$1,499,000 - 2147 Fifth Line, Mississauga
Detached for Sale in Mississauga
New — Listed 5 days agoNeighbourhood: Sheridan
- MLS Number
- W13509904
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- NEWGEN REALTY EXPERTS
Welcome to this stunning luxury home nestled in the highly sought-after Sheridan Park community of Mississauga. Situated on a premium pie-shaped lot, this bright and beautifully maintained detached home offers approximately over 3,600 sq. ft. of total living space. The modern exterior, enhanced with elegant stonework, adds to its impressive curb appeal. The main floor features a spacious open-concept layout with a gourmet kitchen complete with a centre island, seamlessly flowing into a cozy family room with an updated fireplace. The combined living and dining area is highlighted by large bay windows, filling the space with natural light. A convenient 3-piece washroom on the main level adds to the home's functionality. Hardwood stairs lead to four generously sized bedrooms, including a primary retreat with a 4-piece ensuite and walk-in closet. The customized finished basement offers excellent potential with a "LEGAL SEPARATE WALK-UP ENTRANANCE", featuring 2 bedrooms, 2 washrooms, a full kitchen, open-concept living area, separate laundry, and large above-grade windows for added light and safety. Enjoy extended driveway parking for up to 4 cars, along with a 2-car garage (total 6 parking spaces). The huge private fenced backyard is perfect for entertaining and family gatherings. Conveniently located just steps to top-rated schools, Sheridan Plaza, restaurants, and public transit, and minutes to QEW and Clarkson GO Station.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Academic Excellence and Green Living
Sheridan is anchored by Sheridan College's main campus and offers a blend of student housing, family homes, and new developments. The neighbourhood benefits from significant green space along the Credit River and is known for its creative, academic atmosphere.
Why Live in Sheridan
- •Sheridan College main campus
- •Credit River access and trails
- •Growing residential development
- •Creative and academic community
- •Good transit connections
Nearby Schools
Transit & Commuting
- •MiWay bus routes to Sheridan College
- •Highway 403 access
- •Planned transit improvements
- •25-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Riverwood Conservancy
- •Credit River trails
- •Sheridan College facilities
- •Erin Mills Town Centre (nearby)
- •Community parks
Lifestyle & Community
Sheridan offers a creative, academic atmosphere with excellent access to nature. The neighbourhood appeals to students, faculty, and families who value education and outdoor recreation.
2147 Fifth Line, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $750/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.