Verified October 16, 2026. Transit details from GO Transit schedules and Metrolinx announcements; price figures from TRREB’s September 2026 Market Watch for Mississauga as a whole; planning details from the City of Mississauga.
Mississauga is mostly a postwar city, but two of its neighbourhoods were real towns long before the city existed. Port Credit grew up around a harbour at the mouth of the Credit River. Streetsville grew up around mills further up the same river. Both kept their own main streets after they joined Mississauga in 1974, and both still feel like small towns inside a much larger city.
The short version: Port Credit is the lakefront option, with all-day two-way GO trains on the Lakeshore West line, a busy main street, a marina and a growing number of condos. Streetsville is the inland option, with a quieter historic main street, more detached houses on residential streets, and GO trains on the Milton line that run on weekdays at rush hour only. Which one fits depends mostly on how you commute and what kind of home you want.
The two villages at a glance
| Port Credit | Streetsville | |
|---|---|---|
| Where | South Mississauga, at the mouth of the Credit River on Lake Ontario | Northwest Mississauga, on the Credit River |
| Main street | Lakeshore Road, around Hurontario Street | Queen Street South |
| Origins | Village plan laid out in the 1830s around the harbour | Settled in 1819; village in 1858, town in 1962 |
| Joined Mississauga | 1974 | 1974 |
| GO line | Lakeshore West: all day, both directions, seven days a week | Milton: weekday rush hour only, peak direction |
| Light rail | Southern terminus of the Hazel McCallion Line (under construction) | None planned |
| Typical housing | Condos and mid-rise near the station and lake, older houses on village streets, new townhomes and condos at Brightwater | Detached houses and semis on residential streets, some townhouses, a few low-rise apartments near Queen Street |
| Best known for | Waterfront, marina, lighthouse, summer festivals | Historic main street, Bread and Honey Festival, river valley parks |
Port Credit: the village on the lake
Port Credit sits where the Credit River meets Lake Ontario, centred on Lakeshore Road and Hurontario Street. A village plan was laid out in the 1830s and the harbour became a fishing and trading port. Port Credit was later a police village, then a town, before it became part of Mississauga in 1974.
Today the harbour is mostly recreational. There is a marina on the east bank of the river and a public boat launch on the west bank, below the lighthouse. The lighthouse you see is a replica, built by the local Lions Club on top of a sewage pumping station. The Waterfront Trail runs through the area, so you can walk or cycle along the lake in both directions.
Lakeshore Road is the main street, lined with restaurants, cafes and small shops. The City’s planning for Port Credit calls for street-related commercial uses with closely spaced storefronts along it, and properties fronting Lakeshore Road West in the area are generally limited to four storeys. The area also hosts some of Mississauga’s better-known summer events, including the Southside Shuffle and waterfront festivals.
Brightwater and the old refinery lands
West of the village, the former oil refinery site at 70 Mississauga Road South is being rebuilt as a new community called Brightwater, which the City’s plan refers to as Port Credit West Village. A refinery ran there from 1932 until it closed in 1985. According to the Region of Peel, the 28-hectare site is planned for about 2,500 new homes, including 150 affordable rental units, along with shops, parks and offices. If you are looking at new townhomes or condos in Port Credit, many of them are here.
Streetsville: the village in the city
Streetsville is in northwest Mississauga, on the Credit River. It was settled in 1819 after a survey by Timothy Street and Richard Bristol, and Street built saw and grist mills on the river. It became a village in 1858 and a town in 1962, then joined Mississauga in 1974. Locals still call it “the Village in the City.”
Queen Street South is the main street. Several of its older buildings survive, including the Montreal House general store from 1821, and Timothy Street’s brick house from 1825 is one of the oldest brick houses in Peel. The street has independent shops, restaurants and services rather than big-box stores.
The best-known local event is the Bread and Honey Festival, which started in 1973 to mark the area’s milling history and is held in early June at Streetsville Memorial Park. The Credit River valley runs along the east side of the village, with parkland and trails along the water.
Beyond the old core, Streetsville spreads into residential streets built from the 1950s onward. Vista Heights and Riverview, built in 1953, were among the early postwar subdivisions in the area. Later neighbourhoods filled in around them over the following decades.
