Detached House for sale at 1978 Shannon Drive, Mississauga, Ontario, L5H 3W2 - Sheridan - MLS: W12982114

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1978 Shannon Drive

Mississauga, Ontario, L5H 3W2 - Sheridan

$1,885,000

Neighbourhood

Sheridan
Major Intersection

North Sheridan Way and Portway

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

4
Bathrooms

3
Basement

Unfinished
Kitchen

1
Total Parking

6 (2 Attached Garage)
Lot Size

75.11x150.23 (Feet)
Taxes

$9,945.77 (2026)
Type

Freehold

Property Description

Property description for 1978 Shannon Drive, Mississauga

Welcome to 1978 Shannon Dr, ideally situated on a mature, tree-lined street in the highly coveted Mississauga Golf & Country Club neighbourhood, one of the city's most prestigious and sought-after luxury enclaves. This solidly built two-storey residence of approximately 2,400 sq. ft. presents an extraordinary opportunity for end users, investors, and visionary builders alike. Set on a beautiful mature lot surrounded by established trees and distinguished custom residences, this exceptional property is offered with permits currently in process for an approximately 4,400 sq. ft. ultra-modern luxury custom home, allowing the next owner to seamlessly bring a spectacular architectural vision to life. The proposed residence has been thoughtfully designed with a stunning contemporary aesthetic, elegant proportions, expansive glazing, and refined modern finishes, creating a truly exceptional future home that embodies sophisticated family living and grand-scale entertaining. The existing home offers immediate comfort and flexibility. The main floor features a grand foyer, spacious living and dining areas, and a large kitchen with breakfast area, enhanced by oversized windows that fill the space with abundant natural light. The inviting family room, complete with fireplace, offers a warm and welcoming atmosphere with a walk-out to mature private gardens. Additional main-floor features include a powder room and laundry room with convenient side entrance. Upstairs, you will find four generously sized bedrooms, including a spacious primary retreat with ensuite bath and sizeable walk-in closet. The unspoiled basement offers endless possibilities-ideal for a home gym, additional bedroom, recreation room, games room, home theatre, or customized family living space. Whether you choose to move in and enjoy, renovate over time, or capitalize on the luxury redevelopment potential, this is a rare and compelling offering in one of Mississauga's finest neighbourhoods.

Listed by CITYSCAPE REAL ESTATE LTD.

Property details

MLS #

W12982114
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Available
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12982114
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Available
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

5.28 x 3.96 ft Main level

Broadloom, Large Window, Combined W/Dining
Dining

3.25 x 3.96 ft Main level

Broadloom, Large Window, Combined W/Dining
Kitchen

4.06 x 2.94 ft Main level

Ceramic Floor, Large Window
Breakfast

3.55 x 3.35 ft Main level

Ceramic Floor, Large Window
Family

5.48 x 3.96 ft Main level

Broadloom, W/O To Yard, Fireplace
Primary

5.68 x 3.96 ft 2nd level

Broadloom, 4 Pc Ensuite, W/I Closet
2nd Br

4.01 x 3.65 ft 2nd level

Broadloom, Closet
3rd Br

4.01 x 3.65 ft 2nd level

Broadloom, Closet
4th Br

3.86 x 2.94 ft 2nd level

Broadloom, Closet
Laundry

0.0 x 0.0 ft Main level

W/O To Yard

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1978 Shannon Drive, Mississauga

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2026-04-10

$1,794,685

2.39%

Local Real Estate Price Trends for Detached in Sheridan

Active listings

Average Selling Price of a Detached

March 2026

$1,545,400

Last 3 Months

$2,327,689

Last 12 Months

$1,752,099

March 2025

$1,776,250

Last 3 Months LY

$1,682,839

Last 12 Months LY

$2,064,271

Change

-13%

Change

38%

Change

-15%

Historical Average Selling Price of a Detached in Sheridan

Average Selling Price

3 years ago

$1,926,250

Average Selling Price

5 years ago

$1,635,156

Average Selling Price

10 years ago

$946,450

Change

-20%

Change

-5%

Change

63%

Number of Detached Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

150%

Change

50%

Change

-12%

How many days Detached takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-11%

Change

-33%

Change

-32%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.