Condominium · Erin Mills, Mississauga

Papillon Place I Condos4879 Kimbermount Avenue, Mississauga, ON L5M 7R8

Name: Condo Apartment Erin Mills Real Estate Market Report — 2026-11-01
Creator: The Condo Bar Real Estate
License: https://thecondobar.com/terms

Central Erin Mills condos — a master-planned west-Mississauga community

As of November 2026, Papillon Place I Condos has 6 units for sale from $388.8K to $580K (median $451.5K) and 1 for rent at $2,250 a month. Maintenance fees run $651 to $897 a month, and these listings have been on the market for an average of 43 days.

Listings updated Nov 4, 1:32 AM EST

Nearby on the map

Papillon Place I Condos is a 18-storey condominium with 196 suites at 4879 Kimbermount Avenue in Central Erin Mills, Mississauga, built in 2004 and developed by Pemberton Group. Central Erin Mills is convenient and family-focused, with schools, shopping, healthcare and recreation close at hand and a quieter, suburban feel. Browse current listings, pricing and building details below.

6For Sale

1For Rent

$388.8K – $580KPrice Range

$2,250/moRent Range

$651–$897Maintenance / mo

43Avg. Days on Market

Year Built: 2004
Units: 196
Floors: 18
Suite Sizes: 600–945 ft²

6 units for sale at 4879 Kimbermount Avenue, plus 1 for rent

Current listings at Papillon Place I Condos include 1-bedroom condo apartments from $390K, 1-bedroom + den condo apartments from $388.8K–$394K, and 2-bedroom condo apartments from $509K–$580K.

6 Units

Nearby

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Listed8 Days Ago

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$519,000

Condo Apartment

4879 Kimbermount Avenue #1703, Erin Mills, Mississauga

2 Beds2 Baths1 Pkg800–899 SqFt

Courtesy of PropTx MLS® / EXIT REALTY TRUE NORTH
MLS® W14117724

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Listed15 Days Ago

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$388,800

Condo Apartment

4879 Kimbermount Avenue #710, Erin Mills, Mississauga

1+1 Beds1 Baths1 Pkg600–699 SqFt

Courtesy of PropTx MLS® / Royal LePage Real Estate Associates
MLS® W14094538

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50 Photos

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Listed26 Days Ago

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$394,000

Condo Apartment

4879 Kimbermount Avenue #902, Erin Mills, Mississauga

1+1 Beds1 Baths1 Pkg600–699 SqFt

Courtesy of PropTx MLS® / ROYAL LEPAGE SIGNATURE REALTY
MLS® W13876336

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Listed50 Days Ago

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$390,000

Condo Apartment

4879 Kimbermount Avenue #301, Erin Mills, Mississauga

1 Beds1 Baths1 Pkg600–699 SqFt

Courtesy of PropTx MLS® / Royal LePage Meadowtowne Realty Inc., Brokerage
MLS® W13780864

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Listed74 Days Ago

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$579,999

Condo Apartment

4879 Kimbermount Avenue #1509, Erin Mills, Mississauga

2 Beds2 Baths1 Pkg800–899 SqFt

Courtesy of PropTx MLS® / RE/MAX REAL ESTATE CENTRE INC.
MLS® W13702184

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20 Photos

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Listed82 Days Ago

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$509,000

Condo Apartment

4879 Kimbermount Avenue #607, Erin Mills, Mississauga

2 Beds1 Baths2 Pkg700–799 SqFt

Courtesy of PropTx MLS® / RIGHT AT HOME REALTY
MLS® W13674442

For BuyersErin Mills Condos for SaleNot finding the right fit at Papillon Place I Condos? Browse every active listing in the area.Browse Erin Mills Condos for Sale

Same development

Sister Buildings

Part of the same development as Papillon Place I Condos, built by Pemberton Group.

