Condos for Sale in Mississauga
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Mississauga this band: $475K · 74 active · avg 19 days on market.
74 active · median $475K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Mississauga Under $500K
74 active · median $475K
Median List Price
$475K
Active Listings
74
Avg Days on Market
19 days
YoY Change
-7.5%
6-Month Median Price Trend
Dec
$466K
Jan
$468K
Feb
$462K
Mar
$484K
Apr
$469K
May
$459K
What is the average condo price in Mississauga in 2026?
The benchmark price for a condo in Mississauga in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 74 active listings, moving in an average of 19 days on market. Prices are down 7.5% year-over-year.
Is Mississauga a buyer's or seller's market right now?
Mississauga is currently a balanced market for condos in this band. Inventory is turning over in 19 days with prices down 7.5% year-over-year. Neither side has decisive leverage right now.
Families helped in Mississauga
179+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Two years of Notice of Assessments and they still got me an A-lender rate. Other brokers had pushed me to B-lenders.”
What $475K gets you in Mississauga.
Condos in Mississauga priced under $500k are tracking against a CREA MLS® HPI benchmark of $560K for the mississauga area. Within this band the median list comes in near $475K — down 7.5% year-over-year. Active inventory is moving in roughly 19 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$473K
$519K
$472K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Mississauga.
Keep exploring Mississauga.
Other property types
Mississauga Condo FAQ
What is the median price for condos in Mississauga under $500k?
As of 2026-05-01, the median list price for condos in Mississauga priced under $500k sits at approximately $475K based on active MLS inventory.
How many condos are currently for sale in Mississauga in this price range?
There are roughly 74 active condos for sale in Mississauga priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Mississauga?
Condos in Mississauga priced under $500k are averaging 19 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
Are Mississauga condo prices going up or down?
Year-over-year median condo prices in Mississauga (this band) are down 7.5%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Mississauga?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 74 active, median $475K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Mississauga advisor within 1 business hour.
Condos in Mississauga Under $500K
Median $475K · 74 active · 3.95% 5-yr fixed
Get pre-approved for a $380K mortgage.
Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.