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.

Postal Codes Covered:L5K, L5L, L5M, L5N

Mississauga West Rental Market Overview

As of late September 2026, the Mississauga West submarket within the municipality of Mississauga—encompassing postal forward sortation areas L5K and L5L—demonstrates a balanced yet active leasing environment across its 45 tracked residential developments. Public records record an average realized rent of $2,602 based on 39 closed leases executed over the trailing 30 days, alongside 42 active listings currently on the market with an average asking rent of $2,761 per month. This creates an asking-to-realized spread of $159 per month, indicating moderate negotiation room for qualified applicants navigating current active supply.

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Analyze verified lease comps and active asking rates across 45 buildings in Mississauga West.

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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 West

Active Listings
42units
Across 45 buildings
Average Asking Rent
$2,761/mo
0.0% Asking Trend
Average Unit Size
768SF
Asking layout average
Average Asking / SF
$3.74/SF
Current asking rate
Average Days on Market
25days
Active listing age

Closed Leases

Transactions that closed in September 2026 across Mississauga West

Units Leased
39closed
Executed transactions
Average Leased Rent
$2,602/mo
+0.3% MoM Delta
Average Leased SF
745SF
Executed size average
Average Leased / SF
$3.56/SF
Realized per-foot rate
Average Days on Market
17days
Days to execute lease

Mississauga West Rental Rates by Unit Layout

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

Studio / Bachelor
$1,760/mo
$4.40/SF · 400 SF
-$68 vs Mississauga
1-Bedroom
$2,197/mo
$3.77/SF · 601 SF
+$7 vs Mississauga
1-Bedroom + Den
$2,415/mo
$3.58/SF · 677 SF
+$60 vs Mississauga
2-Bedroom
$2,917/mo
$3.31/SF · 887 SF
+$155 vs Mississauga
2-Bedroom + Den
$2,963/mo
$3.53/SF · 842 SF
+$43 vs Mississauga
3-Bedroom+
$3,038*/mo
$3.09/SF · 988 SF
*90-day realized benchmark (low 30-day turnover)
-$687 vs Mississauga

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.

The Kith

2485 Eglinton Ave W

$2,691
avg leased
Leased $/SF: $3.49/SF
Days on Market: 22d
Closed Leases: 6
Active Supply: 6 units
318 Total SuitesBuilding Comps
Windows on the Green

3170 Erin Mills Pkwy

$2,350
avg leased
Leased $/SF: $3.30/SF
Days on Market: 32d
Closed Leases: 6
Active Supply: 2 units
150 Total SuitesBuilding Comps
Kindred Condos

2495 Eglinton Ave W

$2,523
avg leased
Leased $/SF: $3.88/SF
Days on Market: 19d
Closed Leases: 4
Active Supply: 8 units
325 Total SuitesBuilding Comps
$2,713
avg leased
Leased $/SF: $3.61/SF
Days on Market: 3d
Closed Leases: 4
Active Supply: 3 units
178 Total SuitesBuilding Comps
$2,738
avg leased
Leased $/SF: $3.30/SF
Days on Market: 24d
Closed Leases: 4
Active Supply: 2 units
340 Total SuitesBuilding Comps
Erin Square - Tower B

4675 Metcalfe Ave

$2,850
avg leased
Leased $/SF: $3.57/SF
Days on Market: 5d
Closed Leases: 4
Active Supply: 2 units
209 Total SuitesBuilding Comps
The Way Urban Towns

3401 Ridgeway Drive / 3473 Widdicombe Way

$2,125
avg leased
Leased $/SF: $4.05/SF
Days on Market: 15d
Closed Leases: 4
Active Supply: 2 units
144 Total SuitesBuilding Comps
[HOT] Condos - III

5005 Harvard Rd

$2,400
avg leased
Leased $/SF: $3.34/SF
Days on Market: 11d
Closed Leases: 4
Active Supply: 0 units
55 Total SuitesBuilding Comps
Miracle in Mississauga