Getting around: the biggest difference
Port Credit GO. Port Credit is on the Lakeshore West line, which runs all day in both directions, including weekends. Since April 2024, weekend afternoon and evening service between Oakville and Union Station runs every 15 minutes, according to Metrolinx. The station is just north of Lakeshore Road and Hurontario Street, and it is also a MiWay transfer point. That makes Port Credit one of the easier places in Mississauga to live without commuting by car.
Streetsville GO. Streetsville GO, at 45 Thomas Street, is on the Milton line. Trains run on weekdays only, toward Union Station in the morning and back toward Milton in the afternoon and evening. There are no weekend trains on the Milton line; GO bus Route 21 covers trips outside train hours. Metrolinx has added rush-hour trips over the years, but all-day two-way service has not been funded or scheduled. The line shares its tracks with freight trains, which is the main reason service is limited. If you work regular office hours downtown, the Milton line can work well. If your hours vary, or you want to go downtown on a Saturday, plan on driving or connecting by bus.
The Hazel McCallion Line. The Hurontario light rail line will run north from a station beside Port Credit GO, with 19 stops over about 18 kilometres. Construction is well along, but Metrolinx has not published an opening date. Mississauga’s mayor has publicly cited both 2028 and 2029 as possible years. When it opens, Port Credit will gain a direct rail link north to Square One. Until then, it should not be the main reason to buy.
Driving. Port Credit has the QEW just to the north. Streetsville is close to Highway 401 and Highway 403, with Mississauga Road and Britannia Road as the main local routes. Check both commutes at the hour you would actually drive before you decide.
For schedules, always check GO Transit for current trip times. GO adjusts departure times a few times a year.
Housing and what homes cost
Port Credit has the most varied housing of the two. Around the GO station and along the lake you will find condo apartments, including a number of newer mid-rise and high-rise buildings. The old village streets south of Lakeshore Road have older detached houses, many of them inside a heritage district. Brightwater adds new townhomes and condos to the west. Because of that mix, a buyer with a condo budget and a buyer with a detached-house budget can both find something here, but the two will be looking at very different parts of the neighbourhood.
Streetsville is weighted more toward ground-oriented homes. Most streets are detached houses and semis, with townhouses in the newer pockets and a handful of low-rise apartment buildings near Queen Street. Many of the older houses sit on mature lots with established trees, which matters if you want a yard or plan to add a garden suite later.
TRREB’s monthly Market Watch report does not break out Port Credit or Streetsville separately, so the closest reliable benchmark is Mississauga as a whole. These figures cover every neighbourhood in the city, from downtown condos to large lots in the west, so use them as context rather than a price for either village.
| Home type | Sales | Average price | Median price |
|---|---|---|---|
| All home types | 468 | $929,600 | $868,000 |
| Detached | 196 | $1,285,467 | $1,219,000 |
| Semi-detached | 72 | $870,161 | $865,000 |
| Freehold townhouse | 13 | $980,037 | $898,000 |
| Condo townhouse | 61 | $717,408 | $686,000 |
| Condo apartment | 122 | $500,192 | $432,500 |
Waterfront and lake-adjacent homes in Port Credit, and houses on the old village streets in either neighbourhood, can sell well away from these averages in either direction depending on lot, condition and location. The only fair way to price a specific home is recent sales of similar homes on the same or nearby streets. We can pull those for you; see how we work with buyers, or request a free home evaluation if you already own in either area.
Both neighbourhoods are in the City of Mississauga, so property tax rates are the same; the bill depends on your home’s assessed value. Our guide to GTA property tax rates shows how Mississauga compares with nearby cities.
Heritage rules and what they mean for owners
Part of Port Credit is a designated heritage district. The Old Port Credit Heritage Conservation District was designated by the City in 2004 under Part V of the Ontario Heritage Act. It covers roughly the original village plan: Lakeshore Road West to the north, the lake to the south, Mississauga Road South to the west and the Credit River to the east. The City’s plan for the district aims to preserve historic housing, the street grid and building setbacks, and to keep new building in scale.
