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3278 CREDIT HEIGHTS DRIVE, Mississauga (Erindale) — listed at $2,420,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Grandly renovated 4-bedroom detached home with walkout basement on a rare 75' x 229' ravine lot in Mississauga's prestigious Credit Woodlands, featuring a saltwater pool, pond, and gazebo backing directly onto the Credit River. This luxury family home is within walking distance to 222-acre Erindale Park and the scenic Culham Trail, minutes from Mississauga Golf and Country Club, and offers quick access to major highways and GO Transit for easy commuting to Toronto and Hamilton. A mature, tree-lined street leads to a deep double driveway accommodating 8 cars plus a 2-car garage. An interlocking stone walkway and covered front veranda overlook perennial gardens with sprinkler system. The backyard is a private oasis with a massive deck, covered terrace, terraced gardens, custom saltwater pool with waterfall, serene pond with sheer descent waterfall, private gazebo, and expansive green space framed by ravine views. Recent upgrades include freshly painted interior, deck and gazebo, new furnace, air conditioner, pool heater and cover, some updated main floor windows and new backyard fencing (2025), plus a newer roof. Inside, hardwood flooring, crown mouldings, pot lighting, upgraded trims, two fireplaces, and three walkouts enhance sophistication. The skylit oak staircase opens to elegant living and dining rooms, a family room with fireplace, and a chef's kitchen with custom cabinetry, stone counters, stainless steel appliances, large island, and oversized breakfast room with walkout to deck. Upstairs, a sitting room, 2 bathrooms, and 4 spacious bedrooms are available, including a refined primary suite with a spa-like 5-piece ensuite featuring a claw-foot tub and a glass shower. The finished walkout lower level includes a recreation room with fireplace, coffered ceiling and built-ins, media/entertainment area, modern 3-piece bath, and 2 walkouts to the terrace overlooking the Credit River ravine. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Recreational, Games room | Lower level | 6.48 x 3.91 meters |
| Media | Lower level | 9.19 x 7.16 meters |
| Sitting room | Second level | 6.58 x 4.65 meters |
| Primary Bedroom | Second level | 4.9 x 3.89 meters |
| Kitchen | Main level | 6.5 x 3.78 meters |
| Bedroom 2 | Second level | 3.4 x 3.1 meters |
| Bedroom 4 | Second level | 3.68 x 3.07 meters |
| Living room | Main level | 5.74 x 3.91 meters |
| Bedroom 3 | Second level | 3.43 x 3.1 meters |
| Family room | Main level | 6.3 x 4.14 meters |
| Eating area | Main level | 9.27 x 3.25 meters |
| Dining room | Main level | 3.78 x 3.2 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $17,937, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How many fireplaces are there, and what type?+
This home has 2 fireplaces. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Mississauga (Erindale) before counting on it.
What makes this a luxury property?+
At $2,420,000, standout features include 4 bathrooms, a pool, 2 fireplaces. In this price range, expect higher-end finishes — verify during a showing.
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