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Detached for Rent in Mississauga
Neighbourhood: Lisgar
- MLS Number
- W13256478
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to this bright and spacious 2 bedroom, 1 bathroom basement apartment in the highly desirable Lisgar community. Featuring a separate private entrance, an open concept layout, and generous living space, this unit is perfect for small families, couples, or professionals seeking comfort and convenience. Located on a quiet family friendly street, this home is just steps from parks, walking trails, and a fantastic playground with a water park, making it ideal for families with young children. Enjoy easy access to schools, shopping, restaurants, public transit, and major highways, all within minutes. A great opportunity to live in one of Mississauga's most sought-after neighbourhoods while enjoying a spacious and welcoming place to call home.
Modern Living in Nature's Embrace
Lisgar is a newer, master-planned community in northwest Mississauga, developed primarily in the 1990s and 2000s. The neighbourhood features modern homes, extensive parks, and excellent schools. Lisgar offers a suburban lifestyle with convenient access to highways and the new developments along the 401 corridor.
Why Live in Lisgar
- •Newer homes in modern designs
- •Extensive parks and green spaces
- •Top-rated schools
- •Highway 401 and 407 access
- •Growing retail and services
Nearby Schools
Transit & Commuting
- •MiWay bus connections
- •Close to Highway 401 and 407 ETR
- •Lisgar GO Station (proposed)
- •10-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Lisgar Park
- •Churchill Meadows Community Centre
- •Multiple sports fields and playgrounds
- •Retail plazas along Britannia Road
- •Proximity to outlet malls
Lifestyle & Community
Lisgar offers modern suburban living with excellent amenities. The neighbourhood is perfect for families seeking newer homes and easy highway access.
7197 Terragar Boulevard Unit Bsmt, 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 $1,700/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.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
About Lisgar
I know Lisgar well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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.