At $900,000
- Toronto (416): 2-bed condo, 750,900 sqft, downtown or midtown
- Mississauga: 3-bed freehold townhouse, 1,400,1,800 sqft, family neighbourhood with a backyard
At $1.4M
- Toronto: small semi in east-end or north Toronto, often needing work
- Mississauga: detached in Erin Mills, Churchill Meadows, or central Mississauga, turnkey, 2-car garage
The trade-off nobody talks about
Toronto's premium isn't just for the address, it's for time. A 25-minute walk to work is worth real money. Mississauga's GO Train commute to Union is 25,35 minutes, but it's a commute, with a parking spot and a winter to navigate.
Who I tell to buy in each
- Toronto: under-35, single/couple, no car, work in 416, social life downtown
- Mississauga: families, dual-car households, anyone who values space-per-dollar, newcomers building equity