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 summer 2026, the Mississauga South submarket within Mississauga—encompassing postal forwarding sectors L5E and L5G across 20 tracked residential buildings—operates as a pronounced pricing-gap and executive enclave market. Based on public transaction records through the end of August 2026, the submarket recorded an average realized rent of $3,352 per month based on 24 closed leases over the trailing 30 days, alongside 25 active listings currently on the market. This represents a distinct negative asking-to-realized spread of $575 per month, as active listings currently average an asking rent of $2,777.
Rental rates in the Mississauga South submarket sit at a notable premium compared to the wider Mississauga municipal average of $2,610, representing a positive rent variance of $742 per month, or 28.43%. Transaction volume across the area is anchored heavily by standard 1-bedroom and 2-bedroom layouts, with multi-residential leasing activity distributed across 20 tracked developments.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Mississauga South
Closed Leases
Transactions that closed in August 2026 across Mississauga South
Mississauga South Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Mississauga South Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Mississauga South, Mississauga.
| Action | |||||
|---|---|---|---|---|---|
Westport 28 Ann St | $3,909/mo | $5.18/SF | 8leases | 6units | Comps |
North Shore Condominium Residences 1 Hurontario St | $3,485/mo | $4.81/SF | 4leases | 3units | Comps |
Rise at Stride 1063 Douglas McCurdy Comm Circ | $3,125/mo | $3.06/SF | 4leases | 1unit | Comps |
Tanu 21 Park St E | $3,188/mo | $3.48/SF | 4leases | 0units | Comps |
Nola 8 Ann St | $2,574/mo | $3.56/SF | 4leases | 0units | Comps |
Brightwater II 220 Missinnihe Way | $3,017/mo | $4.37/SF | 3leases | 7units | Comps |
The Mason at Brightwater 251 Masonry Way | $2,315/mo | $3.42/SF | 2leases | 4units | Comps |
Strathgowan Apartments 363 Lakeshore Road E | $1,870/mo | $3.40/SF | 2leases | 3units | 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 |
Brightwater I 215 Lakeshore Rd W | $2,950/mo | $3.93/SF | 1lease | 0units | Comps |
39 Stavebank Condos 39 Stavebank Road | $3,400/mo | $2.62/SF | 1lease | 0units | Comps |
55 Port 55 Port St E | $10,000/mo | $3.42/SF | 1lease | 0units | Comps |
Lakewood by the Park 1485 Lakeshore Rd E | $2,200(ask) | $2.93 (ask) | 0leases | 1unit | 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 |
Port Elaine Place 50 Port St E | — | — | 0leases | 0units | Comps |
75 South Maple Avenue South Townhouses 75 Maple Avenue South | — | — | 0leases | 0units | Comps |
1061 Seneca Avenue 1061 Seneca Avenue | — | — | 0leases | 0units | Comps |
28 Ann St
1 Hurontario St
1063 Douglas McCurdy Comm Circ
21 Park St E
8 Ann St
220 Missinnihe Way
251 Masonry Way
363 Lakeshore Road E
80 Port St E
273 Lakeshore Road E
215 Lakeshore Rd W
39 Stavebank Road
55 Port St E
1485 Lakeshore Rd E
345 Lakeshore Road W
65 Port St E
70 Port St E
50 Port St E
75 Maple Avenue South
1061 Seneca Avenue
Derived from verified closed lease contracts finalized during August 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 summer 2026, the Mississauga South submarket within Mississauga—encompassing postal forwarding sectors L5E and L5G across 20 tracked residential buildings—operates as a pronounced pricing-gap and executive enclave market. Based on public transaction records through the end of August 2026, the submarket recorded an average realized rent of $3,352 per month based on 24 closed leases over the trailing 30 days, alongside 25 active listings currently on the market. This represents a distinct negative asking-to-realized spread of $575 per month, as active listings currently average an asking rent of $2,777.
Rental rates in the Mississauga South submarket sit at a notable premium compared to the wider Mississauga municipal average of $2,610, representing a positive rent variance of $742 per month, or 28.43%. Transaction volume across the area is anchored heavily by standard 1-bedroom and 2-bedroom layouts, with multi-residential leasing activity distributed across 20 tracked developments.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Mississauga South is currently $3,352/month ($4.38/SF), with an average leasing velocity of 29 Days on Market. Compared to the overall Mississauga municipal benchmark ($2,609/month), Mississauga South trades at a 28% 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 price adjustments in Mississauga South reflect an increase in average realized lease rates, rising by $296 or 9.69% compared to the prior 30-day window where 30 closed leases averaged $3,056 ($3.74 per square foot). This upward shift in short-term pricing is driven directly by a higher concentration of larger, premium multi-bedroom transactions executed over the latest 30-day period—notably 10 closed 2-bedroom leases averaging $4,100 per month—outweighing the volume of entry-level units.
