The Best Mississauga City Centre Apartments & Condos for Rent

So you want to live in an apartment or condo in the City Centre of Mississauga?

If you look up Mississauga on Urban Dictionary, the first and most crass definition begins with, “Historians believe that Mississauga is a native Indian word meaning ‘city built around a mall.’” The explanation gets a little more biting and racist (it is Urban Dictionary, after all) as you read on, but the first sentence is all you need to read to understand the evolution of the City Centre. What was once truly a city built around a mall is now a city made up of busy but separate nodes of activity, and the area around the mall is growing bigger and better every year. City Centre is no longer just about the mall. It’s about the condos, the restaurants and the businesses. Square One — which is expanding as we speak — is merely an additional benefit to renting in the neighbourhood.

If you’re a Sheridan student, young professional or new Canadian who has your eye on City Centre, there’s plenty of rental opportunities in both older, spacious and newer, trendier buildings.

“The rental market in City Centre has been thriving over the past two years, causing prices to increase steadily,” says Kim Kubath, a realtor with Royal LePage Real Estate Services. “In 2013, there were 1,746 rental transactions recorded on MLS just in the City Centre area alone. Demand for two-bedroom condo units has been increasing ahead of supply.”

While renters can always seek out units in older buildings, the newer condos are hotter than ever and are almost all just steps away from Square One and its nearby shops, restos and public transportation hubs. For people looking to rent, the area has a lot to offer.

“There’s transit at your doorstep with Go Bus, the MiWay Bus Terminal and Hwy 401 and 403,” says Kubath. “There’s Square One, shopping, restaurants, bars, and all conveniences and movie theatres such as the Coliseum. There’s the Mississauga Library, the Living Arts Centre, YMCA, Goodlife, and yoga studios. Celebration Square has events every day throughout the summer and a free skating rink in the winter.”

So, what condos are ideal for renters hoping to live in a comfortable, amenity-laden building near Square One, Sheridan, transportation and entertainment? Kubath composed a list of some of the newest hot properties worth looking into:

Limelight: 365 Prince of Wales Drive and 360 Square One Drive

Built in 2012 by the Daniel’s Corporation, these brand new condos have all the latest upgrades such as granite counter tops, stainless steel appliances, bamboo floors, and 9’ ceilings throughout most units. An open balcony also comes standard with units.

Limelight condos have the highest walk scores in City Centre, a minutes walking distance to Square One, Sheridan College, transit, and restaurants.

Walk Score: 97 (out of 100).

So what can renters expect to pay?

Current 2014 Average Rent Prices Per Month: 365 Prince of Wales Drive (22 floors)

1 bedroom – $1,400

2 bedroom – $1,850 

Current 2014 Average Rent Prices Per Month: 360 Square One Drive (32 floors)

1 bedroom – $1,400

2 bedroom – $1,850

3 bedroom – $2,500 

What you should know:

• Each unit pays hydro separately. Landlords will ask you to set up an account and you will have total      control over the cost per month.
• Pets are restricted, check with your landlord on his/her policy.
• Most units include one parking spot.

Amenities included in your rent:

• Concierge and security FOB access
• Exercise room with treadmills and gym equipment
• *Unique 27’ indoor court gymnasium
• Media lounge
• Movie theatre room
• Party room
• Billiards table
• Outdoor lounge terrace with two BBQs, double-sided fireplace and a terrace with garden plots where you can plant flowers and herbs
• Visitor parking
• Bicycle racks
• Car share program
• Storage lockers might be included in rent (check with your landlord to be sure)
• Note: These condos do not have swimming pools.

Park Side Village – The Residences and Park Residences: 4065 Brickstone Mews and 4099 Brickstone Mews

Amacon is building ‘Park Side Village’ on Confederation Parkway and Burnhamthorpe Rd, a 30-acre project that includes several condos and commercial retail spaces, including banks, a Starbucks and other restaurants. The Residences and Park Residences are part of phase two. Since it was recently completed in 2013, many investors will have rental units available over the coming year.
Walk Score: 92 (out of 100). 

The building boasts 9’ ceilings, granite countertops, stainless steel appliances and wide-plank engineered flooring throughout. Bedrooms and dens have Berber carpet. Bathrooms have rain showerheads. Units have open balconies.

Current 2014 Average Rent Prices Per Month: 4065 & 4099 Brickstone Mews (36 floors)

1 bedroom – $1,350

2 bedroom – $1,750 

What you should know:

• Each unit pays hydro separately. Landlords will ask you to set up an account and you will have total      control over the cost per month.
• Pets are restricted, check with your landlord on his/her policy.
• Cable is paid by the tenant. Tip: Ask if Rogers or Bell are offering any one-year deals. Tenants can often      get a free cable package deal in newly occupied condos.
• Most units come with one parking spot.

Amenities included in your rent:

A unique 50,000 sq. ft. shared amenity area is one of the largest new developments with indoor swimming pool, hot tub, sauna and outdoor sundeck.

