3248 Barchester Court, Mississauga, ON

Erin Mills, Mississauga · MLS® W13740324

$3,150,000
For Sale
Listed 42 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
3Garage · 10 parking
3500-5000Sq ft

About this home

In short

  • Nestled on a prestigious cul-de-sac in the Erin Mills neighbourhood of Mississauga, this stunning custom-built residence is a true masterpiece.
  • Step into the inviting open-concept main level, where seamless flow defines the space.
  • Dive into the sparkling inground pool, relax on the interlocked patio, or simply unwind in this tranquil outdoor haven.
  • Venture upstairs to discover the lavish Owner's suite, complete with vaulted ceilings, a spacious walk-in closet, and a spa-like 5-pc ensuite.
  • The fully finished walk-out basement is an entertainer's dream, featuring a large recreation room, an additional bedroom for guests, a den that can be transformed...

Nestled on a prestigious cul-de-sac in the Erin Mills neighbourhood of Mississauga, this stunning custom-built residence is a true masterpiece. Boasting over 5,000 sq. ft. of total living space, this elegant home offers a harmonious blend of sophistication and modern finishes. Step into the inviting open-concept main level, where seamless flow defines the space. The gourmet kitchen is a culinary dream, featuring top-of-the-line built-in appliances, ceramic floors, ample cabinetry, a bar, and a convenient pantry. Adjacent to the kitchen, the spacious living room, adorned with a cozy fireplace, creates an ambiance of warmth and relaxation. Expansive windows throughout the home bathe the interiors in natural light, while the walk-out access to the backyard promises easy indoor-outdoor living. Enjoy scenic views from the office, adding the perfect touch for remote work or study. The beautifully landscaped backyard is your personal retreat, offering privacy and serenity. Dive into the sparkling inground pool, relax on the interlocked patio, or simply unwind in this tranquil outdoor haven. Venture upstairs to discover the lavish Owner's suite, complete with vaulted ceilings, a spacious walk-in closet, and a spa-like 5-pc ensuite. Three additional bedrooms on this level offer either shared or private ensuite bathrooms, along with generous closet space, ensuring comfort and privacy for all family members. The fully finished walk-out basement is an entertainer's dream, featuring a large recreation room, an additional bedroom for guests, a den that can be transformed into a home theatre or playroom, and a sleek 4-piece bathroom. Offering ample parking with a 3-car garage and a private driveway, this remarkable property is an absolute must-see! Situated among convenient amenities including: top-rated schools, parks, walking trails, Erin Mills Town Centre, premium dining, Credit Valley Hospital, easy access to Hwy 403/401/407, public transit, and GO Station.

Key facts

Property type
Detached, 2-Storey
MLS®
W13740324
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
91.5 × 105.15 ft
Cross streets
Mississauga Rd/The Collegeway
Parking
3 garage · 10 parking (attached)
Driveway
Private Double
Basement
Full, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$14,443 / 2026
Days on market
42
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Bedroom 3Second3.75 × 4.59 m

semi ensuite · closet · window

Bedroom 4Second3.65 × 4.62 m

closet · 4 pc ensuite · window

Dining RoomMain3.99 × 5.55 m

french doors · crown moulding · hardwood floor

Primary BedroomSecond6.36 × 9.13 m

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

OfficeMain3.61 × 2.84 m

built-in speakers · overlooks living · window

DenBasement4.09 × 5.08 m

above grade window · ceramic floor

Living RoomMain7.93 × 5.23 m

fireplace · pot lights · hardwood floor

RecreationBasement5.86 × 5.47 m

fireplace · above grade window · w/o to patio

Bedroom 5Basement3.31 × 6.17 m

california shutters · mirrored closet · w/o to patio

KitchenMain3.44 × 4.62 m

stainless steel appl · breakfast bar · ceramic floor

Bedroom 2Second3.44 × 5.37 m

semi ensuite · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.11Mlikely sale price

Listed at $3,150,000. Going by how homes in Erin Mills have actually closed against their asking prices (about 99%, 41 local closings in 90 days), the likely sale price is near $3.11M, if it sells. A realistic range is $2.91M to $3.50M.

