Your real estate agent in Mississauga
May 23rd, 2017 
Randy Selzer
Sales Representative



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Credit Mills Homes

An overview of Credit Mills Homes & Prices

the most expensive homes in Mississauga - part 6

Credit Mills Real Estate

Credit Mills Location

Credit Mills is a fairly recent addition to the list of luxury neighborhoods in Mississauga. Largely built during the 1990's, Credit Mills, while lacking the extensive tree canopy that is found in many of the older Mississauga areas, has something that they don't have - newer housing stock, with all the incredible luxury features that demanding homeowners want today. Here you will find homes for sale with features such as triple (3) car garages, ensuite bathrooms in every bedroom, vaulted ceilings in "great rooms", incredible kitchens with massive counter and cupboard space, and much more. Credit Mills is technically part of Streetsville, and is nestled between Mississauga Road to the east, and Erin Mills Parkway to the west, with its southernmost boundary at Eglinton Ave where it blends into an area known as The Chase, and its northern edges just south of Britannia Road at McFarren Blvd.

Most of these newer-built homes in Credit Mills are large - often 3000 square feet and up, and they are situated on lots that, while not as massive as those in older areas, still offer plenty of space for growing families.

disclosure: photos in this neighbourhood profile are for informational purposes only, and are not meant to portray or imply in any way, that these properties are for sale. 

Credit Mills Luxury Homes

triple car garage in Credit Mills

Credit Mills is a relatively compact area with only a few streets, and with a distinctive look that separates it from other areas of Streetsville and Erin Mills. Driving north from Eglinton along Mississauga Road, the large homes become immediately apparent, and this perception continues as you proceed west along Erin Centre Blvd.

 

Credit Mills

large homes with big square footage

Streets in Credit Mills

Streets in Credit Mills include Erin Centre Blvd., Forest Hill Drive, Manor Hill Drive, Robinwood Court, Silverwood Drive, and Barbertown Road. There are several small court locations with some of the biggest, and most expensive homes - Tiffany Court, Hilton Court, and Rothesay Court, to name a few. There are a few forested areas, such as Bonnie Brae Park, Erin Woods Park, and F.B. McFarren Memorial Park, providing welcome respite from the urban experience of life in the city.

Credit Mills Bungalow

Credit Mills bungalow on a quiet court

New Home Construction in Credit Mills

While the majority of homes in Credit Mills were constructed during the 1990's, there are still a few lots where builders are active. See the form at the bottom of this page for more info.

 

Credit Mills House Prices

Credit Mills homes are not in the budget range. Nevertheless, this exclusive neighbourhood has enjoyed steady activity during the past year, with 19 firm sales reported through the Toronto Real Estate Board MLS during 2016:

 

Address Asking Price Sold Date Bedrooms Bathrooms
2299 London Mist    $999,000 09/19/16 4 3
5053 Forest Hill $1,200,000 03/09/16 4 4
5186 Elmridge $1,550,000 08/23/16 4+1 3
5092 Elderview $1,699,000 05/20/16 5+1 5
5056 Elderview $1,699,000 06/28/16 5+1 4
5116 Elderview $1,699,999 07/26/16 5+2 6
2257 Manor Hill $1,750,000 07/02/16 5+1 6
5265 Forest Ridge $1,750,000 06/13/16 5+1 6
5336 Forest Hill $1,788,000 02/18/16 5 4
5179 Rothesay $1,799,900 06/11/16 4+3 6
5044 Elderview $1,849,900 10/12/16 5+2 6
5029 Forest Hill $1,875,000 05/16/16 4+2 6
5081 Montclair $1,950,000 05/30/16 5 6
5033 Summersky $1,988,888 03/03/16 4 5
5075 Summersky $1,999,999 11/23/16 6 6
5225 Elmridge $2,199,850 10/06/16 4+1 5
5380 Foxmill $2,250,000 03/16/16 5 5
5236 Rothesay $2,388,000 11/30/16 4+1 5
5368 Foxmill $2,588,000 10/25/16 5 7

 

Additional Stats for Credit Mills in 2016:

Average Asking Price: $1,843,444

Average Sold Price: $1,796,374

Average days on the market: 18

Average percentage Sold Price to Asking Price: 98%

You can see that prices have ranged between one and 2.5 million dollars for these luxury homes. When you compare prices of these large homes to other premium areas in Mississauga, Credit Mills is comparatively a good bargain, especially when you consider that these newer properties include so many of the luxury features that older homes do not . Adding to the attractiveness of the area is its good location -commuting time to Erin Mills Town Centre shopping mall is about five minutes by car, and to the Credit Valley Hospital also about five minutes away. Credit Mills is situated nearly equidistant between the 401 and 403 highways, making commuting relatively easy. The nearest GO Train station in the area is Streetsville, on the Milton Line. Credit Mills is also blessed with excellent schools, including John Fraser Secondary School, which is one of the highest ranked schools in the Greater Toronto area, and indeed in all of Ontario.

 

Mississauga Credit Mills homes

Mississauga luxury real estate in Credit Mills

 

Thus ends our short overview and photo tour of Credit Mills, location to some of Mississauga's finest and most expensive properties. We hope you have enjoyed the tour, which completes part 6 of our ongoing series on the luxury neighbourhoods of the City of Mississauga. For more information on Credit Mills, see below.

Mississauga Mansion Credit Mills

"Enjoying the good life in Credit Mills"

 

"Get More Information..."

Interested in the luxury homes of Credit Mills?  We can provide you with much more important information, including:

 

  • active listings of all homes for sale, because whether you are thinking of buying, or selling, when you have a COMPLETE PICTURE of all the homes for sale, you will be able to compare homes and prices at a glance, from the comfort of your computer at home

 

 

  • information on nearby places of worship, helping you to determine the distance to the church, temple, synagogue, or mosque of your choice

 

 

 

  • information on nearby schools, so you will know what education options are nearby, for public, separate, private, and french immersion schools. That way you can make an INFORMED CHOICE on location that won't compromise your children's current and future schooling

 

 

 

  • neighbourhood shopping information, so you can gauge the convenience of the neighbourhood and plan for a location which provides you with the shops and services you want

 

 

 

  • transit options, so you will know how to access nearby public transportation, and also plan the best route for commuting by car to your workplace

 

 

 

 

 

 

REGISTER NOW to get the information you want on Credit Mills real estate, it's easy, and there is no cost or obligation.

Real Estate Quest

 

 




 

Part 6: The Most Expensive Neighbourhoods in Mississauga

 

 

 

author: Randy Selzer

 

category: homes in Credit Mills, Credit Mills real estate, Credit Mills homes for sale, luxury homes in Mississauga, expensive homes in Mississauga

 

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