2220 Springfield Court, Mississauga

Price: $1,299,999

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13236990

Welcome to this fantastic 4-level sidesplit in the highly desirable Sheridan Homelands community, offering well-designed living on a premium 68 x 116 ft lot with a private in-ground pool.An exceptional opportunity for end users, investors, or builders. The generous lot and prime location provide outstanding future potential-ideal for families looking to move in and enjoy, those exploring income opportunities, or buyers considering redevelopment options. With its size and frontage, the property may offer potential for lot severance or redevelopment, such as custom homes or semi-detached residences, subject to buyer due diligence and municipal approvals. Located in one of Mississauga's most sought-after neighborhoods, close to top-rated schools, parks, shopping, transit, and major highways. A rare opportunity to secure a home offering both immediate comfort and long-term upside.

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$1,299,999 - 2220 Springfield Court, Mississauga

Detached for Sale in Mississauga

34 days on market

Neighbourhood: Sheridan

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13236990
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
COLDWELL BANKER IKC REALTY
Description

Welcome to this fantastic 4-level sidesplit in the highly desirable Sheridan Homelands community, offering well-designed living on a premium 68 x 116 ft lot with a private in-ground pool.An exceptional opportunity for end users, investors, or builders. The generous lot and prime location provide outstanding future potential-ideal for families looking to move in and enjoy, those exploring income opportunities, or buyers considering redevelopment options. With its size and frontage, the property may offer potential for lot severance or redevelopment, such as custom homes or semi-detached residences, subject to buyer due diligence and municipal approvals. Located in one of Mississauga's most sought-after neighborhoods, close to top-rated schools, parks, shopping, transit, and major highways. A rare opportunity to secure a home offering both immediate comfort and long-term upside.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,750.33/mo

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5-yr fixed avg.

Principal: $1,039,999Interest: $685,101
Mortgage Amount$1,039,999
Total Interest$685,101
Est. Property Tax$921/mo
Total Cost$1,725,100

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

2220 Springfield Court, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$1,608

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

Fair Market Value

At $867/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 34 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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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    2220 Springfield Court, Mississauga | $1,299,999 | Battaglia Team