Year Built
2002
Low-Rise Condo
Erin Mills Terrace Condos
by The Daniels Corporation
4640 Kimbermount Avenue, Mississauga, ON L5M 5W6
Total Units
64
Avg $/sqft
$432
Storeys
8
Available Units in Erin Mills Terrace Condos
2
Units for sale
From $349,000
0
Units for rent
Live MLS · Updated daily
Overview
Anyone who’s seeking a Mississauga condo for sale should definitely consider Erin Mills Terrace Condos at 4640 Kimbermount Avenue. The Daniels Corporation completed this building back in 2002, but unlike other buildings of that age, maintenance fees are actually quite high at $1.08 per-square-foot. The building is 8 storeys tall and is home to 64 suites. Units start at 575 square feet on the low end, and can go up to 1430 square feet.
Maintenance fees at 4640 Kimbermount Avenue are $1.08 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).
Developer
The Daniels Corporation
Year Built
2002
Property Type
Low-Rise Condo
Storeys
8
Total Units
64
Management
Maple Ridge Community Management
Amenities
Underground Parking
Indoor Pool
Security System
Fitness Centre
Visitor Parking
Party Room
Price History
24 recordsLoading history…
Market Stats
Prices in Erin Mills Terrace Condos are down 24.4% compared to last year.
$432
Avg $/sqft
-24.4%
YoY change
39
Avg days on market
Location & Walkability
Walk Score
66/100
Daily errands on foot
Transit Score
63/100
TTC, GO, subway access
Bike Score
48/100
Bike lanes & infrastructure
Neighbourhood in Mississauga
Central Erin Mills
family-friendly community-oriented suburban diverse
Central Erin Mills is a vibrant neighbourhood in Mississauga. It offers a mix of residential homes, parks, and schools, making it a good place for families.
Strong school ratings with an average of 8.5 Diverse housing options including condos and single-detached homes High immigrant population at 58.8% Median income is $121,729
Mississauga, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Day to dayLivability
8.1
Schools near listings
out of 10 · averaged over 3,737 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$739,900
16% below Mississauga 3% above Ontario
In Central Erin Mills
$739,900
In Mississauga
$879,000
In Ontario
$717,000
Median monthly rent
$2,900/mo
7% above Mississauga 16% above Ontario
In Central Erin Mills
$2,900
In Mississauga
$2,700
In Ontario
$2,500
$909
Per square foot
≈ 21.3 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
143
Median $739,900
Condos 99 · Houses 44
For rent
57
Median $2,900
Recently sold
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Recently leased
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Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Good schools and educational facilities
- Family-friendly environment with many parks
- Diverse community with a mix of cultures
- Variety of housing types available
- Many amenities like grocery stores and restaurants
Keep in mind
- Median home prices are above the city median
- Higher rent costs compared to some nearby areas
The feel of the placeLifestyle
Daily life in Central Erin Mills is active and family-oriented, with plenty of options for recreation and shopping. Residents enjoy a suburban feel with access to urban conveniences.
Great for families first-time buyers immigrants young professionals
Within the boundaryWhat's nearby
The boundary
9.6 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
28
Parks
42
Playgrounds
6
Grocery stores
12
Restaurants
12
Cafés
1
Gyms
1
Libraries
9
Pharmacies
Counted across all 9.6 km² of Central Erin Mills. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
8.5/10
Average rating of the 5 rated schools in this area
10
Elementary
4
Secondary
St Rose of Lima Separate School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
9.9/109.5 over 5 yrs23rd of 3,045 Ontario elementary schools
255 students · EQAO 2024-2025
John Fraser Secondary School
Public · Grades 9–12 · Peel DSB
8.8/1029th of 742 Ontario secondary schools
1,715 students · EQAO 2024-2025
Our Lady of Mercy Elementary School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
8.1/107.5 over 5 yrs299th of 3,045 Ontario elementary schools
225 students · EQAO 2024-2025
Divine Mercy School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
8.0/107.7 over 5 yrs337th of 3,045 Ontario elementary schools
355 students · EQAO 2024-2025
St Aloysius Gonzaga Secondary School
Catholic · Grades 9–12 · Dufferin-Peel CDSB
7.7/107.6 over 5 yrs119th of 742 Ontario secondary schools
1,625 students · EQAO 2024-2025
Caledon Campus
Catholic · Grades JK–12 · Dufferin-Peel CDSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Central Erin Mills, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
36,393
Population (2021)
9.2 km²
Area
3,960
People per km²
42.4
Median age
$121,729
Median income
73%
Own their home
3.1
People per household
12,105
Households
Every age
- Children (under 15)15.0%
- Working age (15–64)68.8%
- Seniors (65+)16.1%
What is built here
- Detached houses43.5%
- Semi-detached3.5%
- Townhouses26.4%
- Duplexes1.7%
- Low-rise apartments1%
- High-rise apartments23.4%
Own or rent
73%Owners
27%Renters
Across 12,105 households
When it was built
Mostly 1991–2000
- 1960 or earlier1%
- 1961–19803%
- 1981–199022%
- 1991–200044%
- 2001–20058%
- 2006–20105%
- 2011–20154%
- 2016–202112%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 58.8%
- Born outside Canada
- 48.6%
- Hold a degree or higher
- 55.1%
- Employment rate
- 8.6%
- Commute by transit
- 85.1%
- Commute by car
- 1.8
- Children per family
- $104,342
- Median income after tax
- $145,321
- Average household income
- 11%
- Living on a low income
- $2,153/mo
- Renters pay, per month
- $1,723/mo
- Owners pay, per month
- $1,039,239
- Median home value at census
- 38.7%
- Renters spending 30%+ of income on housing
- 23.5%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 44 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
