Detached House for sale at 3840 Promontory Crescent, Mississauga, Ontario, L5L 3M2 - Erin Mills - MLS: W13005394

new
for sale
for lease
sold
leased
terminated
expired
suspended

3840 Promontory Crescent

Mississauga, Ontario, L5L 3M2 - Erin Mills

$1,799,000

Neighbourhood

Erin Mills
Major Intersection

Burnhamthorpe Rd W and Promontory Cres

Listed Since: 12 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

4
Basement

Finished + W/O
Kitchen

1
Total Parking

6 (2 Attached Garage)
Lot Size

60.66x131.96 (Feet)
Taxes

$11,455.21 (2025)
Type

Freehold

Property Description

Property description for 3840 Promontory Crescent, Mississauga

Tucked into a quiet cul-de-sac in one of Mississauga's most exclusive enclaves, this exceptional ravine property offers a rare blend of privacy, scale, and lifestyle. Backing directly onto the Credit River ravine, the home delivers a truly private backyard setting with breathtaking, uninterrupted views-an increasingly scarce offering in the city. This elegant two-storey detached residence features a double garage and a grand circular staircase that sets the tone from the moment you enter. Sunlight pours through expansive windows, illuminating the principal rooms and enhancing the warmth of the hardwood flooring throughout (95% carpet-free, with hardwood on main and upper levels and laminate in the finished basement). Designed for both family living and entertaining, the home offers a spacious, family-sized kitchen with panoramic ravine views, a finished walkout basement complete with a wood-burning fireplace and sauna, and direct access to a patio and inground pool overlooking the natural landscape. Two wood-burning fireplaces add character and comfort, while abundant storage ensures practicality without compromise. Recent upgrades include a new furnace (2026) and a 200-amp electrical panel (2026), offering peace of mind and modern efficiency. Perfectly positioned for convenience, the home is just one bus stop to the GO Train, minutes to the University of Toronto Mississauga campus, and surrounded by parks, trails, and family-friendly amenities. A short walk connects you to playgrounds and scenic pathways along the Credit River. A rare opportunity to secure a private court location on a premium ravine lot-where tranquility, prestige, and connectivity come together seamlessly.

Listed by THE MARKET REAL ESTATE INC.

Property details

MLS #

W13005394
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

Inground
Drive

Pvt Double
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13005394
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

Inground
Drive

Pvt Double
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Foyer

2.46 x 3.23 ft Main level

Ceramic Floor, Circular Oak Stairs
Living

5.13 x 3.43 ft Main level

hardwood floor, Bay Window
Dining

3.73 x 3.43 ft Main level

hardwood floor, Bay Window
Kitchen

2.74 x 3.78 ft Main level

Pantry, Pot Lights, Granite Counter
Breakfast

3.73 x 3.78 ft Main level

Ceramic Floor, Combined W/Kitchen, O/Looks Backyard
Family

5.49 x 3.4 ft Main level

hardwood floor, W/W Fireplace, Overlook Patio
Primary

5.13 x 3.51 ft 2nd level

Bay Window, 4 Pc Ensuite, hardwood floor
2nd Br

3.66 x 3.45 ft 2nd level

Window, Closet, hardwood floor
3rd Br

3.58 x 3.45 ft 2nd level

Window, Closet, hardwood floor
4th Br

3.05 x 3.2 ft 2nd level

Window, Closet, hardwood floor
Rec

7.92 x 3.43 ft Lower level

Walk-Out, Stone Fireplace, Sauna
5th Br

6.76 x 3.38 ft Lower level

Laminate, W/O To Yard
Furnace

2.77 x 3.76 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Erin Mills

Active listings

Average Selling Price of a Detached

March 2026

$1,374,514

Last 3 Months

$1,348,904

Last 12 Months

$1,327,985

March 2025

$1,331,499

Last 3 Months LY

$1,410,744

Last 12 Months LY

$1,365,051

Change

-4%

Change

-3%

Historical Average Selling Price of a Detached in Erin Mills

Average Selling Price

3 years ago

$1,339,346

Average Selling Price

5 years ago

$1,395,561

Average Selling Price

10 years ago

$871,404

Change

-2%

Change

58%

Number of Detached Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-42%

Change

-25%

Change

-13%

How many days Detached takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

307%

Change

46%

Change

16%

Average Selling price

Inventory Graph

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.