2445 Homelands Drive Unit 30, Mississauga

Price: $569,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13695678

Exceptional opportunity to renovate this 3 bedroom townhome located in the sought after area of Sheridan Homelands. Spacious living and dining area with laminate floors and walk-out to deck. Two piece powder room and kitchen with breakfast area. Parquet floors throughout all bedrooms, main 4 piece bathroom, and Primary bedroom with walk-in closet. Walk-out to a fully fenced yard with sunny West backyard exposure. Unspoiled basement with lots of potential. Just minutes away to schools, parks, trails, shopping, transit, highways, Clarkson Go Station, South Common Recreation Centre, tennis/pickleball, sports fields, and University of Toronto (UTM).

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active
New Listing
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$569,900 - 2445 Homelands Drive Unit 30, Mississauga

Condo for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Sheridan

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13695678
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Exceptional opportunity to renovate this 3 bedroom townhome located in the sought after area of Sheridan Homelands. Spacious living and dining area with laminate floors and walk-out to deck. Two piece powder room and kitchen with breakfast area. Parquet floors throughout all bedrooms, main 4 piece bathroom, and Primary bedroom with walk-in closet. Walk-out to a fully fenced yard with sunny West backyard exposure. Unspoiled basement with lots of potential. Just minutes away to schools, parks, trails, shopping, transit, highways, Clarkson Go Station, South Common Recreation Centre, tennis/pickleball, sports fields, and University of Toronto (UTM).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,923.88/mo

Includes CMHC insurance ($15,900)

$
$
5%10%50%

5-yr fixed avg.

Principal: $512,910Interest: $348,355
Mortgage Amount$528,810
Total Interest$348,355
Est. Property Tax$404/mo
Total Cost$877,165

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.

Ready to get pre-approved?

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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

2445 Homelands Drive Unit 30, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$1,617

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 $475/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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    2445 Homelands Drive Unit 30, Mississauga | $569,900 | Battaglia Team