Top 7 Neighbourhoods Every Homebuyer Should Check Out in Mississauga, ON
2023 was a year of unending hurdles for homebuyers. The mortgage rates reached a peak that was not seen in 20 years, there were not many listed properties in the market, and of, course the home prices stubbornly refused to climb down.
Thankfully, 2024 has kickstarted on a hopeful note for Mississauga homebuyers. The mortgage rates are taking a downward trend and the supply of homes is surprisingly seeing a significant uptick. So, yes, it's a buyer's market out there in Mississauga. You just have to find the perfect house for sale in Mississauga and you can easily make your homeownership dream true without having to stretch your finances too thin.
But have you shortlisted the neighbourhoods in Mississauga where you will shop for properties yet? If not, you need to go through this list of the top neighbourhoods for buying a home in Mississauga in 2024. These neighbourhoods top the rank when it comes to safety, top-notch amenities, school districts, and overall livability.
- Port Credit
Port Credit neighbourhood is nestled in the southwestern part of Mississauga, bordering Lake Ontario and the Credit River. This area is around 15 kilometres away from Toronto's downtown core, making the neighbourhood even more appealing.
The best part about buying a home for sale in Mississauga here is undoubtedly its waterfront view. Residents of the Port Credit neighbourhood get to chill by the stunning lake views, stroll along scenic boardwalks and enjoy refreshing dips in the summer anytime they want. This mesmerising waterfront experience is something you won't get in other neighbourhoods in Mississauga.
Port Credit is also the ideal neighbourhood to live in with your little ones. This area has top-rated schools such as Port Credit Secondary School, J.C. Saddington Public School, and Orchard Grove Public School that can perfectly attend to the learning needs of your children. Additionally, the community here is very welcoming and friendly and makes an effort to keep the neighbourhood safe and lively.
- Streetsville
Streetsville is nicknamed “The Village in the City” due to its small-town charm and historic buildings. By buying a house for sale in Mississauga here, you will get to enjoy a different way of life that is rarely found in other neighbourhoods.
Streetsville is one of the largest historical communities in Mississauga and has over 300 preserved heritage buildings. Its Main Street has charming storefronts, independent shops and restaurants – all housed in antique buildings.
But don't get fooled by the historic nature of Streetsville. This neighbourhood also has many restaurants, cafes, pubs, and other amenities that offer you the best of city life. Streetsville is located a stone's throw away from Mississauga's famous Square One Shopping Centre – the hub that has major retail chains and top entertainment options.
- Erindale
Looking for a home for sale in Mississauga in a neighbourhood that has a slow pace of life, family-friendly amenities, and also urban amenities? Then, you need to consider Erindale, the neighbourhood located in southwest Mississauga.
The first family-friendly appeal of Erindale is its reputed schools. This area's top schools are Erindale Secondary School, Brookmede Public School, and John Fraser Secondary School – all rated “good” by the Fraser Institute.
Erindale also has many parks and playgrounds where you can spend quality time with your kids on weekends and vacations. Erindale Park is one of the largest parks in Mississauga with ample space for picnics, sports, and walks. The neighbourhood also has popular shopping centres like Erin Mills Town Centre and Sherway Gardens Shopping Centre, cafes and restaurants, and other entertainment options.
- Lakeview
In case you are planning to ask your Realtor to show you a house for sale in Mississauga with stunning waterfront views, Lakeview is the neighbourhood the expert will undoubtedly take you to. Nestled along the shores of Lake Ontario, Lakeview offers residents the best views of the lake.
Apart from the scenery of Lake Ontario, Lakeview also has many green spaces like J.C. Saddignton Park and Marrie Curtis Park. Here, your kids can play and frolic while you practice your yoga or complete your steps for the day. Overall, Lakeview has a safe and peaceful atmosphere that is perfect for raising your kids.
- Credit Woodlands
Just like Port Credit and Lakeview, this neighbourhood is for homebuyers who are looking for a home for sale in Mississauga in a stunningly beautiful place. Credit Woodlands is all about greenery with tall trees lining the street and parks in every nook and corner. This place is perfect for Mississauga homebuyers who prefer a quiet and relaxed pace of life.
From detached houses and semi-detached properties to townhouses, Credit Woodlands has a diverse range of properties available for sale. You can pick the ideal property in Credit Woodlands as per your needs, preferences, and budget.
The only bummer about living in Credit Woodlands is that you won't have many amenities nearby. But the good news is Square One Shopping Centre and Mississauga City Centre are just a short distance away from Credit Woodlands.
- Hurontario
The best thing about buying a house for sale in Mississauga in this neighbourhood is its central location. Hurontario is bordered by Hurontario Street, Mavis Road, Dundas Street, and Bristol Road. By living in this neighbourhood, you will have easy access to major highways in Mississauga like 401 and 403.
Another appealing factor about Hurontario is that its housing prices are comparatively lower than Mississauga's waterfront areas or west-end neighbourhoods. The Heartland Town Centre, the bustling hub with stores, restaurants, and entertainment options are also located in close proximity to Hurontario.
- Malton
The final appealing neighbourhood where you can buy a home for sale in Mississauga is Malton. Malton, positioned in Mississauga's east end, borders Toronto Pearson International Airport, Highway 427, and Etobicoke Creek.
The key reason why homebuyers should divert their attention to the Malton neighbourhood is because it is an up-and-coming area. Many revitalization projects are underway in this neighbourhood that are aimed to amp up the appeal and liveability of the area. New businesses and amenities are also gradually emerging in Malton, increasing job prospects, and the local economy.
As Malton continues to grow and develop, the price of properties in these areas will also skyrocket. So, if you buy a property in Malton in 2024 or in the next two to three years, you will make tons of profit through your equity.
This Was Just a Peek into a Few of the Great Neighborhoods in Mississauga
Mississauga also has several other great areas that many homebuyers and investors may find appealing due to their unique factors. To hunt down the best neighbourhood in Mississauga that would perfectly (or almost) match your needs, preferences, and budget, join hands with an expert Realtor. Remember, finding the perfect house for sale in Mississauga is important but it is equally important to find the ideal neighbourhood.