4900 Glen Erin Dr

$2,700
avg leased
Leased $/SF: $3.27/SF
Days on Market: 19d
Closed Leases: 3
Active Supply: 1 units
196 Total SuitesBuilding Comps
Nevada at Eagle Ridge

2177 Burnhamthorpe Rd W

$2,600
avg leased
Leased $/SF: $3.19/SF
Days on Market: 19d
Closed Leases: 3
Active Supply: 0 units
210 Total SuitesBuilding Comps
Erin Mills

2560 Eglinton Ave W

$2,425
avg leased
Leased $/SF: $3.73/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 3 units
291 Total SuitesBuilding Comps
$1,980
avg leased
Leased $/SF: $3.81/SF
Days on Market: 22d
Closed Leases: 2
Active Supply: 2 units
64 Total SuitesBuilding Comps
Eagle Ridge

2155 Burnhamthorpe Rd W

$2,450
avg leased
Leased $/SF: $3.27/SF
Days on Market: 5d
Closed Leases: 2
Active Supply: 1 units
224 Total SuitesBuilding Comps
Papillon Place III

4850 Glen Erin Dr

$2,625
avg leased
Leased $/SF: $3.40/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 1 units
207 Total SuitesBuilding Comps
Erin Square - Tower A

4655 Metcalfe Ave

$2,900
avg leased
Leased $/SF: $3.75/SF
Days on Market: 13d
Closed Leases: 2
Active Supply: 1 units
201 Total SuitesBuilding Comps
Meadowvale Place

2900 Battleford Road

$2,650
avg leased
Leased $/SF: $3.14/SF
Days on Market: 35d
Closed Leases: 2
Active Supply: 0 units
210 Total SuitesBuilding Comps
Parkway Place I

2565 Erin Centre Blvd

$2,625
avg leased
Leased $/SF: $3.41/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 0 units
110 Total SuitesBuilding Comps
Downtown Erin Mills

4633 Glen Erin Dr

$2,450
avg leased
Leased $/SF: $3.27/SF
Days on Market: 15d
Closed Leases: 1
Active Supply: 2 units
197 Total SuitesBuilding Comps
$3,000
avg leased
Leased $/SF: $3.39/SF
Days on Market: 19d
Closed Leases: 1
Active Supply: 1 units
178 Total SuitesBuilding Comps
Parkway Place II

2585 Erin Centre Blvd

$2,800
avg leased
Leased $/SF: $3.29/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 1 units
146 Total SuitesBuilding Comps
$2,850
avg leased
Leased $/SF: $2.59/SF
Days on Market: 36d
Closed Leases: 1
Active Supply: 1 units
52 Total SuitesBuilding Comps
Papillon Place II

4889 Kimbermount Ave

$3,000
avg leased
Leased $/SF: $3.16/SF
Days on Market: 5d
Closed Leases: 1
Active Supply: 0 units
207 Total SuitesBuilding Comps
Parkway Place III

2545 Erin Centre Blvd

$2,125
avg leased
Leased $/SF: $5.31/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 0 units
203 Total SuitesBuilding Comps
$2,400
avg leased
Leased $/SF: $3.69/SF
Days on Market: 9d
Closed Leases: 1
Active Supply: 0 units
179 Total SuitesBuilding Comps
The Aquitaine Condos

2929 Aquitaine Avenue

$2,900
avg leased
Leased $/SF: $2.64/SF
Days on Market: 27d
Closed Leases: 1
Active Supply: 0 units
175 Total SuitesBuilding Comps
[HOT] Condos

5025 Harvard Rd

$2,200
avg leased
Leased $/SF: $3.38/SF
Days on Market: 19d
Closed Leases: 1
Active Supply: 0 units
57 Total SuitesBuilding Comps
$2,200
avg leased
Leased $/SF: $3.38/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 0 units
52 Total SuitesBuilding Comps
2485 Woking Condos

