3973 Rolling Valley Drive, Mississauga, ON
Erin Mills, Mississauga · MLS® W13885532
About this home
In short
- Welcome To This Beautifully Updated Family Home In The Desirable Erin Mills Community.
- The Spacious Kitchen Has Been Totally Renovated With New Cabinetry And New Appliances In 2022, Plus A New Range Hood In 2024.
- Hardwood Flooring Updated In 2022.
- Finished Basement With Recreation Room, Office/Bedroom, Games Room And 2-Pc Bath, Plus Direct Garage Access And A Separate Side Entrance.
- Ideally Located In A Family-Friendly Erin Mills Neighbourhood Close To Schools, Parks, Shopping, Transit And Major Highways.
Welcome To This Beautifully Updated Family Home In The Desirable Erin Mills Community! Offering A Spacious And Functional Layout With Separate Living, Dining And Family Rooms, Featuring A Cozy Fireplace And An Abundance Of Natural Light. Over $100K Spent In Upgrade And Improvements. The Spacious Kitchen Has Been Totally Renovated With New Cabinetry And New Appliances In 2022, Plus A New Range Hood In 2024. Hardwood Flooring Updated In 2022. Finished Basement With Recreation Room, Office/Bedroom, Games Room And 2-Pc Bath, Plus Direct Garage Access And A Separate Side Entrance. The Roof Was Replaced In 2025. Updated Windows In 2024, Including All West-Exposure, Primary Bedroom And Family Room Windows. The Primary Bedroom Features Two Closets And A 5-Pc Ensuite, While The Spacious Bedrooms Offer Plenty Of Room For A Growing Family. Walk Out From The Kitchen To A Huge Garden Patio, Perfect For Outdoor Enjoyment And Entertaining. Ideally Located In A Family-Friendly Erin Mills Neighbourhood Close To Schools, Parks, Shopping, Transit And Major Highways. A Wonderful Opportunity To Own A Move-In Ready Home With Extensive Recent Updates In A Highly Desirable Community!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13885532
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 2500-3000 sq ft
- Lot
- 49.05 × 125.79 ft
- Cross streets
- Glen Erin Dr & Burnhamthorpe
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,727 / 2026
- Days on market
- 5
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
broadloom · separate room
laminate · bay window · combined w/dining
tile floor · centre island · w/o to patio
laminate · 5 pc ensuite · double closet
laminate · semi ensuite · large window
laminate · fireplace · b/i shelves
tile floor · stainless steel appl · granite counters
laminate · california shutters · overlooks frontyard
tile floor · access to garage · side door
tile floor · open concept
laminate · california shutters · combined w/living
laminate · large window · b/i shelves
broadloom · b/i shelves · 2 pc bath
Listed at $1,699,000. 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 $1.68M, if it sells. A realistic range is $1.57M to $1.89M.
Independent value check: $1.64M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.54M and $1.72M).
Why $1.64M. 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 $10,727 a year; the typical home sold here pays about $7,300.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightlyIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
Total price vs nearby homes. Likely closing about $1.68M, from 41 recent closings in this pocket.
The market behind the math:
About 1.8 months of inventory: 25 detached homes for sale in the area against 41 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $618/sqft against an area asking average of $594/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 $1.63M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. 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
Based on 41 comparable homes that sold in Erin Mills over the past two years, from 313 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $567/sqft; this home lists at $618/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.14M | 19 |
| November 2025 | $1.19M | 12 |
| December 2025 | $1.00M | 7 |
| January 2026 | $1.10M | 7 |
| February 2026 | $1.32M | 8 |
| March 2026 | $1.25M | 11 |
| April 2026 | $1.23M | 14 |
| May 2026 | $1.28M | 22 |
| June 2026 | $1.22M | 17 |
| July 2026 | $1.14M | 15 |
| August 2026 | $1.18M | 15 |
| September 2026 | $1.10M | 13 |
Neighbourhood & 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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,359,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,515
- Property tax
- $894
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,409
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Estimated closing costs
- $30,455
Plus your down payment of $339,800. 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
- $450,915
- Principal paid down
- $166,069
- Interest paid
- $284,846
- Balance remaining
- $1,193,131
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 40 whole-home leases in Erin Mills signed at a median of $4,345 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,709. 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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.