Faculty Off-Campus Housing and Accommodations

Welcome to the University of Toronto Mississauga Residence’s Faculty Off-Campus Housing Site.

Mississauga
Photo courtesy of Unsplashed taken by Aaron Ledesma

 

Whether you are planning on renting or buying a home, we have provided you with the necessary information and resources needed to prepare you for your move to Mississauga. Get to know the Mississauga area, the housing market and so much more! 

 

Getting to Know Mississauga

Temporary AccommodationsRentingBuying a HomeAdditional Resources 

 

 

Getting to Know Mississauga 

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Neighbourhoods in Mississauga

Each Neighbourhood in Mississauga offers its own unique landscape and access to services and facilities close by. Click each community below to learn more:

Port Credit    Streetsville    Cooksville    Square One    Erin Mills   Erindale

To learn more about the neighbourhoods in Mississauga, visit the website below:

Vacancy Rate in Mississauga 

Within the city of Mississauga, the vacancy rate as of 2020 was an average of 2.4%. For more information on the vacancy rate in Mississauga and a breakdown of the vacancy rate per housing style, please visit the website below: 

 

Temporary Accommodations 

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If you are in need of temporary accommodations while you are looking for a home, below are some accommodations that are popular and/or close in proximity to the campus. 

Airbnb          Holiday Inn        Hotels.com        Guest Housing        Glenn Erin 

 
Non-Affiliation Disclaimer: You are advised to do your research before booking as quality varies between establishments. Student Housing & Residence Life is not affiliated with, nor do we endorse the above listing services. Links are provided for information purposes only.

 

Renting 

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When renting housing accommodations you can decide between renting an apartment (including low-rise/high rise apartments and a basement apartment in the house), and a House (including townhouses, duplexes, semi-detached and single-detached homes). As a general rule, housing costs should be less than 30% of before-tax household income.

This includes:

  • Utilities (electricity, heat and water)
  • Rent
  • Municipal services (if applicable)

Before renting please consider the following:  

  • Affordability: How much can you afford each month and still have money left over for your other bills (property insurance, cable, telephone service, Internet connection, parking, etc.)?

  • Location: How far are you comfortable commuting to work? Are you in close proximity to groceries stores, parks etc.?  

  • Parking and public transportation: If you have a car, is the parking included in the rent, is it an additional cost? If you don’t have a car, how long is your commute by the MiWay bus?

  • Amenities: Most apartment buildings have amenities that are accessible to their residents, are amenities important to you? 

 

For information on the average rental prices for each neighbourhood, please see Neighbourhoods in Mississauga.

 

Popular Housing Websites 

University of Toronto - Off-Campus Housing Listings 

Here are a few additional external websites to assist you in your search:

Non-Affiliation Disclaimer: Student Housing & Residence Life is not affiliated with, nor do we endorse the above listing services. Links are provided for information purposes only.

 

Is this your first time renting?

If you are already not familiar with renting, The Residential Tenancies Act (RTA) is the law that sets the rules for rent increases, evictions, repairs, and many other issues that affect tenants. If you rent your apartment, room, or house, the RTA probably affects you.   

Check out any of the resources provided here for more information on common concerns covered under the RTA:  

 

Buying a Home  

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Buying a Condominium Unit

If you are considering purchasing a condominium unit, as an owner, there are a number of things you consider, including:

  • condo fees

  • maintaining and repairing your unit

  • participating in how the condo is run

  • all other rules about living in your condo (e.g. pets, time restrictions on noise, etc.)

For more information here on rights and obligations related to owning a condo, please see here. 

 

Buying a House  

If you are interested in purchasing a house in Mississauga, there are some you need to consider: 

  •  Are you financially stable and ready to make a large purchase? 
  • What kind of home do you need now? What will you need in 5 to 10 years?
  • The location and neighbourhood, Is it close to a school (if applicable)? 
  • Determine your preference for a new, resale or custom-built home
  • Are you new to Canada? If yes, please see the additional homebuying resources for newcomers to Canada.

 

For more information on homebuying, please visit the following websites: 

 

Housing Market 

The following reflects the average housing market price for the housing styles. 

Property Types  Average Sold Price 
Detached House $1,946,077
Semi-Detached Housse  $1, 254, 006
Freehold Townhouse  $1,212 399
Condo $696,704
Condo Townhouse  $929,080

 

The overall average price of homes sold in January 2022 was $1,153,635. For more information on the Mississauga housing market please visit The Canadian Real Estate Association

 

Searching for your home

The following external resources can be used to assist you in your search for a condominium unit or house:

 

Additional Resources 

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Below are some additional resources that you may find helpful after you have found your home. 

MiWay Bus
Garbage Collection
Utilities: 
  • Water
  • The following site can be used to compare electricity provides rates in your area: Hydro 
Telephone Services: 
  • As a University of Toronto Employee, you can receive discounted rates through different providers, see here.  
Cable: