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    Townhouses For Sale in 2891 Rio Court

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    Townhouses For Sale in 2891 Rio Court

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    Townhouse for sale at 2-2891 Rio Court, Mississauga, Central Erin Mills, L5M 0S4 - MLS: W12067057
    • For Sale

    2-2891 Rio Court

    Mississauga, Central Erin Mills, L5M 0S4

    • 3 Bedrooms
    • 3 Bath
    • 1200-1399 sq ft
    • 1 Garage

    $879,000
    Recently Sold in 2891 Rio Court
    Townhouse Condo Detached Semi-Detached Luxury Homes Luxury Condos

    Overview of Central Erin Mills, Mississauga Real Estate Market & MLS® Listings

    Here is a quick overview of Central Erin Mills, Mississauga Real Estate Market & MLS Listings by Home Type in the last 12 months.

    Detached Houses Real Estate Market Snapshot for Central Erin Mills, Mississauga

    The average price of a detached houses in Central Erin Mills, Mississauga was $1,336,600 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has increased by 1% for detached houses in Central Erin Mills, Mississauga.
    • Over the last 3 months: Price has decreased by 30% for detached houses in Central Erin Mills, Mississauga.
    • Over the last 12 months ending in March, 2025: Price has decreased by 28% for detached houses in Central Erin Mills, Mississauga.

    Market Activity for Detached Houses in Central Erin Mills, Mississauga

    • Selling time: On average, it takes 19 days to sell a detached houses in Central Erin Mills, Mississauga, while same time last year it took 3 days to sell a detached houses.
    • Active Listings: Currently, there are 34 detached houses available for sale in Central Erin Mills, Mississauga.
    • Recent Sales:
      • In the month of March, 2025, 5 detached houses were sold in Central Erin Mills, Mississauga, compared to 4 detached houses sold in the same month last year. This represents a 25% increased in sales.
    View Sold Detached Houses in Central Erin Mills, Mississauga

    List Price vs. Sold Price in Central Erin Mills, Mississauga

    • Detached Houses are currently selling for 97% of their asking price in Central Erin Mills, Mississauga. For example, if a house is listed at $1 million, it will likely sell for around $0.97 million.
      • 10 9 8 7 6 5 4 3 2 1 0 6.8 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    Semi-Detached Houses Real Estate Market Snapshot for Central Erin Mills, Mississauga

    The average price of a semi-detached houses in Central Erin Mills, Mississauga was $1,097,500 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has decreased by 6% for semi-detached houses in Central Erin Mills, Mississauga.
    • Over the last 3 months: There were not enough sales data to calculate the price change for semi-detached houses in Central Erin Mills, Mississauga.
    • Over the last 12 months ending in March, 2025: Price has decreased by 2% for semi-detached houses in Central Erin Mills, Mississauga.

    Market Activity for Semi-Detached Houses in Central Erin Mills, Mississauga

    • Selling time: On average, it takes 9 days to sell a semi-detached houses in Central Erin Mills, Mississauga, while same time last year it took 1 days to sell a semi-detached houses.
    • Active Listings: Currently, there are 1 semi-detached houses available for sale in Central Erin Mills, Mississauga.
    • Recent Sales:
      • In the month of March, 2025, 2 semi-detached houses were sold in Central Erin Mills, Mississauga, compared to 1 semi-detached houses sold in the same month last year. This represents a 100% increased in sales.
    View Sold Semi-Detached Houses in Central Erin Mills, Mississauga

    List Price vs. Sold Price in Central Erin Mills, Mississauga

    • Semi-Detached Houses are currently selling for 98% of their asking price in Central Erin Mills, Mississauga. For example, if a house is listed at $1 million, it will likely sell for around $0.98 million.
      • 10 9 8 7 6 5 4 3 2 1 0 0.5 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    Condo Townhouses Real Estate Market Snapshot for Central Erin Mills, Mississauga

    The average price of a condo townhouses in Central Erin Mills, Mississauga was $814,429 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has decreased by 5% for condo townhouses in Central Erin Mills, Mississauga.
    • Over the last 3 months: Price has decreased by 11% for condo townhouses in Central Erin Mills, Mississauga.
    • Over the last 12 months ending in March, 2025: Price has decreased by 12% for condo townhouses in Central Erin Mills, Mississauga.

