3973 Rolling Valley Drive, Mississauga, ON

Erin Mills, Mississauga · MLS® W13739802

$1,799,000
For Sale
Listed 18 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome To This Beautifully Updated Family Home In The Desirable Erin Mills Community.
  • The Spacious Kitchen Has Been Totally Renovated With New Cabinetry And New Appliances In 2022, Plus A New Range Hood In 2024.
  • Hardwood Flooring Updated In 2022.
  • Finished Basement With Recreation Room, Office/Bedroom, Games Room And 2-Pc Bath, Plus Direct Garage Access And A Separate Side Entrance.
  • Ideally Located In A Family-Friendly Erin Mills Neighbourhood Close To Schools, Parks, Shopping, Transit And Major Highways.

Welcome To This Beautifully Updated Family Home In The Desirable Erin Mills Community! Offering A Spacious And Functional Layout With Separate Living, Dining And Family Rooms, Featuring A Cozy Fireplace And An Abundance Of Natural Light. Over $100K Spent In Upgrade And Improvements. The Spacious Kitchen Has Been Totally Renovated With New Cabinetry And New Appliances In 2022, Plus A New Range Hood In 2024. Hardwood Flooring Updated In 2022. Finished Basement With Recreation Room, Office/Bedroom, Games Room And 2-Pc Bath, Plus Direct Garage Access And A Separate Side Entrance. The Roof Was Replaced In 2025. Updated Windows In 2024, Including All West-Exposure, Primary Bedroom And Family Room Windows. The Primary Bedroom Features Two Closets And A 5-Pc Ensuite, While The Spacious Bedrooms Offer Plenty Of Room For A Growing Family. Walk Out From The Kitchen To A Huge Garden Patio, Perfect For Outdoor Enjoyment And Entertaining. Ideally Located In A Family-Friendly Erin Mills Neighbourhood Close To Schools, Parks, Shopping, Transit And Major Highways. A Wonderful Opportunity To Own A Move-In Ready Home With Extensive Recent Updates In A Highly Desirable Community!

Key facts

Property type
Detached, 2-Storey
MLS®
W13739802
Bedrooms
4+1 (5 total)
Bathrooms
4 (2 half)
Size
2500-3000 sq ft
Lot
49.05 × 125.79 ft
Cross streets
Glen Erin Dr & Burnhamthorpe
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,727 / 2026
Days on market
18
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomMain4.16 × 3.47 m

laminate · bay window · combined w/dining

Bedroom 2Second3.47 × 3.93 m

laminate · california shutters · overlooks frontyard

Game RoomBasement5.61 × 4.33 m

broadloom · separate room

LaundryMain4.42 × 1.70 m

tile floor · access to garage · side door

Bedroom 4Second3.47 × 3.66 m

laminate · large window · b/i shelves

FoyerMain2.94 × 2.33 m

tile floor · open concept

Family RoomMain4.30 × 6.55 m

laminate · fireplace · b/i shelves

KitchenMain4.31 × 3.58 m

tile floor · stainless steel appl · granite counters

BreakfastMain4.52 × 3.88 m

tile floor · centre island · w/o to patio

Bedroom 3Second4.97 × 3.08 m

laminate · semi ensuite · large window

Dining RoomMain4.31 × 3.47 m

laminate · california shutters · combined w/living

RecreationBasement7.35 × 3.47 m

broadloom · b/i shelves · 2 pc bath

Primary BedroomSecond6.04 × 3.69 m

laminate · 5 pc ensuite · double closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.77Mlikely sale price

Listed at $1,799,000. 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 $1.77M, if it sells. A realistic range is $1.66M to $1.99M.

Independent value check: $1.64M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.54M and $1.72M).

Why $1.64M. 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 it stronglyIts tax bill, which follows the city's own assessment, is $10,727 a year; the typical home sold here pays about $7,300.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.66MBelow recent closings$1.99MAbove recent closings

Total price vs nearby homes. Likely closing about $1.77M, 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
18days on market so far
$4,842/moest. rent · 39 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 28 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 $654/sqft against an area asking average of $586/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 $1.66M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

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
$1.73Mavg 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 $605/sqft; this home lists at $654/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.80MThis home1.74M2.00M1.55M2.00M1.35MThis 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.

Central Erin Mills
$1.35M
Churchill Meadows
$1.54M
Erindale
$2.95M
Clarkson
$2.03M
East Credit
$1.37M

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
$8,199/mo
$345KIncome needed
5.2×Price ÷ income
$1,892Weekly cost
$32,455Land 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 $8,199Property tax $894Total carry $9,093

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,878per month

Mortgage amount $1,439,200 · 4.39% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,772Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,878
Property tax
$894
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,772

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

One-time closing costs

Ontario land transfer tax
$32,455
Estimated closing costs
$32,455

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$9,544/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

$924,143Total interest paid
$2,363,343Total of all payments
Principal $1,439,200 Interest $924,143
YearPrincipalInterestBalance
1$32,567$61,966$1,406,633
2$34,013$60,521$1,372,620
3$35,522$59,011$1,337,098
4$37,099$57,435$1,299,999
5$38,745$55,788$1,261,254
6$40,465$54,069$1,220,789
7$42,261$52,273$1,178,528
8$44,136$50,397$1,134,391
9$46,095$48,438$1,088,296
10$48,141$46,393$1,040,155
11$50,278$44,256$989,877
12$52,509$42,025$937,368
13$54,840$39,694$882,529
14$57,273$37,260$825,255
15$59,815$34,718$765,440
16$62,470$32,064$702,970
17$65,243$29,291$637,728
18$68,138$26,396$569,589
19$71,162$23,372$498,427
20$74,321$20,213$424,107
21$77,619$16,915$346,488
22$81,064$13,470$265,424
23$84,662$9,872$180,762
24$88,419$6,115$92,343
25$92,343$2,190$0

At the end of your 5-year term

Total paid over the term
$472,669
Principal paid down
$177,946
Interest paid
$294,722
Balance remaining
$1,261,254

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 39 whole-home leases in Erin Mills$4,842/mo
$58,104Gross annual rent
2.2%Cap rate after taxes and upkeep
$4,196 to $5,269Typical 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 39 whole-home leases in Erin Mills signed at a median of $4,410 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,842. 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.

3.2%
Gross yield
− Property tax $10,727− Insurance $1,400− Vacancy & upkeep $6,391Net operating income $39,586

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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