It used to be that buying a home in Toronto was always preferable to buying in neighbouring cities such as Mississauga because of higher home values and shorter commuting times for those working in the city center. But now Mississauga homes for sale have an advantage over homes in Toronto. Properties in Toronto are subject to the new municipal land transfer tax which will add about $3,000 to the purchase price of the average home. And even though many lending institutions are offering incentives to offset the land transfer tax, Mississauga homes for sale may start to look more appealing to those property owners who are looking to sell their home in the near future.
This may especially be true for home owners who already live close to the Toronto Mississauga boundary. To them adding an extra five to ten minute to their work commute may be worth it in order to avoid paying the extra fees when buying their next home. It may not be for everyone but this may bring a small boost in the number of available Mississauga homes for sale for properties that border Toronto as well as a possible increase in value. Only time will tell.
If you are looking for Mississauga homes for sale, please feel free to start your search here. If you have any questions Cesar Da Silva will be more than happy to assist you. If you cannot find what you are looking for from the available properties please visit the Find Your Dream Home section. By filling-out the form homes that match your specified criteria will be sent to you promptly.