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.

List price
$2.91MBelow recent closings$3.50MAbove recent closings

Total price vs nearby homes. Likely closing about $3.11M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.10Mmedian sold price
99%of asking, on average
−13%prices vs a year ago
~22 dayshomes like this take to sell
42days on market so far
$6,265/moest. rent · 9 leases
2.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 11 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 $741/sqft against an area asking average of $594/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: 24 of the 150 detached leases here lately were basement units, around $1,850 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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $2.17M. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 41 comparable homes that sold in Erin Mills over the past two years, from 313 closings there.

What sellers nearby are askingCurrently listed nearby in Erin Mills · asking prices
$2.33Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.50M, which is where my estimate comes from.

Per square foot, these ask about $548/sqft; this home lists at $741/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
3.15MThis home3.50M2.10M1.90M1.70M2.45MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Erin Mills: $1.10M in September 2026, up 2% from a year ago, on 160 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.14M19
November 2025$1.19M12
December 2025$1.00M7
January 2026$1.10M7
February 2026$1.32M8
March 2026$1.25M11
April 2026$1.23M14
May 2026$1.28M22
June 2026$1.22M17
July 2026$1.14M15
August 2026$1.18M15
September 2026$1.10M13

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.

Sheridan
$1.46M
Erindale
$1.18M
Clarkson
$1.14M
Lorne Park
$2.62M
Churchill Meadows
$1.30M

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
$14,357/mo
$587KIncome needed
5.4×Price ÷ income
$3,313Weekly cost
$65,225Land 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 $14,357Property tax $1,204Total carry $15,560

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,934per month

Mortgage amount $2,520,000 · 4.49% over 25 years

$630,000Down payment (20.0%)
$2,520,000Loan before insurance
$0CMHC premium
$15,137Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,934
Property tax
$1,204
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,137

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

One-time closing costs

Ontario land transfer tax
$65,225
Estimated closing costs
$65,225

Plus your down payment of $630,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,864/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

$1,660,054Total interest paid
$4,180,054Total of all payments
Principal $2,520,000 Interest $1,660,054
YearPrincipalInterestBalance
1$56,236$110,966$2,463,764
2$58,789$108,413$2,404,975
3$61,458$105,744$2,343,517
4$64,249$102,953$2,279,268
5$67,166$100,036$2,212,103
6$70,215$96,987$2,141,887
7$73,404$93,799$2,068,484
8$76,736$90,466$1,991,747
9$80,220$86,982$1,911,527
10$83,863$83,339$1,827,664
11$87,670$79,532$1,739,993
12$91,651$75,551$1,648,342
13$95,812$71,390$1,552,530
14$100,163$67,039$1,452,367
15$104,710$62,492$1,347,657
16$109,465$57,737$1,238,192
17$114,435$52,767$1,123,757
18$119,631$47,571$1,004,126
19$125,062$42,140$879,064
20$130,741$36,461$748,323
21$136,677$30,525$611,646
22$142,883$24,320$468,764
23$149,370$17,832$319,394
24$156,152$11,050$163,242
25$163,242$3,960$0

At the end of your 5-year term

Total paid over the term
$836,011
Principal paid down
$307,897
Interest paid
$528,113
Balance remaining
$2,212,103

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 9 whole-home leases in Erin Mills$6,265/mo
$75,180Gross annual rent
1.6%Cap rate after taxes and upkeep
$5,499 to $6,766Typical rent range
~28 daysTo find a tenant, on average

The suite is real income here: basements rent in Erin Mills (24 of 150 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 9 whole-home leases in Erin Mills signed at a median of $5,416 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,265. 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.

2.4%
Gross yield
− Property tax $14,443− Insurance $1,400− Vacancy & upkeep $8,270Net operating income $51,067

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

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