5240 Elmridge Dr
Central Erin Mills, Mississauga, Ontario L5M 5A4
- Bedrooms
- 4+1
- Bathrooms
- 6
- Size
- 3,500–5,000sq ft
- Per sq ft
- $635at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $14,2782025 tax year
- Built
- 31-50
- Parking
- 123 built-in
- Days on market
- Members
The brief
About 5240 Elmridge Dr
5240 Elmridge Dr is a 4+1-bedroom, 6-bathroom detached house in Central Erin Mills, Mississauga, listed for sale at an asking price of $2,699,999 (MLS® W13680412).
Absolutely stunning executive estate in prestigious Credit Mills, set on a premium 73.5' x 168' lot with over 6,000 sq.ft of finished living space and more than $300,000 in high-quality 2017 renovations. Designed for luxurious family living and elegant entertaining, this home showcases timeless craftsmanship, refined finishes, and thoughtful custom details throughout.The chef-inspired kitchen features premium Kitchen-Aid appliances, elegant finishes, and excellent functionality. A dramatic two-storey foyer with motorized crystal chandeliers creates a memorable first impression, while the open ceiling hallway captures beautiful backyard views. A private main-floor office with custom built-in shelves offers an ideal work-from-home space.All four bathrooms have been beautifully renovated with high-end finishes. The luxurious primary suite includes a spa-inspired ensuite and generous walk-in closet, while spacious secondary bedrooms offer convenient Jack-and-Jill access. Custom storage throughout the upper level and basement adds everyday practicality.The professionally finished basement is perfect for entertaining, with gas and electric fireplaces, an elegant wet bar, abundant storage, and versatile living areas. Outside, a resort-style backyard oasis features professional landscaping, extensive interlocking over a concrete base, a remote-controlled pergola with integrated lighting and automated privacy curtains, landscape lighting, and Wi-Fi-controlled sprinkler/irrigation.Additional highlights include extensive crown moulding, premium finishes, a 24/7 security system with eight cameras, a multi-zone alarm, parking for up to 12 vehicles, and an oversized three-car garage. Located in the sought-after John Fraser Secondary School catchment, minutes from top schools, Credit Valley Hospital, Erin Mills Town Centre, parks, and major highways, this exceptional residence offers luxury, comfort, and timeless elegance in one of Mississauga's most desirable neighbourhoods.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$8,008/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 38 detached homes with 5 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $14,278 / 2025
- MLS® number
- W13680412
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 77.39 x 168.83 ft
- Listed on
- Parking
- 3 Built-In, 12 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Central Erin Mills
- Municipality
- Mississauga
Building
- Size
- 3500-5000 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 6
- Bathroom Details
- 1 × 2pc Main, 2 × 5pc 2nd, 1 × 4pc 2nd, 1 × 4pc Bsmt, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Built-In
- Garage
- 3
- Additional Parking
- 9
- Total Parking
- 12
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 77.39 ft
- Depth
- 168.83 ft
- Lot Size
- 77.39 x 168.83 ft
Additional
- Foundation
- Concrete, Concrete Block
- Roof
- Slate
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Kitchen-Aid Fridge, Gas Stove, Micro-wave, Range-Hod, B/I Dishwasher(new 2026), Washer & Dryer(Samsung), Motorized Chandelier, Garage Doors opener, Water Heater, All Elf's,Window Coverings, Security System, Irrigation & Sprinkler System, Mounted Tv In Master Bedroom, Billiard Table.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.53 × 4.47 m | hardwood floor, Window, Crown Moulding | Main |
| Dining | 4.34 × 5.16 m | hardwood floor, Window, Crown Moulding | Main |
| Family | 3.78 × 5.44 m | hardwood floor, Fireplace, O/Looks Backyard | Main |
| Kitchen | 6.92 × 5.2 m | Granite Counter, Breakfast Area, O/Looks Backyard | Main |
| Office | 3.23 × 4.32 m | hardwood floor, Crown Moulding | Main |
| Primary | 5.44 × 6.32 m | hardwood floor, 5 Pc Ensuite, W/I Closet | 2nd |
| 2nd Br | 5.31 × 5.92 m | hardwood floor, 4 Pc Ensuite, Closet | 2nd |
| 3rd Br | 3.89 × 5.6 m | hardwood floor, 3 Pc Ensuite, Closet | 2nd |
| 4th Br | 3.53 × 4.98 m | hardwood floor, Window, Closet | 2nd |
| 5th Br | 3.45 × 7.33 m | hardwood floor, 3 Pc Ensuite, Heated Floor | Bsmt |
| Games | 5.44 × 7.06 m | hardwood floor, 4 Pc Bath, Fireplace | Bsmt |
| Media/Ent | 4.6 × 5.54 m | hardwood floor, Wet Bar, Pot Lights | Bsmt |
Listing history
Buy/sell history for 5240 Elmridge 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 | $2,699,999 | N/A | Pc | W13680412 |
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
- $540,000
- Total mortgage amount
- $2,159,999
- Total interest payment
- $1,535,401
- Total purchase cost
- $4,235,400
- Mortgage payment
- $12,318/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
72%Monthly carrying cost
$13,508- Rent $5,500
- Shortfall $8,008
Rental income opens at $5,500, the median asking rent of 38 comparable homes for lease in Mississauga. 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
- $53,975
- Total land transfer tax
- $53,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $49,975
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,699,999
- $17,500
- Ontario total
- $53,975
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
Lot
- Lot area
- 13,066 sq ft1,214 m²
- Street frontage
- 77.39 ft23.6 m
- Depth
- 168.83 ft51.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
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 m2 test or monitoring holes 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 home2
- Nearest rail line: 590 m590 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
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ardent Mills ULC — Streetsville, 880 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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
Detached homes for sale in Central Erin Mills right now
- For sale now
- 35
- Median asking price
- $1.8M
- New in 7 days
- 7
- Price cuts
- 29%
Middle half: $1.37M to $2.49M
14 in 28 days
10 listings
This home is asking 50% 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
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Streetsville GO | GO Transit train: Milton | 700 m |
| Erin Mills Station | MiWay bus rapid transit: Transitway | 2 km |
| Erindale GO | GO Transit train: Milton | 3.1 km |
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 3.1 km |
| Meadowvale GO | GO Transit train: Milton | 5 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 Rose of Lima Separate SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.1 km | 96%Grade 6 average |
| St Joseph Separate SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.3 km | 80%Grade 6 average |
| Middlebury Public SchoolPeel DSB | Public · grades JK–6 | 1.4 km | 72%Grade 3 average |
| ÉÉC MississaugaConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.3 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Fraser Secondary SchoolPeel DSB | Public · grades 9–12 | 1.3 km | 82%Grade 9 math |
| Streetsville Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 1.5 km | 65%Grade 9 math |
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.7 km | 68%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 6 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.