Why Invest in Southdown Real Estate?

Southdown is located in Mississauga’s southwest corner. It has a western boundary with the Town of Oakville. To the north lies the QEW expressway, while to the south is Lake Ontario. Clarkson Village is a neighbourhood to the east. North of Royal Windsor Drive, there is a residential area, while to the south is a commercial business district. This neighbourhood boasts a variety of appealing features, such as diverse shopping, restaurants, and community centres. The majority of the homes in this neighbourhood are detached, with large lots and double driveways. The detached homes and bungalows were mostly built in the 1960s and 70s. There are also pockets of high-rise condo developments in this neighbourhood.

List of New Condos in Tamarindo

Why Buy New Condo Developments in Southdown?

There aren’t currently many new condo developments in Southdown. However you can find new developments in other Mississauga neighbourhoods, as the city continues to develop exponentially. Buying a newly developed condo in Mississauga will give residents access to the city’s wide range of amenities, activities, and attractions. Located on the north shore in the middle of the Golden Horseshoe, Mississauga is a city on Lake Ontario’s lakefront. Government and community partnerships manage the preservation of public spaces, parks and forests in the city. With more than 500 parks and wooded areas, Mississauga is a paradise for recreational activities. During the winter season, residents can skate at Celebration Square or Woodhurst Heights Park. In the summertime, Credit River Trails is a great place for activities such as hiking, cycling and jogging. Mississauga values diverse ancestral cultures from several regions around the world. The city has a rich cultural diversity with different types of food, artistic work, architecture and other activities based on the several communities living in the city. There are many upcoming new condo developments in Mississauga, many near the City Centre and lakeshore area.

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Recreations in Southdown

Southdown residents have a few options for park fun. Petro Canada Park at Southdown Road is one of them, and it has plenty of sports amenities such as soccer fields and cricket pitch. If you’re searching for a playground for your kids, go to Forestview Park located at Barsuda Drive, which has a playground and a multi-pad. On Truscott Drive, Whiteoaks Park features two playgrounds as well as a natural ice rink, tennis courts and a baseball diamond. The Ontario Racquet Club has a facility for racquet sports such as tennis and also provides indoor swimming and fitness programs. In terms of indoor activity, visit the Clarkson Community Centre on Truscott Driveand the South Common Community Centre on South Millway. The former has an indoor pool and a fitness centre, while the latter includes an indoor arena and an activity studio. There are a few shopping options in this neighbourhood. Canadian Tire and Metro are located at Clarkson Crossing on Royal Windsor Drive. Residents of Southdown may also easily access the nearby Clarkson Village BIA, which has a large variety of local shops, from banking services to beauty salons.Additionally, there is the indoor shopping centre South Common Centre on Burnhamthorpe Road West. There are a lot of stores there, including Walmart and No Frills. The centre also has a Kids Club and organizes events. There is another retail centre nearby, Sheridan Centre, which is just a 15-minute drive away.

Average Price for Condos in Mississauga

The average selling price for all types of homes, including condos in Mississauga, was approximately $1,008,347 for the current year of 2021. The average selling price for condos in Mississauga in 2021 is $575,832 and the average listing days on the market is 11 days. As for pre-construction condos in Mississauga, the average price for two-bedroom units is $617,000. The average price per square foot for pre-construction condos in Mississauga ranges between $1100 to $1200. As for resale condo units, the average price per square foot ranges from $750 to $850. The average rental rate in Mississauga in the last quarter of 2020 was $2,113 and is a 10% decrease from the previous year. The vacancy rate is at 2.4% because of the reduced demand for rental housing in the city.

Southdown Transit & Accessibility

Southdown has few public transportation options. Yet, the neigbourhood is served by about 10 bus lines. Residents will need a car to get around. Expect a 35-minute drive to downtown Toronto from Southdown, via the adjacent Queen Elizabeth Way (QEW) and Gardiner Expressway. Residents can also take the train from the Clarkson GO Station (a short walk away) to Union Station, which will take around 45 minutes. A mix of modes of transportation, including a TTC streetcar, will take up to an hour.

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