3076 Redstart Drive, Mississauga, ON

Erin Mills, Mississauga · MLS® W13580738

$1,279,900
For Sale
Listed 65 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • This beautifully renovated 4-bedroom, 3-bathroom home sits on a premium fully fenced, pool-sized lot and offers the ideal combination of modern style, quality updates...
  • Step inside to discover a bright, move-in-ready interior featuring a stunning renovated kitchen with new cabinetry, countertops, sink, oversized breakfast bar and...
  • Extensive 2026 updates include new hardwood flooring throughout the main level, new broadloom throughout the second floor, hallway and bedrooms, beautifully renovated...
  • The spacious primary retreat features a renovated 4-piece ensuite and large walk-in closet.
  • Located just minutes to top-rated public and Catholic schools, the University of Toronto Mississauga, Credit River trails, community centre, shopping, restaurants...

Welcome to one of Erin Mills' most sought-after family neighbourhoods-Sir John's Homestead-where mature trees, ravines, scenic walking trails, parks and an exceptional sense of community create the perfect place to call home. This beautifully renovated 4-bedroom, 3-bathroom home sits on a premium fully fenced, pool-sized lot and offers the ideal combination of modern style, quality updates and functional family living.Step inside to discover a bright, move-in-ready interior featuring a stunning renovated kitchen with new cabinetry, countertops, sink, oversized breakfast bar and pantry-the perfect space for everyday living and entertaining. Spacious principal rooms flow into the inviting main floor family room with a cozy wood-burning fireplace overlooking the private backyard. Extensive 2026 updates include new hardwood flooring throughout the main level, new broadloom throughout the second floor, hallway and bedrooms, beautifully renovated bathrooms with new vanities, countertops and fixtures, fresh designer paint throughout and new baseboards, creating a fresh contemporary feel. The spacious primary retreat features a renovated 4-piece ensuite and large walk-in closet. A second bedroom also offers a walk-in closet, while two additional bedrooms provide flexibility for family, guests or a home office.Major mechanical updates include furnace and central air conditioning (2020), wall-mounted hot water system (2024), updated windows and shingles (approx. 10 years). Located just minutes to top-rated public and Catholic schools, the University of Toronto Mississauga, Credit River trails, community centre, shopping, restaurants, transit and convenient access to Highways 403, 407 and the QEW. Beautifully updated, exceptionally maintained and perfectly located, this turnkey home offers the lifestyle today's families are searching for in one of Mississauga's most established and desirable communities

Key facts

Property type
Detached, 2-Storey
MLS®
W13580738
Bedrooms
4
Bathrooms
3 (3 half)
Size
2000-2500 sq ft
Lot
45.76 × 125.05 ft
Cross streets
Dundas St W & Redstart Dr
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Unfinished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick Veneer
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,018 / 2026
Days on market
65
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 3Second3.40 × 3.23 m

closet · broadloom

LaundryGround2.31 × 3.02 m
KitchenGround3.51 × 3.45 m
Bedroom 4Second3.76 × 3.56 m
FoyerGround2.09 × 2.59 m
Utility RoomBasement0.00 × 0.00 m
Family RoomGround4.66 × 3.52 m
Primary BedroomSecond6.54 × 4.57 m

4 pc ensuite · walk-in closet(s) · broadloom

Bedroom 2Second3.42 × 3.71 m

large closet · broadloom

Dining RoomGround3.62 × 3.04 m
Living RoomGround4.71 × 3.61 m
WorkshopBasement0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.26Mlikely sale price

Listed at $1,279,900. Going by how homes in Erin Mills and the wider GTA have actually closed against their asking prices (about 98%, 39 local closings in 90 days), the likely sale price is near $1.26M, if it sells. A realistic range is $1.18M to $1.42M.

Independent value check: $1.21M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.14M and $1.27M).

Why $1.21M. The typical detached home sold in Erin Mills over the past year went for about $1.21M (162 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $8,018 a year; the typical home sold here pays about $7,300.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.

Longer on the market than typical. 65 days on the market against about 29 for homes like it here, and asking 5% above where comparable closings put it.

List price
$1.18MBelow recent closings$1.42MAbove recent closings

Total price vs nearby homes. Likely closing about $1.26M, from 39 recent closings in this pocket.

The market behind the math:

39sold nearby · 90 days
$1.14Mmedian sold price
99%of asking, on average
−15%prices vs a year ago
~22 dayshomes like this take to sell
65days on market so far
$4,287/moest. rent · 52 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 31 detached homes for sale in the area against 39 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 $569/sqft against an area asking average of $610/sqft.

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 39 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.31M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($569/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 39 comparable homes that sold in Erin Mills over the past two years, from 324 closings there.

What sellers nearby are askingCurrently listed nearby in Erin Mills · asking prices
$1.44Mavg asking

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

Per square foot, these ask about $638/sqft; this home lists at $569/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.28MThis home1.60M1.35M1.36MThis home vs active comparables

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.

Erindale
$2.95M
Clarkson
$2.03M
Central Erin Mills
$1.35M
Churchill Meadows
$1.54M
Cooksville
$1.14M

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
$5,833/mo
$248KIncome needed
5.2×Price ÷ income
$1,346Weekly cost
$22,073Land 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.

90%mortgage
Mortgage $5,833Property tax $668Total carry $6,502

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,605per month

Mortgage amount $1,023,920 · 4.39% over 25 years

$255,980Down payment (20.0%)
$1,023,920Loan before insurance
$0CMHC premium
$6,273Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,605
Property tax
$668
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,273

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

One-time closing costs

Ontario land transfer tax
$22,073
Estimated closing costs
$22,073

Plus your down payment of $255,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,790/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

$657,482Total interest paid
$1,681,402Total of all payments
Principal $1,023,920 Interest $657,482
YearPrincipalInterestBalance
1$23,170$44,086$1,000,750
2$24,198$43,058$976,552
3$25,272$41,984$951,279
4$26,394$40,862$924,885
5$27,565$39,691$897,320
6$28,789$38,467$868,531
7$30,066$37,190$838,465
8$31,401$35,855$807,064
9$32,795$34,462$774,269
10$34,250$33,006$740,019
11$35,770$31,486$704,249
12$37,358$29,898$666,891
13$39,016$28,240$627,876
14$40,747$26,509$587,129
15$42,556$24,700$544,573
16$44,444$22,812$500,129
17$46,417$20,839$453,712
18$48,477$18,779$405,235
19$50,628$16,628$354,607
20$52,875$14,381$301,731
21$55,222$12,034$246,509
22$57,673$9,583$188,836
23$60,233$7,024$128,603
24$62,906$4,350$65,698
25$65,698$1,558$0

At the end of your 5-year term

Total paid over the term
$336,280
Principal paid down
$126,600
Interest paid
$209,680
Balance remaining
$897,320

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 52 whole-home leases in Erin Mills$4,287/mo
$51,444Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,683 to $4,620Typical rent range
~31 daysTo find a tenant, on average

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 52 whole-home leases in Erin Mills signed at a median of $4,286 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,287. 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.

4.0%
Gross yield
− Property tax $8,018− Insurance $1,400− Vacancy & upkeep $5,659Net operating income $36,367

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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