5179 Elmridge Dr
Central Erin Mills, Mississauga, L5M 5A4
FOR SALE
$3,149,000
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BEDROOMS6
BATHROOMS1
KITCHENS12
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Property Description
Welcome to 5179 Elmridge Drive, an exquisite sanctuary nestled in one of Mississauga's most coveted communities off The Chase. This 4,530sqft luxury home offers refined living on a ravine lot, boasting five spacious bedrooms, six bathrooms, a three-car garage with new doors, a freshly sealed interlock driveway and lush irrigated landscaping. A new roof (2024) offers lasting peace of mind. Step inside to discover a world of elegance with a sunken living room and family room, both featuring 10-foot ceilings, crown moldings, with gas & wood fireplaces respectively. The gourmet kitchen is a chef's dream, outfitted with granite counters, built-in appliances, dining space, walk-in pantry and ample cabinetry. The kitchen opens into a charming octagonal dining room, a perfect space for hosting memorable gatherings with family & friends. A sophisticated main floor office provides an ideal remote workspace with a tranquil view outdoors. The second floor showcases new vinyl flooring (2024), leading you to a stunning master haven overlooking the ravine with a 5-piece ensuite bath, deep walk-in closet, and grand layout. Two of the additional bedrooms include their own 4-piece ensuites, perfect for guests or family members. The finished basement elevates your living space with a vast recreation area, a cozy gas fireplace, a dedicated home gym, and a plethora of storage. Outside, an oasis awaits! Several Canadian & Spanish pines trees frame the yard giving full privacy from the next door neighbors. A sprawling deck provides scenic ravine views, making this the perfect space for outdoor entertaining or relaxation. 5179 Elmridge Drive is more than a home; its a lifestyle of comfort, luxury & serenity. Experience the ultimate in convenience of being in the heart of Central Erin Mills, with EMTC, Credit Valley Hospital, major highways (403, 401, and 407), Streetsville GO, top-rated high schools (Gonzaga CSS and John Fraser SS), UTM, grocery stores, and so much more just minutes away!
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Extras
Erin Mills Town Centre, Credit Valley Hospital, major highways (403, 401, and 407), Streetsville GO, top-rated high schools (St. Aloysius of Gonzaga CSS and John Fraser SS), UTM, grocery stores, and so much more are just minutes away!
Nearby Intersections
Eglinton & Erin Mills (112)
Property Features
Fenced Yard, Hospital, Park, Ravine, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
84' x 150'
Acreage
< .50
Fronting
North
Taxes
$12,750 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Breakfast | Main | 15.65' x 19.62' | Tile Floor, Pantry, O/Looks Ravine |
| Dining | Main | 15.91' x 15.88' | Hardwood Floor, Crown Moulding, Coffered Ceiling |
| Family | Main | 13.48' x 19.85' | Hardwood Floor, Fireplace, O/Looks Ravine |
| Kitchen | Main | 16.54' x 16.83' | Tile Floor, Breakfast Area, O/Looks Ravine |
| Laundry | Main | 15.58' x 10.20' | Tile Floor, Access To Garage |
| Living | Main | 13.91' x 20.73' | Hardwood Floor, Gas Fireplace, Crown Moulding |
| Office | Main | 13.68' x 12.89' | Hardwood Floor, O/Looks Ravine, Pot Lights |
| Prim Bdrm | 2nd | 31.23' x 19.88' | Vinyl Floor, 5 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 14.90' x 18.34' | Vinyl Floor, 4 Pc Ensuite, Double Closet |
| 3rd Br | 2nd | 17.95' x 18.01' | Vinyl Floor, 4 Pc Ensuite, W/I Closet |
| 4th Br | 2nd | 13.85' x 16.27' | Vinyl Floor, Double Closet |
| 5th Br | 2nd | 14.01' x 11.94' | Vinyl Floor, Closet |
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Mississauga Market Statistics
Mississauga Price Trend
5179 Elmridge Dr is a 5-bedroom 6-bathroom home listed for sale at $3,149,000, which is $1,077,134 (52.0%) higher than the average sold price of $2,071,866 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $278,265 (11.8%) compared to the previous 30 day period (September 21 - October 20) and up $196,009 (10.4%) from the same time one year ago.Inventory Change
There were 27 5-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 20.6% compared with the previous 30 day period (September 21 - October 20) and down 10.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($133,792) (6.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $55,113 increase compared to the previous 30 day period (September 21 - October 20) and ($180,099) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 40.7%, up from 23.5% over the previous 30 days (September 21 - October 20) and up from 23.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Mississauga stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Signature Realty
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