2043 Burbank Drive, Mississauga, ON
Erin Mills, Mississauga · MLS® W13804304
About this home
In short
- Welcome to 2043 Burbank, an exceptional detached family home on a peaceful, tree-lined street in sought-after Sawmill Valley, Erin Mills.
- Beautifully maintained and thoughtfully updated since 2020, this spacious home blends modern improvements with a functional layout andtimeless character.
- The main floor features modern upgraded hardwood , a two-storey grand foyer, a separate living roomwith French doors, wood-burning fireplace and picture window, a...
- Upstairs, the primary bedroom offers a walk-in closet and 4-piece ensuite with Jacuzzi tub,along with three additional generous bedrooms and a 3-piece bathroom.
- Outside, enjoy a private backyard oasis with interlocking stone patio, mature trees, flower beds and outdoor lighting.
Welcome to 2043 Burbank, an exceptional detached family home on a peaceful, tree-lined street in sought-after Sawmill Valley, Erin Mills.Beautifully maintained and thoughtfully updated since 2020, this spacious home blends modern improvements with a functional layout andtimeless character. The main floor features modern upgraded hardwood , a two-storey grand foyer, a separate living roomwith French doors, wood-burning fireplace and picture window, a separate dining room, and a family room with a second wood-burning fireplaceand walkout to the backyard patio. The heart of the home is the expansive, light- filled morning room which flows off the kitchen, surrounded by large windows andseamless walkout to backyard patio, creating an inviting space for everyday dining and entertaining. A powder room and spacious laundry room withsink and side entrance complete the main level. Upstairs, the primary bedroom offers a walk-in closet and 4-piece ensuite with Jacuzzi tub,along with three additional generous bedrooms and a 3-piece bathroom. The basement includes a large finished office, ample storage and futuredevelopment potential. Outside, enjoy a private backyard oasis with interlocking stone patio, mature trees, flower beds and outdoor lighting. Additionalfeatures include a large two-car garage, with parking for up to eight vehicles, and an impressive 60.36 ft x 125.76 ft lot. Closeto parks, walking and cycling trails, elementary and secondary schools, University of Toronto Mississauga, South Common Mall, Highway 403,QEW, and GO Transit.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13804304
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 60.36 × 125.76 ft
- Cross streets
- Mississauga Rd & Burnhamthorpe Rd
- Parking
- 2 garage · 8 parking (attached)
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,018 / 2026
- Days on market
- 3
- Listing brokerage
- COMFREE
Rooms
Sliding Doors
fireplace · sliding doors · overlook patio
fireplace · glass doors
walk-in closet(s) · 4 pc ensuite
Listed at $1,749,900. 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 $1.72M, if it sells. A realistic range is $1.61M to $1.94M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $1.72M, from 39 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $636/sqft against an area asking average of $588/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 $1.49M. 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.
- 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 39 comparable homes that sold in Erin Mills over the past two years, from 324 closings there.
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 $539/sqft; this home lists at $636/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Erin Mills, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,399,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,663
- Property tax
- $752
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,414
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,473
- Estimated closing costs
- $31,473
Plus your down payment of $349,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $459,768
- Principal paid down
- $173,090
- Interest paid
- $286,678
- Balance remaining
- $1,226,830
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COMFREE. MLS®/PropTx.