2027 Roy Ivor Crescent, Mississauga, ON

Erin Mills, Mississauga · MLS® W13783676

$1,498,000
For Sale
Listed 6 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

Fully Upgraded Remarkable Detached House In Prime Location Mississauga! Featuring Spacious 2803 Sf Above Ground Space, Fresh Painting throughout, New engineered hardwood flooring on 2nd , Carpet Free, Modern Granite Countertop Kitchen With Oversized Breakfast Area, Brand New SS Fridge/Range/Dishwasher, Updated Windows, Newer Roof (2020), 3 Full Baths With Quartz Vanity Countertops, Lot Of Pot Lights, Premium California Shutters, Quiet Privacy Backyard, Walking Distance To University of Toronto Mississauga, Step To Walmart, Restaurant, Highway 401 And Much More, Will Not Be Disappointed.

Key facts

Property type
Detached, 2-Storey
MLS®
W13783676
Bedrooms
4
Bathrooms
3
Size
2500-3000 sq ft
Lot
48.12 × 137.17 ft
Cross streets
Erin Mills/Burnhamthorpe
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,801 / 2026
Days on market
6
Listing brokerage
REAL ONE REALTY INC.

Rooms

Primary BedroomSecond6.10 × 3.51 m

hardwood floor · ensuite bath · walk-in closet(s)

Dining RoomMain4.27 × 3.45 m

hardwood floor · window · crown moulding

KitchenMain7.06 × 5.00 m

breakfast area · stainless steel appl · w/o to deck

Bedroom 2Second3.81 × 3.53 m

hardwood floor · closet · window

FoyerMain6.78 × 3.56 m

Hardwood Floor

Bedroom 3Second3.81 × 3.50 m

hardwood floor · closet · window

Family RoomMain3.58 × 7.04 m

hardwood floor · fireplace · wet bar

Bedroom 4Second3.43 × 3.18 m

hardwood floor · closet · window

Living RoomMain5.49 × 3.45 m

hardwood floor · window · california shutters

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.47Mlikely sale price

Listed at $1,498,000. 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 $1.47M, if it sells. A realistic range is $1.38M to $1.66M.

Independent value check: $1.30M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.22M and $1.36M).

Why $1.30M. 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 $8,801 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
$1.38MBelow recent closings$1.66MAbove recent closings

Total price vs nearby homes. Likely closing about $1.47M, 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
6days on market so far
$4,705/moest. rent · 36 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 22 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 $545/sqft against an area asking average of $592/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 $1.43M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • 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 ($545/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
$1.57Mavg 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 $569/sqft; this home lists at $545/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home1.45M1.75M1.50MThis 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
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
$6,827/mo
$287KIncome needed
5.2×Price ÷ income
$1,576Weekly cost
$26,435Land 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 $6,827Property tax $733Total carry $7,561

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)
$6,560per month

Mortgage amount $1,198,400 · 4.39% over 25 years

$299,600Down payment (20.0%)
$1,198,400Loan before insurance
$0CMHC premium
$7,293Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,560
Property tax
$733
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,293

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

One-time closing costs

Ontario land transfer tax
$26,435
Estimated closing costs
$26,435

Plus your down payment of $299,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,947/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

$769,520Total interest paid
$1,967,920Total of all payments
Principal $1,198,400 Interest $769,520
YearPrincipalInterestBalance
1$27,118$51,598$1,171,282
2$28,322$50,395$1,142,960
3$29,579$49,138$1,113,381
4$30,892$47,825$1,082,489
5$32,263$46,454$1,050,227
6$33,695$45,022$1,016,532
7$35,190$43,527$981,342
8$36,752$41,965$944,591
9$38,383$40,334$906,208
10$40,086$38,630$866,121
11$41,865$36,851$824,256
12$43,724$34,993$780,532
13$45,664$33,053$734,868
14$47,691$31,026$687,178
15$49,807$28,910$637,370
16$52,018$26,699$585,353
17$54,326$24,390$531,026
18$56,738$21,979$474,289
19$59,256$19,461$415,033
20$61,886$16,831$353,147
21$64,632$14,085$288,515
22$67,501$11,216$221,014
23$70,496$8,220$150,518
24$73,625$5,092$76,893
25$76,893$1,824$0

At the end of your 5-year term

Total paid over the term
$393,584
Principal paid down
$148,173
Interest paid
$245,411
Balance remaining
$1,050,227

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 36 whole-home leases in Erin Mills$4,705/mo
$56,460Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,021 to $4,950Typical 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 36 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 $4,705. 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 $8,801− Insurance $1,400− Vacancy & upkeep $6,211Net operating income $40,048

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

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