203-4889 Kimbermount Ave
Central Erin Mills, Mississauga, Ontario L5M 7R9
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $706at the range’s middle
- Tax a year
- $3,2672025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 203-4889 Kimbermount Ave
203-4889 Kimbermount Ave is a 2-bedroom, 2-bathroom condo in Central Erin Mills, Mississauga, listed for sale at an asking price of $599,999 (MLS® W13745318).
Welcome to Papillon Place-one of Central Erin Mills' most coveted addresses. This expansive, 2-bedroom, 2-bathroom corner suite delivers an abundance of natural light and a functional layout designed for modern living.Completely turnkey and meticulously upgraded, this home features seamless, carpet-free luxury vinyl flooring throughout, custom window blinds, and a custom-designed primary walk-in closet with upgraded storage shelving. Embrace effortless living.The Perks: Enjoy ultimate budget predictability with all utilities included in the maintenance fee. The unit comes complete with 1 underground parking space and an oversized locker.Building Amenities: Indulge in resort-style amenities featuring an indoor heated pool with a jacuzzi, sauna, newly upgraded fitness centre, party room, billiards lounge, and an outdoor terrace with a BBQ area. The building is also fully EV-charging enabled.Unbeatable Location: Situated in a prestigious, family-friendly neighborhood within top-ranked school districts (John Fraser, Gonzaga, and Credit Valley). Moments away from Credit Valley Hospital, Erin Mills Town Centre, major highways, public transit, and the GO station. A rare blend of space, style, and convenience-schedule your tour today!
Insights
Condition Score
Good81/1003 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall35/100−$960/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 17 condos with 2 bedrooms for lease in Central Erin Mills right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,267 / 2025
- MLS® number
- W13745318
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Multi-Level
- Community
- Central Erin Mills
- Municipality
- Mississauga
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $850
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.04 × 6.39 m | Combined W/Dining, Large Window | Main |
| Dining | 3.04 × 6.39 m | Combined W/Living, Large Window | Main |
| Kitchen | 2.16 × 2.43 m | Combined W/Br, Stainless Steel Appl | Main |
| Breakfast | 1.83 × 2.77 m | Combined W/Kitchen, W/O To Balcony | Main |
| Primary | 3.35 × 3.38 m | Large Window, 4 Pc Ensuite | Main |
| 2nd Br | 2.44 × 3.08 m | Laminate, Large Window | Main |
Listing history
Buy/sell history for 203-4889 Kimbermount Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $599,999 | N/A | For Sale | W13745318 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $120,000
- Total mortgage amount
- $479,999
- Total interest payment
- $341,401
- Total purchase cost
- $941,400
- Mortgage payment
- $2,738/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
48%Monthly carrying cost
$3,860- Rent $2,900
- Shortfall $960
Rental income opens at $2,900, the median asking rent of 17 comparable homes for lease in Central Erin Mills. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,475
- Total land transfer tax
- $8,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $599,999
- $4,000
- Ontario total
- $8,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Central Erin Mills right now
- For sale now
- 70
- Median asking price
- $494K
- New in 7 days
- 9
- Price cuts
- 24%
Middle half: $423K to $587K
30 in 28 days
17 listings
This home is asking 21% above the median, higher than three quarters of them.
See all homes in Central Erin MillsAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Erin Mills Station | MiWay bus rapid transit: Transitway | 1 km |
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 1.1 km |
| Streetsville GO | GO Transit train: Milton | 2.6 km |
| Erindale GO | GO Transit train: Milton | 4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Oscar Romero SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 300 m | — |
| Credit Valley Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 550 m | 88%Grade 3 average |
| Artesian Drive Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 1.1 km | 61%Grade 3 average |
| ÉÉC MississaugaConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.4 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 600 m | 68%Grade 9 math |
| John Fraser Secondary SchoolPeel DSB | Public · grades 9–12 | 950 m | 82%Grade 9 math |
| Applewood Acres Secondary SchoolPeel DSB | Public · grades 9–12 | 2.5 km | — |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.5 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Central Erin Mills are shown to signed-in members.