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New8 hours ago

2489 Olinda Court

Erindale, Mississauga

$2,000,000

Detached|2-Storey
5 | 6 | 15
About this home

Grand one-of-a-kind custom estate, offering over 7,000 sq. ft. of luxurious living space on an expansive almost half-acre lot in highly desirable Erindale community of Mississauga** A soaring 22-ft open-to-above entrance sets an impressive first impression, featuring custom cast-iron railings and rich cherry hardwood flooring that continue throughout the home** Gourmet kitchen features two oversized islands, granite counters, premium built-in stainless-steel appliances and bright breakfast area overlooking the private backyard** The spectacular family room boasts dramatic open-to-above ceilings, custom built-ins, gas fireplace & oversized windows that fill the space with natural light** The main-floor primary bedroom offers exceptional privacy and comfort, complete with a fireplace, luxurious 6 pc ensuite, walk-in closet, and direct access to a private retreat room (home office/room)** Upstairs 4 generously sized bedrooms feature walk-in closets and ensuite access, surrounding a stylish study loft with custom built-in cabinetry** Step outside to your own private resort-style backyard, complete with an inground pool, enclosed hot tub, large entertaining deck, and mature landscaping. Three Car Garage & an expansive driveway accommodating up to 12 vehicles** Generous side yard offering exceptional space for outdoor recreation** Fully finished basement includes 3 bedrooms, 2 baths with separate entrance & modern kitchen (currently rented for $2500/month) and other side has a theatre with high end equipment & sound system, mirrored gym and recreation area-ideal for extended or multi-generational living** Close to Trillium Health Partners Hospital, Square One, highly regarded schools, shopping, dining, public transit, and major highways including the QEW and Hwy 403** A remarkable estate offering space, privacy, luxury, and an enviable location.

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$19,313
Lot Size213.83 ft x 147.34 ft
mls© NumberW13829738
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,237
Property tax
$1,609
Heat allowance
$150
Housing costs
$11,996 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $400,000
25-yr amortization

Income needed

$369,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$400,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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