Most Expensive Homes in Mississauga (2026)

Mississauga is home to some of the most prestigious residential neighbourhoods in the Greater Toronto Area. Detached homes in Mississauga average $1,460,621 as of February 2026, up 1.4 percent monthly but down 9.1 percent annually according to WOWA market data. Neighbourhoods like Lorne Park, Port Credit and Erindale maintain strong appeal and detached homes in Mississauga are expected to see continued price growth though limited inventory in prime areas may trigger competitive bidding. The GTA overall average price is $1.2 million with detached homes averaging $1.4 million, semi-detached at $1.05 million and townhouses at $900,000.

Port Credit - Premium Waterfront Living

Port Credit average price is $1.3 million and is a premium waterfront neighbourhood according to RCIB Real Estate. The price range runs from $1,200,000 to $2,000,000 plus for detached homes and townhomes. Key features include waterfront, marina, restaurants and GO station access. Limited land scarcity supports value retention and lifestyle-focused buyers gravitate toward Port Credit for long-term appreciation and premium rental rates that attract secondary market tenants. Port Credit offers a waterfront lifestyle and is one of the top three neighborhoods anticipated to be most desirable in 2026 according to RE/MAX Canada. The neighbourhood has GO station connectivity for convenient commuting into downtown Toronto.

6bd 12ba

$19,800,000

1343 Blythe Road, Mississauga

5bd 6ba

$13,995,000

1540 Watersedge Road, Mississauga

5bd 6ba 8,549sqf

$13,995,000

1540 Watersedge Road, Mississauga

11bd 13ba

$11,900,850

1470 Mississauga Road, Mississauga

6bd 9ba

$11,888,850

1500 Watersedge Road, Mississauga

4bd 6ba

$10,999,850

872 Whittier Crescent, Mississauga

Lorne Park - Established Estate Living

Lorne Park is one of Mississauga's most established luxury neighbourhoods. The homes are large with wide lots and many streets have large trees that make the neighbourhood feel old and elegant. Lorne Park is popular because of its school district with Lorne Park Secondary School considered one of the top public schools in the area. Approximately 60 percent of the 141 firm sales in 2024 were over the $2 million dollar mark with current listings showing homes reaching $6,900,000. Well-presented, move-in-ready estates in Lorne Park could see more attention as buyer confidence builds across the GTA. The neighbourhood features a mix of heritage properties and newly constructed custom estates on generous lots.

Mineola - Custom-Built Exclusivity

Mineola is one of the most exclusive neighbourhoods in Mississauga. Many of the homes are custom-built and set back from the road. You find a mix of older homes with unique character and newer custom homes. Most properties are one-of-a-kind and built by the owner for the owner. Mineola is located right next to Port Credit and is conveniently close to the QEW making it an ideal spot for commuting while still feeling removed from the city's busier areas. Recent luxury listings in Mineola show prices reaching $6,999,850. The neighbourhood is prized for its large mature lots and quiet residential streets that attract discerning buyers seeking privacy and prestige.

Erindale - Upscale Family Neighbourhood

Erindale has an average home price of $902,000 and features residential diversity including single-family homes, townhouses, apartments and condominiums. Home to Mississauga's largest park Erindale Park offering picnic areas and trails, Erindale GO Station provides 40 minute transit to Toronto Union Station. The neighbourhood has a low crime rate of 6.52 crimes per 1,000 people making it one of the safest areas in the city. The University of Toronto Mississauga is located here supporting educational opportunities and stable property demand.

Applewood Hills - Heritage Character

Applewood Hills has an average home price of $1,050,000 with a population of 35,351 residents. The neighbourhood is predominantly single-family homes and townhouses. Applewood Hills Park and Brueckner Rhododendron Gardens are featured green spaces. Square One and Erin Mills Town Centre are nearby for shopping. Average one bedroom rent in the area is $2,304 providing solid rental income potential for investors looking at premium properties.

Market Context and Investment Outlook

The average residential sale price in Mississauga decreased by six percent year-over-year across all property types in 2025 from $1,067,451 to $1,003,561 according to RE/MAX Canada. However average residential sale prices are expected to increase by three percent going into 2026 compared to 2025 and sales are anticipated to rise by seven percent. The number of sales transactions decreased by 13.1 percent in 2025 from 5,417 to 4,710 while total listings increased by 14.7 percent from 13,562 in 2024 to 15,553 in 2025.

Current MLS stats as of March 2026 indicate an average house price of $948,753. The Bank of Canada rate is at 2.25 percent and monthly payment estimates for a $1 million property run approximately $3,900 per month. Monthly payment for a $1.1 million property is approximately $4,300. Mississauga will continue to be a buyers market going into 2026 with inventory increases and lower interest rates creating opportunities for luxury home purchasers. Sales ratio is 29 percent indicating a buyer market with median bidding at negative $28,000 below asking price. Explore luxury properties in other Ontario cities: Hamilton Market Trends | Ottawa Neighbourhoods | Calgary Luxury Homes | Vancouver Market