3683 East Park Court, Mississauga, ON

Erin Mills, Mississauga · MLS® W13515270

$1,797,400
For Sale
Listed 82 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
5+1Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Gorgeous 5 Bedroom Detached House.
  • Nestled in the prestigious Erin Mills community, this 2-storey detached home offers a blend of sophistication and comfort.##Perfectly positioned on a...
  • The fully finished Walk out Basement expands the living space with 6th Bedroom, a large recreation area, a 3-piece bathroom , walkout entrance to the basement is...
  • Accessible To 403, 407, Qew,Schools, Rec Centres Libraries,Life Time Fitness.

Gorgeous 5 Bedroom Detached House. Nestled in the prestigious Erin Mills community, this 2-storey detached home offers a blend of sophistication and comfort.##Perfectly positioned on a cul-de-sac##Features Finished Walk-Out Basement To Mature Treed Lot, Direct access from Garage to the House.You are welcomed by a grand Foyer and bathed in natural light, Home got abundant windows.Formal living and dining rooms offer a generous inviting space, ideal for hosting elegant gatherings & family celebrations.Also Have Formal Dining Room.The fully finished Walk out Basement expands the living space with 6th Bedroom, a large recreation area, a 3-piece bathroom , walkout entrance to the basement is ideal for an in-law suite or potential rental unit.Accessible To 403, 407, Qew,Schools, Rec Centres Libraries,Life Time Fitness.

Key facts

Property type
Detached, 2-Storey
MLS®
W13515270
Bedrooms
5+1 (6 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
54.79 × 189.21 ft
Cross streets
Winstonchurchill/Burnhamthorpe
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,950 / 2025
Days on market
82
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Bedroom 4Second3.75 × 3.65 m

walk-in closet(s) · parquet

Bedroom 3Second3.75 × 3.45 m

walk-in closet(s) · parquet

Bedroom 5Second4.97 × 3.45 m

walk-in closet(s) · parquet

BedroomBasement3.00 × 3.25 m
RecreationBasement9.60 × 6.09 m

w/o to yard · wood · fireplace

Bedroom 2Second4.26 × 3.40 m

walk-in closet(s) · parquet

Living RoomGround8.07 × 3.35 m

combined w/dining · wood

KitchenGround3.78 × 3.27 m

eat-in kitchen · pantry · stainless steel appl

Family RoomGround6.40 × 3.45 m

brick fireplace · wood

Primary BedroomSecond5.68 × 4.92 m

5 pc ensuite · walk-in closet(s) · parquet

Dining RoomGround3.78 × 3.65 m

combined w/living · wood

BreakfastGround3.78 × 3.65 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.77Mlikely sale price

Listed at $1,797,400. Going by how homes in Erin Mills have actually closed against their asking prices (about 98%, 41 local closings in 90 days), the likely sale price is near $1.77M, if it sells. A realistic range is $1.66M to $1.99M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 82 days on the market against about 29 for homes like it here, and asking 29% above where comparable closings put it.

List price
$1.66MBelow recent closings$1.99MAbove recent closings

Total price vs nearby homes. Likely closing about $1.77M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.12Mmedian sold price
99%of asking, on average
−16%prices vs a year ago
~22 dayshomes like this take to sell
82days on market so far
$5,801/moest. rent · 16 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 15 detached homes for sale in the area against 41 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $553/sqft against an area asking average of $618/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Erin Mills: 23 of the 150 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Mississauga.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.54M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($553/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 41 comparable homes that sold in Erin Mills over the past two years, from 324 closings there.

Neighbourhood & location

Erin Mills, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Churchill Meadows
$1.54M
Central Erin Mills
$1.35M
Erindale
$1.30M
Sheridan
$2.20M
Clarkson
$2.16M

Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$8,192/mo
$339KIncome needed
5.3×Price ÷ income
$1,890Weekly cost
$32,423Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $8,192Property tax $746Total carry $8,938

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,871per month

Mortgage amount $1,437,920 · 4.39% over 25 years

$359,480Down payment (20.0%)
$1,437,920Loan before insurance
$0CMHC premium
$8,617Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,871
Property tax
$746
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,617

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$32,423
Estimated closing costs
$32,423

Plus your down payment of $359,480. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$9,536/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$923,321Total interest paid
$2,361,241Total of all payments
Principal $1,437,920 Interest $923,321
YearPrincipalInterestBalance
1$32,538$61,911$1,405,382
2$33,982$60,467$1,371,399
3$35,491$58,959$1,335,908
4$37,066$57,384$1,298,843
5$38,711$55,739$1,260,132
6$40,429$54,021$1,219,703
7$42,223$52,226$1,177,480
8$44,097$50,352$1,133,383
9$46,054$48,395$1,087,328
10$48,098$46,351$1,039,230
11$50,233$44,217$988,997
12$52,462$41,987$936,535
13$54,791$39,659$881,744
14$57,222$37,227$824,521
15$59,762$34,688$764,759
16$62,414$32,035$702,345
17$65,185$29,265$637,160
18$68,078$26,372$569,083
19$71,099$23,351$497,984
20$74,254$20,195$423,730
21$77,550$16,900$346,180
22$80,992$13,458$265,188
23$84,586$9,863$180,602
24$88,340$6,109$92,261
25$92,261$2,189$0

At the end of your 5-year term

Total paid over the term
$472,248
Principal paid down
$177,788
Interest paid
$294,460
Balance remaining
$1,260,132

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 16 whole-home leases in Erin Mills$5,801/mo
$69,612Gross annual rent
2.9%Cap rate after taxes and upkeep
$5,225 to $6,126Typical rent range
~30 daysTo find a tenant, on average

The suite is real income here: basements rent in Erin Mills (23 of 150 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 16 whole-home leases in Erin Mills signed at a median of $5,528 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,801. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.9%
Gross yield
− Property tax $8,950− Insurance $1,400− Vacancy & upkeep $7,657Net operating income $51,605

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.

CallRequest a showing