3573 Colonial Drive, Mississauga, ON L5L 5M2
Erin Mills, Mississauga · Near Collegeway/ Colonial Dr · View map
About this home
Enjoy privacy and a peaceful woodland backdrop in this beautifully updated 4-bedroom home in the heart of Erin Mills. Situated on a premium lot backing onto woodlands, this spacious family home features separate living, dining and family rooms, an eat-in kitchen, and a walkout to the private backyard. Upstairs, four generously sized bedrooms include a primary bedroom with an ensuite. A finished basement with a separate entrance offers additional living space for extended family. Updates completed in 2026 include new roof shingles, a newly paved driveway, new flooring and new kitchen appliances. Both the air conditioner and hot water heater were replaced in October 2026. Freshly painted and move-in ready, this home combines comfortable family living with convenient access to schools, parks, shopping, public transit and major highways.
The home
- Type
- Detached home
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 2
- Bathrooms
- 7
- Kitchens
- 2
- Rooms
- 9
- Basement
- Finished, Separate Entrance
- Lot size
- 54.9 x 124.5 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
- Central vacuum
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $8,943/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Collegeway/ Colonial Dr
- Neighbourhood
- Erin Mills
More
- Price per sq ft
- ~$509 (at 2,750 sq ft)
- MLS® number
- W13852974
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The home and its surroundings
- Central Vacuum
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
3573 Colonial Drive, Mississauga, ON L5L 5M2
Erin Mills, Mississauga · Near Collegeway/ Colonial Dr
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Listing history for 3573 Colonial Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 3573 Colonial Drive
Answers come straight from this home’s MLS® listing.
How much is 3573 Colonial Drive listed for, and what would it cost each month?
3573 Colonial Drive is listed for $1,399,000. With 20% down ($279,800), the mortgage payment would be roughly $5,643 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,388 a month, all in. That figure is an illustration, not a quote.
Is 3573 Colonial Drive freehold or a condo, and is there a monthly fee?
3573 Colonial Drive is a detached home in Erin Mills, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 3573 Colonial Drive have?
3573 Colonial Drive has 4 bedrooms, plus 2 more bedrooms in the basement, and 7 bathrooms. The listing gives the style as 2-storey.
Does 3573 Colonial Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 3573 Colonial Drive have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 3573 Colonial Drive?
3573 Colonial Drive is a detached home. A detached home stands on its own lot with no shared walls.
How big is 3573 Colonial Drive, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 54.9 x 124.5 ft.
How is 3573 Colonial Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 3573 Colonial Drive?
Property taxes are $8,943 a year (2025), or about $745 a month.
Where is 3573 Colonial Drive?
3573 Colonial Drive is in the Erin Mills community of Mississauga. The nearest main intersection is Collegeway/ Colonial Dr. The postal code is L5L 5M2.
Is 3573 Colonial Drive still for sale?
Yes. It is an active listing (MLS® W13852974). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3573 Colonial Drive asking?
Similar properties for sale nearby right now include 3668 Colonial Drive at $1,178,800 (3 bed), 3944 Glamis Court at $1,368,000 (4+1 bed) and 2914 Peacock Drive at $1,348,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 3573 Colonial Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 3573 Colonial Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Erin Mills, picked by style, size and price.
Detached home$1,178,8003668 Colonial Drive, Mississauga3 bed · 4 bath · Erin MillsCourtesy of: RE/MAX ABOUTOWNE REALTY CORP.View home →
Detached home$1,368,0003944 Glamis Court, Mississauga4+1 bed · 4 bath · Erin MillsCourtesy of: REAL ONE REALTY INC.View home →
Detached home$1,348,0002914 Peacock Drive, Mississauga4 bed · 3 bath · Central Erin MillsCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →Courtesy of: TAIHOME REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.