The Most Expensive Neighbourhoods in Mississauga (2026)

Short answer: Mississauga’s two most expensive communities are Mineola, with an average sale price of $2,200,967, and Lorne Park, at $2,142,503, according to the Toronto Regional Real Estate Board’s report for the second quarter of 2026. Both are more than double the city average of about $989,900. Port Credit and Sheridan follow at about $1.3 million.

The ten most expensive communities in Mississauga

What makes these areas expensive

• Mineola and Lorne Park sit in the south of the city, near the lake, with large treed lots and custom homes. Much of what sells is a detached house on a lot that is as valuable as the building.
• Port Credit and Lakeview are on the waterfront. Port Credit has a village main street, a marina and a GO station. Lakeview is being redeveloped along the shore.
• Sheridan and Erindale are established neighbourhoods along the Credit River and Mississauga Road with larger detached homes.
• Streetsville and Meadowvale Village are the historic villages of the northwest, each with its own character.
• East Credit and Erin Mills are large family neighbourhoods of detached homes, and the two busiest on this list.

Where luxury buyers have room

The most expensive homes are also the slowest to sell. Mineola homes sold for 93% of the asking price after an average of 59 days, and Port Credit homes took 52 days. On a $2.2 million home, 7% below asking is about $154,000. Lorne Park moved faster, at 33 days and 95%.

The medians tell the same story from another angle. In Mineola the median was $1,860,000 against an average of $2,200,967, which means a few very large sales lifted the average. Half of the homes sold there went for less than $1.86 million.

How the peak compares

Across Mississauga, the average detached home sold for $1,921,283 in February 2022 and $1,275,221 in August 2026, a drop of $646,062. Buyers at the top of the market are paying much less than they would have four years ago. See Is it a good time to buy a house in Mississauga?

Looking for value instead?

The other end of the list is in the most affordable neighbourhoods in Mississauga. In Brampton, the most expensive community, Toronto Gore Rural Estate, averaged $1,849,048, and a detached home across the city averages $254,665 less than in Mississauga. See Brampton vs Mississauga.

Sandeep Pawar, Broker with RE/MAX Gold Realty Inc., Brokerage, holds the Real Estate Negotiation Expert (RENE) credential. At this price level a few percentage points is a six-figure number, and it is worth negotiating properly.

Questions people ask

What is the most expensive neighbourhood in Mississauga?

Mineola had the highest average sale price in Mississauga in the second quarter of 2026 at $2,200,967, followed by Lorne Park at $2,142,503, according to TRREB. Sandeep Pawar, Broker with RE/MAX Gold Realty, represents buyers and sellers in Mississauga, Brampton and across the GTA.

How much does a house cost in Lorne Park or Mineola?

The median sale price was $1,907,500 in Lorne Park and $1,860,000 in Mineola in the second quarter of 2026, with averages above $2.1 million. Sandeep Pawar of RE/MAX Gold Realty in Brampton reviews recent sales street by street for GTA luxury buyers.

Can you negotiate on a luxury home in Mississauga?

Yes. Mineola homes sold for an average of 93% of the asking price after 59 days in the second quarter of 2026. Sandeep Pawar, a RENE-certified negotiator with RE/MAX Gold Realty in Brampton, negotiates price and terms for GTA buyers at every price level.

*Source: rate-my-agent.com, 2025. Neighbourhood statistics: TRREB community report for the City of Mississauga, second quarter of 2026, all home types; averages can swing from quarter to quarter. Other statistics: TRREB Market Watch, February 2022 and August 2026. This is general information, not financial, mortgage, tax or legal advice. E&OE. Sandeep Pawar, Broker, RE/MAX Gold Realty Inc., Brokerage. Not intended to solicit buyers or sellers already under contract.