Population
Mississauga is the third-largest city in Ontario and the sixth-largest city in Canada, with a population of over 722,000 people in over 248,000 households
The city is experiencing significant population growth, with a current growth rate of 6,300 people per year.Mississauga’s population is forecast to grow 22% to 878,000 by 2041, with a 14% growth in the overall youth demographic.
Growth of Real Estate
Mississauga is one of the fastest-growing cities in Canada, and its growth is reflected in the real estate market.Over the past five years, approximately 110,000 people from across Canada and beyond have chosen Mississauga as their place of residence.The city is focused on increasing density by expanding housing options in neighborhoods currently restricted to single-family homes, such as by removing barriers for semi-detached homes and houses on smaller lots. Mississauga’s skyline, particularly in the downtown area, is characterized by high-rise condo developments, similar to Downtown Toronto.
Local Amenities
Mississauga offers a range of local amenities, including shopping centers, parks, and cultural attractions.The city is home to Square One Shopping Centre, one of the largest shopping malls in Canada, which features a wide variety of stores, restaurants, and entertainment options.Mississauga also has a vibrant arts and culture scene, with the Living Arts Centre, which hosts performances and exhibitions, and the Art Gallery of Mississauga, which showcases contemporary art. The city has over 480 parks and 23 major trail systems, providing residents with ample green space and recreational opportunities.
Transit Options
Mississauga is investing in improving its transit options to accommodate its growing population. The city’s transit system is operated by MiWay, which provides bus service throughout the city and connects to neighboring municipalities, such as Toronto and Brampton. Mississauga is also part of the Greater Toronto Area (GTA) transit network, which includes GO Transit, a regional train and bus service, and the upcoming Hurontario LRT, a light rail transit line that will connect Mississauga and Brampton. The vision for Downtown Mississauga is to create a more walkable environment that is pedestrian-friendly, with bicycle routes as alternatives to transit.
