Lisgar, Mississauga - September 2026 Real Estate Report

Lisgar Real Estate Check-In: Houses Are Holding, Condos Are Sliding

If you own a home in Lisgar and you haven't looked at your HonestDoor Price lately, now is the time. The two sides of this market are telling very different stories right now - and which side you're on matters a lot if you're thinking about making a move this summer.

The Vibe: Houses vs. Condos

Let's be straight with each other. Houses and condos in Lisgar are not moving in the same direction.

Houses are in a solid spot. The average sale price is sitting at $980,000, and the HonestDoor Price for houses is $1,081,806. That gap between what homes are selling for and what they're actually worth is worth paying attention to. The predicted market value is $1,089,637 - up from the 3-month moving average of $1,079,164. That's a market that's quietly building momentum. Homes are selling in an average of 8 days, and they're closing at 98% of list price. Buyers are paying close to asking, but they do have a little room to negotiate. We're in stable territory here - not a frenzy, not a freeze.

• Average sale price: $980,000
• Average listing price: $1,000,000
• Price per square foot: $560
• Average days on market: 8
• Sale-to-list ratio: 98%
• Rental estimate: $4,445 per month
• Rental yield: 4.53%
• Airbnb estimate: $221 per night
• Growth rank: 6 out of 32 neighbourhoods in Mississauga

That growth rank is the number we want to highlight. Ranking 6th out of 32 comparable neighbourhoods puts Lisgar houses in the top tier of Mississauga right now. Our neighbours in Meadowvale are cheaper at $999,813, and Churchill Meadows comes in a bit higher at $1,153,016. Streetsville is in a different league at $1,437,173. For the price point, Lisgar houses offer solid value relative to the area.

Condos are taking a breather. The HonestDoor Price for condos is $635,106, down 1.99% from the previous period. The predicted market value is $647,969, but that number is actually trending down from the 3-month moving average of $658,106. The recent value change of -1.84% confirms the direction. Condo growth ranks 21st out of 33 neighbourhoods - that puts us in below-average territory for Mississauga right now.

• HonestDoor Price (condos): $635,106
• Predicted market value: $647,969
• 3-month moving average: $658,106
• Recent value change: -1.84%
• Rental estimate: $3,062 per month
• Rental yield: 3.55%
• Airbnb estimate: $152 per night
• Growth rank: 21 out of 33 neighbourhoods in Mississauga

Condo owners, this doesn't mean panic. It means be realistic. Lisgar condos are still priced above nearby Meadowvale ($574,755) and Churchill Meadows ($622,816), so there's relative value here. But the trend line is pointing down, not up.

The Secret Sauce: Your HonestDoor Price Is Your Real Number

Here's the thing about your city tax assessment - it's a snapshot from the past. The city sets it, files it, and moves on. It doesn't update when the market shifts, when interest rates change, or when your neighbour sells for a surprising number in either direction.

The HonestDoor Price is different. It's a real-time estimate that reflects what's actually happening in the market right now - not what was happening when the city last got around to running the numbers. For Lisgar house owners, the HonestDoor Price of $1,081,806 is the number that reflects today's reality. For condo owners, seeing that the predicted value has slipped below the 3-month average is exactly the kind of early signal that helps you make smarter decisions - before the assessment catches up.

Think of it this way: your tax assessment tells you what your home was worth. Your HonestDoor Price tells you what it's worth right now.

The So What: Should You Sell in Lisgar This Summer?

If you own a house in Lisgar, the case for listing this summer is real. Homes are moving in 8 days on average. You're in the top 20% of Mississauga neighbourhoods for growth. Buyers are active and paying close to asking price. The window is open - and summer tends to bring motivated buyers who want to be settled before the school year starts.

The honest advice: price it right from day one. With a 98% sale-to-list ratio, overpricing will cost you. Buyers are informed. Come in sharp and you'll move fast.

If you own a condo in Lisgar, the calculus is trickier. Values are sliding, and the trend hasn't reversed yet. If you need to sell, sell - but don't expect the market to do you any favours on price right now. If you can hold, it may be worth watching the next couple of months before committing. The rental yield of 3.55% means holding and renting is a reasonable option while you wait for the market to find its footing again.

Either way, check your HonestDoor Price before you do anything else. It takes two minutes and it gives you the real number - not the government's old guess.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.