    Market Activity for Condo Townhouses in Central Erin Mills, Mississauga

    • Selling time: On average, it takes 14 days to sell a condo townhouses in Central Erin Mills, Mississauga, while same time last year it took 19 days to sell a condo townhouses.
    • Active Listings: Currently, there are 26 condo townhouses available for sale in Central Erin Mills, Mississauga.
    • Recent Sales:
      • In the month of March, 2025, 7 condo townhouses were sold in Central Erin Mills, Mississauga, compared to 12 condo townhouses sold in the same month last year. This represents a 42% decreased in sales.
    View Sold Condo Townhouses in Central Erin Mills, Mississauga

    List Price vs. Sold Price in Central Erin Mills, Mississauga

    • Condo Townhouses are currently selling for 101% of their asking price in Central Erin Mills, Mississauga. For example, if a house is listed at $1 million, it will likely sell for around $1.01 million.
      • 10 9 8 7 6 5 4 3 2 1 0 3.7 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    2-Bedroom Condo Real Estate Market Snapshot for Central Erin Mills, Mississauga

    The average price of a 2-bedroom condo in Central Erin Mills, Mississauga was $668,880 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has decreased by 1% for 2-bedroom condo in Central Erin Mills, Mississauga.
    • Over the last 3 months: Price has decreased by 2% for 2-bedroom condo in Central Erin Mills, Mississauga.
    • Over the last 12 months ending in March, 2025: Price has decreased by 2% for 2-bedroom condo in Central Erin Mills, Mississauga.

    Market Activity for 2-Bedroom Condo in Central Erin Mills, Mississauga

    • Selling time: On average, it takes 44 days to sell a 2-bedroom condo in Central Erin Mills, Mississauga, while same time last year it took 15 days to sell a 2-bedroom condo.
    • Active Listings: Currently, there are 30 2-bedroom condo available for sale in Central Erin Mills, Mississauga.
    • Recent Sales:
      • In the month of March, 2025, 5 2-bedroom condo were sold in Central Erin Mills, Mississauga, compared to 4 2-bedroom condo sold in the same month last year. This represents a 25% increased in sales.
    View Sold 2-Bedroom Condo in Central Erin Mills, Mississauga

    List Price vs. Sold Price in Central Erin Mills, Mississauga

    • 2-Bedroom Condo are currently selling for 107% of their asking price in Central Erin Mills, Mississauga. For example, if a house is listed at $1 million, it will likely sell for around $1.07 million.
      • 10 9 8 7 6 5 4 3 2 1 0 6.0 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    FAQs about City/Community Real Estate

    How do I find the Value of my House in Central Erin Mills, Mississauga?

    It's simple! Give us a call at 647-276-5100, and we'll come to you for a free, in-person home valuation. One of our experienced real estate agents will visit your property and provide you with the most accurate, up-to-date market value based on local trends and insights. Prefer a digital option? You can also use our Home Value Estimator by clicking here, and we'll send you regular updates on your home's market value every month!

    How much will you charge to sell my house or condo?

    Our commission packages are designed to offer exceptional value while remaining competitive and flexible. We understand that every client and property is unique, so our commission structure is negotiable and tailored to meet your specific needs. Our listing fee can range from 1% to 2.5%. Our priority is to deliver outstanding service, marketing, and results to help you achieve your real estate goals. Feel free to give us a call and ask about our current promotions at 647-576-2100.

    What Type of Marketing Do You Use to Sell Homes?

    I utilize a comprehensive marketing strategy to ensure your home gets maximum exposure and attracts the right buyers. My approach includes:

    • Professional Photography & Videography: High-quality visuals to showcase your home. Check out some of our listing videos on YouTube as they have over 20k view on them, where we target buyers looking to purchase in your area.
    • Staging Consultations &/or Staging: Tips to present your home at its best.
    • Targeted Online Advertising: Campaigns on social media and property listing websites to reach potential buyers.
    • Email Marketing: Reaching out to a network of qualified buyers and agents.
    • Traditional Marketing: Flyers, brochures, and open houses to connect with local buyers.

