2431 Thorn Lodge Drive, Mississauga

Price: $1,779,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13021574

Excellent development opportunity for builders, renovators, or end-users looking to design and build a custom dream home or significantly expand the existing bungalow. Situated on an oversized premium lot measuring 105 x 248 feet, this property offers exceptional space, flexibility, and potential for redevelopment in a desirable setting. Ideally located in a well-established neighbourhood with convenient access to top-rated schools including Sheridan Park Public School and St. Francis, as well as nearby parks, Clarkson GO Station, shopping, and everyday amenities. A rare chance to secure a large lot in a prime location with endless possibilities.

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$1,779,900 - 2431 Thorn Lodge Drive, Mississauga

Detached for Sale in Mississauga

79 days on market

Neighbourhood: Sheridan

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13021574
Property Type
Detached
Status
active
Days on Site
79
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Excellent development opportunity for builders, renovators, or end-users looking to design and build a custom dream home or significantly expand the existing bungalow. Situated on an oversized premium lot measuring 105 x 248 feet, this property offers exceptional space, flexibility, and potential for redevelopment in a desirable setting. Ideally located in a well-established neighbourhood with convenient access to top-rated schools including Sheridan Park Public School and St. Francis, as well as nearby parks, Clarkson GO Station, shopping, and everyday amenities. A rare chance to secure a large lot in a prime location with endless possibilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,873.10/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,423,920Interest: $938,009
Mortgage Amount$1,423,920
Total Interest$938,009
Est. Property Tax$1,261/mo
Total Cost$2,361,929

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

2431 Thorn Lodge Drive, 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)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,261
Insurance (est.)-$371
Net Cash Flow+$1,168

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

Premium Pricing

At $1618/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 79 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.

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.

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    2431 Thorn Lodge Drive, Mississauga | $1,779,900 | Battaglia Team