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L5M Houses for Lease Under 500 Thousand

Showing results 1 - 30 of 310

Square Yards has made it extremely easy to find luxurious and spacious houses for rent in l5m under $500k in Ontario. From condos to large bungalows, here is a wide selection of property options that can be easily filtered by their bedroom size, number of beds and bathrooms, location, and property age. Each listing includes details about the various amenities of the rental unit, including a gym, swimming pool or garden decks and the type of property, such as condos, townhouses, duplexes and much more. Easily find l5m houses for rent under $500k in a completely stress-free manner.

Last Updated: April 25, 2025

7 Photos

3055 Thomas Street, Peel, ON , MLS #W12090443 , Image - 1

Unit-109, 3055 Thomas Street Churchill Meadows, Mississauga, Peel, ON MLS® W12090443

Residential Condo & Other (Condo Apartment)

$1,795

0 +1 Beds
1 Baths
500-599 sq-ft

Welcome To The Churchill Meadows Neighbourhood! This Unit Features A Bright Living Room With Laminated Floors And A Walk-Out To A Private Balcony. Jun

28 Photos

5535 Glen Erin Drive, Peel, ON , MLS #W12101594 , Image - 1

Unit-18, 5535 Glen Erin Drive Central Erin Mills, Mississauga, Peel, ON MLS® W12101594

Residential Condo & Other (Condo Townhouse)

$3,490

3 Beds
3 Baths
1800-1999 sq-ft

EXCELLENT CONDITION, SPACIOUS ALMOST 2000SFT IN DESIRED JOHN FRASER/GONZAGA AREA, DOUBLE BUILT IN GARAGE, BEAUTIFUL UPGRADED KITCHEN WITH QUARZ COUNTE

22 Photos

4900 Glen Erin Drive, Peel, ON , MLS #W12102594 , Image - 1

Unit-611, 4900 Glen Erin Drive Central Erin Mills, Mississauga, Peel, ON MLS® W12102594

Residential Condo & Other (Condo Apartment)

$2,150

1 Beds
1 Baths
600-699 sq-ft

The right home doesn't just meet your needs - it makes everyday life feel effortless. Suite 611 at Miracle in Mississauga Condos is designed for exact

19 Photos

338 Hillside Drive, Peel, ON , MLS #W12102270 , Image - 1

Unit-Bsmt, 338 Hillside Drive Streetsville, Mississauga, Peel, ON MLS® W12102270

Residential Freehold (Semi-Detached )

$1,299

2 Beds
1 Baths

Rarely Available And Beautiful 1 Bed/ 1 bath A Newly Finished Basement Separate Entrance from The Garage Located In Trendy Streetsville, Don't Miss Yo

2 Photos

4655 Metcalfe Avenue, Peel, ON , MLS #W12102088 , Image - 1

Unit-401, 4655 Metcalfe Avenue Central Erin Mills, Mississauga, Peel, ON MLS® W12102088

Residential Condo & Other (Condo Apartment)

$2,850

2 +1 Beds
2 Baths
800-899 sq-ft

Location, Location! Welcome to Erin Square by Pemberton Group! This beautiful 2-bedroom + den, 2-bath suite offers a bright, functional layout with ef

23 Photos

4675 Metcalfe Avenue, Peel, ON , MLS #W12101577 , Image - 1

Unit-202, 4675 Metcalfe Avenue Central Erin Mills, Mississauga, Peel, ON MLS® W12101577

Residential Condo & Other (Condo Apartment)

$3,150

2 +1 Beds
2 Baths
800-899 sq-ft

**ONLY 3 YEARS SINCE OCCUPANCY** WELCOME TO ERIN SQUARE BY PEMBERTON GROUP. 2 + DEN, 2 BATH WITH BALCONY, S/E EXPOSURE, PARKING & LOCKER INCLUDED. BRI

