5179 Elmridge Drive, Mississauga, ON

$2,649,900
MLS#:W12085094
6 beds
6 baths
3500-5000 sqft
9.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,649,900 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.

  • 6 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 84.02 x 149.74 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

**Ravine Lot** Welcome to your next cozy retreat in Credit Mills, one of Mississauga's nicest neighborhoods. This spacious home offers 4,775 sq ft plus a finished basement, and it sits on a lovely ravine lot that gives you that extra sense of privacy and calm. With five comfortable bedrooms and six bathrooms, there's plenty of space for everyone. Inside, you'll find an inviting atmosphere with a sunken living room and family room, both featuring high ceilings and charming details like a gas fireplace and a wood fireplace. The kitchen is a great spot for anyone who loves to cook, equipped with granite countertops, a nice dining area, a walk-in pantry, and lots of storage. It leads into the classy dining room, perfect for gatherings with family and friends. Need a quiet workspace? The main floor office offers a peaceful view of the outdoors. Upstairs, there is new vinyl flooring (2024) leading to the master suite, which overlooks the ravine. It comes with a 5-piece ensuite and a spacious walk-in closet. Two additional bedrooms even have their own ensuites, which is great for guests or kids. The finished basement gives you even more living space, with a large recreation area, a kitchenette with sink, countertop and cabinets, a cozy gas fireplace, a home gym, and plenty of storage options. Step outside to enjoy your private backyard, surrounded by Canadian and Spanish pine trees for added privacy. Inground sprinklers in the front and back yard to keep the yard looking great. The large deck offers beautiful views of the ravine, making it a great spot for relaxing or entertaining. The three-car garage has new doors, and the interlock driveway has recently been resealed. Plus, a new roof in 2024 means you won't have to worry for years to come. Well located near Central Erin Mills close by top ranked schools John Fraser, Gonzaga, University of Toronto Mississauga, Also nearby to the Credit Valley Hospital, highways 403, 401, and 407 and Streetsville GO.

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Property Summary

This detached home located at 5179 Elmridge Drive, Mississauga is currently for sale and has been available on SousaSells for 458 days. This property is listed at $2,649,900 with an estimated mortgage of $8,821* per month. It has 6 beds, 6 bathrooms, and is 3500-5000 square feet. 5179 Elmridge Drive, Mississauga is in the Central Erin Mills neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 26, 2025
Sold price information is available to members only
Listed Date4/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size84.02 × 149.74 Feet
CountyPeel
Annual Tax$14,928
Legal DescriptionPCL 7-1, SEC 43M857 ; LT 7, PL 43M857 ; T/W PT LT 2, RCP1003, PT 20, 43R10557 AS IN RO551159; S/T RIGHT AS IN LT1343493, LT1399563 ; S/T LT1050501,LT1053820 MISSISSAUGA

Parking & Garage

Parking Spaces9.0
Garage Spaces6
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

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Location

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5179 Elmridge Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5179 Elmridge Drive, Mississauga, ON L5M 5A4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$794,970 (30.0%)
* Minimum Canadian down payment required for this price is $529,980.
Amortization Period30 Years
Estimated Monthly Payment$8,821Based on a loan of $1,854,930 over 30 years.
Purchase Price$2,649,900
Loan Amount$1,854,930
Provincial Land Transfer Tax:$52,723
Total Estimated Closing Taxes:$52,723

About Purchasing a Home in Mississauga, ON

For a property listed at $2,649,900 in Mississauga, the legal minimum down payment is $529,980 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 $52,723 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 $52,723.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Erin Mills, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,015,129

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

St Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8
St Rose of Lima
Public4590 The Gallops, Central Erin Mills, Mississauga, Ontario, L5M 3A9
9.7
Divine Mercy
Public2840 Duncairn Drive, Central Erin Mills, Mississauga, Ontario, L5M 5C6
6.6
St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3

Secondary Schools

Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
St. Aloysius Gonzaga
Catholic2800 Erin Centre Boulevard, Central Erin Mills, Mississauga, Ontario, L5M 6R5
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.