Neighbourhood Guide · East Credit

East Credit: Family Homes From $820K, Big-Box Savings at Heartland

Bounded by Mavis, Creditview, Eglinton and Britannia, East Credit is one of central Mississauga's largest family neighbourhoods — detached homes starting near $820,000 and a big-box retail core at Heartland Town Centre that can shave real dollars off a household's monthly spend. It's the value-and-convenience play in the middle of the city.

📍 L5V (also L5M · L5R)🛒 Heartland Town Centre📅 Updated July 2026
$820K+
Detached Entry Price
~$1.9K
2-BR Rent / mo
~$3.3K
3-BR Rent / mo
Heartland
Big-Box Retail Core
403 / 401
Highway Access
01 / THE NEIGHBOURHOOD

About East Credit

East Credit occupies central Mississauga between Creditview Road and Mavis Road, running from Eglinton Avenue up to Britannia Road. It's a large, predominantly residential community of detached homes and townhouses built mostly through the 1980s and 1990s, popular with families for its schools, parks, and — critically for household budgets — its immediate access to Heartland Town Centre, one of the GTA's largest big-box retail districts, plus quick connections to Highways 403 and 401.

Housing here spans a wide band. Current listings run from roughly $820,000 for entry detached and townhouse product up past $1.79 million for larger or upgraded homes, keeping East Credit near — but generally a touch below — the Mississauga average. The rental market is thinner and more volatile: recent data shows two-bedrooms around $1,900 and three-bedrooms around $3,300, with headline monthly and year-over-year swings that reflect small sample sizes more than a stable trend. The steadiest financial story in East Credit isn't the rent index — it's the everyday-cost advantage of living beside Heartland.

The "so what" on Heartland: East Credit residents live minutes from Walmart Supercentre, Costco-adjacent big-box anchors, and a dense grocery cluster. Our neighbourhood grocery mapping finds a 20–35% price gap between the cheapest and most convenient options across Mississauga — and East Credit is one of the few areas where the cheapest options are the convenient ones. That proximity is a recurring monthly saving most home-price comparisons ignore. See the grocery price map →
02 / WHAT IT ACTUALLY COSTS

East Credit by Housing Type

Housing TypeTypical Range (2026)Est. Property Tax / yr*Notes
Townhouse / entry detached~$820,000~$8,921Family entry point below city avg
Mid detached~$1,100,000~$11,9673–4 bed, standard lot
Upper detached~$1,790,000~$19,473Larger / upgraded homes
2-bed rental~$1,900 / moVolatile, small sample
3-bed rental~$3,300 / moOften whole-home / basement combos

*Illustrative property tax at the City's 2026 residential rate of 1.087901% (By-law 0061-2026) applied to the price shown. Actual bills use your MPAC assessed value, frozen at January 1, 2016 — below current market for most East Credit homes. Rental figures are third-party estimates with wide month-to-month variance. Estimate your real bill →

03 / CONFIRMED VS. ESTIMATED

Where These Numbers Come From

✓ Tier 1 Confirmed

Ward & representation

East Credit sits in Ward 6, represented by Councillor Joe Horneck (City of Mississauga, 2022–2026 term).
✓ Tier 1 Confirmed

Tax rate

2026 residential property tax rate 1.087901% (City of Mississauga By-law 0061-2026).
⚑ Tier 2 Estimate

Home prices

The ~$820K–$1.79M listing range is a third-party market snapshot (Zolo/Redfin, 2026) and shifts with inventory.
? Volatile / low-confidence

Rent index swings

Reported monthly (+25%) and year-over-year (+36%) rent jumps come from a small listing sample and should not be read as a stable trend.
04 / GO DEEPER

East Credit Reading

05 / TOOLS

Calculators for East Credit Residents

Financial Fast Facts — East Credit

  • Primary postal code L5V (with L5M/L5R at the edges); bounded by Creditview, Mavis, Eglinton, and Britannia
  • Detached and townhouse listings run ~$820,000 to ~$1,790,000 (2026) — generally near or slightly below the city average
  • Rental band roughly $1,900 (2-bed) to $3,300 (3-bed); index swings are large and sample-driven, not a stable trend
  • Heartland Town Centre puts big-box retail and low-cost grocery minutes away — a recurring monthly saving
  • Direct access to Highways 403 and 401 for drivers; a car-oriented neighbourhood without a GO station of its own
  • Ward 6 — Councillor Joe Horneck; primary contact for zoning, retail, and development questions
  • 2026 residential property tax rate 1.087901% — bills use 2016-frozen MPAC values
  • Served by Alectra (hydro) and Enbridge (gas); larger detached footprints raise winter heating loads
  • Rent control applies to units first occupied before Nov 15, 2018 — relevant to many older basement and whole-home rentals
EXPLORE

Other Neighbourhood Hubs

Home and rent figures are third-party market estimates (Zolo, Redfin, Zumper, 2026) and change over time; rental swings in particular are sample-driven. Verify current pricing before making any decision. Property tax figures are illustrative calculations based on published 2026 City of Mississauga rates. This page is general financial information, not legal, tax, or real estate advice. © 2026 MississaugaWallet.ca