5240 Elmridge Drive, Mississauga, ON L5M 5A4
Central Erin Mills, Mississauga · Near Mississauga Rd/ Eglinton · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 6
- Kitchens
- 1
- Rooms
- 10
- Basement
- Finished
- Lot size
- 77.4 x 168.8 ft
- Faces
- West
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Built-In
- Garage spaces
- 3
- Driveway spaces
- 9
- Total parking
- 12
- Parking features
- Private
Taxes & other
- Property taxes
- $14,278/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- 1st Sept 2026
- Cross street
- Mississauga Rd/ Eglinton
- Neighbourhood
- Central Erin Mills
More
- Price per sq ft
- ~$635 (at 4,250 sq ft)
- MLS® number
- W13680412
No matching details. Ask Will instead
The home and its surroundings
- Air Exchanger
- Auto Garage Door Remote
- Carpet Free
- In-Law Capability
- Storage
- Water Heater
- Water Meter
- Storage Area Lockers
- Ventilation System
- Water Heater Owned
- Fenced Yard
- Hospital
- Park
- Place Of Worship
- School
- Rec./Commun.Centre
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5240 Elmridge Drive, Mississauga, ON L5M 5A4
Central Erin Mills, Mississauga · Near Mississauga Rd/ Eglinton
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 5240 Elmridge Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 5240 Elmridge Drive
Answers come straight from this home’s MLS® listing.
How much is 5240 Elmridge Drive listed for, and what would it cost each month?
5240 Elmridge Drive is listed for $2,699,999. With 20% down ($540,000), the mortgage payment would be roughly $10,891 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,081 a month, all in. That figure is an illustration, not a quote.
Is 5240 Elmridge Drive freehold or a condo, and is there a monthly fee?
5240 Elmridge Drive is a 2-storey detached home in Central Erin Mills, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 5240 Elmridge Drive have?
5240 Elmridge Drive has 4 bedrooms, plus 1 more bedroom in the basement, and 6 bathrooms.
Does 5240 Elmridge Drive have a garage and parking?
Yes. The listing shows the garage as built-in, with room for 3 cars. The driveway adds 9 spaces. In total the listing counts 12 parking spaces.
Does 5240 Elmridge Drive have a finished basement?
The listing describes the basement as finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 5240 Elmridge Drive?
5240 Elmridge Drive is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 5240 Elmridge Drive, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 77.4 x 168.8 ft.
How is 5240 Elmridge Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5240 Elmridge Drive?
Property taxes are $14,278 a year (2025), or about $1,190 a month.
Where is 5240 Elmridge Drive?
5240 Elmridge Drive is in the Central Erin Mills community of Mississauga. The nearest main intersection is Mississauga Rd/ Eglinton. The postal code is L5M 5A4.
Is 5240 Elmridge Drive still for sale?
Yes. It is an active listing (MLS® W13680412). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 5240 Elmridge Drive asking?
Similar detached homes for sale nearby right now include 1959 Barbertown Road at $2,699,000 (4 bed), 1918 Royal Credit Boulevard at $2,499,900 (4+4 bed) and 5109 Elderview Court at $2,488,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5240 Elmridge Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5240 Elmridge Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Central Erin Mills, picked by style, size and price.
2-storey detached home$2,699,0001959 Barbertown Road, Mississauga4 bed · 5 bath · Central Erin MillsCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
2-storey detached home$2,499,9001918 Royal Credit Boulevard, Mississauga4+4 bed · 7 bath · Central Erin MillsCourtesy of: REALTY ONE GROUP DELTAView home →
2-storey detached home$2,488,0005109 Elderview Court, Mississauga4+1 bed · 5 bath · Central Erin MillsCourtesy of: SAM MCDADI REAL ESTATE INC.View home →Courtesy of: INTERNATIONAL REALTY FIRM, INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.