3944 Glamis Court, Mississauga, ON

Erin Mills, Mississauga · MLS® W13801206

$1,468,000
For Sale
Listed 3 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
4Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • A beautifully executive 4 bedroom family home located on a quiet, safe cul de sac in one of Mississauga's most desirable mature neighbourhoods.
  • Hardwood flooring throughout main and upper levels.
  • Finished basement with large recreation area, wet bar, and an additional bedroom.
  • Resort-style backyard with inground swimming pool and hot tub.

A beautifully executive 4 bedroom family home located on a quiet, safe cul de sac in one of Mississauga's most desirable mature neighbourhoods. This property offers an exceptional blend of luxury finishes, functional space, and premium outdoor amenities. Hardwood flooring throughout main and upper levels. Modern kitchen with Granite Counters and high end appliances. Finished basement with large recreation area, wet bar, and an additional bedroom. Resort-style backyard with inground swimming pool and hot tub. Walking distance to UTM and Erindale GO. Close to Promontory woods, Riverwood Conservancy and Credit River trails. Perfect for families, professionals, and long term residents seeking comfort and convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
W13801206
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
60.04 × 100.85 ft
Cross streets
Burnhamthorpe/Mississauga Rd
Parking
4 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$10,473 / 2025
Days on market
3
Listing brokerage
REAL ONE REALTY INC.

Rooms

Bedroom 2Second3.50 × 3.50 m

California Shutters

Bedroom 3Second3.56 × 3.56 m

Hardwood Floor

Dining RoomMain3.84 × 3.35 m

hardwood floor · overlooks backyard

Bedroom 4Second3.23 × 3.05 m

Hardwood Floor

Family RoomMain5.30 × 3.35 m

b/i bookcase · fireplace · hardwood floor

KitchenMain5.21 × 3.75 m

granite counters · b/i appliances · w/o to yard

RecreationBasement7.32 × 5.79 m

b/i bar · fireplace · broadloom

Bedroom 5Basement
Living RoomMain3.51 × 5.18 m

bay window · french doors · hardwood floor

Primary BedroomSecond5.46 × 4.14 m

5 pc bath · hardwood floor · overlooks backyard

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.44Mlikely sale price

Listed at $1,468,000. 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 $1.44M, if it sells. A realistic range is $1.35M to $1.63M.

Independent value check: $1.60M. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $1.50M and $1.67M).

Why $1.60M. 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 $10,473 a year; the typical home sold here pays about $7,300.
  • ▲ Raises it slightly4 garage and 6 total parking spaces, against 2 and 5 typically.
List price
$1.35MBelow recent closings$1.63MAbove recent closings

Total price vs nearby homes. Likely closing about $1.44M, 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
3days on market so far
$4,462/moest. rent · 48 leases
3.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 31 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 $652/sqft against an area asking average of $601/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 $1.60M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($652/sqft) is above the area, which usually points to a smaller or more efficient layout.

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
$1.48Mavg 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 $581/sqft; this home lists at $652/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.47MThis home1.40M1.35M1.55M1.35M1.74MThis 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
Central Erin Mills
$1.35M
East Credit
$1.37M
Clarkson
$2.03M
Churchill Meadows
$1.54M

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
$6,691/mo
$287KIncome needed
5.1×Price ÷ income
$1,544Weekly cost
$25,835Land 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.

88%mortgage
Mortgage $6,691Property tax $873Total carry $7,563

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)
$6,428per month

Mortgage amount $1,174,400 · 4.39% over 25 years

$293,600Down payment (20.0%)
$1,174,400Loan before insurance
$0CMHC premium
$7,301Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,428
Property tax
$873
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,301

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

One-time closing costs

Ontario land transfer tax
$25,835
Estimated closing costs
$25,835

Plus your down payment of $293,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,788/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

$754,109Total interest paid
$1,928,509Total of all payments
Principal $1,174,400 Interest $754,109
YearPrincipalInterestBalance
1$26,575$50,565$1,147,825
2$27,755$49,386$1,120,070
3$28,986$48,154$1,091,084
4$30,273$46,867$1,060,811
5$31,617$45,524$1,029,194
6$33,020$44,121$996,174
7$34,485$42,655$961,689
8$36,016$41,125$925,673
9$37,614$39,526$888,059
10$39,284$37,857$848,776
11$41,027$36,113$807,749
12$42,848$34,292$764,901
13$44,750$32,391$720,151
14$46,736$30,405$673,416
15$48,810$28,331$624,606
16$50,976$26,164$573,630
17$53,238$23,902$520,391
18$55,601$21,539$464,790
19$58,069$19,071$406,721
20$60,646$16,494$346,075
21$63,338$13,803$282,737
22$66,149$10,992$216,588
23$69,085$8,056$147,504
24$72,151$4,990$75,353
25$75,353$1,787$0

At the end of your 5-year term

Total paid over the term
$385,702
Principal paid down
$145,206
Interest paid
$240,496
Balance remaining
$1,029,194

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 48 whole-home leases in Erin Mills$4,462/mo
$53,544Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,858 to $4,811Typical 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 48 whole-home leases in Erin Mills signed at a median of $4,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,462. 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.

3.6%
Gross yield
− Property tax $10,473− Insurance $1,400− Vacancy & upkeep $5,890Net operating income $35,781

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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