$2,400,000 - 2267 Fifth Line, Mississauga
Detached for Sale in Mississauga
76 days on marketNeighbourhood: Sheridan
- MLS Number
- W13029272
- Property Type
- Detached
- Status
- active
- Days on Site
- 76
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Stunning custom-built home situated on a premium 50 x 200ft lot, offering exceptional craftsmanship and attention to detail throughout and features 4 bedrooms, and a fully self-contained 2 bedroom legal in-law suite. The striking modern architecture creates an impressive curb appeal and invites you into an elegant and thoughtfully designed main floor featuring a private office, an expansive living room with fireplace and B/I shelving, a generous sun-filled dining room that flows seamlessly into the designer kitchen, a sophisticated culinary space complete with two-toned cabinetry, an oversized island, premium Black Stainless Steel appliances, custom hood fan and a walk-n pantry with bar fridge...perfect for any chef enthusiast. Extended patio doors from both the living and dining rooms lead to the fully fenced backyard oasis where you will find a massive 20x20 ft enclosed deck featuring pine ceiling, glass railing, a Velux skylight and complemented by a separate landscaped patio and an expansive lot with amazing potential to accommodate a pool. The second level offers a luxurious primary retreat with soaring 14-ft vaulted ceilings, his and hers walk-in closets and spa-inspired ensuite bath complete with floating tub and oversized shower. Additional highlights on this floor include a family lounge with walk-out balcony, 2 bedrooms connected by Jack-and-Jill bath, a fourth bedroom and well-appointed main bath. A separate side entrance leads to a bright, fully legal two-bedroom, 2 bedroom 2 bathroom basement apartment complete with a large living room, full kitchen, above grade windows for ample basement apartment. Loaded with upgrades this refined family home delivers luxury, modern convenience and comfort. *Some photos virtually staged.
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Estimated Payment
$10,616.01/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.
2267 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 $686/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.
Negotiation Opportunity
At 76 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 6 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.