2485 Woking Crescent

$2,300
avg leased
Leased $/SF: $2.71/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
50 Total SuitesBuilding Comps
Tannery Square

32 Tannery St

$2,800
avg leased
Leased $/SF: $2.77/SF
Days on Market: 125d
Closed Leases: 1
Active Supply: 0 units
46 Total SuitesBuilding Comps
$2,250
avg leased
Leased $/SF: $3.46/SF
Days on Market: 15d
Closed Leases: 1
Active Supply: 0 units
45 Total SuitesBuilding Comps
Oddfellow's Hall

271 Queen Street South

$2,500
avg leased
Leased $/SF: $3.33/SF
Days on Market: 37d
Closed Leases: 1
Active Supply: 0 units
Condo ResidenceBuilding Comps
Hallmark Place

6720 Glen Erin Drive W

$2,950
avg asking
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 1 units
148 Total SuitesBuilding Comps
23 Swanhurst Boulevard

23 Swanhurst Boulevard

$4,250
avg asking
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 1 units
Condo ResidenceBuilding Comps
2415 Bankside

2415 Bankside Drive

$1,525
avg asking
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 1 units
Condo ResidenceBuilding Comps
Papillon Place I

4879 Kimbermount Ave

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
196 Total SuitesBuilding Comps
Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
179 Total SuitesBuilding Comps
The Parkview

6500 Montevideo Road W

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
161 Total SuitesBuilding Comps
Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
100 Total SuitesBuilding Comps
Daniels Northtowne

3150 Erin Centre Boulevard

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
100 Total SuitesBuilding Comps
Amica Erin Mills

4640 Kimbermount Avenue

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
64 Total SuitesBuilding Comps
Condos II

5035 Harvard Rd

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
63 Total SuitesBuilding Comps
First Home Destination Drive

5100 Winston Churchill Blvd

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
52 Total SuitesBuilding Comps
Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
45 Total SuitesBuilding Comps
Condos on Broadway

215 Broadway St

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
16 Total SuitesBuilding Comps
5557 Oscar Peterson Boulevard

5557 Oscar Peterson Boulevard

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 West.

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 West Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Mississauga West

As of late September 2026, the Mississauga West submarket within the municipality of Mississauga—encompassing postal forward sortation areas L5K and L5L—demonstrates a balanced yet active leasing environment across its 45 tracked residential developments. Public records record an average realized rent of $2,602 based on 39 closed leases executed over the trailing 30 days, alongside 42 active listings currently on the market with an average asking rent of $2,761 per month. This creates an asking-to-realized spread of $159 per month, indicating moderate negotiation room for qualified applicants navigating current active supply.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in Mississauga West is currently $2,602/month ($3.56/SF), with an average leasing velocity of 17 Days on Market. Compared to the overall Mississauga municipal benchmark ($2,562/month), Mississauga West trades at a 2% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from First Home Destination Drive 2 - Building 10 ($1,980/mo) to Mills Square East Tower - Downtown Erin Mills 4 ($3,000/mo).

Month Over Month Trends

Short-term pricing movement across Mississauga West remained virtually flat month-over-month, showing a minor upward adjustment of $8 or 0.31% compared to the prior 30-day period when 59 closed leases averaged $2,594 per month. This marginal variance reflects normal transaction mix fluctuations between standard 1-bedroom and multi-bedroom suites rather than broad directional volatility, as overall leasing volume adjusted from 59 prior transactions to 39 current closed leases.

Longer Term Trends & Rental Dispersion

Mid-term and baseline metrics demonstrate solid pricing stability across the submarket, with 90-day realized lease averages sitting at $2,598 per month and an historical baseline average of $2,583 per month spanning 272 total historical leases. Overall rent dispersion across the tracked inventory reveals a wide operational spectrum: entry-level private transactions start at a minimum realized rent of $1,700 per month, while premium suites reach up to $3,400 per month. The median realized rent sits at $2,500 per month, with the middle 50% interquartile range stretching from a 25th percentile benchmark of $2,250 to a 75th percentile benchmark of $2,900 per month.

