1896 Stoneybrook Court, Mississauga, ON

Erin Mills, Mississauga · MLS® W13801364

$1,548,800
For Sale
Listed 3 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 1896 Stoneybrook Court, nestled on a quiet court in the highly sought-after Sawmill Valley community.
  • Featuring large principal rooms and hardwood/parquet floors throughout, this solid, original home has been lovingly cared for and offers excellent bones for...
  • One of the home's standout features is its exceptional pool-sized lot backing directly onto parkland, providing complete backyard privacy with no rear neighbours.
  • Surrounded by mature greenery, the expansive backyard offers endless possibilities for a pool, outdoor entertaining space or private family retreat.
  • Located in an established, family-friendly neighbourhood close to parks, walking trails, schools, UTM, shopping, transit and major highways, this is a rare...

Welcome to 1896 Stoneybrook Court, nestled on a quiet court in the highly sought-after Sawmill Valley community. This well-maintained 4+1 bedroom family home offers exceptional space, a functional layout and incredible potential for buyers looking to make a home their own. Featuring large principal rooms and hardwood/parquet floors throughout, this solid, original home has been lovingly cared for and offers excellent bones for renovation or updating. The spacious main floor provides generous living and entertaining areas with plenty of natural light, while four well-sized bedrooms upstairs offer ample room for a growing family. One of the home's standout features is its exceptional pool-sized lot backing directly onto parkland, providing complete backyard privacy with no rear neighbours. Surrounded by mature greenery, the expansive backyard offers endless possibilities for a pool, outdoor entertaining space or private family retreat.Located in an established, family-friendly neighbourhood close to parks, walking trails, schools, UTM, shopping, transit and major highways, this is a rare opportunity to own a solid family home on a premium lot in one of Erin Mills' most desirable courts.

Key facts

Property type
Detached, 2-Storey
MLS®
W13801364
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
55.04 × 115.21 ft
Cross streets
Folkway Drive & Sawmill Valley
Parking
2 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,015 / 2026
Days on market
3
Listing brokerage
SUTTON GROUP QUANTUM REALTY INC.

Rooms

Bedroom 3Second3.61 × 3.54 m

Parquet

RecreationBasement8.57 × 3.61 m

parquet · brick fireplace

Bedroom 5Basement4.95 × 3.54 m
Family RoomMain5.68 × 3.61 m

parquet · brick fireplace · overlooks backyard

KitchenMain3.64 × 2.98 m

eat-in kitchen · overlook patio

BreakfastMain2.33 × 3.71 m

w/o to deck · eat-in kitchen

Living RoomMain3.54 × 5.47 m

hardwood floor · open concept · double doors

Dining RoomMain3.54 × 4.19 m

hardwood floor · open concept

Bedroom 4Second3.61 × 3.39 m

parquet · closet

Primary BedroomSecond4.46 × 6.21 m

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

BathroomBasement4.10 × 2.46 m

Sauna

DenMain3.34 × 2.74 m

parquet · separate room

Bedroom 2Second3.99 × 3.53 m

parquet · closet

LaundryMain3.34 × 1.86 m

side door · access to garage

OtherBasement3.61 × 2.31 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.52Mlikely sale price

Listed at $1,548,800. Going by how homes in Erin Mills have actually closed against their asking prices (about 98%, 40 local closings in 90 days), the likely sale price is near $1.52M, if it sells. A realistic range is $1.43M to $1.71M.

Independent value check: $1.33M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.24M and $1.39M).

Why $1.33M. 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 $9,015 a year; the typical home sold here pays about $7,300.
  • ▲ Raises it slightlyIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.43MBelow recent closings$1.71MAbove recent closings

Total price vs nearby homes. Likely closing about $1.52M, from 40 recent closings in this pocket.

The market behind the math:

40sold nearby · 90 days
$1.14Mmedian sold price
99%of asking, on average
−14%prices vs a year ago
~22 dayshomes like this take to sell
3days on market so far
$4,928/moest. rent · 39 leases
3.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 29 detached homes for sale in the area against 40 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 $563/sqft against an area asking average of $592/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my 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 40 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.42M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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
  • 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($563/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 40 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
$1.78Mavg 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 $624/sqft; this home lists at $563/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.55MThis home1.74M1.35M1.80M2.00M2.00MThis 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
Lorne Park
$1.77M
East Credit
$1.41M

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
$7,059/mo
$297KIncome needed
5.2×Price ÷ income
$1,629Weekly cost
$27,451Land 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 $7,059Property tax $751Total carry $7,810

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)
$6,782per month

Mortgage amount $1,239,040 · 4.39% over 25 years

$309,760Down payment (20.0%)
$1,239,040Loan before insurance
$0CMHC premium
$7,533Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,782
Property tax
$751
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,533

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

One-time closing costs

Ontario land transfer tax
$27,451
Estimated closing costs
$27,451

Plus your down payment of $309,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,217/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

$795,616Total interest paid
$2,034,656Total of all payments
Principal $1,239,040 Interest $795,616
YearPrincipalInterestBalance
1$28,038$53,348$1,211,002
2$29,282$52,104$1,181,720
3$30,582$50,804$1,151,138
4$31,939$49,447$1,119,199
5$33,357$48,030$1,085,842
6$34,837$46,549$1,051,005
7$36,383$45,003$1,014,621
8$37,998$43,388$976,623
9$39,684$41,702$936,939
10$41,446$39,940$895,493
11$43,285$38,101$852,208
12$45,206$36,180$807,002
13$47,213$34,174$759,789
14$49,308$32,078$710,481
15$51,496$29,890$658,985
16$53,782$27,604$605,203
17$56,169$25,217$549,034
18$58,662$22,725$490,373
19$61,265$20,121$429,107
20$63,984$17,402$365,123
21$66,824$14,562$298,299
22$69,790$11,597$228,509
23$72,887$8,499$155,622
24$76,122$5,264$79,500
25$79,500$1,886$0

At the end of your 5-year term

Total paid over the term
$406,931
Principal paid down
$153,198
Interest paid
$253,733
Balance remaining
$1,085,842

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$4,928/mo
$59,136Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,198 to $5,288Typical 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 $4,419 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,928. 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 $9,015− Insurance $1,400− Vacancy & upkeep $6,505Net operating income $42,216

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

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