Economy:

Among Fortune 500 companies, more than 60 of the companies have their global or headquarters located in Mississauga. Industries include the pharmaceutical, banking and finance, electronics and computer, aerospace, transportation, and equipment industries. Some honorable mentions are Citi Bank Canada, Royal Bank of Canada, Microsoft Canada, Laura Second Chocolates, Hewlett Packard, Air Georgian, Air Canada Jazz, Magellan Aerospace, Honeywell Aerospace, Wal-Mart Canada, and Kellogg’s Canada.

Attractions:

Mississauga’s civic plaza is used for summer festivities. Mississauga organized more than 60 free events to attract visitors to the town square. Most of these events include Senior Citizens Day, Family Day, Vintage Cars, and major events such as the Canada Day celebration, the Rotating Ribs Festival, the Tree Lighting Ceremony, and the Christmas Festival. the beach. In October 2012, the number of visitors attracted was one million.

The Art Gallery of Mississauga is a public gallery and a non-profit art gallery. It offers free admission and is open seven days a week. The Art Gallery is currently working on creating a digital gallery.

Square One Mall, Canada’s largest mall, is also located in Mississauga. It has 350 stores and attracts 24 million visitors each year.

Due to overwhelming tourist attractions and booming economy, the city is in high demand for real estate. Mississauga has attracted a lot of foreign interest in its real estate market. In Mississauga during 2015 the average sale price of a house of all types was 546,000 Canadian dollars. The median price of a single-family home was recorded at 868,000 Canadian dollars, while in Toronto it is well over a million.

The price difference between Toronto and Mississauga tends to drive Toronto buyers to Mississauga. This reflects Mississauga’s real estate potential from an investment standpoint as well as for settlers.

In 2015, prices increased more than 7.9% and average sales volume increased 4% year over year. The average days on the market was 22 days and the average list price to sales price ratio averaged 99% over the year. This means that if the house is available to be sold on the market, 99% of the demand will be sold in an average of 22 days.

Looking at the above statistics, it can be said that it is a seller’s market and buyers tend to be on multiple offers in search of their desired home. Prices are forecast to fall in 2016 due to higher prices recorded last year and strict lending rules introduced by the Bank of Canada on insured mortgages and lower down payments for larger mortgages.

In Mississauga, increased exports to the US and the EU have created jobs in the industry. And due to the increase in jobs there will be more demand for Real Estate.

The property sale in June was valued at $864 million. Which represents a huge increase of 19.9% ​​compared to 2015. This was the highest volume on record.

Mississauga Real Estate Lawyers:

Real Estate transactions are not as simple as they seem. It requires documentation and binding of contracts between two parties. Many people are unaware of the complexity of the legal work involved. To obtain peace of mind and security, a Real Estate Lawyer has the potential to deliver his clients with total satisfaction.

Real Estate Attorneys have a network of attorneys throughout the Greater Toronto Area (GTA) serving clients in various locations. No hidden fees, attorney fees are mentioned on the website, reflecting the credibility of real estate attorneys.