2220 Springfield Court, Mississauga

Price: $999,900

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13236990

Welcome to this fantastic 4-level sidesplit in the highly desirable Sheridan Homelands community, offering well-designed living on a premium 68 x 116 ft lot with a private in-ground pool.An exceptional opportunity for end users, investors, or builders. The generous lot and prime location provide outstanding future potential-ideal for families looking to move in and enjoy, those exploring income opportunities, or buyers considering redevelopment options. With its size and frontage, the property may offer potential for lot severance or redevelopment, such as custom homes or semi-detached residences, subject to buyer due diligence and municipal approvals. Located in one of Mississauga's most sought-after neighborhoods, close to top-rated schools, parks, shopping, transit, and major highways. A rare opportunity to secure a home offering both immediate comfort and long-term upside.

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$999,900 - 2220 Springfield Court, Mississauga

Detached for Sale in Mississauga

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13236990
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
COLDWELL BANKER IKC REALTY
Description

Welcome to this fantastic 4-level sidesplit in the highly desirable Sheridan Homelands community, offering well-designed living on a premium 68 x 116 ft lot with a private in-ground pool.An exceptional opportunity for end users, investors, or builders. The generous lot and prime location provide outstanding future potential-ideal for families looking to move in and enjoy, those exploring income opportunities, or buyers considering redevelopment options. With its size and frontage, the property may offer potential for lot severance or redevelopment, such as custom homes or semi-detached residences, subject to buyer due diligence and municipal approvals. Located in one of Mississauga's most sought-after neighborhoods, close to top-rated schools, parks, shopping, transit, and major highways. A rare opportunity to secure a home offering both immediate comfort and long-term upside.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

2220 Springfield Court, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,884

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 $667/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.

Market Position

At 15 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.

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.

Bathroom Count Matters

With 3 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.

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    2220 Springfield Court, Mississauga | $999,900 | Battaglia Team