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Real estate market data
Mississauga's average detached home sold for $1,364,097 in April 2026, far above the roughly $980,000 citywide average, with sought-after Port Credit and Lakeshore waterfront addresses commanding even more.
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 is Port Credit among Mississauga's most expensive areas?
It combines waterfront living, a walkable village, marinas and a GO train that reaches downtown Toronto in about 20 minutes. Detached homes set the tone: Mississauga's detached average was $1,364,097 in April 2026, and lakeshore properties often trade well above that. (TRREB, Mississauga MLS data, April 2026.)
How much land transfer tax will I pay buying in Port Credit?
Only Ontario's provincial Land Transfer Tax applies. Unlike the City of Toronto, Mississauga levies no additional municipal land transfer tax, so buyers here pay roughly half the closing tax a comparable Toronto purchase would trigger. First-time buyers may claim a provincial rebate of up to $4,000. (Ontario Ministry of Finance, Land Transfer Tax.)
Do foreign-buyer rules affect high-end lakeshore purchases?
They can. Ontario applies a 25% Non-Resident Speculation Tax on most purchases by foreign buyers province-wide, and a federal prohibition on non-Canadian buyers of residential property has been in effect. Anyone buying as a non-resident should get legal advice before making an offer. (Ontario Ministry of Finance; Government of Canada.)