,069 and $2,975 per month, respectively. All-time baseline figures align closely with these mid-term averages, confirming stable long-term performance across tracked inventory.
Overall rent dispersion across the 133 historical transactions spans from a minimum realized rent of $1,675 to a maximum of $11,995 per month. The median realized rent sits at $2,700 per month, with the middle 50% of the market (interquartile range) bounded by a 25th percentile rent of $2,200 and a 75th percentile rent of $3,200 per month, creating a total dispersion spread of $1,000 between entry-level and upper-tier leasing points.
Currently across Mississauga South's 20 tracked multi-family properties, there are 23 active rental listings with an average asking rent of $2,856/month ($4.59/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,847/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants searching in Mississauga South can expect the middle 50% of the market to range between $2,200 (25th percentile) and $3,200 (75th percentile) per month, anchored by a median rent of $2,700. Stepping up from a standard 1-bedroom suite to a 1-bedroom plus den adds an average of $145 per month (a 6.37% increase) while gaining 70 square feet of space. Moving from a 1-bedroom configuration to a 2-bedroom suite introduces an average step-up of $1,070 per month (46.97%) and expands living space by 360 square feet (63.6%). Furthermore, transitioning from a 2-bedroom to a 2-bedroom plus den adds $473 per month (14.13%) for an additional 145 square feet. Larger 3-bedroom layouts represent an ultra-scarce segment. Applicants should anticipate properties to spend an average of 23 days on the market, requiring prompt application preparation when targeting active listings.
For Landlords
Landlords and condo investors operating in Mississauga South benefit from an exceptionally tight asking-to-realized spread of just $9 per month, where active asking rents ($2,856) closely track realized lease contracts ($2,847). Property owners should price units in strict alignment with recent closed lease benchmarks rather than aspirational targets to avoid extending vacancy periods beyond the submarket average of 23 days. Overpricing outside the established middle 50% band ($2,200 to $3,200 per month for typical multi-room formats) risks prolonged market exposure, whereas well-priced suites achieve steady absorption within the 43.9% absorption rate framework.
For Realtors
Real Estate professionals representing clients in Mississauga South operate within a stable, moderately paced coastal submarket across postal codes L5E and L5G. Market liquidity is supported by 23 active listings and a healthy trailing 30-day closed transaction volume of 18 leases. Agents should guide clients through a balanced list-to-lease dynamic, leveraging the minimal $9 asking-to-realized spread to set realistic expectations on standard 1-bedroom and 2-bedroom negotiations. Managing client pricing strategy within verified interquartile ranges ensures efficient transaction execution without compromising yield.
Mississauga South Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Mississauga South, Mississauga
What is the average rent for a condominium or apartment in Mississauga South, Mississauga?
Mississauga South's average realized lease price is $2,847 per month ($3.78/sqft), based on 18 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market ranges between $2,200 (25th percentile) and $3,200 (75th percentile) per month, with an overall median rent of $2,700. This represents an 11.12% premium compared to the broader Mississauga municipal average of $2,562 per month.
How much is a 1-bedroom apartment in Mississauga South?
The average rent for a 1-bedroom apartment in Mississauga South, Mississauga is $2,205 per month ($4.09/sqft) based on 30-day trailing data, while 1-bedroom plus den suites average $2,631 per month ($3.90/sqft). Most standard 1-bedroom units lease between $2,100 (25th percentile) and $2,372 (75th percentile) per month across an average size of 566 square feet.
How much is a 2-bedroom apartment in Mississauga South?
The average rent for a 2-bedroom apartment in Mississauga South, Mississauga is $3,368 per month ($3.53/sqft) based on 30-day trailing data, while 2-bedroom plus den suites average $3,550 per month ($3.43/sqft). Standard 2-bedroom units typically lease between $2,800 (25th percentile) and $3,525 (75th percentile) per month across an average size of 926 square feet, representing a rent step-up of $1,070 compared to 1-bedroom floor plans.
How much is a 3-bedroom apartment in Mississauga South?
Three-bedroom apartment rentals in Mississauga South represent a highly scarce inventory segment with zero closed transactions recorded in the current 30-day tracking period (though all-time figures average $5,460 per month across a 941-square-foot footprint). Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.
What are the most affordable and premium condo and apartment buildings in Mississauga South?
Within Mississauga South, 55 Port commands the highest average lease rate at approximately $7,100 per month, while entry-level private transactions across tracked submarket inventory start around $1,675 per month.
How does rent in Mississauga South compare to the overall Mississauga average?
Mississauga South rents average $2,847 per month, which is higher than the overall Mississauga average of $2,562 per month (a spread of $285 or 11.12%). Properties in Mississauga South spend an average of 23 days on the market—leasing 5 days slower than the broader Mississauga municipal benchmark of 18 days.
What are the postal code FSAs for Mississauga South?
Condo and apartment rentals in Mississauga South primarily fall within postal forward sortation areas (FSAs) such as L5E and L5G.
How fast do rental units lease in Mississauga South (Days on Market)?
Rental listings in Mississauga South spend an average of 23 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 5 days slower than the broader Mississauga municipal benchmark of 18 days.
How should landlords price their rental listings in Mississauga South to avoid vacancy loss?
With active listings averaging $2,856 against closed leases at $2,847—an asking-to-realized spread of just $9 per month—landlords should price rental units in direct alignment with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket average of 23 days.
How much more will a unit with a parking spot in Mississauga South rent for versus a unit without one?
Parking premiums range across bedroom configurations, averaging $318 for 1-bedroom layouts, $494 for 1-bedroom plus den suites, $875 for 2-bedroom units, and $1,350 for 2-bedroom plus den properties, reflecting added value for dedicated vehicle stalls.
Are parking spaces, lockers, and utilities included in Mississauga South 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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