~$1.29M Average Mississauga detached price, Sept. 2026

~$711,000 Average Mississauga condo townhouse price, Apr. 2026

5.21% 2026 Mississauga residential property tax increase

~$11,475 Ontario land transfer tax on a $750,000 purchase

For many homeowners, the dream of downsizing isn't a high-rise. It's a home where everything you need is on one level: no stairs to the bedroom, no stairs to the laundry, and a smaller footprint to look after. If you're thinking about whether to downsize to a bungalow, or to a condo bungalow with the exterior upkeep handled for you, this guide is for you.

As a Realtor working with homeowners in Mississauga, Oakville and Burlington, I know these homes can be harder to find than condo apartments, and the price tags can surprise people. Here's what to understand before you start looking.

Why bungalows appeal to downsizers

The appeal is simple. One-level living is easier on knees and backs, easier to navigate with a walker later on, and easier for guests who can't manage stairs. You usually get a private entrance, a yard or patio, and often a garage, which many people miss after years in a house. A bungalow can also feel more like "home" than an apartment, which matters when you're leaving a place you've lived for decades.

The trade-off is that detached bungalows often sit on larger lots, so the price can reflect the land more than the house itself. That is where a condo bungalow or bungalow townhouse comes in.

Bungalow, condo bungalow or bungalow townhouse: what's the difference?

The terms get mixed up, so it helps to be clear on what each means. "Bungalow" generally means the main living areas are on one level (KeyHomes). Ownership and fees are where they differ.

Type	What you own	Monthly fee	Exterior upkeep	Best for
Detached bungalow	House and land	None	You	Privacy, space, a yard
Condo bungalow or bungalow townhouse (condo)	Your unit plus a share of common elements	Yes, usually lower than an apartment	Usually the condo corporation	Low maintenance with a front door
Freehold bungalow townhouse	House and land	Usually none, sometimes a small shared-element fee	You	Lower price than detached, no condo corporation

Condo townhouse fees are often lower than apartment fees because there are typically fewer amenities and no concierge (Get What You Want). In summer 2026, one main-floor condo townhouse near Eglinton Avenue West in Mississauga was listed at about $499,000 with a $517 monthly fee (Condos.ca). Fees vary widely by building, so always ask what's included.

What a bungalow really costs in Mississauga

Mississauga prices are softer than a year ago. In September 2026, the average home price was about $929,600, and detached homes averaged roughly $1.29 million (INsauga, from TRREB data). Bungalows in established south Mississauga neighbourhoods like Lorne Park and Clarkson often sit well above those averages because of their lots and the location.

For example, a Clarkson bungalow was reduced from $1,499,000 to $1,350,000 in May 2026 (ViewHomes), while a Lorne Park bungalow listed in September 2026 asked $2.6 million and showed about $21,400 in annual property taxes (Property.ca). These are individual listings, not averages, but they show the range, and how much of the price can be land.

That's why I always walk through the numbers with downsizers:

1. Purchase price versus what you free up. A bungalow may release less equity than a condo apartment, but gives you more space and privacy.
2. Property tax. Mississauga's 2026 residential tax bill rose 5.21%, combining the City and Region of Peel (City of Mississauga). A detached bungalow on a valuable lot can carry a high tax bill.
3. Maintenance. A detached bungalow means roof, windows, furnace, snow and lawn are on you. A condo bungalow shifts much of that into the monthly fee.
4. One-time costs. Mississauga has no municipal land transfer tax, only Ontario's, which is about $11,475 on a $750,000 purchase (WOWA).

Where to look in Mississauga

Bungalows are more common in established neighbourhoods than in newer ones. In Mississauga, I'd start with Clarkson and Lorne Park, which have mature streets and large lots, with GO access in Clarkson. Mineola and Port Credit have a mix of older homes near the lake. Erin Mills, Streetsville and other established areas can also offer bungalows and townhouse options. Because this kind of home doesn't come up often, tell me what you want and I'll watch for new listings as they appear.

Bungalows in Oakville and Burlington

The same logic applies in Halton Region, but prices are different. Oakville is a premium market. Its single-family average price was reported at about $1.75 million in February 2026, with townhouses and condos averaging about $822,000 (Niblock Real Estate, citing OMDREB). That spread is why many Oakville downsizers look at condo townhouses and low-rise condo options. I also work with buyers and sellers in Burlington, where established neighbourhoods offer a mix of detached bungalows and townhouses. Inventory shifts constantly, so the best approach is to compare current listings side by side.

What to check before you buy a bungalow

A bungalow can look perfect in photos and still not suit your next 15 years. Before you make an offer, check:

• ■The layout. Is the bedroom on the main floor? Are doorways wide? Is the entry step-free? Some "bungalows" are raised bungalows with half-flights of stairs.
• ■The basement. Many bungalows have finished basements. Don't count on them as living space if stairs may become a problem.
• ■Age and condition. Ask about the roof, windows, furnace and electrical. If equipment is rented or leased, get the contract and buyout figure first. I explain why in Furnace, A/C and Hot Water Tank: Should You Rent, Lease or Buy?
• ■For condo bungalows. Read the status certificate and reserve fund study, and ask what the fee covers (roof, driveways, snow, landscaping). Check the pet and rental rules too.
• ■Your lender. Some ownership structures, such as freehold townhouses with common-element fees, can be treated differently by lenders, so confirm early (KeyHomes).

Sell first, or buy first?

Because bungalows can be scarce, some downsizers are tempted to buy as soon as the right one appears. I cover the options in detail in How to Downsize in Mississauga, including conditional offers, bridge financing and lining up closing dates. The short version: know your numbers before you fall in love with a house, and talk to a mortgage professional and your lawyer first.

Dave Holt, Sales Representative, eXp Realty. Figures are general information as of October 2026, not mortgage or legal advice.