3440 Marmac Crescent, Mississauga, ON

Erin Mills, Mississauga · MLS® W13801692

$1,689,888
For Sale
Listed 4 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Where elevated design meets effortless living.
  • The open concept main level offers seamless flow between the living, dining, kitchen & family spaces.
  • The custom kitchen features quartz countertops & backsplash, extensive cabinetry, under-cabinet lighting & an oversized island w/ storage on both sides.
  • Upstairs, 4 generous bedrooms include the primary suite w/ updated ensuite & enlarged window.
  • Set in established Erin Mills neighbourhood, just minutes to schools, shopping, parks & easily accessible to transit & major hwys 403, 401 & QEW.

Where elevated design meets effortless living. Set behind an exceptionally wide, sidewalk-free interlocking driveway, this home offers the kind of arrival that is difficult to find generous parking & an exquisite flagstone entryway creating a truly distinguished approach. As you open the doors, you're greeted by a grand Scarlet O'Hara staircase that sets the tone for the exceptional elegance & craftsmanship found throughout the home. The open concept main level offers seamless flow between the living, dining, kitchen & family spaces. The custom kitchen features quartz countertops & backsplash, extensive cabinetry, under-cabinet lighting & an oversized island w/ storage on both sides. The family room is anchored by a wood-burning fireplace w/ stone feature wall, creating a warm setting for everyday living & entertaining. A direct walkout from the kitchen leads to a private backyard retreat w/ multi-level deck, lush greenery & irrigation system servicing both front & rear yards. A custom shed w/ electrical service & its own deck adds function & character to the outdoor space. Upstairs, 4 generous bedrooms include the primary suite w/ updated ensuite & enlarged window. A mezzanine interior balcony accessed from the primary overlooks the main floor, creating a distinctive architectural feature. The fully finished lower level offers 2 bedrooms, generous recreation space w/ a custom wet bar w/ island, illuminated custom under-stair wine gallery, a dedicated storage den room & double door functional & spacious walk in pantry. Thoughtfully layered lighting complements the home throughout, incl pot lights & updated light fixtures. Set in established Erin Mills neighbourhood, just minutes to schools, shopping, parks & easily accessible to transit & major hwys 403, 401 & QEW. This home offers exceptional space & thoughtful design, creating a home that feels as welcoming as it is impressive, perfectly suited for family moments, lively gatherings & the memories made in between.

Key facts

Property type
Detached, 2-Storey
MLS®
W13801692
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
46.92 × 145.47 ft
Cross streets
Marmac Crescent and Garthwood Road
Parking
2 garage · 6 parking (attached)
Driveway
Inside Entry, Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,519 / 2026
Days on market
4
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

PantryBasement2.36 × 3.22 m

laminate · double doors · pot lights

LaundryMain2.49 × 2.94 m

access to garage · side door · laundry sink

Bedroom 2Second3.07 × 3.65 m

hardwood floor · overlooks backyard · closet organizers

DenBasement3.40 × 3.25 m

Laminate

Dining RoomMain4.39 × 3.25 m

combined w/living · large window · hardwood floor

BedroomBasement3.24 × 3.24 m

laminate · closet · window

KitchenMain3.83 × 7.07 m

modern kitchen · breakfast area · w/o to deck

Utility RoomBasement2.32 × 3.65 m
Living RoomMain4.97 × 3.24 m

bay window · led lighting · combined w/dining

BedroomBasement3.05 × 3.25 m

laminate · closet · window

Bedroom 3Second3.07 × 3.23 m

hardwood floor · overlooks backyard · closet organizers

Family RoomMain5.02 × 3.05 m

fireplace · combined w/kitchen · overlooks backyard

OfficeMain3.17 × 3.16 m

hardwood floor · pot lights · large window

Primary BedroomSecond5.95 × 3.25 m

5 pc ensuite · walk-in closet(s) · hardwood floor

Media RoomBasement9.16 × 6.99 m

b/i bar · pot lights · open concept

Bedroom 4Second4.38 × 3.16 m

hardwood floor · closet organizers · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.66Mlikely sale price

Listed at $1,689,888. 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 $1.66M, if it sells. A realistic range is $1.56M to $1.87M.

Independent value check: $1.39M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.30M and $1.45M).

Why $1.39M. 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 $9,519 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
$1.56MBelow recent closings$1.87MAbove recent closings

Total price vs nearby homes. Likely closing about $1.66M, from 40 recent closings in this pocket.

The market behind the math:

40sold nearby · 90 days
$1.13Mmedian sold price
99%of asking, on average
−15%prices vs a year ago
~24 dayshomes like this take to sell
4days on market so far
$5,028/moest. rent · 37 leases
3.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 28 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 $615/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 40 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.50M. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • 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
  • Open-concept layout: modern, sought-after flow. 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 ($615/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
$1.54Mavg 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 $582/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
1.69MThis home1.43M1.40M1.74M1.34M1.80MThis 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.

Churchill Meadows
$1.54M
Central Erin Mills
$1.35M
Sheridan
$2.20M
Clarkson
$2.16M
Erindale
$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
$7,702/mo
$322KIncome needed
5.2×Price ÷ income
$1,777Weekly cost
$30,273Land 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.

91%mortgage
Mortgage $7,702Property tax $793Total carry $8,495

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,400per month

Mortgage amount $1,351,910 · 4.39% over 25 years

$337,978Down payment (20.0%)
$1,351,910Loan before insurance
$0CMHC premium
$8,193Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,400
Property tax
$793
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,193

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

One-time closing costs

Ontario land transfer tax
$30,273
Estimated closing costs
$30,273

Plus your down payment of $337,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,965/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

$868,092Total interest paid
$2,220,003Total of all payments
Principal $1,351,910 Interest $868,092
YearPrincipalInterestBalance
1$30,592$58,208$1,321,318
2$31,950$56,850$1,289,369
3$33,368$55,432$1,256,001
4$34,849$53,951$1,221,152
5$36,395$52,405$1,184,757
6$38,011$50,789$1,146,746
7$39,698$49,102$1,107,048
8$41,459$47,341$1,065,589
9$43,300$45,501$1,022,289
10$45,221$43,579$977,068
11$47,228$41,572$929,840
12$49,324$39,476$880,516
13$51,513$37,287$829,002
14$53,800$35,000$775,202
15$56,187$32,613$719,015
16$58,681$30,119$660,334
17$61,285$27,515$599,048
18$64,005$24,795$535,043
19$66,846$21,954$468,197
20$69,813$18,987$398,384
21$72,911$15,889$325,473
22$76,147$12,653$249,326
23$79,527$9,273$169,799
24$83,056$5,744$86,742
25$86,742$2,058$0

At the end of your 5-year term

Total paid over the term
$444,001
Principal paid down
$167,154
Interest paid
$276,847
Balance remaining
$1,184,757

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 37 whole-home leases in Erin Mills$5,028/mo
$60,336Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,330 to $5,457Typical rent range
~30 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 37 whole-home leases in Erin Mills signed at a median of $4,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,028. 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 $9,519− Insurance $1,400− Vacancy & upkeep $6,637Net operating income $42,780

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

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