16 Photos

4850 Glen Erin Drive, Peel, ON , MLS #W12099665 , Image - 1

Unit-1604, 4850 Glen Erin Drive Central Erin Mills, Mississauga, Peel, ON MLS® W12099665

Residential Condo & Other (Condo Apartment)

$3,100

2 Beds
2 Baths
900-999 sq-ft

Bright & Spacious Corner Unit, Southeast View, Open Concept Layout With 2 Bedrooms + 2 Full Bathrooms, One Underground Parking, S/S Appliances, Granit

31 Photos

5580 Creditrise Place, Peel, ON , MLS #W12101387 , Image - 1

5580 Creditrise Place Central Erin Mills, Mississauga, Peel, ON MLS® W12101387

Residential Freehold (Semi-Detached )

$3,400

3 Beds
3 Baths

Location, Location, Location!! High Demand Streetsville Semi-Detached Home. Gleaming Hardwood Floors, Family Sized Kitchen, New refrigerator, new rang

31 Photos

2545 Erin Centre Boulevard, Peel, ON , MLS #W12100041 , Image - 1

Unit-804, 2545 Erin Centre Boulevard Central Erin Mills, Mississauga, Peel, ON MLS® W12100041

Residential Condo & Other (Condo Apartment)

$2,400

1 Beds
1 Baths
0-499 sq-ft

Ideal for young professionals, this bright and spacious corner condo offers modern living in a sought-after building. Featuring a well-maintained inte

44 Photos

5441 Valhalla Crescent, Peel, ON , MLS #W12092371 , Image - 1

5441 Valhalla Crescent Churchill Meadows, Mississauga, Peel, ON MLS® W12092371

Residential Freehold (Detached)

$4,750

4 Beds
4 Baths
3500-5000 sq-ft

Modern and Specious 4 Bedroom Detached Home for Luxurious Living in Churchill Meadows Prime Location. Approx. 3525 SQFT, 9ft Ceiling and Hardwood Floo

9 Photos

2585 Erin Centre Boulevard, Peel, ON , MLS #W12101046 , Image - 1

Unit-601, 2585 Erin Centre Boulevard Central Erin Mills, Mississauga, Peel, ON MLS® W12101046

Residential Condo & Other (Condo Apartment)

$2,700

2 Beds
2 Baths
800-899 sq-ft

Beautiful Well Maintained 2 B/R, 2 Bath Suite, M/B With Walk In Closet & 4 Pc Ensuite, Large Kitchen With Ceramic Floors, Laminated Floor In Living &

13 Photos

1650 Covington Terrace, Peel, ON , MLS #W12052367 , Image - 1

1650 Covington Terrace East Credit, Mississauga, Peel, ON MLS® W12052367

Residential Freehold (Detached)

$5,000

Reduced by 9.1%

4 +2 Beds
6 Baths
3000-3500 sq-ft

Luxury Living in Prestigious Credit Pointe Available for 1-Year or 2 year Lease. Welcome to this exceptional executive residence nestled in the heart

33 Photos

5848 Questman Hollow, Peel, ON , MLS #W12100462 , Image - 1

5848 Questman Hollow Churchill Meadows, Mississauga, Peel, ON MLS® W12100462

Residential Freehold (Semi-Detached )

$3,300

3 Beds
3 Baths
1500-2000 sq-ft

Welcome To This Bright, Spacious Open Concept, 3 Bedroom, 2.5 Bath, Semi-Detached home is available for lease. Located In Popular Churchill Meadows Ar

19 Photos

2710 Quail's Run, Peel, ON , MLS #W12100125 , Image - 1

Unit-Bsmt, 2710 Quail's Run Central Erin Mills, Mississauga, Peel, ON MLS® W12100125

Residential Freehold (Detached)

$1,900

2 Beds
1 Baths

Welcome to this beautifully finished lower-level apartment in Mississauga's top school area! This spacious unit features a tastefully renovated baseme

