![]() It’s perfect for students at local schools and families who like to do their own things. The city is diverse, with a large South Asian population, as well as a strong Chinese community, and cultural identities all tend to be strong and well-respected within Mississauga. This can create some resentment among area’s many families and students. Unfortunately, that means a lot of Mississauga residents haven’t really chosen the city instead, they sort of got stuck with it due to budget. Mississauga’s residents tend to work and play in Toronto, but want more space than they can afford in the big city. A lot of people that live in Mississauga commute to Toronto for work and to enjoy the nightlife, clubs, theatres, restaurants, etc. Mississauga was formed by an amalgamation of small villages and hamlets, giving the city a unique feel with no single downtown area. Home of the Toronto Pearson International Airport, Canada’s busiest airport, it is the 2nd most populated city in the GTA. ![]() Mississauga is Toronto's neighbour and borders Lake Ontario, which provides its residents with stunning views. As a result, townhomes tend to be more expensive than condos./ Mississauga Apartments For Rent Moving to Mississauga? As opposed to condominiums, owning a townhouse means not only owning the interior of the property, but also the land it sits on, so you’ll have a private front and backyard at your disposal. Notably, townhomes usually include a larger total living space and offer more privacy. In contrast, a townhouse is a vertical structure with multiple levels and only one or two walls in common with adjacent units. What is the difference between a condo and a townhouse?A condo is an individual unit within a large residential complex that shares several walls, as well as the floor and/or ceiling, with other condos. They’re also often associated with luxury living, offering a wider set of amenities and facilities than apartments. Unlike apartments, condos are newer and more common in larger cities and in more desirable locations. Essentially, you can buy or rent a condominium, whereas you can only rent an apartment. ![]() Conversely, a condo is owned by an individual who either lives in the unit or rents it out. What is the difference between a condo and an apartment?An apartment is a unit in a building owned entirely by a landlord - a leasing company that handles all the rentals. ![]() Interested in condos for sale near your location? Use the map view to find apartments for sale nearby. Additionally, sort Erin Mills, Mississauga, ON condos for sale according to price drops in the last six months so you never miss a bargain. How do I search for condos for sale in Erin Mills, Mississauga, ON?Browsing Erin Mills, Mississauga, ON apartments for sale has never been easier on Point2! Narrow your search by filtering listings based on price, square footage, number of bedrooms and bathrooms, year built, etc. How many condos for sale are available in Erin Mills, Mississauga, ON?There are 57 apartments for sale in Erin Mills, Mississauga, ON, with prices ranging from $419,900 to $1,425,000. You can refinance your mortgage, extract some equity, rent out the condominium and then use the equity plus the rental earnings to buy your next property. Alternatively, if you’re a condo owner residing in your own unit, you can become a real estate investor a few years after purchase. In addition, there’s often increased interest in condos due to their desirable location and amenities, so finding tenants should be easy. Even so, condos can still offer decent returns when rented out. Granted, they also don’t appreciate in value as much as houses and come with homeowner’s association fees and specific rules and restrictions. For instance, apartments for sale are less expensive than single family homes and require less maintenance. Are condos a good investment? Buying a condo is a smart choice if you’re new to real estate investment. A homeowner’s association typically manages these common areas and sets forth specific rules and restrictions at the building level, while also charging monthly fees. Condos are located in desirable areas within cities and usually come with several shared amenities, such as a gym, swimming pool, party room, etc. Frequently Asked Questions What is a condo?A condominium is a private unit that’s owned by an individual and is situated within a larger residential complex.
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