$1,659,888 - 2147 Fifth Line, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W13174218
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- NEWGEN REALTY EXPERTS
Welcome to this stunning luxury home nestled in the highly sought-after Sheridan Park community of Mississauga. Situated on a premium pie-shaped lot, this bright and beautifully maintained detached home offers approximately over 3,600 sq. ft. of total living space. The modern exterior, enhanced with elegant stonework, adds to its impressive curb appeal. The main floor features a spacious open-concept layout with a gourmet kitchen complete with a centre island, seamlessly flowing into a cozy family room with an updated fireplace. The combined living and dining area is highlighted by large bay windows, filling the space with natural light. A convenient 3-piece washroom on the main level adds to the home's functionality. Hardwood stairs lead to four generously sized bedrooms, including a primary retreat with a 4-piece ensuite and walk-in closet. The customized finished basement offers excellent potential with a "LEGAL SEPARATE WALK-UP ENTRANANCE", featuring 2 bedrooms, 2 washrooms, a full kitchen, open-concept living area, separate laundry, and large above-grade windows for added light and safety. Enjoy extended driveway parking for up to 4 cars, along with a 2-car garage (total 6 parking spaces). The huge private fenced backyard is perfect for entertaining and family gatherings. Conveniently located just steps to top-rated schools, Sheridan Plaza, restaurants, and public transit, and minutes to QEW and Clarkson GO Station.
Estimate your monthly payments for this property
Estimated Payment
$7,342.24/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.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2147 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
Fair Market Value
At $830/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 18 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.
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 5 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.