4240 Thom Gardens, Mississauga

Price: $850,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W14111842

Opportunity knocks in desirable Erin Mills! Welcome to 4240 Thom Gardens, a spacious 3-bedroomfreehold semi-detached home offering over 2,000 sq. ft. of finished living space and incredible potential for first-time buyers, renovators and investors alike. Bring your vision and transform this well-laid-out home to suit your own style while building value in an established, family-friendly Mississauga neighbourhood. The main level features a generous living room with hardwood flooring, plus a functional kitchen with breakfast area. Upstairs, you'll find three large bedrooms, including a spacious primary bedroom with walk-in closet. The finished basement provides even more flexible living space - ideal for a recreation room, home office, gym or additional family space. No carpeting throughout. Outside, enjoy a fully fenced backyard offering privacy and plenty of possibilities for your own outdoor oasis, plus a large driveway with parking for at least two vehicles. An excellent opportunity to renovate to your taste rather than pay a premium for someone else's finishes. All of this in a prime Erin Mills location, minutes from Erin Mills Town Centre, Credit Valley Hospital, public transit, Streetsville GO, parks, shopping and major highways. Whether you're looking for your first home, your next renovation project or an investment opportunity, 4240 Thom Gardens offers the space, location and potential to make it your own. Don't miss this chance to unlock the possibilities in one of Mississauga's most desirable communities!

4240 Thom Gardens - Semi-Detached photo 1 of 1 in Mississauga, Ontario
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$850,000 - 4240 Thom Gardens, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed today

Neighbourhood: Erin Mills

3Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached

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Property Details
MLS Number
W14111842
Property Type
Semi-Detached
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Lot Size
3,337 sqft
Taxes (2025)
$5,521
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Opportunity knocks in desirable Erin Mills! Welcome to 4240 Thom Gardens, a spacious 3-bedroomfreehold semi-detached home offering over 2,000 sq. ft. of finished living space and incredible potential for first-time buyers, renovators and investors alike. Bring your vision and transform this well-laid-out home to suit your own style while building value in an established, family-friendly Mississauga neighbourhood. The main level features a generous living room with hardwood flooring, plus a functional kitchen with breakfast area. Upstairs, you'll find three large bedrooms, including a spacious primary bedroom with walk-in closet. The finished basement provides even more flexible living space - ideal for a recreation room, home office, gym or additional family space. No carpeting throughout. Outside, enjoy a fully fenced backyard offering privacy and plenty of possibilities for your own outdoor oasis, plus a large driveway with parking for at least two vehicles. An excellent opportunity to renovate to your taste rather than pay a premium for someone else's finishes. All of this in a prime Erin Mills location, minutes from Erin Mills Town Centre, Credit Valley Hospital, public transit, Streetsville GO, parks, shopping and major highways. Whether you're looking for your first home, your next renovation project or an investment opportunity, 4240 Thom Gardens offers the space, location and potential to make it your own. Don't miss this chance to unlock the possibilities in one of Mississauga's most desirable communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.94/mo

Includes CMHC insurance ($23,715)

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5%10%50%

5-yr fixed avg.

Principal: $765,000Interest: $519,567
Mortgage Amount$788,715
Total Interest$519,567
Est. Property Tax$602/mo
Total Cost$1,308,282

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

4240 Thom Gardens, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,021

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

Competitive Pricing

At $567/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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    4240 Thom Gardens, Mississauga | $850,000 | Battaglia Team