What are the monthly costs I should consider when renting in Mississauga?

When renting in Mississauga, consider rent (average $ 2,500 CAD for a 1-bedroom), utilities ($ 150 CAD), internet ($ 60 CAD), tenant insurance ($20-$ 30 CAD), and parking (if not included, around $50-$ 100 CAD). These are approximate monthly costs and can vary based on location, apartment size, and personal usage. Researching specific properties will give you a more accurate breakdown.

What are typical upfront fees and costs when renting in Mississauga?

Typical upfront fees when renting in Mississauga include the first and last month's rent, a security deposit (often half a month's rent), key deposit ($100-$ 200 CAD), and application fees ($50-$ 100 CAD). Expenses may vary based on the landlord or property. Always confirm the required fees before signing a lease to avoid unexpected costs.

What is the typical lease agreement duration in city of Mississauga?

In Mississauga, the typical lease agreement duration for residential properties is one year. However, some landlords may offer shorter terms, such as 6 months, or require a month-to-month agreement after the initial lease period. It's important to discuss the lease length directly with the landlord or property management company. For more details, visit the Peel region housing website.

Do I need to pay a security deposit when renting in city of Mississauga?

Yes, when renting in Mississauga, you typically need to pay a security deposit, usually equivalent to one month's rent. This deposit is meant to cover potential damages or unpaid rent. The exact amount can vary, so check your rental agreement. Ontario law, which governs Mississauga, allows landlords to request this as a rent deposit.

How competitive is the rental market in city of Mississauga?

The rental market in Mississauga is highly competitive due to its popularity and proximity to Toronto. Availability can be limited, and properties can rent quickly. It's advisable to have documents and deposits ready and to act fast when finding a suitable rental. The vacancy rate has been low, typically around 1% to 2%, reflecting this competitiveness.

How does the rental market in Mississauga compare to other regions in Canada?

The rental market in Mississauga, with an average 1-bedroom rent of $ 2,500 CAD, is relatively competitive compared to Ottawa ($ 1,700 CAD) and more affordable than Toronto ($ 2,800 CAD). Its proximity to Toronto influences these rates, and it reflects a mid-point in pricing and demand among major Canadian cities.

What is the process of renting a property in city of Mississauga?

To rent a property in Mississauga, start by searching online listings or contact a realtor. Then, arrange viewings, provide a rental application, proof of income, and references. It's typical to sign a lease agreement and pay first and last month's rent upfront. The Residential Tenancies Act governs the process. For more details, visit http://www.mississauga.ca/portal/home.

Where are the most in demand rental areas in city of Mississauga?

The most in-demand rental areas in Mississauga include City Centre, known for its proximity to shopping and transit, Port Credit, popular for its waterfront views and vibrant community, and Streetsville, admired for its village-like charm. Each area offers a unique blend of amenities and lifestyles, catering to a diverse range of preferences.

Property for Rent in Mississauga

Market status in Mississauga

Our catalog on AllClassifieds offers a comprehensive overview of the real estate rental market status in Mississauga (Peel, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with apartments leading with an average price of $ 2,700 CAD, an average size of 5,938 sqft, and representing 56.2% of listings. Houses follow with an average price of $ 3,000 CAD, an average size of 2,723 sqft, and 18.6% of listings. Condos make up 13.6% of listings, with an average price of $ 3,000 CAD and an average size of 1,813 sqft.

Nearby cities for commuters

Exploring alternatives to Mississauga unveils Oakville and Brampton, each promising a unique mix of proximity and more affordable living compared to Mississauga.

Oakville, a short hop from Mississauga, is notable for its lower average real estate price of $ 3,400 CAD. The commute in Oakville is diverse, featuring a 13 km, 22-minute trip by car, and a 13 km, 30-minute journey by public transport.

Brampton, nestled 24 km away by car from Mississauga, showcases homes at an inviting average price of $ 2,600 CAD. Connectivity flourishes in Brampton with a 24 km, 45-minute ride via public transport, and a 24 km, 80-minute trip by bike.

Each Mississauga alternative enriches the quest for those looking to stay close to Mississauga while finding a home that suits their budget and lifestyle needs, complete with varied commuting options to ensure easy access to and from Mississauga.

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2,205 Property for Rent in Mississauga listings are price checked

Listings from torontocondoteam.ca, findallrentals.ca and 10 more

Property value calculations

1 bed 1 bath condo Mississauga

Two bedroom basement apt is available in Mississauga

Luxury Basement Suite - Mississauga

apartment at L4T4G1, Ontario, Canada

apartment at L5M5K3, Ontario, Canada

apartment at L4T4G1, Ontario, Canada

apartment at L5M7S1, Ontario, Canada

apartment at L5B4K2, Ontario, Canada

apartment at L5B0K7, Ontario, Canada

apartment at L5B0E1, Ontario, Canada

apartment at L5B0M3, Ontario, Canada

apartment at L5M0M3, Ontario, Canada

2-3706 Stratton Woods Court, Mississauga, Ontario L5L 4V2 - 3706

Private Room with Private Bathroom Mississauga

Four bedrooms house for rent in Mississauga Heartland

Professional Condominium Management in Ontario

Condo in Mississauga Valleys

APARTMENT FOR RENT - Mississauga

1-15 Slater Circle, Brampton, Ontario L6X 2S9 - 15 Slater Circle

Fabulous Townhouse for rent in Mississauga Churchill Meadows

apartment at L4Z4J1, Ontario, Canada

apartment at L5M7K1, Ontario, Canada

apartment at L4Z0A3, Ontario, Canada

apartment at L5B0G8, Ontario, Canada

Property for rent price estimations