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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14086488For SaleCondo Townhouse

41-3460 SOUTH MILLWAY

Erin Mills, Mississauga, Ontario L5L 3L9

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41-3460 SOUTH MILLWAY, Mississauga, photo 1
Asking$674,900
Bedrooms
3
Bathrooms
2
Size
1,200–1,399sq ft
Per sq ft
$519at the range’s middle
Tax a year
$3,9602026 tax year
Parking
2other
Days on market
Members

The brief

About 41-3460 SOUTH MILLWAY

41-3460 SOUTH MILLWAY is a 3-bedroom, 2-bathroom condo townhouse in Erin Mills, Mississauga, listed for sale at an asking price of $674,900 (MLS® W14086488).

Bright, well maintained 3-bedroom condo town located in one of Mississauga's desirable and quiet communities. Unit conveniently situated within the complex for more privacy and feels like a semi. Steps to public transit, minutes to UTM, and easy access to QEW/403. Close to top rated elementary/secondary schools, parks, shopping, nature trails, and Credit Valley Hospital. Move-in ready and freshly painted with several updates, including new broadloom for cushioned comfort in primary bedroom, featuring spacious his/her closets and updated kitchen cabinet fronts. Open concept main floor with a spacious separate sit-in kitchen and window to enjoy morning coffees. Low maintenance, condo town lifestyle featuring exclusive 2 parking, just steps to unit without the hassle of single-file, tandem parking. Partially finished basement featuring a generous recreation area, ensuite washer/dryer, and plenty of storage. Charming, private backyard featuring cedar planters and an established herb garden, with easy access to common green space. Income potential, a great starter or perfect for the empty nester in a sought-after, prime location!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$589/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 12 homes with 3 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
$3,960 / 2026
MLS® number
W14086488
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
1200-1399 sqft
Listed on
Parking
Other, 2 Parking
Listing brokerage: SUTTON GROUP - SUMMIT REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
2-Storey
Community
Erin Mills
Municipality
Mississauga

Building

Size
1200-1399 sqft
Construction
Alum Siding

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 3pc 2nd, 1 × 2pc Lower
Basement Type
Partly Finished
Kitchens
1

Parking

Garage Type
Other
Additional Parking
2
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
FRIDGE, STOVE, WASHER, DRYER, FUIRNISHINGS
Condo maint.
$479

Rooms

RoomSizeFeaturesLevel
Living3.71 × 5.4 mCombined W/Dining, Parquet Floor, W/O To YardLower
Dining2.69 × 4.26 mCombined W/Living, Parquet FloorLower
Kitchen2.79 × 4.15 mEat-In Kitchen, Granite Counter, BacksplashLower
Primary3.27 × 4.69 mBroadloom, His/Hers Closets, WindowUpper
2nd Br2.93 × 4.85 mhardwood floor, Closet, WindowUpper
3rd Br2.41 × 3.07 mhardwood floor, Closet, WindowUpper
Laundry3.08 × 2.5 m—Lower

Listing history

Buy/sell history for 41-3460 SOUTH MILLWAY, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$674,900N/AFor SaleW14086488

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $134,980

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
$134,980
Total mortgage amount
$539,920
Total interest payment
$384,080
Total purchase cost
$1,058,980
Mortgage payment
$3,080/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

35%

Monthly carrying cost

$3,889
−$589per month
  • Rent $3,300
  • Shortfall $589

Rental income opens at $3,300, the median asking rent of 12 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
$9,973
Total land transfer tax
$9,973
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$5,973
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 $674,900
$5,498
Ontario total
$9,973

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.

12 records · 4 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Credit Valley Conservation’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

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 UNIFIRST CANADA LTD. UNIFIRST CANADA LTEE — Unifirst Mississauga 740, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about 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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: QuaenetFi, Rogers, Routcom, SkyChoice Communications. 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

Middle half: $620K to $846K

New in 7 days
2

16 in 28 days

Price cuts
17%

6 listings

This home is asking 4% below the median.

See all homes in Erin Mills

Asking 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

StationLinesDistance
Erin Mills StationMiWay bus rapid transit: Transitway1.9 km
Erindale GOGO Transit train: Milton2.5 km
Winston Churchill StationMiWay bus rapid transit: Transitway2.7 km
Streetsville GOGO Transit train: Milton4.1 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

ElementaryTypeDistanceEQAO average 2024–25
St Mark Separate SchoolDufferin-Peel CDSBCatholic · grades JK–8650 m83%Grade 6 average
Sawmill Valley Public SchoolPeel DSBPublic · grades JK–6750 m84%Grade 3 average
Brookmede Public SchoolPeel DSBPublic · grades JK–6900 m59%Grade 3 average
ÉÉC Saint-Jean-BaptisteConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81 km76%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Erindale Secondary SchoolPeel DSBPublic · grades 9–121.2 km59%Grade 9 math
The Woodlands Secondary SchoolPeel DSBPublic · grades 9–123.1 km74%Grade 9 math
St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–123.4 km68%Grade 9 math
École secondaire Gaétan GervaisConseil scolaire ViamondeFrench-language public · grades 9–129.2 km85%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.

Email Kassaundra Dobson, Broker of Record