Basement-5110 Timbermill Court, Mississauga, ON

East Credit, Mississauga · MLS® W13578982

$1,150/mo
For Lease
Just listed today
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1Bedrooms
1Bathrooms
1Parking
700Sq Ft

About this home

(For One Individual Only) All-inclusive, fully furnished private one-bedroom suite featuring a private 3-piece bathroom and private ensuite laundry room in a unique basement apartment. The suite also offers an open-concept kitchenette, providing a comfortable and functional living space.The basement is shared with two other private bedroom suites, each with its own separate bathroom, laundry, and living area, offering privacy and independence.All utilities are included. Situated in a quiet, family-friendly neighborhood with convenient access to nearby amenities. One parking space is available for an additional cost.

Key facts

Property type
Detached, 2-Storey
MLS®
W13578982
Bedrooms
1
Bathrooms
1
Size
700 sq ft
Cross streets
Creditview Rd & Sherwood Mills Blvd
Parking
1 parking
Driveway
Available
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Listing brokerage
RE/MAX MILLENNIUM REAL ESTATE

Rooms

BedroomBasement2.40 × 2.10 m

combined w/kitchen · closet · window

LaundryBasement0.00 × 0.00 m

tile floor · separate room · ensuite bath

KitchenBasement0.00 × 0.00 m

combined w/br · open concept

Listing history

  1. Jun 22, 2026Listed$1,350

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1,400/moest. value

Listed at $1,150/mo, this rental is tracking about 18% below a wider set of rentals, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 15 similar rentals nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2,000/mo
  • Bedrooms −$150/mo
  • Adjusts to $1,850/mo

That comparable adjusts to $1,850/mo; the $1,400/mo estimate above is the median of all 15 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

List price
$1,150/moBelow market$1,650/moAbove market

Total price vs nearby homes. Fair value about $1,400/mo, median of 15 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in East Credit · asking prices
$1,275avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Basement-5110 Timbermill Court$1,3505312 Hollypoint (Lower) Avenue$1,400Bsmt-858 Khan Crescent$1,4001B-6421 Donway Drive$1,450Room B-1722 Princelea Place$775

The 5 closest active listings nearby.

See all comparable homes
1,150This home1,3501,4001,4001,450775This home vs active comparables
Live market pulseActive comparables in East Credit · median list $2K
15active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

East Credit, 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.

Getting around

65/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Creditview Rd At Sherwood Mills Blvd, about 246 m away

20+ transit stops1 grocery20+ dining13 parks6 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Creditview
$3K
Streetsville
$3K
Hurontario
$3K
Central Erin Mills
$3K
Fairview
$3K

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
$5/mo
$4KIncome needed
0.3×Price ÷ income
$1Weekly cost
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.

88%mortgage
Mortgage $5Property tax $1Total carry $6

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5per month

Mortgage amount $920 · 4.14% over 25 years

$230Down payment (20.0%)
$920Loan before insurance
$0CMHC premium
$6Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6

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

One-time closing costs

Ontario land transfer tax
$6
Estimated closing costs
$6

Plus your down payment of $230. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6/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

$553Total interest paid
$1,473Total of all payments
Principal $920 Interest $553
YearPrincipalInterestBalance
1$22$37$898
2$22$36$876
3$23$36$853
4$24$35$828
5$25$34$803
6$26$32$776
7$28$31$749
8$29$30$720
9$30$29$690
10$31$28$659
11$32$26$627
12$34$25$593
13$35$24$557
14$37$22$521
15$38$21$483
16$40$19$443
17$42$17$401
18$43$16$358
19$45$14$313
20$47$12$266
21$49$10$217
22$51$8$166
23$53$6$113
24$55$4$58
25$58$1$0

At the end of your 5-year term

Total paid over the term
$295
Principal paid down
$117
Interest paid
$177
Balance remaining
$803

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.

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

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