For SaleCondo Apt · ApartmentMLS® #W14170348 · TRREB MLS®
408-4640 Kimbermount Ave, Mississauga, Ontario
Central Erin Mills, Mississauga, Ontario L5M 5W6
- Bedrooms
- 1
- Bathrooms
- 1
- Type
- Condo Apt
- Basement
- None
$349,000
Estimated market value
About 408-4640 Kimbermount Ave
408-4640 Kimbermount Ave is a 1-bedroom, 1-bathroom condo in Central Erin Mills, Mississauga, listed for sale at an asking price of $349,000 (MLS® W14170348).
Welcome to Terraces at Erin Mills, a sought-after adult lifestyle condominium community offering comfort, convenience and easy, independent living! This bright, beautifully maintained one-bedroom suite features an inviting open-concept layout, attractive modern flooring with no carpeting throughout, and a spacious private balcony, perfect for enjoying your morning coffee or relaxing outdoors. The thoughtfully designed living and dining area offers a comfortable space for everyday living and entertaining. Situated in an intimate 8-storey, 64-suite building, residents enjoy fantastic amenities including an indoor pool, party and social room, guest suites, visitor parking and a full-time live-in superintendent. Connected to Amica Erin Mills, the community offers access to optional dining and wellness services for added convenience. Maintenance fees include heat, water, air conditioning, cable TV and high-speed internet. Underground parking and a storage locker add even more value. Ideally located just steps from Erin Mills Town Centre, Credit Valley Hospital, restaurants, grocery stores and public transit. An exceptional opportunity to enjoy a low-maintenance lifestyle in a welcoming, well-established community! Age-restricted residence: 65+ mandated, with residents aged 55+ permitted subject to board approval.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$319/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 condos with 1 bedroom 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.
Key facts
- Tax
- $2,013 / 2026
- MLS® number
- W14170348
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- None, 1 Parking
Listing history
Buy/sell history for 408-4640 Kimbermount Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $349,000 | — | For Sale | W14170348 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Central Erin Mills
- Municipality
- Mississauga
Building
- Size
- 500-599 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Built In Dishwasher, Microwave, Washer And Dryer, All Window Coverings, Elf's, Wifi and cable TV.
- Condo maint.
- $708
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 3.34 × 3.95 m | Open Concept, Combined W/Living | Main |
| Living | 3.34 × 3.95 m | W/O To Balcony, Combined W/Dining | Main |
| Primary | 2.89 × 3.65 m | W/I Closet, Window | Main |
Map and tour
Condos for sale in Central Erin Mills right now
- For sale now
- 67
- Median asking price
- $480K
Middle half: $405K to $575K
This home is asking 27% below the median, lower 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.
Land transfer tax on this home
- Ontario land transfer tax
- $3,710
- Total land transfer tax
- $3,710
- First-time buyer rebates (Ontario up to $4,000)
- −$3,710
- Total for first-time buyers
- $0
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 $349,000
- $1,485
- Ontario total
- $3,710
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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 areaChecked at the listing’s mapped point, not across the whole lot.At the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
Province of Ontario open data
Around the home1
- A trail or path within 1 km1 km
Provincial and municipal trail maps
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 Genpak, Division of Great Pacific Enterprises LP — GENPAK 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 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Cogeco Connexion. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom, SkyChoice Communications, Standard Broadband. 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 Conservation or 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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Oscar Romero SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 600 m | — |
| Artesian Drive Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 700 m | 61%Grade 3 average |
| Oscar Peterson Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 950 m | 71%Grade 3 average |
| ÉÉC MississaugaConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.9 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 800 m | 68%Grade 9 math |
| John Fraser Secondary SchoolPeel DSB | Public · grades 9–12 | 1.2 km | 82%Grade 9 math |
| Applewood Acres Secondary SchoolPeel DSB | Public · grades 9–12 | 2.4 km | — |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.7 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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 850 m |
| Erin Mills Station | MiWay bus rapid transit: Transitway | 1.4 km |
| Streetsville GO | GO Transit train: Milton | 3 km |
| Erindale GO | GO Transit train: Milton | 4.4 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.
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.
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
- $69,800
- Total mortgage amount
- $279,200
- Total interest payment
- $198,700
- Total purchase cost
- $547,700
- Mortgage payment
- $1,593/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$2,469- Rent $2,150
- Shortfall $319
Rental income opens at $2,150, the median asking rent of 9 comparable homes for lease in Central Erin Mills. Type over it with the rent you expect. This is a planning tool, not advice.
Market area · filters apply to the charts below
Similar Active Listings
Recently sold nearby
Sold prices in Central Erin Mills are shown to signed-in members.