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 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 $159 per month, indicating moderate negotiation room for qualified applicants navigating current active supply.
Get a free rent estimate for any Mississauga West condo
Analyze verified lease comps and active asking rates across 45 buildings in Mississauga West.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Mississauga West
Closed Leases
Transactions that closed in September 2026 across Mississauga West
Mississauga West Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Mississauga West Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Mississauga West, Mississauga.
| Action | |||||
|---|---|---|---|---|---|
The Kith 2485 Eglinton Ave W | $2,691/mo | $3.49/SF | 6leases | 6units | Comps |
Windows on the Green 3170 Erin Mills Pkwy | $2,350/mo | $3.30/SF | 6leases | 2units | Comps |
Kindred Condos 2495 Eglinton Ave W | $2,523/mo | $3.88/SF | 4leases | 8units | Comps |
Mills Square - West Tower - Downtown Erin Mills 3 4677 Glen Erin Dr | $2,713/mo | $3.61/SF | 4leases | 3units | Comps |
Arc Condominiums - Erin Mills 2 2520 Eglinton Ave W | $2,738/mo | $3.30/SF | 4leases | 2units | Comps |
Erin Square - Tower B 4675 Metcalfe Ave | $2,850/mo | $3.57/SF | 4leases | 2units | Comps |
The Way Urban Towns 3401 Ridgeway Drive / 3473 Widdicombe Way | $2,125/mo | $4.05/SF | 4leases | 2units | Comps |
[HOT] Condos - III 5005 Harvard Rd | $2,400/mo | $3.34/SF | 4leases | 0units | Comps |
Miracle in Mississauga 4900 Glen Erin Dr | $2,700/mo | $3.27/SF | 3leases | 1unit | Comps |
Nevada at Eagle Ridge 2177 Burnhamthorpe Rd W | $2,600/mo | $3.19/SF | 3leases | 0units | Comps |
Erin Mills 2560 Eglinton Ave W | $2,425/mo | $3.73/SF | 2leases | 3units | Comps |
First Home Destination Drive 2 - Building 10 5150 Winston Churchill Blvd | $1,980/mo | $3.81/SF | 2leases | 2units | Comps |
Eagle Ridge 2155 Burnhamthorpe Rd W | $2,450/mo | $3.27/SF | 2leases | 1unit | Comps |
Papillon Place III 4850 Glen Erin Dr | $2,625/mo | $3.40/SF | 2leases | 1unit | Comps |
Erin Square - Tower A 4655 Metcalfe Ave | $2,900/mo | $3.75/SF | 2leases | 1unit | Comps |
Meadowvale Place 2900 Battleford Road | $2,650/mo | $3.14/SF | 2leases | 0units | Comps |
Parkway Place I 2565 Erin Centre Blvd | $2,625/mo | $3.41/SF | 2leases | 0units | Comps |
Downtown Erin Mills 4633 Glen Erin Dr | $2,450/mo | $3.27/SF | 1lease | 2units | Comps |
Mills Square East Tower - Downtown Erin Mills 4 4699 Glen Erin Dr | $3,000/mo | $3.39/SF | 1lease | 1unit | Comps |
Parkway Place II 2585 Erin Centre Blvd | $2,800/mo | $3.29/SF | 1lease | 1unit | Comps |
First Home Destination Drive 2 - Building 9 5170 Winston Churchill Blvd | $2,850/mo | $2.59/SF | 1lease | 1unit | Comps |
Papillon Place II 4889 Kimbermount Ave | $3,000/mo | $3.16/SF | 1lease | 0units | Comps |
Parkway Place III 2545 Erin Centre Blvd | $2,125/mo | $5.31/SF | 1lease | 0units | Comps |
Downtown Erin Mills - Tower 2 4655 Glen Erin Dr | $2,400/mo | $3.69/SF | 1lease | 0units | Comps |
The Aquitaine Condos 2929 Aquitaine Avenue | $2,900/mo | $2.64/SF | 1lease | 0units | Comps |
[HOT] Condos 5025 Harvard Rd | $2,200/mo | $3.38/SF | 1lease | 0units | Comps |
First Home Long Valley 3055 Thomas St | $2,200/mo | $3.38/SF | 1lease | 0units | Comps |
2485 Woking Condos 2485 Woking Crescent | $2,300/mo | $2.71/SF | 1lease | 0units | Comps |
Tannery Square 32 Tannery St | $2,800/mo | $2.77/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 |
Hallmark Place 6720 Glen Erin Drive W | $2,950(ask) | $3.47 (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 |
Papillon Place I 4879 Kimbermount Ave | — | — | 0leases | 0units | Comps |
Rockcliffe on the Park Apartments 6719 Glen Erin Drive | — | — | 0leases | 0units | Comps |
The Parkview 6500 Montevideo Road W | — | — | 0leases | 0units | Comps |
2891 Rio Court Townhomes 2891 Rio Court | — | — | 0leases | 0units | Comps |
Daniels Northtowne 3150 Erin Centre Boulevard | — | — | 0leases | 0units | Comps |
Amica Erin Mills 4640 Kimbermount Avenue | — | — | 0leases | 0units | Comps |
Condos II 5035 Harvard Rd | — | — | 0leases | 0units | Comps |
First Home Destination Drive 5100 Winston Churchill Blvd | — | — | 0leases | 0units | Comps |
First Home Long Valley Phase 2 - Building 1 5705 Long Valley Rd | — | — | 0leases | 0units | Comps |
Condos on Broadway 215 Broadway St | — | — | 0leases | 0units | Comps |
5557 Oscar Peterson Boulevard 5557 Oscar Peterson Boulevard | — | — | 0leases | 0units | Comps |
2485 Eglinton Ave W
3170 Erin Mills Pkwy
2495 Eglinton Ave W
4677 Glen Erin Dr
2520 Eglinton Ave W
4675 Metcalfe Ave
3401 Ridgeway Drive / 3473 Widdicombe Way
5005 Harvard Rd
4900 Glen Erin Dr
2177 Burnhamthorpe Rd W
2560 Eglinton Ave W
5150 Winston Churchill Blvd
2155 Burnhamthorpe Rd W
4850 Glen Erin Dr
4655 Metcalfe Ave
2900 Battleford Road
2565 Erin Centre Blvd
4633 Glen Erin Dr
4699 Glen Erin Dr
2585 Erin Centre Blvd
5170 Winston Churchill Blvd
4889 Kimbermount Ave
2545 Erin Centre Blvd
4655 Glen Erin Dr
2929 Aquitaine Avenue
5025 Harvard Rd
3055 Thomas St
2485 Woking Crescent
32 Tannery St
3075 Thomas St
271 Queen Street South
6720 Glen Erin Drive W
23 Swanhurst Boulevard
2415 Bankside Drive
4879 Kimbermount Ave
6719 Glen Erin Drive
6500 Montevideo Road W
2891 Rio Court
3150 Erin Centre Boulevard
4640 Kimbermount Avenue
5035 Harvard Rd
5100 Winston Churchill Blvd
5705 Long Valley Rd
215 Broadway St
5557 Oscar Peterson Boulevard
Derived from verified closed lease contracts finalized during September 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 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.
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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