2126 Millway Gate, Mississauga

Price: $928,888

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13217342

Lovely 3-Bedroom Family Home In The Highly Sought-After Erin Mills Neighborhood. Step Inside To A Stunning Modern Design Featuring A Completely Open-Concept Main Floor Perfect For Family Living And Entertaining. The Custom Kitchen Showcases Granite Countertops And A Walkout To A Beautiful Private Backyard Oasis With A Custom Two-Tier Deck. Additional Living Space In The Finished Basement With Convenient Garage Access Completes This Move-In-Ready Home. Beautiful flooring throughout the main and second floors adds warmth and style to the space.

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$928,888 - 2126 Millway Gate, Mississauga

Detached for Sale in Mississauga

38 days on market

Neighbourhood: Erin Mills

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13217342
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RIGHT AT HOME REALTY
Description

Lovely 3-Bedroom Family Home In The Highly Sought-After Erin Mills Neighborhood. Step Inside To A Stunning Modern Design Featuring A Completely Open-Concept Main Floor Perfect For Family Living And Entertaining. The Custom Kitchen Showcases Granite Countertops And A Walkout To A Beautiful Private Backyard Oasis With A Custom Two-Tier Deck. Additional Living Space In The Finished Basement With Convenient Garage Access Completes This Move-In-Ready Home. Beautiful flooring throughout the main and second floors adds warmth and style to the space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,765.68/mo

Includes CMHC insurance ($25,916)

$
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5%10%50%

5-yr fixed avg.

Principal: $835,999Interest: $567,788
Mortgage Amount$861,915
Total Interest$567,788
Est. Property Tax$658/mo
Total Cost$1,429,703

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • Award-winning master-planned community
  • Excellent schools including top-ranked John Fraser SS
  • Erin Mills Town Centre shopping
  • Extensive parks and trail systems
  • Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • Erin Mills Transitway
  • MiWay bus network
  • Highway 403 access
  • Close to Highway 401 and 407

Parks & Amenities

  • Erin Mills Town Centre
  • Credit Valley Conservation Areas
  • Erin Meadows Community Centre
  • Multiple golf courses nearby
  • Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

2126 Millway Gate, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$658
Insurance (est.)-$194
Net Cash Flow+$1,948

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $844/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About Erin Mills

I know Erin Mills well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2126 Millway Gate, Mississauga | $928,888 | Battaglia Team