Fabulous 2-Bedroom Stacked Townhouse in the highly sought-after Central Erin Mills community! This bright and functional home features a large eat-in kitchen with ample cabinetry and counter space, perfect for everyday living. The open concept living and dining area is filled with natural light and offers a 3-panel patio door leading to a charming Juliette balcony. A convenient 2-piece powder room completes the main level. Upstairs, you'll find 2 generously sized bedrooms, a 4-piece bathroom, second-floor laundry, and a large linen closet. The primary bedroom features a walk-out to a private balcony. Unbeatable location just steps to top-ranked John Fraser & St. Aloysius Gonzaga schools, Erin Mills Town Centre, Credit Valley Hospital, Erin Meadows Community Centre, parks, trails, restaurants, grocery stores, public transit, and more. Easy access to Highways 403 & 407 makes commuting a breeze.
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $630 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 2891 Rio Crt #97
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Stacked Townhouse
Living space
1000-1199 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Stacked Townhouse
Property class
Condo Townhouse
2891 Rio Crt #97 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,095
/mo
based on the purchase price of $629,900
$125,980 cash
$503,920 financed
$424,433 total interest
Principal54%$503,920
Interest46%$424,433
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 2–3 bed homes for sale in Mississauga around $630K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings2,947Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 23 – Jul 22, 2026: prices up.
Based on 2,200 sales from Jul 22 – Oct 20, 2026 (1,571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale · 2 for rent at 2891 Rio Crt — plus its sale and lease history.
2891 Rio Crt #97 is listed at $629,900 (MLS® W12958358). Summitly updates the price as soon as the MLS® record changes.
Is $629,900 a good price for 2891 Rio Crt #97?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2891 Rio Crt #97 changed?
Yes — it was first listed at $649,900 and is now $629,900, a drop of $20,000 (3.1%).
How many bedrooms and bathrooms does 2891 Rio Crt #97 have?
2891 Rio Crt #97 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo townhouse in Mississauga.
Is 2891 Rio Crt #97 close to transit?
The nearest rapid-transit station is Streetsville GO Station (Milton GO), about 2.7 km in a straight line. Erindale GO Station is about 4.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 2891 Rio Crt #97?
About $3,095 a month — principal and interest on $629,900 with 20% down ($125,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2891 Rio Crt #97 compare with other homes in Mississauga?
Its asking price of $629,900 is about 28% below the median sold price in Mississauga over the last 90 days, $880,000, across 2,200 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2891 Rio Crt #97 been sold before?
Summitly has no earlier MLS® sale or lease of 2891 Rio Crt #97 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2891 Rio Crt #97?
2891 Rio Crt #97 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2891 Rio Crt #97 been on the market?
198 days — 2891 Rio Crt #97 was listed on April 5, 2026.
What is the price per square foot of 2891 Rio Crt #97?
About $525 to $630 per square foot: the asking price of $629,900 over the 1,000–1,199 sq ft the listing gives as its size range.
