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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13792694For SaleCondo Townhouse

38-5031 East Mill Rd

East Credit, Mississauga, Ontario L5V 2M5

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38-5031 East Mill Rd, Mississauga, photo 1
Asking$649,900
Bedrooms
2+1
Bathrooms
3
Size
1,200–1,399sq ft
Per sq ft
$500at the range’s middle
Tax a year
$4,4152025 tax year
Built
16-30
Parking
21 attached
Days on market
Members

The brief

About 38-5031 East Mill Rd

38-5031 East Mill Rd is a 2+1-bedroom, 3-bathroom condo townhouse in East Credit, Mississauga, listed for sale at an asking price of $649,900 (MLS® W13792694).

LOCATION, LOCATION, LOCATION! An unbelievable price for a stunning end unit 2+1 bed, 3 bath townhome in the most desirable, central location in Mississauga.This beautiful home features two extremely large upstairs bedrooms, each with its own full bathroom. The primary includes double sinks, separate shower, walk-in closets, and trendy closet organizers. The moment you walk in, the "wow" factor hits you with the gorgeous family room and its grand ceiling height, letting tons of natural light flood the main floor and upper levels from the kitchen and dining areas. If you love open concept living, this is it! The updated kitchen has everything on your wish list while overlooking both the dining room and the backyard. BBQ'g is a breeze with direct backyard access from the kitchen onto the patio (gas line), or from the lower level where you can kick back and enjoy the outdoor space. For extra convenience, there's a main floor powder room so guests don't need to use your private upstairs bathrooms. Downstairs, you'll find a warm, cozy room that's perfectly suited for an office, a den or maybe an extra bedroom. There are full size laundry machines located downstairs, Plus, you have direct access to the garage from inside the house which also leads right out to the backyard which is super handy when you're moving patio furniture in and out! Sure, the condo fees are on the higher side, but you truly get what you pay for: a luxurious, safe, quiet, family oriented complex that is exceptionally well-managed. Perfect for First time home buyers, downsizers, upsizers, you name it, this will work at this amazing price! Check it out before prices start increasing. Walk to Mosque, Church, Adonis grocery, coffee, shops, restaurants, transit and a very quick commute anywhere being close to all major hwys.

Insights

  • Condition Score

    Good

    1 documented update signal

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

  • Cashflow Quality

    Shortfall

    −$981/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 18 homes with 3 bedrooms for lease in East Credit 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
$4,415 / 2025
MLS® number
W13792694
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
16-30
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Attached, 2 Parking
Listing brokerage: Royal LePage Real Estate AssociatesData 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
3-Storey
Community
East Credit
Municipality
Mississauga

Building

Size
1200-1399 sqft
Building Age
16-30
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
3
Bathroom Details
1 × 5pc 3rd, 1 × 4pc 3rd, 1 × 2pc Main
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Concrete
Roof
Shingles
Fireplace
Yes
Den
Yes
Family room
Yes
Extras
Fridge, stove, dishwasher, washer, dryer, all light fixtures, all window coverings, central vac, auto garage door, bbq gas line.
Condo maint.
$948

Rooms

RoomSizeFeaturesLevel
Living3.45 × 3.94 mhardwood floor, Vaulted Ceiling, Large WindowMain
Dining3.25 × 3.45 mhardwood floor, O/Looks Living, Open ConceptUpper
Kitchen3.25 × 3.94 mEat-In Kitchen, W/O To Balcony, O/Looks BackyardUpper
Primary3.25 × 4.6 m5 Pc Ensuite, W/I Closet, Closet Organizers3rd
2nd Br3.3 × 3.35 m4 Pc Ensuite, Closet Organizers, hardwood floor3rd
Family3.45 × 3.94 mGas FireplaceLower

Listing history

Buy/sell history for 38-5031 East Mill Rd, 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$649,900N/AFor SaleW13792694

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $129,980

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
$129,980
Total mortgage amount
$519,920
Total interest payment
$369,580
Total purchase cost
$1,019,480
Mortgage payment
$2,965/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

46%

Monthly carrying cost

$4,281
−$981per month
  • Rent $3,300
  • Shortfall $981

Rental income opens at $3,300, the median asking rent of 18 comparable homes for lease in East Credit. 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
$9,473
Total land transfer tax
$9,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$5,473
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 $649,900
$4,998
Ontario total
$9,473

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.

16 records · 9 on fileRead 2026-10-31
250 m500 m1 km2 kmBeyond · area-wideNot in Credit Valley Conservation’s mapped regulated areaNo mapped wetland within 120 m3 water-supply wells recorded within 250 mGroundwater recorded about 5.5 m below ground nearbyBedrock about 14 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 9.5 kmNearest rail line: 870 mA 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 70 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation5

  • Not in Credit Valley Conservation’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • 3 water-supply wells recorded within 250 mAll were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 17.9 m.250 m
  • Groundwater recorded about 5.5 m below ground nearbyThe middle water level in the well records within 500 m (11 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 14 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Credit Valley Conservation · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 9.5 km9.5 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 870 m870 m
  • 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 ADM Agri-Industries Company — ADM AGRI-INDUSTRIES - ADM Milling Co. - Mississauga, 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 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, 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 East Credit right now

For sale now
12
Median asking price
$772K

Middle half: $744K to $802K

New in 7 days
0

2 in 28 days

Price cuts
25%

3 listings

This home is asking 16% below the median, lower than three quarters of them.

See all homes in East Credit

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
Erindale GOGO Transit train: Milton2 km
Streetsville GOGO Transit train: Milton2.2 km
Mississauga City Centre Transit TerminalBrampton Transit bus rapid transit: Züm Main3.2 km
Erin Mills StationMiWay bus rapid transit: Transitway3.6 km
Hurontario St at Eglinton AveBrampton Transit bus rapid transit: Züm Main3.6 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; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), 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. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Sherwood Mills Public SchoolPeel DSBPublic · grades JK–6200 m74%Grade 3 average
St Herbert SchoolDufferin-Peel CDSBCatholic · grades JK–8450 m72%Grade 6 average
Fallingbrook Middle SchoolPeel DSBPublic · grades JK–8550 m64%Grade 6 average
ÉÉC Saint-Jean-BaptisteConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–84.5 km76%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Rick Hansen Secondary SchoolPeel DSBPublic · grades 9–12800 m50%Grade 9 math
St Joseph Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–121.6 km76%Grade 9 math
Streetsville Secondary SchoolPeel DSBPublic · grades 9–12 · French Immersion3 km65%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.4 km67%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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