1820 Shady Creek Court, Mississauga, ON

Erin Mills, Mississauga · MLS® W13763434

$1,999,900
For Sale
Listed 12 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Welcome to 1820 Shady Creek Court, a distinguished residence on a private cul de sac in prime Erin Mills.
  • At the back of the home, a separate family room offers a wood-burning fireplace, Hunter Douglas drapery and a walkout to a private balcony above the pool.
  • Above-grade windows, luxury vinyl plank throughout, a second wood-burning fireplace, recreation and games areas, fifth bedroom, playroom, three-piece bath - and a...
  • Beyond, a heated in-ground pool set in stamped concrete on a pie-shaped lot that is 95 feet across the rear, and 130 feet deep - with mature cedar on every side.
  • The Sawmill Valley ravine trails are right here - walking the dog means stepping out the door and into the woods, not loading anyone into a car.

Welcome to 1820 Shady Creek Court, a distinguished residence on a private cul de sac in prime Erin Mills. The grand foyer opens beneath a two-storey ceiling where a sweeping oak spiral staircase rises past a curved gallery and continues through all three levels. A formal living room sits apart behind wide double doors. Straight ahead, the dining room seats ten beneath crown moulding and a plaster ceiling medallion. The kitchen is the heart of it - full-height cherry cabinetry, rose-veined granite, and an eat-in area beneath a full glass gable roof with treetops and open sky overhead, framed by white-washed clear cedar California shutters. At the back of the home, a separate family room offers a wood-burning fireplace, Hunter Douglas drapery and a walkout to a private balcony above the pool. A main floor office doubles as a bedroom, with a mudroom, garage access, laundry and powder room completing the level. Upstairs, four generous bedrooms, anchored by a primary suite with walk-in closet and spa-inspired six-piece ensuite: jetted corner soaker tub set in marble beneath its own window, double sinks and bidet. The lower level is a second living floor, not a basement. Above-grade windows, luxury vinyl plank throughout, a second wood-burning fireplace, recreation and games areas, fifth bedroom, playroom, three-piece bath - and a walkout to a covered terrace opening onto the pool. Beyond, a heated in-ground pool set in stamped concrete on a pie-shaped lot that is 95 feet across the rear, and 130 feet deep - with mature cedar on every side. And then there's the reason people stay. The Sawmill Valley ravine trails are right here - walking the dog means stepping out the door and into the woods, not loading anyone into a car. Steps from top-ranked public and Catholic schools and neighbourhood parks. Minutes to Credit Valley Hospital, Erin Mills Town Centre and UTM, with effortless access to the 403, 407, QEW and GO Transit.

Key facts

Property type
Detached, 2-Storey
MLS®
W13763434
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
51.9 × 130.41 ft
Cross streets
Burnhamthorpe and Mississauga Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
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
$13,849 / 2026
Days on market
12
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

BedroomSecond5.09 × 5.59 m
BedroomSecond4.01 × 4.19 m
BedroomSecond4.09 × 3.38 m
Dining RoomMain3.20 × 4.19 m
Mud RoomMain3.33 × 2.41 m
Family RoomMain5.66 × 3.91 m
KitchenMain4.09 × 3.12 m
FoyerMain3.40 × 2.26 m
Game RoomBasement5.51 × 3.86 m
Primary BedroomSecond5.66 × 4.47 m
BedroomBasement3.30 × 4.29 m
Utility RoomBasement4.17 × 2.46 m
RecreationBasement9.04 × 3.94 m
OfficeMain3.94 × 3.17 m
Living RoomMain4.09 × 5.23 m
BreakfastMain4.85 × 3.61 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.97Mlikely sale price

Listed at $1,999,900. 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 $1.97M, if it sells. A realistic range is $1.84M to $2.22M.

Independent value check: $2.08M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $1.95M and $2.18M).

Why $2.08M. 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 $13,849 a year; the typical home sold here pays about $7,300.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.84MBelow recent closings$2.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.97M, 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
12days on market so far
$5,282/moest. rent · 39 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 21 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 $615/sqft against an area asking average of $590/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: 23 of the 149 detached leases here lately were basement units, around $1,800 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.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
  • 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 39 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.93M. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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

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
$1.79Mavg 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 $630/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.00MThis home2.00M1.80M1.74M1.55M1.87MThis 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
Erindale
$2.95M
Churchill Meadows
$1.54M
East Credit
$1.37M
Clarkson
$2.03M

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
$9,115/mo
$389KIncome needed
5.1×Price ÷ income
$2,103Weekly cost
$36,473Land 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.

89%mortgage
Mortgage $9,115Property tax $1,154Total carry $10,269

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)
$8,758per month

Mortgage amount $1,599,920 · 4.39% over 25 years

$399,980Down payment (20.0%)
$1,599,920Loan before insurance
$0CMHC premium
$9,912Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,758
Property tax
$1,154
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,912

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

One-time closing costs

Ontario land transfer tax
$36,473
Estimated closing costs
$36,473

Plus your down payment of $399,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$10,610/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

$1,027,345Total interest paid
$2,627,265Total of all payments
Principal $1,599,920 Interest $1,027,345
YearPrincipalInterestBalance
1$36,204$68,886$1,563,716
2$37,811$67,280$1,525,905
3$39,489$65,601$1,486,416
4$41,242$63,849$1,445,174
5$43,072$62,018$1,402,102
6$44,984$60,107$1,357,118
7$46,980$58,110$1,310,138
8$49,065$56,025$1,261,072
9$51,243$53,848$1,209,830
10$53,517$51,573$1,156,312
11$55,892$49,198$1,100,420
12$58,373$46,718$1,042,047
13$60,964$44,127$981,084
14$63,669$41,421$917,414
15$66,495$38,596$850,919
16$69,446$35,644$781,473
17$72,528$32,562$708,945
18$75,747$29,343$633,197
19$79,109$25,981$554,088
20$82,620$22,470$471,468
21$86,287$18,804$385,181
22$90,117$14,974$295,065
23$94,116$10,975$200,949
24$98,293$6,798$102,656
25$102,656$2,435$0

At the end of your 5-year term

Total paid over the term
$525,453
Principal paid down
$197,818
Interest paid
$327,635
Balance remaining
$1,402,102

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$5,282/mo
$63,384Gross annual rent
2.1%Cap rate after taxes and upkeep
$4,649 to $5,722Typical rent range
~31 daysTo find a tenant, on average

The suite is real income here: basements rent in Erin Mills (23 of 149 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 39 whole-home leases in Erin Mills signed at a median of $4,419 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,282. 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 $13,849− Insurance $1,400− Vacancy & upkeep $6,972Net operating income $41,163

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

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