CondoListed 5 days ago

4640 Kimbermount Ave #408, Mississauga

Name: 4640 Kimbermount Avenue, Unit 408
SKU: W14170348
Price: 349000 CAD
Availability: InStock

Mississauga, ON · L5M 5W6 · MLS® W14170348Updated November 11, 2026

$349,000Est. $1,715/mo mortgage

Bedrooms: 1
Bathrooms: 1
Living space: 500–599sq ft
Parking spaces: 1

Type Condo
Basement None

What you should know

4640 Kimbermount Ave #408 is a 1-bedroom, 1-bathroom condo in Mississauga, listed for $349,000. It has 500-599 sq ft of living space.

The thoughtfully designed living and dining area offers a comfortable space for everyday living and entertaining.
Situated in an intimate 8-storey, 64-suite building, residents enjoy fantastic amenities including an indoor pool, party and social room, guest suites, visitor parking and a full-time live-in superintendent.
Underground parking and a storage locker add even more value.

Ask Zara:

1 Bed, 1 Bath Condo in Mississauga

Unit 408 at 4640 Kimbermount Avenue

Welcome to Terraces at Erin Mills, a sought-after adult lifestyle condominium community offering comfort, convenience and easy, independent living! This bright, beautifully maintained one-bedroom suite features an inviting open-concept layout, attractive modern flooring with no carpeting throughout, and a spacious private balcony, perfect for enjoying your morning coffee or relaxing outdoors. The thoughtfully designed living and dining area offers a comfortable space for everyday living and entertaining. Situated in an intimate 8-storey, 64-suite building, residents enjoy fantastic amenities including an indoor pool, party and social room, guest suites, visitor parking and a full-time live-in superintendent. Connected to Amica Erin Mills, the community offers access to optional dining and wellness services for added convenience. Maintenance fees include heat, water, air conditioning, cable TV and high-speed internet. Underground parking and a storage locker add even more value. Ideally located just steps from Erin Mills Town Centre, Credit Valley Hospital, restaurants, grocery stores and public transit. An exceptional opportunity to enjoy a low-maintenance lifestyle in a welcoming, well-established community! Age-restricted residence: 65+ mandated, with residents aged 55+ permitted subject to board approval.

1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $698 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 4640 Kimbermount Ave #408

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 500-599 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: Apartment
Property class: Condo Apartment

4640 Kimbermount Ave #408 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 6, 2026For saleListedThis listingMLS® W14170348$349,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 4640 Kimbermount Ave #408 Compares to the Mississauga Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 3,845 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Mississauga market, last 90 days

Median sold price: $870,000
Average sold price: $950,765
Average days on market: 34
Homes sold: 2,170

Closed sales on the TRREB MLS®.

Full Mississauga market report

Recently sold nearby in Mississauga

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 408 — 4640 Kimbermount Avenue 1 bd · 1 ba · 500 sqft	$349,000asking	$698	—	—
6500 Montevideo Road 2 bd · 1 ba · 1,000 sqft
4205 Shipp Drive 2 bd · 2 ba · 900 sqft
1001 Cedarglen Gate 2 bd · 2 ba · 1,000 sqft
350 Princess Royal Drive 2 bd · 2 ba · 900 sqft
1360 Rathburn Road 1 bd · 1 ba · 900 sqft
135 Hillcrest Avenue 2 bd · 1 ba · 900 sqft

6500 Montevideo Road
2 bd · 1 ba · 1,000 sqft
4205 Shipp Drive
2 bd · 2 ba · 900 sqft
1001 Cedarglen Gate
2 bd · 2 ba · 1,000 sqft
350 Princess Royal Drive
2 bd · 2 ba · 900 sqft
1360 Rathburn Road
1 bd · 1 ba · 900 sqft
135 Hillcrest Avenue
2 bd · 1 ba · 900 sqft

Living in Mississauga: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 4640 Kimbermount Ave #408

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,715; 20% down · 25 years · 5.5% assumed
Property tax: $192; 0.66% mill rate · ON
Total per month: $1,907; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,715

/mo

based on the purchase price of $349,000

Down payment20%

$69,800 cash

Amortization25 yr

$279,200 financed

Rate5.50%

$235,160 total interest

Principal54%$279,200

Interest46%$235,160

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

For homeowners nearby

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Listing brokerage: Century 21 Signature Service, BrokerageMLS® W14170348 · Listing data last updated November 11, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Nov 5· $698/sq ft

Estimated monthly mortgage$1,715/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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