5+ Days Ago
Highlights
Pet Friendly
Location
3550 Colonial Dr, Mississauga, ON L5L 0C1, CAN|Erin Mills
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Property Overview
The Way – Collegeway & Ridgeway Stacked Townhouses has received a notable Zumper expert rating of 8.8 out of 10, reflecting its strong appeal to renters. With top-tier ratings for price, amenities, and location, it offers competitive value, impressive features, and access to key conveniences. Additionally, its pet-friendly outdoor spaces enhance the overall appeal, making it a commendable choice for prospective tenants.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Dishwasher- Laundry available on site
- Outdoor space
Great for
Pet owners
Floor plans
| 3562 Colonial Dr | 2 bed | 2 bath | 999 sqft | $2,900 /mo | 1 unit available |
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Amenities for The Way – Collegeway & Ridgeway Stacked Townhouses
Apartment Amenities
| Air Conditioning | Balcony |
| Carpet | Central Air Conditioning |
| Central Heat | Ensuite Bathroom |
| Furnished | Hardwood Floor |
| Vinyl Plank Floors | Window Coverings |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Individual Thermostats | Microwave |
| Stove | Washer In-Suite |
Tech
| Internet Ready |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Rooftop BBQ Area |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
Other
| BBQ Permitted |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Deposit
One-time.
$5,800
Base Rent
Monthly rent payment.
$2,900
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Garage Lot
Parking Fee
Monthly. 2 garage lots max. Unassigned parking; 1 total spaces.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 2022 |
|---|---|
| Lease terms | 12 months |
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About The Way – Collegeway & Ridgeway Stacked Townhouses
Discover The Way at Collegeway & Ridgeway, a modern stacked townhouse community in the heart of Erin Mills, Mississauga. This thoughtfully designed 4-storey development offers stylish and spacious homes with open layouts, contemporary finishes, and private outdoor spaces. Residents enjoy the convenience of nearby shopping, dining, schools, and parks, along with easy access to major highways and transit. Perfect for families and professionals alike, The Way combines urban living with the comfort of a well-connected, vibrant community. Erin Mills is one of Mississauga's most sought-after communities, known for its family-friendly atmosphere, abundant green spaces, and excellent amenities. Residents enjoy top-rated schools, nearby shopping at Erin Mills Town Centre, a wide selection of restaurants and everyday conveniences, plus quick access to highways 403, 407, and the QEW for effortless commuting. With trails, parks, and community centers all around, Erin Mills offers the perfect balance of suburban comfort and urban connectivity, making it an ideal place to call home.
Year Built: 2022
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, The Way – Collegeway & Ridgeway Stacked Townhouses is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Way – Collegeway & Ridgeway Stacked Townhouses has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Way – Collegeway & Ridgeway Stacked Townhouses offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Way – Collegeway & Ridgeway Stacked Townhouses stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Way – Collegeway & Ridgeway Stacked Townhouses is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Way – Collegeway & Ridgeway Stacked Townhouses does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Way – Collegeway & Ridgeway Stacked Townhouses provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
The Way – Collegeway & Ridgeway Stacked Townhouses is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How The Way – Collegeway & Ridgeway Stacked Townhouses compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
- Pet friendly
- This property allows pets
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Erin Mills
2-bedroom apartments at The Way – Collegeway & Ridgeway Stacked Townhouses cost about 7% more than the average rent price for 2-bedroom apartments in Erin Mills.
Median rents as of Nov 1 2025.
Erin Mills
Mississauga
| Month | Median Rent |
|---|---|
| November 2023 | $2,837 |
| December 2023 | $2,809 |
| January 2024 | $2,798 |
| February 2024 | $2,757 |
| March 2024 | $2,745 |
| April 2024 | $2,741 |
| May 2024 | $2,751 |
| June 2024 | $2,791 |
| July 2024 | $2,785 |
| August 2024 | $2,798 |
| September 2024 | $2,779 |
| October 2024 | $2,752 |
| November 2024 | $2,753 |
| December 2024 | $2,705 |
| January 2025 | $2,699 |
| February 2025 | $2,699 |
| March 2025 | $2,669 |
| April 2025 | $2,597 |
| May 2025 | $2,589 |
| June 2025 | $2,599 |
| July 2025 | $2,599 |
| August 2025 | $2,559 |
| September 2025 | $2,557 |
| October 2025 | $2,583 |
| November 2025 | $2,550 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,698 |
| January 2024 | $2,895 |
| February 2024 | $2,830 |
| March 2024 | $2,799 |
| April 2024 | $2,786 |
| May 2024 | $2,814 |
| June 2024 | $2,850 |
| July 2024 | $2,847 |
| August 2024 | $2,806 |
| September 2024 | $2,851 |
| October 2024 | $2,816 |
| November 2024 | $2,790 |
| December 2024 | $2,705 |
| January 2025 | $2,633 |
| February 2025 | $2,619 |
| March 2025 | $2,694 |
| April 2025 | $2,755 |
| May 2025 | $2,800 |
| June 2025 | $2,800 |
| July 2025 | $2,768 |
| August 2025 | $2,703 |
| September 2025 | $2,797 |
| October 2025 | $2,716 |
| November 2025 | $2,700 |
Affordability calculator
Can I afford to live at 3550 Colonial Dr?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$116,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $116,000 annually to afford this 2-bedrooms monthly rent price of $2,900.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Way – Collegeway & Ridgeway Stacked Townhouses
Getting around Mississauga near 3550 Colonial Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 3550 Colonial Dr, Mississauga
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
2/10
Few or no bars within walking distance
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