5240 ELMRIDGE DRIVE, Mississauga (Central Erin Mills)

$2,850,850

For sale: Detached

Detached at 5240 ELMRIDGE DRIVE, Mississauga (Central Erin Mills)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 6 bathrooms
Living area
5,000 sqft
MLS®
MLS® W13680412
Neighbourhood
Central Erin Mills

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.

Sold data

Detached homes in Mississauga (Central Erin Mills) — recent sold market

Detached homes in Mississauga (Central Erin Mills) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 36, across 569 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $1,249,888.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$1,249,888
Sale-to-list ratio
96.4%
Sold above asking
16%

Based on 569 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (Central Erin Mills)

Mississauga (Central Erin Mills) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.

Rated schools
131
Elementary
96
Secondary
35
Average rating
6.8 / 10

Top-rated schools in Mississauga (Central Erin Mills)

  • AI-Manarat Heightselementary, MississaugaFraser rating 10.0/10
  • Kenollieelementary, MississaugaFraser rating 10.0/10
  • Khalsa Maltonelementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamicelementary, MississaugaFraser rating 10.0/10
  • St Rose of Limaelementary, MississaugaFraser rating 9.7/10
  • Olive Groveelementary, MississaugaFraser rating 9.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5240 ELMRIDGE DRIVE