1507-4900 Glen Erin Dr
Central Erin Mills, Mississauga, Ontario L5M 7S2
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700–799sq ft
- Per sq ft
- $614at the range’s middle
- Tax a year
- $3,2362025 tax year
- Built
- 11-15
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1507-4900 Glen Erin Dr
1507-4900 Glen Erin Dr is a 2-bedroom, 1-bathroom condo in Central Erin Mills, Mississauga, listed for sale at an asking price of $459,900 (MLS® W13699284).
Location Location Location - Convenience. Lifestyle - all at 4900 Glen Erin Drive. An excellent opportunity for first-time buyers, downsizers, professionals or investors looking for a property in one of Mississauga's most convenient and desirable communities. Enjoy the benefits of condo living in a well-established community surrounded by everyday amenities. Erin Mills Town Centre, grocery stores, restaurants, parks, schools, public transit and major services are all conveniently nearby. Commuters will appreciate easy access to major roadways and highways, walking distance to community center, trails and green spaces provide plenty of opportunities to enjoy the outdoors. Welcome to Unit 1507 at 4900 Glen Erin Drive, ideally situated in the highly sought-after Central Erin Mills community! This bright and inviting 2-bedroom, 1-bathroom condo offers a practical layout with comfortable living space.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even55/100−$167/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
- $3,236 / 2025
- MLS® number
- W13699284
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 11-15
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Central Erin Mills
- Municipality
- Mississauga
Building
- Size
- 700-799 sqft
- Building Age
- 11-15
- Construction
- Brick Front
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc Flat
- 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
- Fridge, Stove, Microwave, Washer, Dryer, All Electric Light Fixtures, Existing Window Coverings
- Condo maint.
- $698
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.48 × 5.18 m | — | Flat |
| Dining | 3.48 × 5.18 m | — | Flat |
| Kitchen | 2.52 × 2.71 m | — | Flat |
| Great Rm | 3.17 × 3.66 m | — | Flat |
| 2nd Br | 2.54 × 3.28 m | — | Flat |
| Laundry | 0.0 × 0.0 m | — | Flat |
| Bathroom | 0.0 × 0.0 m | — | Flat |
Listing history
Buy/sell history for 1507-4900 Glen Erin 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 | $459,900 | N/A | For Sale | W13699284 |
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
- $91,980
- Total mortgage amount
- $367,920
- Total interest payment
- $261,780
- Total purchase cost
- $721,680
- Mortgage payment
- $2,099/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
26%Monthly carrying cost
$3,067- Rent $2,900
- Shortfall $167
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
- $5,673
- Total land transfer tax
- $5,673
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,673
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 $459,900
- $1,198
- Ontario total
- $5,673
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 7% below the median.
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 | 1.2 km |
| Streetsville GO | GO Transit train: Milton | 2.5 km |
| Erindale GO | GO Transit train: Milton | 3.8 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 | 450 m | 88%Grade 3 average |
| Divine Mercy SchoolDufferin-Peel CDSB | Catholic · grades JK–8 · French Immersion | 1.2 km | 81%Grade 6 average |
| ÉÉC MississaugaConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.5 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 550 m | 68%Grade 9 math |
| John Fraser Secondary SchoolPeel DSB | Public · grades 9–12 | 850 m | 82%Grade 9 math |
| Applewood Acres Secondary SchoolPeel DSB | Public · grades 9–12 | 2.6 km | — |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.4 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
Similar Active Listings
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Sold prices in Central Erin Mills are shown to signed-in members.