Longer Term Trends & Rental Dispersion
Mid-term performance baselines confirm steady pricing stability across Mississauga South, supported by 111 cumulative closed transactions averaging $3,016 per month at $4.04 per square foot. Market-wide rent dispersion illustrates a broad spectrum between entry-level accommodations and executive suites, spanning an all-time minimum rent of $1,675 per month to a maximum of $11,995 per month.
The middle 50% of the market—defined by the interquartile range—anchors between a 25th percentile rent of $2,275 per month and a 75th percentile rent of $3,225 per month, with an overall median rent of $2,700 per month across the 111-sample historical baseline. This $950 interquartile spread highlights the clear valuation boundary separating standard condominium inventory from luxury waterfront stock.
Currently across Mississauga South's 20 tracked multi-family properties, there are 25 active rental listings with an average asking rent of $2,777/month ($4.46/SF). For closed transactions executed in August 2026, realized lease agreements averaged $3,352/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective renters searching in Mississauga South should prepare for a competitive market where monthly budgets will typically need to fall within the middle 50% benchmark range of $2,275 to $3,225 per month. Stepping up in suite size carries predictable premiums: moving from a 1-bedroom to a 2-bedroom layout yields an average monthly rent step-up of $1,099 per month (a 47.72% increase) while gaining 353 square feet of living space. Upgrading from a 1-bedroom to a 1-bedroom plus den adds $92 per month, whereas transitioning from a 2-bedroom to a 2-bedroom plus den adds $524 per month. Applicants should anticipate an average of 29 days on market before lease execution. Renters should verify whether parking is included in advertised rates, as unbundled parking structures can introduce additional monthly premiums depending on the building.
For Landlords
Condo investors and landlords operating in Mississauga South must anchor their leasing strategies to verified realized lease prices rather than aspirational asking figures. With active listings averaging an asking rent of $2,777 per month against closed leases averaging $3,352 per month over the trailing 30 days, overpricing properties relative to the middle 50% band risks extending vacancy timelines beyond the submarket average of 29 days. Landlords should account for strong local absorption—running at 49.0%—by pricing units competitively against closed comps to capture qualified tenants quickly, particularly when leasing standard 1-bedroom and 2-bedroom configurations.
For Realtors
Real Estate professionals representing clients in Mississauga South must navigate a nuanced market characterized by 20 tracked residential buildings across postal codes L5E and L5G. With an inventory of 25 listed suites and 24 closed leases over the trailing 30 days, the submarket maintains moderate liquidity. Agents should advise landlord clients on managing the substantial spread between asking averages and closed transaction prices, ensuring pricing alignment with the median benchmark of $2,700 per month. For tenant clients, managing expectations around the 29-day average market duration and preparing immediate documentation is essential in securing desirable floor plans.
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 $3,352 per month ($4.38 per square foot), based on 24 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from a 25th percentile rent of $2,275 per month to a 75th percentile rent of $3,225 per month, with an overall median rent of $2,700 per month. This places submarket rents at a 28.43% premium compared to the broader Mississauga municipal average of $2,610 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 $2,303 per month ($4.20 per square foot) based on 180-day tracking, while 1-bedroom plus den suites average $2,395 per month ($3.85 per square foot). Most standard 1-bedroom units lease between $2,100 per month (25th percentile) and $2,396 per month (75th percentile), with an average size of 571 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 $3,402 per month ($3.65 per square foot) based on 180-day tracking, while 2-bedroom plus den suites average $3,926 per month ($3.62 per square foot). Most standard 2-bedroom units lease between $2,800 per month (25th percentile) and $3,500 per month (75th percentile), representing an average rent step-up of $1,099 per month and an additional 353 square feet compared to standard 1-bedroom layouts.
How much is a 3-bedroom apartment in Mississauga South?
The average rent for a 3-bedroom apartment in Mississauga South, Mississauga is $5,460 per month ($9.28 per square foot), based on all-time and 180-day historical tracking data encompassing 4 closed transactions. Three-bedroom apartment rentals represent a highly scarce inventory segment in the submarket, averaging 941 square feet across executed leases.
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 across tracked transactions, while entry-level private condo 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 $3,352 per month, which is higher than the overall Mississauga average of $2,610 per month (a spread of $742 or 28.43%). Properties in Mississauga South spend an average of 29 days on the market—leasing 6 days slower than the broader Mississauga municipal benchmark of 23 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 29 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 6 days slower than the broader Mississauga municipal benchmark of 23 days.
How should landlords price their rental listings in Mississauga South to avoid vacancy loss?
With active listings averaging $2,777 per month against closed leases at $3,352 per month—an asking-to-realized spread of -$575 per month—landlords should align asking rates with recent closed lease benchmarks rather than aspirational targets to prevent vacancy durations from exceeding the 29-day submarket average.
How much more will a unit with a parking spot in Mississauga South rent for versus a unit without one?
Reserved parking in Mississauga South adds an estimated $394 to $772 per month across 1-bedroom and 2-bedroom rental rates, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Mississauga South 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.
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