Eric Skicki

Buying Resale VS Pre-Construction Condos in Mississauga

pre-construction condos vs resale condos


Over the past few weeks, I had several clients inquire about investing in Square One condos. One question that seems to arise is whether pre-construction condos or resale condos are the better buys. Clients, regardless if buying for principle residence or investment purposes, want to make sure that their real estate purchases appreciate accordingly with the market, and that when they wish to cash out on their condos they have the option to do so.

I hope to give some insight into buying both new and resale condos in Mississauga. I want to cover new and resale condos from both a primary residence and investment perspective.


Pre-construction Condos

Prices of pre-construction condos in downtown Mississauga are currently between $420-470 a square foot. To put into perspective, a one bedroom plus den condo that is 650 square foot goes for roughly $270k-$310k. These prices may seem high to some people, but keep in mind that places like Toronto are currently selling between $600-800 a square foot for pre-construction condos. Although Toronto and Mississauga differ in many ways, this does suggest that the prices of Mississauga condos still have room to grow.



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  • Nina Mann says:


    I am looking at purchasing a condo, hopefully pre construction but don’t really know much about buying.

    Hope to hear from you.


  • Mandeep Cheema says:

    Hi I am looking forward to purchase a condo in Mississauga, but notsure whether a resale or pre construction
    Kindly advise

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