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Property prices in South Common · Census 2021 and Statistics Canada

Apartments make up 73% of the homes in South Common, where Ontario’s towns have 13%

By the 2021 census, half of owned homes were worth more than $500,000; the average was $521,792. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what South Common’s homes actually sold for. The 2024 property assessment puts the median residential property at $563,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices. Figures for assessed values, values by property type and building permits are published for the city of Mississauga as a whole, not for South Common alone.

Median home value
$500K
owners’ estimate, census 2021
average $522K
Median assessed value
$563K
2024, on MPAC’s 2016 base
New homes a year
4,120
permits, 2018–2023
17.5 per 1,000 homes
Owner households
625
census 2021
31% of households
What homes are worth

Two ways to price a home in South Common

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.

Census 2021$500K

median, owners’ estimate

Average
$522K
Owners
625
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$563K

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).

By type of home

Houses in Mississauga carry 2.9 times the assessment of the median for Ontario’s towns

In 2024, Mississauga had 209,490 residential properties on the roll, detached houses 46% of them and condos 21%.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$744K
Semi-detached$537K
Row houses$420K
Condos$280K
The mix of properties
Detached houses46%
Condos21%
Row houses17%
Semi-detached15%
2,390 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
885 sq ft
living area of the median condo
81%
of properties lived in by their owner

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.

The homes

Condominiums are 39% of South Common’s homes, against 7% for Ontario’s towns

The 2021 census counted 1,990 occupied homes in South Common. Half or more were standing by 2000. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.

When they were built

Homes by period of construction the tick is the median of Ontario’s towns

Before 19614%
1961–198039%
1981–200046%
2001–20153%
2016–20215%
What kind of home

Homes by kind

Single-detached housesunder 1%
Semi-detached housesunder 1%
Row houses27%
Flats in a duplexunder 1%
Apartments, under 5 storeysunder 1%
Apartments, 5+ storeys73%
Against the median town of the province and of Canada
South CommonOntarioCanada
Condominiums39%7%8%
Needing major repairs10%6%6%
Too small for the household16%5%3%
Households in core housing need26%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.

New homes

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. Only 3% went into single-unit buildings, beside 66% for Ontario’s towns.

Permits by year, 2018–2023

The busiest year: 2022, with 6,235 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Mississauga17.5
Ontario’s towns15
The typical Canadian town13.8
$1,014M
of new residential construction a year, 2019–2023
The metro area

35,927 new homes in the 12 months to August 2026, down 13% on the year before

020,00040,00060,00020212022202320242025

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

Across Ontario

South Common is cheaper than most of Ontario’s towns: 28% under their $695,000 median

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Home values around South Common

The places around South Common at the 2021 census: median and average value, and how many own.

Erin MillsSheridanCentral Erin MillsErindaleChurchill MeadowsCreditviewErin MillsSheridanCentral Erin MillsErindaleChurchill MeadowsCreditviewSouth Common
Prices next door
TownMedian home valueAverageOwnerskm
South Common$500K$522K31%
Erin Mills$950K$1.05M86%0.6
Sheridan$1.1M$1.32M69%2.3
Central Erin Mills$950K$1.09M73%3.3
Erindale$900K$1.04M70%3.7
Churchill Meadows$1M$1.03M80%4.4
Creditview$920K$959K77%4.6

Census 2021 values; km.

Questions about property prices in South Common

How many households in South Common are in core housing need?

In South Common, 26% of households are in core housing need, against 9% for Ontario’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.

Is South Common expensive for Ontario?

Below the norm for Ontario’s towns, whose median home is worth $695,000; South Common’s is worth less.

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).