45-5525 Palmerston Cres
Central Erin Mills, Mississauga, Ontario L5M 6C7
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $608at the range’s middle
- Tax a year
- $4,6832025 tax year
- Parking
- 21 attached
- Days on market
- Members
The brief
About 45-5525 Palmerston Cres
45-5525 Palmerston Cres is a 3-bedroom, 3-bathroom condo townhouse in Central Erin Mills, Mississauga, listed for sale at an asking price of $789,900 (MLS® W14128138).
Welcome To This Beautiful Townhouse In A Prime Mississauga Location! Featuring A Bright &Spacious Open-Concept Layout With Hardwood & Ceramic Flooring Throughout The Main & SecondFloors. The Inviting Living & Dining Area Is Enhanced With Pot Lights, While The Modern KitchenFeatures Stainless Steel Appliances & A Convenient Eat-In Area. The Primary Bedroom Offers AWalk-In Closet & Private 4-Piece Ensuite. Main Floor Powder Room & A Fully Finished BasementProvide Additional Comfort & Living Space. Ideally Located Close To Shopping, Schools, Parks,Transit, Major Highways & Everyday Amenities. A Wonderful Opportunity In A Highly DesirableMississauga Community! Close proximity to Top Ranked Schools. Walking distance to streetsvilleand is in the beautiful credit mills community. Furnace 2022, AC 2022
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall32/100−$1,267/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 14 homes with 3 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
- $4,683 / 2025
- MLS® number
- W14128138
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Central Erin Mills
- Municipality
- Mississauga
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 2 × 4pc 2nd, 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
- Asphalt Shingle
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Existing ELFS and Appliances and window coverings
- Condo maint.
- $498
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.36 × 4.26 m | hardwood floor, Combined W/Dining, Pot Lights | Ground |
| Dining | 1.89 × 2.52 m | hardwood floor, Combined W/Living, Open Concept | Ground |
| Kitchen | 3.05 × 5.23 m | Ceramic Floor, Eat-In Kitchen, W/O To Patio | Ground |
| Primary | 3.61 × 5.31 m | Halogen Lighting, 4 Pc Ensuite, W/I Closet | 2nd |
| 2nd Br | 2.41 × 3.2 m | hardwood floor, Closet, Window | 2nd |
| 3rd Br | 2.76 × 3.83 m | hardwood floor, Closet, Window | 2nd |
| Rec | 5.11 × 5.29 m | Laminate, Pot Lights, Open Concept | Bsmt |
Listing history
Buy/sell history for 45-5525 Palmerston Cres, 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 | $789,900 | N/A | For Sale | W14128138 |
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
- $157,980
- Total mortgage amount
- $631,920
- Total interest payment
- $449,280
- Total purchase cost
- $1,239,180
- Mortgage payment
- $3,604/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
48%Monthly carrying cost
$4,492- Rent $3,225
- Shortfall $1,267
Rental income opens at $3,225, the median asking rent of 14 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
- $12,273
- Total land transfer tax
- $12,273
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $8,273
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 $789,900
- $7,798
- Ontario total
- $12,273
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
- 34
- Median asking price
- $800K
- New in 7 days
- 2
- Price cuts
- 35%
Middle half: $755K to $863K
15 in 28 days
12 listings
This home is asking 1% 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 |
|---|---|---|
| Streetsville GO | GO Transit train: Milton | 900 m |
| Erin Mills Station | MiWay bus rapid transit: Transitway | 2.5 km |
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 3.2 km |
| Erindale GO | GO Transit train: Milton | 4 km |
| Meadowvale GO | GO Transit train: Milton | 4.2 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 |
|---|---|---|---|
| Middlebury Public SchoolPeel DSB | Public · grades JK–6 | 700 m | 72%Grade 3 average |
| Vista Heights Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 850 m | 82%Grade 3 average |
| Our Lady of Mercy Elementary SchoolDufferin-Peel CDSB | Catholic · grades JK–8 · French Immersion | 1.3 km | 84%Grade 6 average |
| ÉÉC MississaugaConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.1 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Streetsville Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 1 km | 65%Grade 9 math |
| John Fraser Secondary SchoolPeel DSB | Public · grades 9–12 | 1.2 km | 82%Grade 9 math |
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.6 km | 68%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 5.5 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.