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Multi-Family for Rent in Mississauga
Popular Listing- MLS Number
- W13255590
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 11
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Rare and exceptional opportunity in the heart of Port Credit - brand new luxury two bedroom lower level (basement) residence within an exclusive low-density fourplex, smartly designed for an individual seeking new, custom-home quality with the ease and convenience of premium lease living in a family-friendly neighbourhood. Perfectly positioned just a 5-minute walk to the GO Transit station with direct service to downtown Toronto in approximately 17 minutes, while boutique shops, acclaimed restaurants, cafés, parks, and the vibrant waterfront lifestyle of Port Credit are all right outside your door. Mentor College is around the corner and Forest Avenue Public School sits directly across the street.This beautifully designed approximately 680 sq. ft. suite offers a private separate entrance and an intelligent European-inspired layout maximizing every inch of space with style and function. The open-concept kitchen and living area is refined and inviting, featuring stunning Taj Mahal quartz countertops, integrated cooktop, built-in oven, built-in microwave, custom cabinetry, and sophisticated designer finishes throughout.The 2 bedrooms share a beautifully appointed three-piece bath, while rare radiant in-floor heating provides exceptional warmth and comfort. A split integrated air conditioning system offers efficient climate control, adding to the premium living experience. Luxury detailing, custom craftsmanship, and create a below-grade residence that feels elevated, warm, and highly livable.Additional conveniences include full-size in-suite laundry, brand new construction standards, and the peace of mind that comes with a custom-built home by Reign Custom Builders.A rare chance to lease a thoughtfully designed luxury suite in one of Mississauga's most sought-after communities. Utilities extra. 1 Parking space may be available.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
43 Elmwood Avenue Unit #4, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,300/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.