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Real estate market data
The average Mississauga condo apartment sold for $546,984 in April 2026 and apartments were the city's most-traded property type that month, underlining how City Centre's tower market sets the affordable entry point.
Source : Toronto Regional Real Estate Board (TRREB), Mississauga MLS data, April 2026 (released early May 2026). https://trreb.ca/market-data/market-watch/
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Frequently asked questions
Why are City Centre prices lower than the rest of Mississauga?
Because the core is almost entirely condominium apartments, which sell well below houses. The average Mississauga condo apartment was $546,984 in April 2026, against a detached average of $1,364,097. The gap reflects property type, not a discount on comparable homes. (TRREB, Mississauga MLS data, April 2026.)
What should I review before buying a Square One condo?
In Ontario, order and read the status certificate, which discloses the condo corporation's reserve fund, monthly fees, rule changes and any special assessments or lawsuits. The Condominium Act gives you the right to it, and a lawyer should review it before your offer firms up. A weak reserve can mean future levies. (Ontario Condominium Act, 1998.)
Is now a good time to buy a condo in City Centre?
Buyers have real leverage. Condo apartment prices across the GTA were down year-over-year in April 2026 even as sales rebounded, so purchasers can often negotiate below asking amid plentiful inventory. Choosing the right building still matters more than the headline price. (TRREB, April 2026.)