Detached House sold at 2471 Fifth Line, Mississauga, Ontario, L5K 1V9 - Sheridan - MLS: W12571716

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2471 Fifth Line

Mississauga, Ontario, L5K 1V9 - Sheridan

$1,499,000$000000

Neighbourhood

Sheridan
Major Intersection

Dundas St.W & Erin Mills Pkwy

Listed Since: 160 day(s)
Last update: 154 day(s) ago

Overview

Property Type

Detached, Backsplit 3
Bedrooms

4
Bathrooms

2
Basement

Part Fin
Kitchen

1
Total Parking

10
Lot Size

150x171.5 (Feet)
Taxes

$11,259.00 (2025)
Type

Freehold

Property Description

Property description for 2471 Fifth Line, Mississauga

Exceptional Opportunity on a Rare .61 Acre Lot (150ftx171ft) in the Heart of the City. A unique chance to secure a large, private, beautifully treed property in a park-like setting. This property is all about the land, location and potential. The existing home is in a severely distressed condition and requires a full top-to -bottom renovation. Ideal for builders, developers or visionaries looking to create something special. Whether you plan to rebuild or redesign, this oversized lot offers unlimited potential. Property being Sold " As Is Where Is " No Survey

Listed by RIGHT AT HOME REALTY

Property details

MLS #

W12571716
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

10
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Septic
Central Vac

N

MLS #

W12571716
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

10
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Septic
Central Vac

N

Living

6.38 x 2.43 ft Ground level

Cathedral Ceiling, Separate Rm, Sunken Room
Dining

4.25 x 2.76 ft Ground level

Broadloom, Separate Rm
Kitchen

4.25 x 2.97 ft Ground level

B/I Dishwasher, Skylight
Breakfast

4.87 x 2.97 ft Ground level

Wainscoting, Cathedral Ceiling, Skylight
Family

6.07 x 5.84 ft Ground level

Wood Stove, Walk-Out, Ceramic Floor
Primary

5.23 x 2.93 ft 2nd level

Mirrored Closet, Cathedral Ceiling, 2 Pc Ensuite
2nd Br

3.46 x 2.88 ft 2nd level

B/I Closet, hardwood floor, Cathedral Ceiling
3rd Br

3.46 x 2.76 ft 2nd level

B/I Closet, hardwood floor, Cathedral Ceiling
4th Br

4.66 x 2.91 ft 2nd level

B/I Closet, hardwood floor, Cathedral Ceiling

Contact Manoj Kukreja

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

Estimated price

Date

Price

Change

2025-11-24

$1,456,787

0.00%

Local Real Estate Price Trends for Detached in Sheridan

Active listings

Average Selling Price of a Detached

April 2026

$1,477,686

Last 3 Months

$2,388,251

Last 12 Months

$1,769,494

April 2025

$1,268,950

Last 3 Months LY

$1,528,956

Last 12 Months LY

$1,968,434

Change

16%

Change

56%

Change

-10%

Historical Average Selling Price of a Detached in Sheridan

Average Selling Price

3 years ago

$1,792,545

Average Selling Price

5 years ago

$1,680,000

Average Selling Price

10 years ago

$1,261,017

Change

-18%

Change

-12%

Change

17%

Number of Detached Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-30%

Change

17%

Change

-25%

How many days Detached takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-7%

Change

-12%

Change

-34%

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.