$750,000 - 2355 Fifth Line Unit 63, Mississauga
Condo for Sale in Mississauga
75 days on marketNeighbourhood: Sheridan
- MLS Number
- W13037442
- Property Type
- Condo
- Status
- active
- Days on Site
- 75
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Beautifully updated and truly move-in ready, this 3-bedroom, 2-bathroom townhome offers the perfect blend of timeless brick charm, modern finishes, and an exceptional park-side setting. Nestled within a well-maintained, family-friendly community, the home backs directly onto a private park with playground, providing a peaceful, tree-lined backdrop and direct access to green space from your own terrace. Inside, the home has been thoughtfully refreshed with refinished kitchen cabinetry, updated countertops and appliances, new broadloom, stylish light fixtures, fresh paint throughout, and updated bathrooms. Bright, airy, and inviting, the interior is designed to maximize natural light while offering a clean, contemporary feel that is both elegant and functional. The spacious open-concept living and dining areas overlook the backyard and mature trees, creating a seamless flow for everyday living and effortless entertaining. The eat-in kitchen features a sliding glass walkout to the private terrace-perfect for morning coffee, summer dining, and convenient access to the park beyond. Upstairs, the spacious primary bedroom offers a walk-in closet with semi-ensuite access, while two additional well-proportioned bedrooms provide ideal space for family, guests, or a home office. Perfectly located within walking distance to parks and close to excellent schools, shopping, transit, GO access, and major highways, this home delivers the ideal balance of comfort, convenience, and lifestyle. A rare turnkey opportunity in one of the area's most desirable and established neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
2355 Fifth Line Unit 63, 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 $536/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 75 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.
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.
About Sheridan
I know Sheridan well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.