In practice, owners inside a heritage district usually need heritage approval for exterior changes such as additions, new windows on the street side, or demolition, on top of any building permit. Before you buy, ask the City whether the property is inside the district or individually designated, and factor approval time into any renovation plans.
Streetsville’s main street also has protected heritage buildings, such as the former Queen’s Hotel, which is designated under the Ontario Heritage Act. If you are buying an older home in either area, check the City’s heritage register for the specific address.
Whatever the address, other city rules still apply. Our guides to Mississauga’s fence by-law and tree removal permits cover two that often come up on older lots.
This is general information, not legal advice. Confirm heritage status and permit needs with the City of Mississauga before you buy or renovate.
Which one suits you?
| If you… | Port Credit | Streetsville |
|---|---|---|
| Commute downtown at irregular hours or on weekends | Strong fit: all-day, two-way GO | Harder: trains are weekday rush hour only |
| Commute downtown at regular office hours | Works well | Works well, if the train times match yours |
| Want a condo you can walk to the lake from | Strong fit | Limited supply |
| Want a detached house with a yard | Available, mostly on the older village streets | Strong fit: most streets are detached and semis |
| Want a quieter main street | Busier, especially in summer | Quieter, with a small-town pace |
| Want new construction | Brightwater and newer condos near the station | Fewer new projects |
| Commute by car to the 401 or 407 corridor | Longer drive north | Closer to the 401 and 403 |
Many buyers end up comparing these two with other parts of Peel and Halton as well. For a wider view, see our comparison of buying in Mississauga or Brampton, or the Mississauga real estate hub for other neighbourhoods.
Schools in both areas are run by the Peel District School Board and the Dufferin-Peel Catholic District School Board. Boundaries can change, so check each board’s school locator for the exact address before you commit.
FAQ
Which has better GO train service, Port Credit or Streetsville?
Port Credit. It is on the Lakeshore West line, which runs all day in both directions, seven days a week. Streetsville is on the Milton line, where trains run on weekdays at rush hour only, toward Toronto in the morning and back in the afternoon, with no weekend trains.
When will the Hazel McCallion LRT open in Port Credit?
Metrolinx has not published an opening date. Mississauga’s mayor has publicly cited both 2028 and 2029 as possible years. Port Credit will be the southern end of the line, beside Port Credit GO.
How much do homes cost in Port Credit and Streetsville?
TRREB’s monthly report does not publish separate figures for either neighbourhood. For Mississauga as a whole in September 2026, the average sale price across all home types was $929,600 and the median was $868,000. Detached houses averaged $1,285,467 and condo apartments $500,192. Prices for a specific home depend on recent nearby sales.
Is Port Credit a heritage district?
Part of it is. The Old Port Credit Heritage Conservation District, designated in 2004, covers the original village area between Lakeshore Road West, the lake, Mississauga Road South and the Credit River. Exterior changes there usually need heritage approval.
When were Port Credit and Streetsville part of Mississauga?
Both were separate towns until 1974, when they joined the newly formed City of Mississauga.
What is the Bread and Honey Festival?
It is Streetsville’s annual community festival, started in 1973 to recognize the area’s milling history. It is held in early June at Streetsville Memorial Park.
Sources
- Toronto Regional Real Estate Board, Market Watch, September 2026 (Mississauga tables)
- GO Transit, Milton line schedule (Table 21) and PDF schedules (checked October 16, 2026)
- Metrolinx, Major GO service increases coming April 28 and More rush hour service coming to Milton line
- City of Mississauga, Port Credit Local Area Plan (Mississauga Official Plan 2051)
- Region of Peel, Building Brightwater’s future
- Canadian Register of Historic Places / Old Port Credit Heritage Conservation District (designation by-law 0272-2004)
- The Pointer, Hurontario LRT completion date (February 10, 2026)
- Background history: Port Credit, Streetsville and Streetsville GO Station
Featured photo: Mississauga skyline by The Eloquent Peasant, Wikimedia Commons, CC BY 4.0; resized for display. Location photograph of the city, not a listing.
Local Toronto, HomeLife Landmark Realty Inc., Brokerage.