This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $769,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Her name is Rio, and she dances through Erin Mills with huge SF, modern flair and everyday ease. This 2 bed, 2.5 bath urban townhome hits all the right notes - cool, functional, and quietly stylish, just like the track that inspired the vibe. Tucked into a private, well-kept laneway, #31 delivers the best of city living with a touch of laid-back charm. The main floor features wide plank floors, an updated kitchen with a sleek island, and stainless steel appliances. The open-concept great room flows effortlessly from living to dining to a massive terrace perfect for rooftop-style dinners, weekend lounging, or catching a little sun with your morning coffee and yes there's a powder rm. Upstairs, both bedrooms feel like suites each with a walk-in closet and its own ensuite bath. There's even a full-size laundry room up here because modern life should be easy. The lower level gives you direct access to your semi private garage plus a second parking space ideal for guests or a two-car household. Out front, a shared, landscaped courtyard is exclusive to the community. Think quiet evenings, or a safe place for little ones to roam. Located just minutes from Erin Mills Town Centre, Credit Valley Hospital, great schools, and surrounded by shops, dining, and transit, Rio puts you close to everything. Access to the 403, 401, and MiWay means you're never far from your next adventure. 31 Rio Crt isn't just a home it's got rhythm, edge, and personality. Whether you're starting fresh, scaling down, or making a savvy move, Rio is ready to dance right into your life.
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This townhouse located at 2891 Rio Court, Mississauga is currently for sale and has been available on SousaSells for 366 days. This property is listed at $769,000 with an estimated mortgage of $2,560* per month. It has 2 beds, 3 bathrooms, and is 1200-1399 square feet. 2891 Rio Court, Mississauga is in the Central Erin Mills neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Park, Public Transit
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Data-driven valuation for 2891 Rio Court 31, Mississauga, ON L5M 0S4
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $769,000 in Mississauga, the legal minimum down payment is $51,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,855 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,855.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.