Home Page of Mississauga Homes and Properties for SaleCondos for sale in MississaugaMississauga Power of Sales ListingsView Mississauga MLS Listings Properties For SaleMortgage Interest Rates in the Toronto, GTA and MississaugaToronto, GTA Mississauga Public Open HousesMarks Contact Information and Profile

You are here: 

Previous Step in the Selling Process Next Step in Selling Process Next Step in the Selling Process

This page shows you prices and trends for Rental Properties and the rental market conditions in Mississauga, Toronto and surrounding areas from TREB (Toronto Real Estate Board)



Rental Property averages

More Information on rental property market

 

Rental Property Market
TREB Average prices for Toronto and Mississauga, Single Family Homes - average price trends for real estate in mississauga ontario

Report on last months News

GTA Resale Housing Sales Up
GTA REALTORS® Report Resale Market Figures

Rental market is not updated as frequently as the resale's sales data, but it's still great information for potential investors or if you are thinking of renting out your property.

For the first 4 months of 2011 Rental Transactions Up 18 Per Cent

For the January to April 2011 period, TREB Members reported 5,079 lease transactions for condominium apartments and townhomes.This result was up 18 per cent from 4,319 lease transactions reported during the same time-period in 2010.

The number of rental units listed on the TorontoMLS® rose 10 per cent to 9,374 units.The increase in listings reflects the high level of condominium apartment completions over the past year. Some investors chose to lease their units upon completion.

With the number of transactions rising at a greater rate than the number of units available for rent, rental market conditions tightened. Average rental rates were up in comparison to last year. One-bedroom apartments rented for an average of $1,485 per month, up 1.5 per cent year-over-year. Two-bedroom apartment units rented for an average of $1,958 per month – up 2.5 per cent compared to the first four months of 2010.

 

West Area
• In TREB’s West districts, 974 condominium apartments were rented during the first four months of 2011. Of these, 416 were one-bedroom units, which rented for an average of $1,351 per month – up 3.9 per cent over last year.

There were 518 two-bedroom apartment rentals, which leased for an average of $1,648 per month – up 0.4 per cent compared to 2010.

• TREB’s West districts accounted for the largest share of townhouse rentals during the reporting period, with 144 transactions in total. Of these, 102 were three bedroom units, which rented for an average of $1,693 per month – up 7.2 per cent from last year.

Below is a Graph showing TREB Historical Average Price Data

 

condo-apartment-townhouse-average-rents.jpg


west-townhouses-rental-rates-January-April-2011

west-condo-apartments-rental-rates-January-April-2011

Read the entire rental report here

 

More information for rental properties

 

In this Issue of my Real Estate Sales newsletter

 

 

 
Archived issues of my TREB Market Watch reports
 

Excellent, I am ready for an online evaluation 

Previous Step in the Selling Process Next Step in Selling Process Next Step in the Selling Process

Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale  | All Pages including Mississauga Real Estate Blog all maintained by info@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434  Google  First created - Tuesday, July 16th, 1996 at 3:48:41 PM - Last Update of this website: Friday, December 1, 2017 10:13 PM
At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and - or Meadowvale ) Ontario, Canada Real Estate Homes and Property Internet web site you will find relevant information to help you and your family.


REMAX Mississauga Real Estate NewsletterReal Estate Market Watch Newsletter

Why Subscribe?  You will receive valuable Real Estate information on a monthly basis - such as: where to find the 'best' mortgage interest rates, Power of Sale Properties and graphs of current house price trends.  Plus, you will pick up ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decide 
Privacy-Policy
Your e-mail: