Buying Real Estate in Mississauga, ON
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Mississauga, historically known as Toronto Township is a city in the Canadian province of Ontario. It is situated on the shores of Lake Ontario in the Regional Municipality of Peel, bordering Toronto to the east. With a population of 764,342 as of 2021, Mississauga is the sixth-most populous municipality in Canada, third-most in Ontario, and second-most in the Greater Toronto Area after Toronto itself. However, for the first time in its history, the city’s population declined according to the 2021 census, from a 2016 population of 721,599 to 717,961, a 0.5 percent decrease.
The growth of Mississauga was attributed to its proximity to Toronto. During the latter half of the 20th century, the city attracted a multicultural population and built up a thriving central business district.Malton, a neighbourhood of the city located in its northeast end, is home to Toronto Pearson International Airport, Canada’s busiest airport, as well as the headquarters of many Canadian and multinational corporations. Mississauga is not a traditional city, but is instead an amalgamation of three former villages, two townships, and a number of rural hamlets (a general pattern common to several suburban GTA cities) that were significant population centres, with none being clearly dominant, prior to the city’s incorporation that later coalesced into a single urban area.
Indigenous people have lived in the area for thousands of years and Mississauga is situated on the traditional territory of the Huron-Wendat, Haudenosaunee and Anishinaabeg people, including the namesake Mississaugas. Most of present-day Mississauga was founded in 1805 as Toronto Township within York County, and became part of Peel County when new counties were formed by splitting off parts of the original county in 1851. Mississauga itself was established in 1968 as a town, and was reincorporated as a city in 1974, when Peel was restructured into a regional municipality.
Your #1 Guide To Real Estate In Mississauga
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The City Of Mississauga
- Mississauga has a Livability Score of 90/100, which is considered exceptional
- Mississauga Crime Rates are 39% lower than the Ontario average
- Cost of Living in Mississauga is 5% lower than the Ontario average
- Mississauga Real Estate prices are 9% lower than the Ontario average
- Rental Prices in Mississauga are 6% lower than the Ontario average
The #1 guide to living in Metro Toronto, ON for 2021, is compiled using the AreaVibes Livability Score which is calculated from a score out of 100 and based on various categories. These categories include amenities, cost of living, crime rates, education, employment, housing, and weather.
Greater Toronto Area
The Greater Toronto Area, commonly referred to as the GTA, includes the City of Toronto and the regional municipalities of Durham, Halton, Peel, and York. In total, the region contains 25 urban, suburban, and rural municipalities. The Greater Toronto Area begins in Burlington in the Halton Region, and extends along Lake Ontario past downtown Toronto eastward to Clarington in the Durham Region.
According to the 2021 census, the Census Metropolitan Area (CMA) of Toronto has a total population of 6,202,225.