Condos for Rent in Lakeview, Mississauga, ON

Name: HOMEH Market Pulse — Lakeview, Mississauga closed sales and leases
Creator: HOMEH
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Neighbourhood in Mississauga

Lakeview

family-friendly community-oriented suburban active

Lakeview is a vibrant neighbourhood in Mississauga, known for its family-friendly atmosphere. It offers a mix of residential homes and condos, with good schools and parks nearby.

Strong school ratings Many parks and playgrounds Diverse dining options Good for families Close to major roads

Lakeview, Mississauga — HOMEH neighbourhood guide

Mississauga, Ontario

Day to dayLivability

7.6

Schools near listings

out of 10 · averaged over 2,190 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$999,750

14% above Mississauga 39% above Ontario

In Lakeview

$999,750

In Mississauga

$879,000

In Ontario

$717,000

Median monthly rent

$2,675/mo

1% below Mississauga 7% above Ontario

In Lakeview

$2,675

In Mississauga

$2,700

In Ontario

$2,500

≈ 31.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

131

Median $999,750

Houses 83 · Condos 48

For rent

Median $2,675

Houses 17 · Condos 14

Recently sold

Recently leased

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Family-friendly community
Good schools and educational options
Access to parks and recreational areas
Diverse housing options
Strong sense of community

Keep in mind

Prices are above the city median
Higher rent costs than average
Limited public transit options

The feel of the placeLifestyle

Daily life in Lakeview is relaxed and community-oriented, with families enjoying local parks and schools. The area has a suburban feel with convenient access to amenities.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

10.6 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 10.6 km² of Lakeview. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.0/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

St Edmund Separate School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
10.0/109.0 over 5 yrs
1st of 3,045 Ontario elementary schools
400 students · EQAO 2024-2025
ISNA Islamic
Independent · TO Private Non-Inspected
9.1/109.4 over 5 yrs
77th of 3,045 Ontario elementary schools
58 students
St Paul Secondary School
Catholic · Grades 9–12 · Dufferin-Peel CDSB
7.7/107.6 over 5 yrs
119th of 742 Ontario secondary schools
880 students · EQAO 2024-2025
Cawthra Park Secondary School
Public · Grades 9–12 · Peel DSB
7.1/10
201st of 742 Ontario secondary schools
1,085 students · EQAO 2024-2025
Queen of Heaven School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
6.3/106.2 over 5 yrs
1,366th of 3,045 Ontario elementary schools
360 students · EQAO 2024-2025
Adult Education Centre Mississauga Secondary School
Public · Grades 9–12 · Peel DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Lakeview, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

20,747

Population (2021)

13.3 km²

Area

1,565

People per km²

45.3

Median age

$108,433

Median income

76%

Own their home

2.5

People per household

8,345

Households

Every age

Children (under 15)15.0%
Working age (15–64)64.9%
Seniors (65+)20.1%

What is built here

Detached houses54.3%
Semi-detached3.3%
Townhouses5.8%
Duplexes4.6%
Low-rise apartments4.4%
High-rise apartments27.4%

Own or rent

76%Owners

24%Renters

Across 8,345 households

When it was built

Mostly 1961–1980

1960 or earlier32%
1961–198037%
1981–19908%
1991–20009%
2001–20054%
2006–20102%
2011–20152%
2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

33.3%
Born outside Canada: 31.5%
Hold a degree or higher: 55.4%
Employment rate: 6.9%
Commute by transit: 84.8%
Commute by car: 1.6
Children per family: $92,424
Median income after tax: $150,501
Average household income: 7.5%
Living on a low income: $1,645/mo
Renters pay, per month: $1,570/mo
Owners pay, per month: $1,014,224
Median home value at census: 30.2%
Renters spending 30%+ of income on housing: 21.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 34 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Thin sales history — read the monthly counts

What condos in Lakeview actually rent for

At least 20 condos were leased in Lakeview over the 12 months to September 2026. Half leased above $3,075 and half below, 10.0% higher than the 12 months before. A typical condo found its tenant in 21 days — 5 days quicker than a year ago.

4 of the last 12 months had at least 5 closed condos sales in Lakeview. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent: $3,075; +10.0% year over year
Days to lease: 21; 5 days quicker
Leases closed: 20; last 12 months
Rent per square foot: $3.02/mo; from 20 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,998$3,282$2,565$1,848

May ’24May ’25Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 20%

From 20 leases that closed here in the last 12 months.

Rent or buy in Lakeview

17.6 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$649,780

25 sales

Median rent

$3,075/mo

20 leases

Gross rental yield

5.68%

before costs

Both figures come from deals that actually closed in Lakeview over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

May 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Lakeview, rentals

Monthly closed leases in Lakeview
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	7	$3,400	$2,683 – $3,475	18	100.0%
Jul 2026	6	$3,075	$2,588 – $3,488	11	100.0%
Mar 2026	7	$2,750	$2,700 – $3,120	32	100.0%
Sep 2025	6	$2,850	$2,275 – $3,200	13	100.0%
Aug 2025	6	$3,250	$2,913 – $3,850	44	100.0%
Jun 2025	5	$2,950	$2,750 – $3,500	19	100.0%
May 2025	5	$2,500	$2,050 – $2,550	12	100.0%
Apr 2025	6	$2,400	$1,996 – $2,950	37	100.0%
Jul 2024	8	$2,900	$2,619 – $3,163	75	99.1%
May 2024	8	$3,155	$2,983 – $3,225	37	100.0%

What people ask about Lakeview

How much does a condo cost in Lakeview?

Condos in Lakeview sold for a median of $649,780 over the 12 months to September 2026, across at least 25 closed sales — half sold for more and half for less. That is 4.5% higher than the 12 months before it.

How long does it take to sell a condo in Lakeview?

A condo in Lakeview took a median of 55 days on the market over the 12 months to September 2026. Condos there closed at 95.6% of the asking price on average, with 4.0% selling over asking.

How much is rent for a condo in Lakeview?

The median condo lease in Lakeview closed at $3,075 a month over the 12 months to September 2026, across at least 20 leases.

Is it cheaper to rent or buy a condo in Lakeview?

A condo in Lakeview costs about 17.6 years of the rent on one — the median price of $649,780 against a median rent of $3,075 a month, a gross yield of 5.68%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Lakeview on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.