• 24-hour concierge and security FOB access
• Visitor parking
• Bicycle racks
• Storage lockers
• SkyPark rooftop patio offers views of downtown Mississauga and the lake
• SkyLawn includes a gazebo, ‘pooch patio,’ BBQ area, fireplace and lounge area
• Exercise room with treadmills, gym equipment and a wellness room
• Kids Fun Zone and playground
• Party room for casual private events like birthday parties
• ‘The Grand Celebration Room’ has a full kitchen
• Games room – Billiards table, air hockey, Ping-Pong and poker table
• Library with fireplace
• Music room with piano
• Wine cellar and lounge bar
• Internet lounge

Park Side Village – The Grand Residences: 4070 Confederation Pkwy

Phase one of Amacon’s ‘Park Side Village’ projectshares the same 50,000 sq. ft. amenities area as The Residences and Park Residences including the indoor swimming pool and outdoor sundeck. In addition, the 45-storey building contains the newest upgrades in all units including 9’ ceilings, granite countertops, and stainless steel appliances. Units have open balconies with incredible views of City Centre.

Walk Score: 92 (out of 100)

Current 2014 Average Rent Prices Per Month: 4070 Confederation Pkwy (45 floors)

1 bedroom – $1,400

2 bedroom – $1,750

3 bedroom – $2,800 

What you should know:

• Each unit pays hydro separately. Landlords will ask you to set up an account and you will have total      control over the cost per month.
• Pets are restricted, check with your landlord on his/her policy.
• Cable is paid by the tenant. Tip: Ask if Rogers or Bell are offering any one-year deals. Tenants can often      get a free cable package deal in newly occupied condos.
• Most units come with one parking spot.

Amenities included in your rent:

A unique 50,000 sq. ft. shared amenity area is one of the largest new developments with indoor swimming pool, hot tub, sauna and outdoor sundeck.

• 24-hour concierge and security FOB access
• Visitor parking
• Bicycle racks
• Storage lockers
• SkyPark rooftop patio offers views of downtown Mississauga and the lake
• SkyLawn includes a gazebo, ‘pooch patio,’ BBQ area, fireplace and lounge area
• Exercise room with treadmills, gym equipment and a wellness room
• Kids Fun Zone and playground
• Party room for casual private events like birthday parties
• ‘The Grand Celebration Room’ has a full kitchen
• Games room – Billiards table, air hockey, Ping-Pong, and poker table
• Library with fireplace
• Music room with piano
• Wine cellar and lounge bar
• Internet lounge

Chicago Condos: 385 Prince of Wales Dr

Inspired by the Chicago School of Architecture, Daniel’s corporation completed the 36-storey condo tower in 2010. Unlike the glass façade of the buildings that surrounds it, Chicago emphasizes a traditional three-column design with convenient retail spaces flanking the ground floor. The building has a two-storey grand lobby that resembles a hotel. Suites include 9’ ceilings, engineered hardwood floors, stainless steel appliances and granite countertops. Walk Score: 93 (out of 100).

Current 2014 Average Rent Prices Per Month: 385 Prince of Wales Dr (36 Floors)

1 bedroom – $1,350

1+1 bedroom – $1,500

2 bedroom – $1,750

3 bedroom ground floor townhouse – $2,200 

What you should know:

• Each unit pays hydro separately. Landlords will ask you to set up an account and you will have total      control over the cost per month.
• Pets are restricted, check with your landlord on his/her policy.
• Most units include one parking spot.

Amenities included in your rent:

• 17,000 sq ft of indoor and outdoor amenity space
• 24-hour concierge and security FOB access
• Mississauga’s first resident only 30 ft climbing wall
• Virtual Golf and Video Games room
• Fitness Studio with gym equipment and yoga
• Squash Court
• Indoor swimming pool house with an indoor/outdoor hot tub and steam room
• Home Theatre
• Chicago Lounge Club 365 including a catering kitchen and billiards table
• 6,000 sq ft landscaped outdoor terrace with lounge area, fireplace, water feature, TVs, and city views
• Visitor parking
• Bicycle racks
• Storage lockers
• BBQs are allowed 

One Park Tower Condos: 388 Prince of Wales Dr

Located at 388 Prince of Wales Drive, One Park Tower is a 38-storey building with over 400 units, loads of amenities and a variety of unit sizes. Another project completed in 2009 by the Daniel’s corporation, the condo is recognizable by a combination of modern design and a gothic façade, complete with gargoyles. Units contain open balconies, laminate or hardwood flooring, granite countertops and views of downtown Mississauga. The building is less than 0.5 km from all conveniences, including shopping, grocery stores, parks, and restaurants.
Walk Score: 93 (out of 100).

Current Average Rent Prices Per Month: 388 Prince of Wales Dr (38 Floors)

1 bedroom – $1,375

1+1 bedroom – $1,500

2 bedroom – $1,750

3 bedroom ground floor townhouse – $2,200 

What you should know:

• Each unit pays hydro separately. Landlords will ask you to set up an account and you will have total      control over the cost per month.
• Pets are restricted, check with your landlord on his/her policy.
• Most units include one parking spot.

Amenities included in your rent:

• 24-hour concierge and security FOB access
• Visitor parking
• Bicycle racks
• Storage lockers
• Club 38 is a rooftop lounge with views of city centre, a kitchen, billiards and foosball table, and TVs
• Three outdoor landscaped terraces
• Library and internet café
• Fitness room with gym equipment and multi-purpose room for yoga
• Indoor swimming pool, hot tub, sauna
• Virtual Golf
• Car Wash