Townhouses for Sale in Mississauga
Under $500K

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Mississauga this band: $475K · 77 active · avg 27 days on market.

Get the live list

77 active · median $475K

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Townhouses in Mississauga Under $500K

77 active · median $475K

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Median List Price

$475K

Active Listings

77

Avg Days on Market

27 days

YoY Change

-11.0%

6-Month Median Price Trend

Dec

$481K

Jan

$482K

Feb

$484K

Mar

$459K

Apr

$487K

May

$483K

What is the average townhouse price in Mississauga in 2026?

The benchmark price for a townhouse in Mississauga in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 77 active listings, moving in an average of 27 days on market. Prices are down 11.0% year-over-year.

Is Mississauga a buyer's or seller's market right now?

Mississauga is currently a balanced market for townhouses in this band. Inventory is turning over in 27 days with prices down 11.0% 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.
Aisha N., Self-employed, Mississauga

What $475K gets you in Mississauga.

Townhouses in Mississauga priced under $500k are tracking against a CREA MLS® HPI benchmark of $723K for the mississauga area. Within this band the median list comes in near $475K — down 11.0% year-over-year. Active inventory is moving in roughly 27 days.

Typical Size

1,200–2,000 sqft

Bedroom Range

2–4 bedrooms

Ownership Style

Freehold or condo

Sample comparables in this band.

Port Credit, Mississauga

$479K

4 bed3 bath1,490 sqft
Erin Mills, Mississauga

$491K

3 bed3 bath1,720 sqft
City Centre, Mississauga

$502K

4 bed3 bath1,680 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these townhouses are clustered in Mississauga.

Mississauga Townhouse FAQ

What is the median price for townhouses in Mississauga under $500k?

As of 2026-05-01, the median list price for townhouses in Mississauga priced under $500k sits at approximately $475K based on active MLS inventory.

How many townhouses are currently for sale in Mississauga in this price range?

There are roughly 77 active townhouses for sale in Mississauga priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do townhouses stay on the market in Mississauga?

Townhouses in Mississauga priced under $500k are averaging 27 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Mississauga townhouse prices going up or down?

Year-over-year median townhouse prices in Mississauga (this band) are down 11.0%. Six-month trend data is available on this page.

What mortgage do I need to buy a townhouse 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.

Step 1 · See Inventory

Get the Live List — 77 active, median $475K.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Mississauga advisor within 1 business hour.

Townhouses in Mississauga Under $500K

Median $475K · 77 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

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.

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