May 14, 2025
Mississauga is among the most popular cities in Canada in terms of housing because of its pleasing mix of commercial expansion and residential appeal. Mississauga bungalows have attracted homebuyers and investors because of their large floor plans, simple accessibility, and possibility for renovation. This guide contains the best places to buy bungalows in Mississauga and essential information regarding commercial real estate for sale in the city.
Bungalows are perfect for those looking for single-level living, larger lots, and renovation possibilities. The existing Mississauga communities strike a mix between access to Toronto, convenience, and environment. Families and retirees especially find these homes appealing since multi-generational living is becoming more and more interesting.
Many bungalows are on oversized lots or corners, which qualify them for commercial real estate conversions, including offices, boutiques, or clinics. These hybrid opportunities are shown to be more profitable as the Mississauga commercial real estate market grows.
Let’s explore the most promising areas in Mississauga to buy a bungalow, whether you're an investor, a growing family, or a commercial buyer.
Lorne Park is among Mississauga’s most prestigious residential communities. The area features big lot sizes and graceful, tree-lined streets beside Lake Ontario. Perfect for families looking for a high-end lifestyle or retirees, bungalows here provide luxury, privacy, and a quiet suburban, residential, outlying, and peripheral feel. Usually, homes run from $1.5 million to $3.5 million.
Lorne Park attracts upscale commercial projects, particularly along arterial roads with mixed zoning, including wellness clinics or boutique offices. Lorne Park is a good long-term investment with top-ranked schools and good property value retention.
Port Credit blends urban energy with waterfront living. Among Mississauga's most energetic neighborhoods is this one with its marina, walkable streets, and lively retail and dining scene. Usually targeted for renovations or rebuilds, bungalows in Port Credit range from $1.3M to $ 2.8 M.
Mixed-use development has exploded in the area, providing commercial real estate for sale that fits high foot traffic, perfect for cafés, law offices, or specialty stores. Port Credit will especially appeal to investors looking for income and lifestyle possibilities.
Erindale is a developed area with a fair mix of modern buildings, bungalows, and character homes. Offering many green areas, it is near the University of Toronto Mississauga campus and bordered by Erindale Park and the Credit River.
Bungalows here are reasonably priced from $950K to $1.7 million. Investors sometimes target this area for rental income or redevelopment because of their proximity to the university and transit lines. The community has a consistent rental market, and older homes have great renovation possibilities.
Clarkson is perfect for commuters in South Mississauga because of its GO Station and short QEW access. Bordering Lake Ontario, the area boasts natural beauty, including the Rattray Marsh Conservation Area.
Clarkson is picturesque and reasonably priced, given that the bungalows cost $850K to $ 1.5 M. The area is growing, and pockets of its commercial real estate for sale in Mississauga—especially along Lakeshore Road—are zoning possibilities. Its expanding population drives local retail, pet services, and clinic demand.
Applewood, located in east Mississauga near the Etobicoke border, is a classic suburban or peripheral neighbourhood. Priced between $800K and $1.4M, it presents a mix of detached, semi-detached, and bungalow-style homes perfect for families and budget-conscious consumers.
The neighborhood has strong schools, green parks, and easy public transit access. Many older bungalows are prime for renovations, and their strategic location draws more and more investors seeking dual-unit conversions or mixed-use opportunities.
Meadowvale is one of Mississauga’s most affordable and family-friendly neighbourhoods. First-time buyers and young couples find bungalows, usually costing $780K to $1.2 million, to be a great option. This area has strong public facilities, parks, paths, and community centers.
Given its expanding population and planned infrastructure enhancements, Meadowvale also has long-term investment potential. Although not a commercial center, its residential growth indicates future demand from home-based businesses or small companies seeking premises.
Neighbourhood | Avg. Bungalow Price | Ideal For | Commercial Potential |
Lorne Park | $2.2M | Luxury buyers | High |
Port Credit | $1.8M | Investors, downsizers | High |
Erindale | $1.3M | Families, landlords | Moderate |
Clarkson | $1.1M | Commuters, nature lovers | Growing |
Applewood | $1.0M | Multigenerational buyers | Moderate |
Meadowvale | $900K | First-time buyers | Future potential |
As demand rises for service-oriented local businesses, many buyers are exploring commercial real estate for sale in residential neighbourhoods. In Mississauga, several older bungalows along key streets are being converted into law offices, medical clinics, and boutique stores. These properties offer:
Substantial foot traffic in areas like Port Credit and Clarkson
Flexible zoning in Lorne Park and Applewood
Stable returns in high-demand neighbourhoods
The appeal lies in blending residential comfort with business opportunity, especially for self-employed professionals or dual-use investors.
Define Your Goals: Are you buying to live, invest, or rent out? Your goal will determine which neighbourhood and property type best suit your needs.
Research Zoning: Before planning any commercial conversion, check local zoning regulations. Some areas may support mixed-use, while others may restrict business activity.
Inspect for Renovation Potential: Many bungalows in Mississauga are older but solidly built. The right upgrades can yield high returns, such as flips or rentals.
Partner with a Local Expert: Work with agents specializing in commercial real estate for sale in Mississauga and understand market-specific nuances.
Mississauga is a prime destination in the Canadian housing market trends for those looking to buy bungalows. Whether you're after lakeside luxury in Lorne Park, rental income near UTM in Erindale, or walkable charm in Port Credit, there's a neighbourhood to match every buyer profile.
With the added advantage of potential commercial real estate use in several zones, buying a bungalow in Mississauga today means tapping into both lifestyle and investment value.