38 Photos

5742 Tayside Crescent, Peel, ON , MLS #W12099929 , Image - 1

5742 Tayside Crescent Central Erin Mills, Mississauga, Peel, ON MLS® W12099929

Residential Freehold (Detached)

$3,500

4 Beds
3 Baths
2000-2500 sq-ft

Charming Detached Home in the desirable neighbourhood of Central Erin Mills. Walkable to the highly demandable John Fraser Secondary School. Parents t

9 Photos

5918 Algarve Drive, Peel, ON , MLS #W12039259 , Image - 1

5918 Algarve Drive Churchill Meadows, Mississauga, Peel, ON MLS® W12039259

Residential Freehold (Semi-Detached )

$1,595

Reduced by 6.2%

1 Beds
1 Baths
1100-1500 sq-ft

Absolutely Fantastic Churchill Meadows Neighborhood Area, Semi Detached House, 1 Bedroom Cozy Basement Apartment On A Quiet Street Within Walking Dist

28 Photos

4655 Metcalfe Avenue

Unit-1205, 4655 Metcalfe Avenue Central Erin Mills, Mississauga, Peel, ON MLS® W12018423

Residential Condo & Other (Condo Apartment)

$2,950

Reduced by 1.7%

2 +1 Beds
2 Baths
800-899 sq-ft

Absolutely Spectacular 2+1 Bed 2 Bath in Highly Demanded Erin Square By Pemberton Group! This Gorgeous Unit Boasts Modern Finishes, a Large Open-Conce

10 Photos

370 Queen Street, Peel, ON , MLS #W12087086 , Image - 1

Unit-C, 370 Queen Street Streetsville, Mississauga, Peel, ON MLS® W12087086

Residential Condo & Other (Condo Apartment)

$2,699

3 Beds
2 Baths
1400-1599 sq-ft

3 Bedroom Unit For Lease Located In The Prime Location Of Streetsville ** A Very Bright And Spacious Open Concept Living And Dining Area * Kitchen Wit

19 Photos

4677 Glen Erin Drive E, Peel, ON , MLS #W12099549 , Image - 1

Unit-1502, 4677 Glen Erin Drive E Central Erin Mills, Mississauga, Peel, ON MLS® W12099549

Residential Condo & Other (Condo Apartment)

$3,200

2 +1 Beds
2 Baths
900-999 sq-ft

Balcony Condo Centrally Located in the Prestigious Neighbourhood of Central Erin Mills. Under 5 Years Old, Across Erin Mills Town Centre, Top Rated Sc

20 Photos

4655 Metcalfe Avenue, Peel, ON , MLS #W12090153 , Image - 1

Unit-1003, 4655 Metcalfe Avenue Central Erin Mills, Mississauga, Peel, ON MLS® W12090153

Residential Condo & Other (Condo Apartment)

$2,500

Reduced by 3.8%

1 +1 Beds
2 Baths
600-699 sq-ft

Sun-filled 1 bedroom + den with 2 full baths at Erin Square Condos by Pemberton. This unit features 9-foot ceilings, premium laminate flooring, a spac

24 Photos

98 William Street

Unit-101, 98 William Street Streetsville, Mississauga, Peel, ON MLS® W12014372

Residential Condo & Other (Condo Apartment)

$1,900

Reduced by 2.6%

1 Beds
1 Baths
500-599 sq-ft

Beautiful Cozy One Bedroom Apartment In The Heart Of Streetsville. Unbeatable Location, Walking Distance To Local Amenities Including Restaurants, Pub

7 Photos

1446 Kirkrow Crescent, Peel, ON , MLS #W11935460 , Image - 1

Unit-Bsmt, 1446 Kirkrow Crescent East Credit, Mississauga, Peel, ON MLS® W11935460

Residential Freehold (Detached)

$1,798

Reduced by 18.3%

2 Beds
1 Baths
1100-1500 sq-ft

Gorgeous And Bright 2 Bedrooms Basement Apartment near Heartland area Mississauga, Good size bedrooms, Open concept spacious Kitchen, Living/Dining ar

