3-3425 Ridgeway Dr
Erin Mills, Mississauga, Ontario L5L 0B9
- Bedrooms
- 2
- Bathrooms
- 3
- Size
- 900–999sq ft
- Per sq ft
- $652at the range’s middle
- Tax a year
- $3,8562025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 3-3425 Ridgeway Dr
3-3425 Ridgeway Dr is a 2-bedroom, 3-bathroom condo townhouse in Erin Mills, Mississauga, listed for sale at an asking price of $619,000 (MLS® W13763268).
Welcome to modern living in the heart of Erin Mills! This bright 2-bed, 3-bath stacked townhome in The Way offers 917 sq.ft. across beautifully finished levels, plus 1 owned underground parking spot and a private locker.The open-concept main floor shines with wide-plank laminate flooring, a walk-out to your own outdoor space, and a chef-inspired kitchen boasting quartz counters, white cabinetry, and stainless steel appliances. A convenient 2-pc powder bath completes this level.Upstairs, the spacious primary bedroom features a private ensuite, alongside a second generous bedroom, main bath, and dedicated laundry closet for effortless everyday living.Set within a striking brick, siding, and stucco building with professionally landscaped grounds and rooftop terraces, this vibrant Erin Mills community sits right at The Collegeway & Ridgeway Drive-steps to Highways 403/407, Erindale GO, UTM, Erin Mills Town Centre, Credit Valley Hospital, Costco, parks, schools, and more!Forced-air gas heat, central air, and low-maintenance condo living (fees include heat, CAC, common elements, building insurance & parking) make this the perfect fit for first-time buyers, downsizers, or investors alike.Move-in ready and made for modern life-welcome home!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall42/100−$652/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 8 condos with 2 bedrooms for lease in 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
- $3,856 / 2025
- MLS® number
- W13763268
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Erin Mills
- Municipality
- Mississauga
Building
- Size
- 900-999 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 2
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Ground, 1 × 3pc 2nd, 1 × 4pc 2nd
- 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
- Extras
- Appliances
- Condo maint.
- $382
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.02 × 4.05 m | — | Main |
| Primary | 2.84 × 4.94 m | — | 2nd |
| 2nd Br | 2.59 × 3.66 m | — | 2nd |
| Living | 3.51 × 4.05 m | — | Main |
| Bathroom | 1.04 × 2.13 m | — | Main |
| Bathroom | 1.4 × 2.47 m | 4 Pc Ensuite | 2nd |
| Bathroom | 1.37 × 2.47 m | — | 2nd |
Listing history
Buy/sell history for 3-3425 Ridgeway Dr, 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 | $619,000 | N/A | For Sale | W13763268 |
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
- $123,800
- Total mortgage amount
- $495,200
- Total interest payment
- $352,000
- Total purchase cost
- $971,000
- Mortgage payment
- $2,824/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$3,527- Rent $2,875
- Shortfall $652
Rental income opens at $2,875, the median asking rent of 8 comparable homes for lease in 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
- $8,855
- Total land transfer tax
- $8,855
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,855
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 $619,000
- $4,380
- Ontario total
- $8,855
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 land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Genpak, Division of Great Pacific Enterprises LP — GENPAK MISSISSAUGA, 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Cogeco Connexion. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom, SkyChoice Communications, Standard Broadband. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Condos for sale in Erin Mills right now
- For sale now
- 36
- Median asking price
- $700K
- New in 7 days
- 2
- Price cuts
- 17%
Middle half: $620K to $846K
16 in 28 days
6 listings
This home is asking 12% below the median, lower than three quarters of them.
See all homes in 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
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 2.1 km |
| Erin Mills Station | MiWay bus rapid transit: Transitway | 3.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, downloaded October 18, 2026. 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 |
|---|---|---|---|
| Christ The King Catholic SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 850 m | 62%Grade 6 average |
| All Saints Catholic SchoolDufferin-Peel CDSB | Catholic · grades JK–8 · French Immersion | 1 km | 77%Grade 6 average |
| Garthwood Park Public SchoolPeel DSB | Public · grades JK–6 | 1 km | 39%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 |
|---|---|---|---|
| Loyola Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 · French Immersion | 650 m | 58%Grade 9 math |
| Erindale Secondary SchoolPeel DSB | Public · grades 9–12 | 3.6 km | 59%Grade 9 math |
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 3.7 km | 68%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 6.6 km | 85%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
Similar Active Listings
Recently sold nearby
Sold prices in Erin Mills are shown to signed-in members.