Keep exploring

There’s more to Papillon Place I Condos

01 · InsidePool, Gym / Fitness Centre and 4 more amenitiesSee inside 02 · The numbersPrices by unit type, fees and recent salesSee the numbers

03 · AboutDetails, who it suits and Erin MillsRead about it 04 · Schools & nearby8 schools and the places around itSee the area

Amenities

Inside Papillon Place I Condos

Building Amenities

Gym / Fitness Centre
Pool
Sauna
Party Room
Yoga Studio
BBQ Area

Compiled from amenities reported in this building's past listings. Not an official building amenities list and may be incomplete or out of date -- confirm directly with the condo corporation or property management.

The numbers

Papillon Place I Condos Market Snapshot

Maintenance fee reflect this building's currently active listings, not an official building-wide figure -- individual units may differ. Data provided by MLS® and should be independently verified; no liability is assumed for any errors or omissions.

Live snapshot of this building's own listings -- rentals not included

Bedrooms

Papillon Place I Condos currently has 6 homes for sale, with a median asking price of $451.5K, averaging 43 days on market. Over the last 24 months, 11 units have sold in the building at a median of $512K — selling at 97% of asking price.

Unit Types in This Building

Unit Type	Listed	Median Asking	Asking Range	Size	Maint. /ft²/mo	Avg. DOM
1 Bed	1	$390K	$390K	650 ft²	$1.00	50
1 Bed + Den	2	$391.4K	$388.8K–$394K	650 ft²	$1.05–$1.05	21
2 Bed	3	$519K	$509K–$580K	750–850 ft²	$1.06–$1.14	55

Prices are current asking prices for active For Sale listings of that unit type -- not sold prices, and not every unit type has one on the market right now. Maint. $/ft²/mo is each type's monthly maintenance fee divided by its size, from this building's current listings only.

Papillon Place I Condos by the numbers

vs Erin Mills and Mississauga

At Papillon Place I Condos, the median asking price for condo apartments is $451.5K, lower than Erin Mills ($550K) and Mississauga ($525K).

Condo apartments that sold over the last 24 months went for a median of $679 per square foot, about the same as Erin Mills ($680), and higher than Mississauga ($611).

Sales over the last 24 months closed at 97% of the asking price, about the same as Erin Mills (97%) and Mississauga (97%).

Listings have been on the market for an average of 43 days, shorter than Erin Mills (63) and Mississauga (55).

There are 13.1 months of inventory at the recent sales pace, more than Erin Mills (4.5) and Mississauga (6.2).

Metric	Papillon Place I Condos Live snapshot · sold last 24mo	Erin Mills 2026-11-01 · sold last 24mo	Mississauga 2026-11-01 · sold last 24mo
Active Listings	6	65	730
Median Asking Price	$451.5K	$550K	$525K
Avg. Days on Market	43	63	55
Sold (24mo)	11	307	2,730
Median Sold Price	$512K	$554.9K	$515K
Median $/sqft (Sold)	$679	$680	$611
Sale-to-List Ratio	97%	97%	97%
Months of Inventory	13.1 mo	4.5 mo	6.2 mo

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What buyers and sellers should know about Papillon Place I Condos

How Papillon Place I Condos compares with Erin Mills and Mississauga on asking price, time to sell, sold price and how many homes are for sale.

Buyers: do homes here sell above or below asking?
Sellers: how long homes take to sell, here vs nearby
Median sold price and price per square foot
Months of inventory: how long today’s listings would last

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View Erin Mills Condo Market Report →Mississauga Condo Price Index →

Closed Sales — Last 24 Months

Recently Sold11 soldin the last 24 monthsMedian $512K, 97% of asking. See the address, photos and exact sale price for every recent transaction, free with a registered account.

Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.

The building

About Papillon Place I Condos

The building has suites from 600 to 945 sq ft. Amenities include a pool, a fitness centre, a sauna, and a yoga studio. Pets are allowed with restrictions.

Papillon Place I is an 18-storey Pemberton Group condominium at 4879 Kimbermount Avenue, completed in 2004 in the Erin Mills area of west Mississauga. It has 196 suites and is the first of the Papillon Place buildings on Kimbermount, a short distance from both the Credit Valley Hospital campus and the Erin Mills Town Centre mall.

