This is the nineteenth and final segment of our blog-series that showcases Mississauga's unique commmunities. We realized that a lot of our clients were coming from outside Mississauga, and while knowing the top schools is important, they have asked for more information about the individual communities these schools reside in and the real estate available. This is an important criteria not lost on us as finding a neighbourhood that fits your lifestyle is extremely important. We've already ranked the communities based on school zones (which you can find here), so now let's take a little bit of time to get to know our communities. Last but not least: City Centre!
Q & A Time…
Where is the City Centre located?
I'll give you one guess…you got it – right in the heart of the city. Centrally located and convenient access to the 403 and QEW as well as public transportation and GO train/bus services.
What's the Population of the City Centre?
What's the ethnic mix of the City Centre?
The 5 most prevalent ethnicities in the City Centre are: 20% East Indian, 15% Chinese, 6% Pakistani, 5% Filipino, and 5% Portuguese.
What is the average value of a 1-bedroom condo in the City Centre?
The average value of a 1-bedroom condo is $282,136.*
What is the average value of a 2-bedroom condo in the City Centre?
The average value of a 2-bedroom condo in the City Centre is $346,531.*
How old are the homes in the City Centre?
The majority, 63%, are under 25 years old. There any many new condos, including the famous "Marilyn Monroe" buildings on Absolute Dr. Prince of Wales and Duke of York also have new buildings including the much sough after "Chicago" buildings. Some of the older buildings are still quite attractive for many are located on Webb Dr and Enfield Place.
What are the Best Schools in the City Centre?
The City Centre generally has a poor reputation for the strength of its schools. This is generally attributed to the high amount of renters in the area and thus fluctuation of the changing demographics in the area. However, #36-ranked Fairview is not a bad option at all. If you're in the newer condos directly surrounding the Square One mall, #52-ranked Queenston Drive is your child's most likely destination.
*Based on available properties under $1 million.
Final Thoughts on City Centre
The City Centre is an ideal neighbourhood for new immigrants and young families looking to rent or own their first home in Mississauga. The City Centre's convenient access to the rest of Mississauga makes this attractive for those who don't plan to own a vehicle when they first arrive. Also, despite it being a busy area, there are still many great parks close by to explore and have your children play at. For those that are new to the country and are seeking other new immigrants to immerse with, as you can tell by the ethnicity distribution, you will find all kinds of different cultures coming together. Finally, young couples or singles looking to stay in Missisauga because they grew up or work here and can't afford their own freehold home yet, can look at the City Centre as a great first investment. The condo lifestyle is convenient and addictive especially when you don't have to leave your building for practically anything.
In terms of the school zone, the City Centre, as mentioned above, has not performed well. In fact, the high school, TL Kennedy, is our lowest ranked high school in Mississauga. Perhaps the City Centre is not the area for a family to settle down for long-term, but it's a great first step to either rent or for home ownership.
To find out more about the City Centre, simply contact us and we'll respond right away!
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