Photo: Utcursch · CC BY-SA 3.0In Lakeview, 35% of households live in an apartment (Ontario’s towns: 13%)
The 2021 census put the median home at $1,000,000, with an average of $1,092,835. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Lakeview.
What Lakeview’s homes are worth, two ways
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $1.09M
- Owners
- 6,370
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH). · Measured across the city of Mississauga: assessed values, values by property type and building permits
Houses in Mississauga carry 2.9 times the assessment of the median for Ontario’s towns
The 2024 assessment roll counts 209,490 homes in Mississauga: detached houses make 46% of them, condos 21%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
21% of Lakeview’s homes are condos, where Ontario’s towns have 7%
The 2021 census counted 8,845 occupied homes in Lakeview. Half went up before 1981. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Lakeview | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 21% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 6% | 5% | 3% |
| Households in core housing need | 12% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building at the pace of Ontario’s towns: 17.5 new homes a year per 1,000 in Mississauga, against 15
Mississauga issued permits for 24,718 new homes from 2018 to 2023, or about 4,120 a year. Apartments and other multi-unit buildings dominate: only 3% were single-unit, against 66% for Ontario’s towns.
A peak in 2022: 6,235 new homes
New homes a year per 1,000 homes
Slowing: 35,927 new homes in the 12 months to August 2026, 13% fewer
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Area behind the monthly permits figures: the Toronto metro area
Lakeview is dearer than most of Ontario’s towns: 44% above their $695,000 median
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Lakeview: DT Hospital
Next to Lakeview: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lakeview | $1M | $1.09M | 72% | |
| Cooksville NHD (East) | $1M | $1.09M | 69% | 2.4 |
| Mineola | $1.51M | $1.76M | 89% | 2.7 |
| Long Branch | $1M | $1.09M | 50% | 3.1 |
| Alderwood | $1M | $1.13M | 77% | 3.1 |
| Port Credit | $1.5M | $1.43M | 35% | 3.2 |
| DT Hospital | $600K | $865K | 12% | 3.3 |
Census 2021 values; km.
Questions about property prices in Lakeview
Is Lakeview expensive for Ontario?
Above the norm for Ontario’s towns, whose median home is worth $695,000; Lakeview’s is worth more.
How many households in Lakeview are in core housing need?
12% of Lakeview’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).