Suites are one-bedroom, one-plus-den and two-bedroom plans from roughly 600 to 945 square feet — sensible sizes for singles, couples, hospital staff and downsizers leaving a house in the area. Residents have a pool, sauna, fitness centre, yoga studio, party room and BBQ area. Pets are allowed with restrictions.

The corporation is Peel Standard Condominium Corporation 724, managed by FirstService Residential. Now in its third decade, the building is at the age where elevators, mechanical systems and common-area finishes tend to come up for renewal, so read the reserve fund study in the status certificate before you firm up an offer.

The immediate area is well served. Axia Restaurant & Bar is about 100 metres away, Sultan Ahmet Turkish Cuisine and Anatolia are close, GoodLife Fitness is around 300 metres, and Nations supermarket and Stop & Go Food Market cover groceries. Erin Mills Town Centre, with its department stores and food court, is a short walk or drive, and a Metro is on Erin Mills Parkway. Highway 403 is close, the 407 and QEW are within easy reach, and two Milton-line GO stations, Erindale and Streetsville, are a short drive. John Fraser Secondary School is nearby on Erin Centre Boulevard; confirm the catchment for a specific address.

The sister buildings are right next door, so compare Papillon Place II and Papillon Place before you decide. For everything else nearby, see Mississauga condos for sale.

Erin Mills Neighbourhood

Papillon Place I Condos is located in Erin Mills, Mississauga.

See what's nearby -- schools, parks, shopping and transit -- in the map below.

Explore the Erin Mills neighbourhood guide

The area

Schools & nearby

What’s Nearby

Nearby Schools

Elementary

St. Oscar Romero School312 m · 4 min walk
Dufferin-Peel CDSB — JK-8
Credit Valley Public School 612 m · 8 min walk
Peel DSB — JK-6
Artesian Drive Public School 1.1 km · 13 min walk
Peel DSB — JK-6
Divine Mercy School 1.2 km · 14 min walk
Dufferin-Peel CDSB — JK-8
Erin Centre Middle School 1.2 km · 16 min walk
Peel DSB — 6-8

Secondary

St. Oscar Romero School 312 m · 4 min walk
Dufferin-Peel CDSB — 9-12
St Aloysius Gonzaga Secondary School 612 m · 8 min walk
Dufferin-Peel CDSB — 9-12
John Fraser Secondary School 982 m · 12 min walk
Peel DSB — 9-12

All Mississauga schools →

School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.

Nearby Amenities

Bar

All Star Bar & Wings288 m

Cafe

Starbucks315 m

Grocery

Stop & Go Food Market268 m

Pet Store

Global Pet Foods245 m

Restaurant

Axia Restaurant & Bar109 m
Boston Pizza158 m
Sunset Grill201 m
Sultan Ahmet Turkish Cuisine216 m

Frequently asked questions

What is Papillon Place I Condos?

Papillon Place I Condos is a 18-storey condominium with 196 suites at 4879 Kimbermount Avenue in Central Erin Mills, Mississauga, completed in 2004 by Pemberton Group.

Whereabouts in Mississauga is Papillon Place I Condos?

It's at 4879 Kimbermount Avenue in the Central Erin Mills neighbourhood of Mississauga. Highway 403, the 407 and the QEW are within easy reach, with Streetsville and Erindale GO on the Milton line a short drive and MiWay buses throughout.

What's for sale or rent at Papillon Place I Condos?

The live listings on this page show every unit currently for sale and for rent at Papillon Place I Condos, updated through the day. If nothing's listed at the moment, reach out and I'll set up an alert for the next one.

What suite sizes does Papillon Place I Condos have?

Suites at Papillon Place I Condos range from roughly 600 to 945 square feet, and the listings on this page show which layouts and bedroom counts are available now.

Should I consider Papillon Place I Condos?

That depends on your budget, timing and what you want day to day — which is exactly what I help with. Reach out and we'll compare Papillon Place I Condos honestly against the other options in Central Erin Mills, no pressure.

What's the Central Erin Mills area like?

Central Erin Mills is convenient and family-focused, with schools, shopping, healthcare and recreation close at hand and a quieter, suburban feel. Papillon Place I Condos puts you right in it.