Mississauga is a city in the Regional Municipality of Peel and is an important part of the Greater Toronto Area. Mississauga’s population was recorded as 721,599 in the most recent census, and its population is the second-highest in the GTA. The city is referred to as the “Gateway to Canada” because it houses the Toronto Pearson Airport, the country’s largest airport. Mississauga’s flourishing economy is attributable to its proximity to Toronto. The city’s economic strength and robustness are second only to Toronto. Mississauga is a hub for employment and contributes close to 700,000 jobs to Ontario’s economy, and the city’s growth shows no signs of stopping. It is a top destination for immigration, employment, quality of life and financial stability. Mississauga’s housing market holds testimony to this, with a steady appreciation of 8.1% in resales of real estate assets and 3.9% in rental income in the last decade. Mississauga’s condo market is one of the hottest in the region, with pre-construction projects appreciating at a rate of 7.6%. These numbers tell the story behind the skyrocketing demand for housing and investor interest in this bustling GTA city.
Mississauga offers a healthy mix of natural and urban attractions for residents to unwind. The city’s whopping 481 parklands, woodlands and natural green spaces offer escapes for residents a short drive from home. The Port Credit River trails are a major attraction, frequented by residents for activities like walking and jogging. Mississauga is also home to one of the largest malls in the country, The Square One Mall. This mall graces downtown Mississauga and offers 360 outlets which include big brands. Other avenues for recreation in the city like the Art Gallery of Mississauga, Mississauga Celebration Square, Erin Mills Town Centre, Heartland Town Centre, Mississauga Canoe Club and Mississauga Aquatic Club attract people from the city and beyond. Mississauga is one of the GTA’s most multi-cultural cities. The various communities in the city hold cultural events throughout the year and contribute to the city’s diverse cuisines and culture.
The University of Toronto’s Mississauga campus is located in this city. Other notable higher education institutes in the city are Sheridan College and the Mississauga Academy of Medicine, which attract thousands of local and international students every year for specialized education. The city has four school boards and over 150 schools. Mississauga is also an employment hub, with many major brands headquartered in the city. The city is home to 61 Fortune 500 companies and it has over 88,000 employers. Along with finance, real estate and insurance, the city is also a hub for the aerospace industry. The city has a very low unemployment rate of just 5%.
Mississauga is a very well-connected city, with conveniently accessible public transit, GO transit and major regional highways and arteries servicing the city. Residents can access GO transit through multiple stops in the city, such as Port Credit, Square One, Clarkson, Erin Mills and Streetsville. The Mississauga Transitway offers hassle-free transit that can work around the city’s traffic and offers reliable transport to residents. Major highways in the region, such as HWY 401, HWY 403, HWY 410 cut through the city, and HWY 407, HWY 427 and QEW are accessible within minutes.