4028 Powderhorn Court, Mississauga, ON
Erin Mills, Mississauga · MLS® W14084524
About this home
In short
- A brilliant celebration of light, space, and architectural innovation, this extraordinary four-level estate spans over 5,500 sq. ft. of custom finished living space.
- Dramatic stacked fireplaces in slate, copper, and stainless steel connect a 20-foot-high office to a vaulted loft overlooking treetops with skyline views as far as...
- The home offers 4+1 bedrooms and 6 bathrooms, including vaulted ceilings in two bedrooms and a mini-loft in a third bedroom.
- Backing onto a lush ravine and its meandering Mullet Creek, the stunning $500K landscaping harmoniously merges the property with greenery beyond its glass fence.
- Exterior features include hand-cut limestone walls, stone pathways, and an outdoor oasis that has a 32'x10' heated saltwater pool, retractable safety cover...
A brilliant celebration of light, space, and architectural innovation, this extraordinary four-level estate spans over 5,500 sq. ft. of custom finished living space. Over $1M was spent transforming the interior redesign. Dramatic stacked fireplaces in slate, copper, and stainless steel connect a 20-foot-high office to a vaulted loft overlooking treetops with skyline views as far as Mississauga City Centre. Chef's kitchen features Imperial Green granite, two Sub-Zero fridges, new induction stove, an integrated island dining table, a 3-tier coffee bar and a walk-out to a glass-railed balcony with built-in BBQ. Ten skylights, bay windows, and an 18-light chandelier bathe the house with light. The home offers 4+1 bedrooms and 6 bathrooms, including vaulted ceilings in two bedrooms and a mini-loft in a third bedroom. Natural cherry, maple, and purple heart flooring includes design inlays that connect the bedrooms. Walk-out lower level includes an in-law suite, recreation/gym area, great storage, and a 48-bottle wine rack. Backing onto a lush ravine and its meandering Mullet Creek, the stunning $500K landscaping harmoniously merges the property with greenery beyond its glass fence. Exterior features include hand-cut limestone walls, stone pathways, and an outdoor oasis that has a 32'x10' heated saltwater pool, retractable safety cover, waterfalls, water shear, and a three-season Lanai with gas fire pit and Phantom screens. This unique home offers turn-key luxury living in prestigious Sawmill Valley, steps to top schools, trails, parks and Credit Valley Hospital.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W14084524
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 44.81 × 112.2 ft
- Cross streets
- Erin Mills Pkwy/ Folkway Dr
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $13,740 / 2026
- Listing brokerage
- HODGINS REALTY GROUP INC.
Rooms
wet bar · skylight · window floor to ceiling
juliette balcony · track lighting · picture window
pot lights · b/i shelves · b/i fridge
4 pc bath · walk-in closet(s) · pot lights
pot lights · large window
3 pc ensuite · skylight · walk-in closet(s)
fireplace · picture window · pot lights
floor/ceil fireplace · picture window · skylight
french doors · large window · hardwood floor
hardwood floor · bay window · pot lights
4 pc bath · hardwood floor · large window
2 pc ensuite · walk-out · b/i shelves
centre island · breakfast area · w/o to deck
bay window · hardwood floor · ceiling fan(s)
2 pc ensuite · w/o to pool · curved stairs
walk-in closet(s) · 5 pc ensuite · large window
skylight · large window · pot lights
Listed at $1,999,800. 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 $1.97M, if it sells. A realistic range is $1.85M to $2.22M.
Independent value check: $2.26M. Without looking at the asking price, our model values the home itself about 13% above the ask (homes like it typically land between $2.12M and $2.37M).
Why $2.26M. 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 $13,740 a year; the typical home sold here pays about $7,300.
- ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it4+1 bedrooms and 6 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $1.97M, from 41 recent closings in this pocket.
The market behind the math:
About 3.4 months of inventory: 47 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 $471/sqft against an area asking average of $614/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the 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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.96M. 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
- 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Erin Mills, so I widened the search to the surrounding area.
Based on 41 comparable homes that sold in Erin Mills over the past two years, from 313 closings there.
For sale
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For saleNothing 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 $2.26M, which is where my estimate comes from.
Per square foot, these ask about $583/sqft; this home lists at $471/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 $1,599,840 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,846
- Property tax
- $1,145
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,991
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,471
- Estimated closing costs
- $36,471
Plus your down payment of $399,960. 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
- $530,747
- Principal paid down
- $195,471
- Interest paid
- $335,276
- Balance remaining
- $1,404,369
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 8 whole-home leases in Erin Mills signed at a median of $5,356 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,792. 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 HODGINS REALTY GROUP INC.. MLS®/PropTx.