Mavis-Erindale, Mississauga - October 2026 Real Estate Report
Mavis-Erindale Real Talk: Prices Are Sliding - Here Is What You Need To Know Before Summer
The Vibe Right Now
If you have been watching the "For Sale" signs around Mavis-Erindale lately, here is the honest picture. The market is taking a breather. Both houses and condos are down from their 3-month highs, and the growth rankings put us near the bottom of the Mississauga leaderboard. That is not a reason to panic - but it is a reason to pay attention.
Houses: The Numbers
The average HonestDoor Price for a house in our neighbourhood sits at $803,204 - down 0.70% from last period. The predicted market value is $808,904, but here is the part that should get your attention: the 3-month moving average is $835,494. That gap tells us prices have been sliding, not holding. We are looking at a recent change of -6.95% in property values.
- Average HonestDoor Price: $803,204
- Predicted Market Value: $808,904
- 3-Month Moving Average: $835,494
- Recent Value Change: -6.95%
- Average Rental Estimate: $3,557 per month
- Rental Yield: 5.10% - that is a strong return for landlords
- Airbnb Estimate: $176 per night
- Mississauga Growth Rank: 32 out of 32 - bottom of the leaderboard
On the bright side, if you are holding a house as a rental, that 5.10% yield is genuinely solid. And at $3,557 per month in estimated rent, the income story is not bad at all.
Now look at our neighbours. Creditview houses average $1,074,408. Erindale sits at $1,382,820. Fairview is at $1,464,403. We are priced well below all three. That means buyers get more house for their dollar here - but it also means we have not seen the same price appreciation those streets have.
Condos: A Different Story - But Not By Much
Condo owners, we are in a similar spot. The average HonestDoor Price is $458,097, which is actually up a tiny 0.17% - so at least we are not sliding like the house market. The predicted value is $457,336, down from a 3-month moving average of $482,072. Values have shifted -5.38% recently.
- Average HonestDoor Price: $458,097
- Predicted Market Value: $457,336
- 3-Month Moving Average: $482,072
- Recent Value Change: -5.38%
- Average Rental Estimate: $2,351 per month
- Rental Yield: 3.92% - moderate, but workable
- Airbnb Estimate: $117 per night
- Mississauga Growth Rank: 26 out of 33 - below average
Nearby Creditview condos are at $487,465. Erindale is at $601,421. Fairview is at $485,619. We are the entry point in this cluster - which attracts first-time buyers, but also means less upward price pressure on us right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is something most homeowners do not think about until it is too late. Your city tax assessment is a snapshot frozen in time. It does not care that the 3-month moving average for houses just dropped from $835,494 to $808,904. It does not update when the market shifts 6.95% in a few months.
The HonestDoor Price is a real-world check - updated regularly using actual market signals. Right now, in Mavis-Erindale, that difference matters. If you are making a decision about selling, refinancing, or even just understanding what your biggest asset is worth today, the HonestDoor Price gives you a live read. Your assessment gives you history.
Do not negotiate your biggest financial decision using last year's numbers.
So What Does This Mean If You Are Thinking About Selling This Summer?
Straight talk: this is not the easiest market to sell into right now. House values are down roughly 7% recently, and we rank last on the Mississauga growth leaderboard for houses. That is the reality.
But here is the flip side. If you need to sell, pricing sharp and smart is everything. A house priced at $808,904 based on a current HonestDoor Price will move faster than one priced at an inflated number from a stale assessment. Buyers in this range are doing their homework - and so should you.
For condo owners, the picture is slightly less dramatic. A -5.38% shift is softer than the house market, and that 3.92% rental yield means investors are still watching this segment. If your unit is in good shape, there is a buyer out there - just do not expect 2022 prices.
Bottom line: check your HonestDoor Price today, price it honestly, and move with the market - not against it. Waiting for a bounce while sitting at rank 32 out of 32 is a gamble most of us cannot afford to take.
mavis-erindale | mississauga | october 2026This 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.