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5240 Elmridge Drive

5240 Elmridge Drive

Mississauga, ON

  • 5 bed
  • 6 bath
  • approx. 3500-5000 sqft
  • Detached
  • 41 days on market
$2,699,999Price reduced 5%

Absolutely stunning executive estate in prestigious Credit Mills, set on a premium 73.5' x 168' lot with over 6,000 sq.ft of finished living space and more than $300,000 in high-quality 2017 renovations. Designed for luxurious family living and elegant entertaining, this home showcases timeless craftsmanship, refined finishes, and thoughtful custom details throughout.The chef-inspired kitchen features premium Kitchen-Aid appliances, elegant finishes, and excellent functionality. A dramatic two-storey foyer with motorized crystal chandeliers creates a memorable first impression, while the open ceiling hallway captures beautiful backyard views. A private main-floor office with custom built-in shelves offers an ideal work-from-home space.All four bathrooms have been beautifully renovated with high-end finishes. The luxurious primary suite includes a spa-inspired ensuite and generous walk-in closet, while spacious secondary bedrooms offer convenient Jack-and-Jill access. Custom storage throughout the upper level and basement adds everyday practicality.The professionally finished basement is perfect for entertaining, with gas and electric fireplaces, an elegant wet bar, abundant storage, and versatile living areas. Outside, a resort-style backyard oasis features professional landscaping, extensive interlocking over a concrete base, a remote-controlled pergola with integrated lighting and automated privacy curtains, landscape lighting, and Wi-Fi-controlled sprinkler/irrigation.Additional highlights include extensive crown moulding, premium finishes, a 24/7 security system with eight cameras, a multi-zone alarm, parking for up to 12 vehicles, and an oversized three-car garage. Located in the sought-after John Fraser Secondary School catchment, minutes from top schools, Credit Valley Hospital, Erin Mills Town Centre, parks, and major highways, this exceptional residence offers luxury, comfort, and timeless elegance in one of Mississauga's most desirable neighbourhoods.

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Listing Details

Taxes (2025)
$14,278
Originally Listed
$2,850,850
Listed
August 10, 2026

Price History

Property

Style
2-Storey
Age
31-50
Construction
Brick
Roof
Slate
Foundation
Concrete, Concrete Block
Interior
Air Exchanger, Auto Garage Door Remote, Carpet Free, In-Law Capability, Storage, Water Heater, Water Meter, Storage Area Lockers, Ventilation System, Water Heater Owned
Lot Size
77.39 x 168.83 Feet

Parking

Garage
Built-In
Covered Spaces
3
Total Parking
12

Utilities

Water
Water System
Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Mississauga Rd/ Eglinton
Zoning
Residential (R2)
Parcel Number
135010070
Possession
60-89 days
Occupancy
Owner

Included

Inclusions
Kitchen-Aid Fridge, Gas Stove, Micro-wave, Range-Hod, B/I Dishwasher(new 2026), Washer & Dryer(Samsung), Motorized Chandelier, Garage Doors opener, Water Heater, All Elf's,Window Coverings, Security System, Irrigation & Sprinkler System, Mounted Tv In Master Bedroom, Billiard Table.
Rental Items
Furnace & air Conditioner (Reliance), alarm system (Roger)

Schools

Elementary

  • St Rose of Lima Separate School1.1 km

    Catholic · Dufferin-Peel CDSB · 255 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 89% met the provincial standard

  • St Joseph Separate School1.3 km

    Catholic · Dufferin-Peel CDSB · 300 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • Middlebury Public School1.4 km

    Public · Peel DSB · 580 students

    Grade 3 reading: 83% met the provincial standard

Secondary

  • John Fraser Secondary School1.4 km

    Public · Peel DSB · 1715 students

    Grade 10 literacy: 95% met the provincial standard

  • Streetsville Secondary School1.5 km

    Public · Peel DSB · 810 students

    Grade 10 literacy: 91% met the provincial standard

  • St Aloysius Gonzaga Secondary School1.7 km

    Catholic · Dufferin-Peel CDSB · 1625 students

    Grade 10 literacy: 89% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L5M

Population
106,468
Private dwellings
33,246
Median age
39.6
Average household size
3.3
Median household income
$118,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Mississauga · last 12 months

Median sold price
$869,712
Homes sold
5,378
Median days on market
24
Sale-to-list price
97.5%

Based on 5,378 recorded sales of residential freehold properties in Mississauga over the last 12 months.

Rooms

2-piece on Main, 2 × 5-piece on Second, 4-piece on Second, 4-piece on Basement, 3-piece on Basement

Second

  • Bedroom 219'5" x 17'5"
  • Bedroom 318'4" x 12'9"
  • Bedroom 416'4" x 11'7"
  • Primary Bedroom20'9" x 17'10"

Main

  • Dining Room16'11" x 14'3"
  • Family Room17'10" x 12'5"
  • Kitchen17'1" x 22'8"
  • Living Room14'8" x 11'7"
  • Office14'2" x 10'7"

Basement

  • Bedroom 524'1" x 11'4"
  • Game Room23'2" x 17'10"
  • Media Room18'2" x 15'1"

Listed by

INTERNATIONAL REALTY FIRM, INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$540,000

Estimated Monthly Payment

$13,264

Land transfer tax

Estimated land transfer tax$53,975

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $13,264/mo (20% down, 5.5%)

Taxes: $1,190/mo · Insurance: $675/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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