6 Photos

5035 Oscar Peterson Boulevard, Peel, ON , MLS #W12095635 , Image - 1

Unit-102, 5035 Oscar Peterson Boulevard Churchill Meadows, Mississauga, Peel, ON MLS® W12095635

Residential Condo & Other (Condo Townhouse)

$2,150

1 Beds
1 Baths
500-599 sq-ft

Welcome to this 1 Bed 1 Bath Condo Townhouse in the beautiful neighbourhood of Churchill Meadows. This ground floor unit is well maintained and in gr

17 Photos

4699 Glen Erin Drive, Peel, ON , MLS #W12089467 , Image - 1

Unit-1510, 4699 Glen Erin Drive Central Erin Mills, Mississauga, Peel, ON MLS® W12089467

Residential Condo & Other (Condo Apartment)

$3,200

2 +1 Beds
2 Baths
800-899 sq-ft

In Downtown Erin Mills, this bright and spacious 2-bedroom plus den unit features two full baths and boasts floor-to-ceiling windows with a northeast

26 Photos

2520 Eglinton Avenue W

Unit-410, 2520 Eglinton Avenue W Central Erin Mills, Mississauga, Peel, ON MLS® W11994755

Residential Condo & Other (Condo Apartment)

$2,850

Reduced by 5.0%

2 Beds
2 Baths
900-999 sq-ft

Welcome to Your New Home! This beautifully updated 2-bedroom, 2-bath condo is available for lease and perfectly located just steps from Credit Valley

14 Photos

3465 Platinum Drive, Peel, ON , MLS #W12097331 , Image - 1

Unit-238, 3465 Platinum Drive Churchill Meadows, Mississauga, Peel, ON MLS® W12097331

Commercial (Office)

$900

1 ROOM FOR RENT * Are you Looking for a Prime Commercial Office Unit for For Lease in Ridgeway Plaza -Mississauga ? This office situated in a high-tr

14 Photos

4677 Glen Erin Drive, Peel, ON , MLS #W12098560 , Image - 1

Unit-904, 4677 Glen Erin Drive Central Erin Mills, Mississauga, Peel, ON MLS® W12098560

Residential Condo & Other (Condo Apartment)

$3,100

2 +1 Beds
2 Baths
900-999 sq-ft

Welcome to the Central Erin Mills Community. Spacious corner unit two bedroom + Den with One Parking and One Locker. Wraparound Private Balcony with

20 Photos

4655 Metcalfe Avenue, Peel, ON , MLS #W12098370 , Image - 1

Unit-2008, 4655 Metcalfe Avenue Central Erin Mills, Mississauga, Peel, ON MLS® W12098370

Residential Condo & Other (Condo Apartment)

$2,585

1 +1 Beds
2 Baths
600-699 sq-ft

Welcome To Erin Square By Pemberton Group! A Walker's Paradise - Steps To Erin Mills Town Centre's Endless Shops & Dining, Top Local Schools, Credit V

20 Photos

3845 BRINWOOD Gate W, Peel, ON , MLS #W12097867 , Image - 1

3845 BRINWOOD Gate W Churchill Meadows, Mississauga, Peel, ON MLS® W12097867

Residential Freehold (Detached)

$1,490

1 Beds
1 Baths

Brand New App SS: Stove, Fridge, Microwave, Dishwasher. Ensuite Brand New Washer & Dryer. All Utilities Are Included ( Hydro, Gas, Water)1 Parking Sp

40 Photos

2221 Robinwood Court, Peel, ON , MLS #W12092118 , Image - 1

2221 Robinwood Court Central Erin Mills, Mississauga, Peel, ON MLS® W12092118

Residential Freehold (Detached)

$7,000

4 Beds
4 Baths
3500-5000 sq-ft

An inviting space to call home! Welcome to 2221 Robinwood Court, perfectly nestled in the heart of Central Erin Mills. Just moments away from Erin Mil

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