1-500 Silverthorne Crescent, Mississauga, ON

Hurontario, Mississauga · MLS® W13705426

$1,059,000
For Sale
Listed 28 days agoNo offer date stated
3Bedrooms
3Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 500 Silverthorne Cres Unit #1.
  • Gorgeously Large Freehold Town Corner Lot on End Street, No Front Neighbours.
  • Featuring Stunning 3 Bedrooms, 3 Bathrooms, Located in Highly Desirable Mississauga Community.
  • Easy Potential for Separate Entrance.
  • Exquisite Hardwood Floors Thru-Out.

Welcome to 500 Silverthorne Cres Unit #1! Gorgeously Large Freehold Town Corner Lot on End Street, No Front Neighbours! No Condo Fees! Feels like a Detached! Featuring Stunning 3 Bedrooms, 3 Bathrooms, Located in Highly Desirable Mississauga Community! Rare 2 Car Garage!! Breathtakingly Massive Modernized Kitchen w/ Stainless Steel Appliances, Upgraded Quartz Counters, Cabinets, Backsplash & Pot Lights! Perfectly Sized Family Breakfast Area w/ Private Walkout to your Prime L-Shaped Backyard! Enjoy the Outdoor Patio, Gardening or BBQ! Easy Potential for Separate Entrance! Exquisite Hardwood Floors Thru-Out! Roof '25. Amazing Everyday Amenities! Minutes to Square One Shopping, Plazas, Restaurants, Public Transit, Hwy 403, Costco, Hospital, Medical Centres plus 15hr Overnight Street Parking Available. Just Move in & Enjoy this Superb Family Home!

Key facts

Property type
Townhouse, 2-Storey
MLS®
W13705426
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
34.48 × 104.98 ft
Cross streets
McLaughlin & Eglinton
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,983 / 2026
Days on market
28
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Primary BedroomSecond5.18 × 3.81 m

window · double closet · 3 pc ensuite

BathroomMain

tile floor · 2 pc bath

BathroomMain0.00 × 0.00 m
BathroomSecond

tile floor · 4 pc bath

Bedroom 3Second3.50 × 2.86 m

window · hardwood floor · closet

BathroomSecond

3 pc ensuite · window

Family RoomLower10.05 × 5.63 m

window · broadloom · finished

KitchenMain5.94 × 2.43 m

modern kitchen · stainless steel appl · breakfast area

Bedroom 2Second5.18 × 3.81 m

window · hardwood floor · closet

Dining RoomMain3.96 × 3.35 m

large window · hardwood floor · combined w/kitchen

Living RoomMain5.79 × 3.66 m

large window · hardwood floor · fireplace

RecreationLower3.29 × 1.83 m

window · wet bar · b/i bar

BreakfastMain3.05 × 2.43 m

large window · combined w/kitchen · w/o to patio

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.04Mlikely sale price

Listed at $1,059,000. Going by how homes in Hurontario and the wider GTA have actually closed against their asking prices (about 99%, 9 local closings in 90 days), the likely sale price is near $1.04M, if it sells. A realistic range is $979K to $1.18M.

Independent value check: $881K. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $826K and $924K).

Why $881K. The typical townhouse sold in Hurontario over the past year went for about $852K (37 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,983 a year; the typical home sold here pays about $5,500.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 3 typically.
  • ▼ Lowers it slightly3 bedrooms and 3 baths, against 3+1 and 4 typically.
List price
$979KBelow recent closings$1.18MAbove recent closings

Total price vs nearby homes. Likely closing about $1.04M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$885Kmedian sold price
101%of asking, on average
−7%prices vs a year ago
~13 dayshomes like this take to sell
28days on market so far
$3,340/moest. rent · 37 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 5 townhouse homes for sale in the area against 9 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 $605/sqft against an area asking average of $453/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $928K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Hurontario, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Hurontario over the past two years, from 71 closings there.

What sellers nearby are askingCurrently listed nearby in Hurontario · asking prices
$899kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $881K, which is where my estimate comes from.

Per square foot, these ask about $514/sqft; this home lists at $605/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.06MThis home899k870k929kThis home vs active comparables

Neighbourhood & location

Hurontario, 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.

East Credit
$925K
Streetsville
$1.11M
Applewood
$885K
Meadowvale Village
$901K
Central Erin Mills
$968K

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
$4,827/mo
$203KIncome needed
5.2×Price ÷ income
$1,114Weekly cost
$17,655Land 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.

91%mortgage
Mortgage $4,827Property tax $499Total carry $5,325

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)
$4,637per month

Mortgage amount $847,200 · 4.39% over 25 years

$211,800Down payment (20.0%)
$847,200Loan before insurance
$0CMHC premium
$5,136Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,637
Property tax
$499
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,136

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

One-time closing costs

Ontario land transfer tax
$17,655
Estimated closing costs
$17,655

Plus your down payment of $211,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,618/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

$544,006Total interest paid
$1,391,206Total of all payments
Principal $847,200 Interest $544,006
YearPrincipalInterestBalance
1$19,171$36,477$828,029
2$20,022$35,626$808,007
3$20,911$34,738$787,096
4$21,839$33,810$765,258
5$22,808$32,840$742,450
6$23,820$31,828$718,630
7$24,877$30,771$693,753
8$25,981$29,667$667,771
9$27,134$28,514$640,637
10$28,339$27,310$612,298
11$29,596$26,052$582,702
12$30,910$24,738$551,792
13$32,282$23,366$519,510
14$33,715$21,934$485,795
15$35,211$20,437$450,584
16$36,774$18,875$413,811
17$38,406$17,243$375,405
18$40,110$15,538$335,295
19$41,890$13,758$293,404
20$43,750$11,899$249,655
21$45,691$9,957$203,964
22$47,719$7,929$156,245
23$49,837$5,811$106,408
24$52,049$3,599$54,359
25$54,359$1,289$0

At the end of your 5-year term

Total paid over the term
$278,241
Principal paid down
$104,750
Interest paid
$173,491
Balance remaining
$742,450

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 37 whole-home leases in Hurontario$3,340/mo
$40,080Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,173 to $3,528Typical rent range
~23 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 37 whole-home leases in Hurontario signed at a median of $3,416 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,340. 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.

3.8%
Gross yield
− Property tax $5,983− Insurance $1,400− Vacancy & upkeep $4,409Net operating income $28,288

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

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