2215 Springfield Court, Mississauga

Price: $1,379,000

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13451828

Fantastic multi-family opportunity in the highly sought-after Sheridan Homelands. Over 3,000+ sqft of updated space, redone in 2020, offers a perfect blend of lifestyle, convenience, and accessibility. Easy access to the QEW, 5 min away from Clarkson Go, and within close proximity to the city! Enjoy easy commuting and steps away from parks, shopping, and fantastic schools! Very spacious main level, a naturally bright living/dining space and a fantastic family room to sit back and relax in front of the gas fireplace. 4 large bedrooms upstairs, including a primary suite with a spa-like ensuite bath, and ample wardrobe space. The lower level contains a LEGAL, fully-finished separate dwelling unit with its own entrance, featuring an additional 2 bedrooms, bathroom, kitchen, laundry, and family room. Potential for a 3rd bedroom/dwelling unit. Ideal for rental income or an in-law suite. Many thoughtful designs throughout, including a heated workshop/garage with plenty of industrial steel storage shelves, built-in wired and wireless network, and pre-wired 7.2 sound system in the family room. UPDATED furnace & A/AC with integrated HRV + an Ecobee eco smart thermostat. Soundproofing between rental unit and main floor.

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$1,379,000 - 2215 Springfield Court, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Sheridan

6Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13451828
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
Engel & Volkers Oakville
Description

Fantastic multi-family opportunity in the highly sought-after Sheridan Homelands. Over 3,000+ sqft of updated space, redone in 2020, offers a perfect blend of lifestyle, convenience, and accessibility. Easy access to the QEW, 5 min away from Clarkson Go, and within close proximity to the city! Enjoy easy commuting and steps away from parks, shopping, and fantastic schools! Very spacious main level, a naturally bright living/dining space and a fantastic family room to sit back and relax in front of the gas fireplace. 4 large bedrooms upstairs, including a primary suite with a spa-like ensuite bath, and ample wardrobe space. The lower level contains a LEGAL, fully-finished separate dwelling unit with its own entrance, featuring an additional 2 bedrooms, bathroom, kitchen, laundry, and family room. Potential for a 3rd bedroom/dwelling unit. Ideal for rental income or an in-law suite. Many thoughtful designs throughout, including a heated workshop/garage with plenty of industrial steel storage shelves, built-in wired and wireless network, and pre-wired 7.2 sound system in the family room. UPDATED furnace & A/AC with integrated HRV + an Ecobee eco smart thermostat. Soundproofing between rental unit and main floor.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,099.78/mo

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5-yr fixed avg.

Principal: $1,103,200Interest: $726,735
Mortgage Amount$1,103,200
Total Interest$726,735
Est. Property Tax$977/mo
Total Cost$1,829,935

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.

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Neighbourhood Guide: Sheridan

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

Sheridan CollegeCollege
Erindale Secondary SchoolPublic High School
Credit Woodlands SSPublic High School
Sheridan Public SchoolPublic Elementary

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.

45
Walk Score
$550K - $1.1M
Price Range

2215 Springfield Court, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$977
Insurance (est.)-$287
Net Cash Flow+$2,836

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $690/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.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 4 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.

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    2215 Springfield Court, Mississauga | $1,379,000 | Battaglia Team