1816 Paddock Crescent, Mississauga, ON

Erin Mills, Mississauga · MLS® W13876548

$2,649,000
For Sale
Listed 7 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • Beautifully renovated from top to bottom in 2023, this move-in-ready home offers nearly 4,300 sq. ft. of thoughtfully designed living space in sought-after Bridlepath...
  • The custom kitchen features premium appliances and opens seamlessly to the family room and dining area, creating a comfortable, welcoming space for both everyday...
  • Overlooking the backyard, the main living areas enjoy an easy connection to the outdoor space and the private pool retreat, completed in 2021.A main-floor office...
  • Upstairs, the spacious primary suite features vaulted ceilings, generous custom closets, a private ensuite and walkout to its own terrace-a peaceful place to begin or...
  • Fully renovated, move-in ready and complete with a pool, this is a wonderful opportunity to enjoy the space, privacy and established setting of Bridlepath...

Beautifully renovated from top to bottom in 2023, this move-in-ready home offers nearly 4,300 sq. ft. of thoughtfully designed living space in sought-after Bridlepath Estates.The custom kitchen features premium appliances and opens seamlessly to the family room and dining area, creating a comfortable, welcoming space for both everyday living and entertaining. Overlooking the backyard, the main living areas enjoy an easy connection to the outdoor space and the private pool retreat, completed in 2021.A main-floor office provides a quiet place to work, while the finished lower level adds exceptional versatility with a media room, gym, full bath, wet bar, separate entrance and plenty of storage.Upstairs, the spacious primary suite features vaulted ceilings, generous custom closets, a private ensuite and walkout to its own terrace-a peaceful place to begin or end the day.Set on a beautifully landscaped, premium wide lot, the home combines stylish finishes with a practical layout designed for modern family life. Enjoy nearby Credit River trails, GO Transit and UTM, along with convenient access to excellent schools, highways, Streetsville, Square One and everyday amenities.Fully renovated, move-in ready and complete with a pool, this is a wonderful opportunity to enjoy the space, privacy and established setting of Bridlepath Estates.*Disclaimer, some rooms are is virtually staged

Key facts

Property type
Detached, 2-Storey
MLS®
W13876548
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
73.06 × 110 ft
Cross streets
Mississauga Rd & Bridlepath Trail
Parking
2 garage · 8 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Block, Concrete, Concrete Block, Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$13,999 / 2026
Days on market
7
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

SittingLower3.48 × 2.99 m

gas fireplace · above grade window

Dining RoomMain3.61 × 6.96 m

bay window · 2 way fireplace · open concept

Bedroom 2Second3.52 × 3.96 m

pot lights · window

Bedroom 3Second3.52 × 3.58 m

pot lights · window

Primary BedroomSecond3.77 × 6.00 m

4 pc ensuite · cedar closet(s) · w/o to balcony

Bedroom 4Second4.75 × 3.00 m

b/i closet · 2 way fireplace · window

Media RoomLower3.87 × 4.75 m

Pot Lights

Family RoomMain3.62 × 4.85 m

gas fireplace · w/o to pool · b/i shelves

BreakfastMain3.88 × 5.78 m

walk-out · open concept · bow window

RecreationLower3.48 × 4.00 m

gas fireplace · pot lights · b/i shelves

OfficeMain3.57 × 2.00 m

bay window · pot lights · b/i shelves

KitchenMain3.44 × 4.27 m

quartz counter · pot lights · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.61Mlikely sale price

Listed at $2,649,000. Going by how homes in Erin Mills have actually closed against their asking prices (about 99%, 41 local closings in 90 days), the likely sale price is near $2.61M, if it sells. A realistic range is $2.45M to $2.95M.

Independent value check: $2.12M. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $1.99M and $2.22M).

Why $2.12M. 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 $13,999 a year; the typical home sold here pays about $7,300.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$2.45MBelow recent closings$2.95MAbove recent closings

Total price vs nearby homes. Likely closing about $2.61M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.10Mmedian sold price
99%of asking, on average
−13%prices vs a year ago
~22 dayshomes like this take to sell
7days on market so far
$5,143/moest. rent · 44 leases
2.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 24 detached homes for sale in the area against 41 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 $815/sqft against an area asking average of $586/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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.95M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying

Based on 41 comparable homes that sold in Erin Mills over the past two years, from 313 closings there.

What sellers nearby are askingCurrently listed nearby in Erin Mills · asking prices
$1.87Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.12M, which is where my estimate comes from.

Per square foot, these ask about $633/sqft; this home lists at $815/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.65MThis home1.90M2.00M1.70M2.30M1.45MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Erin Mills: $1.10M in September 2026, up 2% from a year ago, on 160 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.14M19
November 2025$1.19M12
December 2025$1.00M7
January 2026$1.10M7
February 2026$1.32M8
March 2026$1.25M11
April 2026$1.23M14
May 2026$1.28M22
June 2026$1.22M17
July 2026$1.14M15
August 2026$1.18M15
September 2026$1.10M13

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
$1.18M
Central Erin Mills
$1.30M
Sheridan
$1.46M
East Credit
$1.29M
Churchill Meadows
$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
$12,073/mo
$500KIncome needed
5.3×Price ÷ income
$2,786Weekly cost
$52,700Land 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 $12,073Property tax $1,167Total carry $13,240

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,717per month

Mortgage amount $2,119,200 · 4.49% over 25 years

$529,800Down payment (20.0%)
$2,119,200Loan before insurance
$0CMHC premium
$12,884Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,717
Property tax
$1,167
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,884

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

One-time closing costs

Ontario land transfer tax
$52,700
Estimated closing costs
$52,700

Plus your down payment of $529,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,182/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

$1,396,026Total interest paid
$3,515,226Total of all payments
Principal $2,119,200 Interest $1,396,026
YearPrincipalInterestBalance
1$47,292$93,318$2,071,908
2$49,439$91,170$2,022,470
3$51,683$88,926$1,970,786
4$54,030$86,579$1,916,756
5$56,483$84,126$1,860,273
6$59,048$81,561$1,801,225
7$61,729$78,880$1,739,496
8$64,532$76,077$1,674,965
9$67,462$73,147$1,607,503
10$70,525$70,084$1,536,978
11$73,727$66,882$1,463,252
12$77,074$63,535$1,386,177
13$80,574$60,035$1,305,604
14$84,232$56,377$1,221,372
15$88,057$52,553$1,133,315
16$92,055$48,554$1,041,261
17$96,234$44,375$945,026
18$100,604$40,005$844,423
19$105,172$35,438$739,251
20$109,947$30,662$629,304
21$114,939$25,670$514,366
22$120,157$20,452$394,208
23$125,613$14,996$268,595
24$131,316$9,293$137,279
25$137,279$3,330$0

At the end of your 5-year term

Total paid over the term
$703,045
Principal paid down
$258,927
Interest paid
$444,118
Balance remaining
$1,860,273

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 44 whole-home leases in Erin Mills$5,143/mo
$61,716Gross annual rent
1.5%Cap rate after taxes and upkeep
$4,533 to $5,559Typical rent range
~28 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 44 whole-home leases in Erin Mills signed at a median of $4,470 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,143. 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.

2.3%
Gross yield
− Property tax $13,999− Insurance $1,400− Vacancy & upkeep $6,789Net operating income $39,529

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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