Currently across Mississauga West's 45 tracked multi-family properties, there are 42 active rental listings with an average asking rent of $2,761/month ($3.74/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,602/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 search cycle given the submarket's 17-day average leasing timeline. Renters can expect the middle 50% of the market to range between $2,250 and $2,900 per month. Stepping up from a standard 1-bedroom suite (averaging $2,197 per month over the last 30 days across 607 square feet) to a 2-bedroom layout (averaging $2,917 per month across 879 square feet) requires an average monthly expenditure increase of $643 or 29.6%, delivering an additional 272 square feet of living space. Reserved parking unbundled from standard lease terms commands a verified average premium of $162 per month for 1-bedroom units and $334 for 1-bedroom plus den suites.

For Landlords

Landlords and condo investors operating in Mississauga West must account for the $159 gap between active asking averages ($2,761) and closed lease realizations ($2,602) when setting initial pricing strategies. Overpricing inventory beyond the 75th percentile threshold of $2,900 per month risks extending vacancy timelines past the submarket's 17-day average days on market. Properties priced in alignment with recent closed comps achieve swift absorption, supported by a healthy 48.1% absorption rate across current active supply.

For Realtors

Real Estate professionals representing clients in Mississauga West should leverage the submarket's strong liquidity and 17-day average turnover speed to guide pricing and offer preparation. With active inventory standing at 42 available suites and an absorption rate of 48.1%, agents must advise buyer and tenant clients to act swiftly upon new listings. Managing client expectations around the asking-to-realized spread of $159 per month ensures successful negotiation outcomes across both standard 1-bedroom and 2-bedroom floor plans.

Frequently Asked Questions

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 $2,602 per month ($3.56 per square foot), based on 39 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market spans from a 25th percentile rent of $2,250 to a 75th percentile rent of $2,900 per month, with an overall median of $2,500 per month—tracking slightly above the broader Mississauga municipal average.

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

The average rent for a 1-bedroom apartment in Mississauga West, Mississauga is $2,197 per month ($3.77 per square foot) based on 30-day tracking data ending September 30, 2026, while 1-bedroom plus den suites average $2,415 per month over the same 30-day window. Most 1-bedroom units lease between $2,100 (25th percentile) and $2,250 (75th percentile) per month, maintaining an average size of approximately 607 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 $2,917 per month ($3.31 per square foot) based on 30-day tracking data ending September 30, 2026, while 2-bedroom plus den suites average $2,963 per month over the trailing 30-day period. Most 2-bedroom units lease between $2,699 (25th percentile) and $2,961 (75th percentile) per month, representing an average monthly step-up of $643 and 272 square feet compared to standard 1-bedroom configurations.

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

Three-bedroom apartment rentals in Mississauga West represent a highly scarce inventory segment, with zero closed transactions recorded in the current 30-day tracking period and 10 historical leases averaging $3,170 per month ($3.05 per square foot) across an average size of 1,076 square feet over the 180-day window. 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 West?

Within Mississauga West, Daniels Northtowne commands the highest average lease rate at approximately $3,300 per month, while entry-level private transactions across tracked submarket inventory start at $1,700 per month.

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

Mississauga West rents average $2,602 per month, which is higher than the overall Mississauga average of $2,562 per month (a spread of $40 or 1.56%). Properties in Mississauga West spend an average of 17 days on the market—leasing 1 day faster than the broader Mississauga municipal benchmark of 18 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 17 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 1 day faster than the broader Mississauga municipal benchmark of 18 days.

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

With active listings averaging $2,761 against closed leases at $2,602—an asking-to-realized spread of $159 per month—landlords should align pricing closely with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket average of 17 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 $162 to $334 per month across 1-bedroom and 1-bedroom plus den rental layouts, 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.

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