    Learn more about how I can market your property effectively here: Full Marketing Plan to sell your Home/Condo

    How much do you charge to help me buy a house?

    As a buyer, you typically don’t pay any commission for our services. In most cases, the seller covers the real estate commission for both their agent and the buyer’s agent. This means you get full professional support — at no cost to you — while we help you find the perfect home, negotiate the best deal, and guide you through the entire process. Call 647-576-2100 to find out our latest promotions for buyers.

    What is the first step in buying a home in Central Erin Mills, Mississauga?

    The first step in your home-buying journey is to get pre-approved for a mortgage. This not only helps you determine your budget but also gives you a clear idea of what you can afford before you start house hunting. Need guidance? Check out this article where we walk you through each step of the process! Click Here

    What is the average detached house price in Central Erin Mills, Mississauga?

    Average detached house price in Central Erin Mills, Mississauga is $1,571,777. Click here to check out detached homes for sale in Central Erin Mills, Mississauga.

    What is the average townhouse price in Central Erin Mills, Mississauga?

    Average freehold townhouse price in Central Erin Mills, Mississauga is $1,058,125 whereas the average condo townhouse sells for $858,574 with a monthly maintenance fee of $447 . Click here to check out detached homes for sale in Central Erin Mills, Mississauga.

    What is the average semi-detached house price in Central Erin Mills, Mississauga?

    Average semi-detached house price in Central Erin Mills, Mississauga is $1,129,091. Click here to check out detached homes for sale in Central Erin Mills, Mississauga.

    What is the average price of a 2 bedroom Condo in Central Erin Mills, Mississauga?

    Average price of a 2 Bedroom Condo in Central Erin Mills, Mississauga is $673,905.

    What is the average price of a 1 bedroom Condo in Central Erin Mills, Mississauga?

    Average price of a 1 Bedroom Condo in Central Erin Mills, Mississauga is $525,418.

    What is the maintenance fee of a 2 bedroom condo in Central Erin Mills, Mississauga?

    Average maintenance fee of a 2 bedroom condo in Central Erin Mills, Mississauga is $754 for last 12 months.

    What is the maintenance fee of a 1 bedroom condo in Central Erin Mills, Mississauga?

    Average maintenance fee of a 1 bedroom condo in Central Erin Mills, Mississauga is $583 for last 12 months.

    What are the average property taxes for homes and condos in Central Erin Mills, Mississauga?

    The average property taxes vary based on the type of home in Central Erin Mills, Mississauga for the last 12 months:

    • Detached House: $7,784
    • Semi-Detached House: $5,953
    • Townhouse: $5,313
    • 1 Bedroom Condo Apartment: $2,454
    • 2 Bedroom Condo Apartment: $3,154

    These figures provide an estimate of what homeowners can expect to pay annually in property taxes on an average house or condo in Central Erin Mills, Mississauga. Property taxes will vary depending on the property value, property type, location, size, zoning and many other factors.

    How much land transfer tax do I have to pay to buy a house in Central Erin Mills, Mississauga?

    The average price of a house in Central Erin Mills, Mississauga is $1,571,777, which means you can expect to pay approximately $27,910.54 in land transfer tax at closing. However, if you're a first-time homebuyer, you may qualify for a rebate of up to $4,000, making homeownership more affordable.

    Land transfer tax in Ontario is $4,475 for properties priced at $400,000. For amounts exceeding $400,000, the tax is 2% up to $2 million, and 2.5% for amounts over $2 million. If you’re buying a home in Toronto times that figure by 2 because Toronto is the only municipality charging Land Transfer Tax.

    Nearby Neighborhoods

    Churchill Meadows Creditview East Credit Erin Mills Erindale Sheridan Streetsville Mavis-Erindale Western Business Park

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