Year Built
2009
Mid-Rise Condo
Papillon Place III Condos
by Pemberton Group
4850 Glen Erin Drive, Mississauga, ON L5M 7S1
Total Units
207
Avg $/sqft
$703
Storeys
19
Available Units in Papillon Place III Condos
0
Units for sale
1
Unit for rent
From $2,925/mo
Live MLS · Updated daily
Overview
Located at 4850 Glen Erin Drive, Papillon Place III Condos is a 19-storey condo containing 207 units. These Mississauga condos for sale were completed in 2009 with units starting at 543 square feet, ranging up to 963 square feet. What makes a Central Erin Mills condo for sale most appealing is all that the neighbourhood has to offer.
This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 72. Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.63 per-square-foot.
Developer
Pemberton Group
Year Built
2009
Property Type
Mid-Rise Condo
Storeys
19
Total Units
207
Management
Meritus Group Management Inc.
Amenities
Underground Parking
Rec Room
Indoor Pool
Games Room
Fitness Centre
Visitor Parking
Party Room
24/7 Concierge
Price History
97 recordsLoading history…
Market Stats
Prices in Papillon Place III Condos are down 18.0% compared to last year.
$703
Avg $/sqft
-18.0%
YoY change
48
Avg days on market
Location & Walkability
Walk Score
72/100
Daily errands on foot
Transit Score
65/100
TTC, GO, subway access
Bike Score
53/100
Bike lanes & infrastructure
Neighbourhood in Mississauga
Central Erin Mills
family-friendly community-oriented suburban
Central Erin Mills is a family-friendly neighbourhood in Mississauga. It offers a good mix of homes, schools, and parks.
Strong school ratings with an average of 8.5 Diverse housing options including condos and detached homes Many parks and playgrounds for outdoor activities High percentage of immigrant residents at 58.8% Good median income of $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 3,719 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
$749,999
16% below Mississauga 5% above Ontario
In Central Erin Mills
$749,999
In Mississauga
$888,000
In Ontario
$714,900
Median monthly rent
$2,913/mo
8% above Mississauga 17% above Ontario
In Central Erin Mills
$2,913
In Mississauga
$2,700
In Ontario
$2,500
$909
Per square foot
≈ 21.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
139
Median $749,999
Condos 94 · Houses 45
For rent
68
Median $2,913
Recently sold
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Recently leased
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Market data as of 2026-10-18. 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
- Great schools for families and children
- Variety of amenities including grocery stores and gyms
- Community feel with a population density of 3959.6 per km²
- Majority of homes are owner-occupied at 73%
Keep in mind
- Median home prices are above the city average
- Higher rental prices compared to the city median
- Commute relies heavily on cars, with 85.1% driving
The feel of the placeLifestyle
Daily life in Central Erin Mills is vibrant and community-oriented, with many families enjoying local parks and schools.
Great for families first-time buyers 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 2026-10-19.
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)
