8-2401 Fifth Line
Sheridan, Mississauga, Ontario L5K 1V9
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,400–1,599sq ft
- Per sq ft
- $533at the range’s middle
- Tax a year
- $6,4092025 tax year
- Built
- 16-30
- Parking
- 21 attached
- Days on market
- Members
The brief
About 8-2401 Fifth Line
8-2401 Fifth Line is a 3-bedroom, 3-bathroom condo townhouse in Sheridan, Mississauga, listed for sale at an asking price of $799,900 (MLS® W13702672).
Gorgeous executive townhome approximately 1500 square feet and located in the sought after area of Sheridan Homelands. Nestled in a boutique condominium complex with only 15 units in total. Spacious living/dining room area with new hardwood floors (2026), gas fireplace with custom mantle, and garden doors leading to a backyard patio. Open concept kitchen with new hardwood floors (2026), stainless steel appliances, wine rack, under cabinet lighting, and centre island with breakfast bar. Fantastic layout with 9' foot ceilings on the main level, stunning 2' by 2' porcelain entrance floors (2026) and 2 piece powder room with pedestal sink. Three upper level bedrooms with laminate floors, convenient 2nd floor laundry, and main 4 piece bathroom. Primary bedroom retreat with walk-in closet with organizers, and 4 piece en-suite with an oval jacuzzi tub. Second bedroom with semi en-suite and double closet. Finished basement with recreation with laminate floors and lots of storage space. Backyard oasis with walk-out to a private patio area with privacy fence and lush professionally landscaped gardens. Premium location 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).
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall26/100−$1,663/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 53 condos with 3 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,409 / 2025
- MLS® number
- W13702672
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 16-30
- Days on market
- Size
- 1400-1599 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Sheridan
- Municipality
- Mississauga
Building
- Size
- 1400-1599 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc 2nd, 1 × 4pc 2nd, 1 × 2pc Main
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- LG double door fridge, LG stove, LG built-in microwave, Kenmore dishwasher, LG washer and dryer, all light fixtures, all window coverings, and garage door opener.
- Condo maint.
- $779
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.9 × 5.23 m | hardwood floor, Gas Fireplace, W/O To Patio | Main |
| Dining | 3.99 × 5.23 m | hardwood floor, Open Concept | Main |
| Kitchen | 3.99 × 5.23 m | hardwood floor, Centre Island, Stainless Steel Appl | Main |
| Primary | 3.94 × 5.21 m | Laminate, 4 Pc Ensuite, W/I Closet | 2nd |
| 2nd Br | 2.54 × 4.11 m | Laminate, Double Closet, Semi Ensuite | 2nd |
| 3rd Br | 2.62 × 3.35 m | Laminate, Closet, Window | 2nd |
| Laundry | 0.0 × 0.0 m | Ceramic Floor | 2nd |
| Rec | 4.57 × 5.03 m | Laminate, Pot Lights | Bsmt |
Listing history
Buy/sell history for 8-2401 Fifth Line, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $799,900 | N/A | For Sale | W13702672 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $159,980
- Total mortgage amount
- $639,920
- Total interest payment
- $455,080
- Total purchase cost
- $1,254,980
- Mortgage payment
- $3,650/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$4,963- Rent $3,300
- Shortfall $1,663
Rental income opens at $3,300, the median asking rent of 53 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $12,473
- Total land transfer tax
- $12,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $8,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $799,900
- $7,998
- Ontario total
- $12,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 15.2 m.250 m
- Groundwater recorded about 5.4 m below ground nearbyThe middle water level in the well records within 500 m (20 records). It changes with the season and from spot to spot.500 m
- Bedrock about 1.7 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Region of Peel — North Sheridan Landfill Site (Closed), 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: QuaenetFi, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Condos for sale in Sheridan right now
- For sale now
- 9
- Median asking price
- $649K
- New in 7 days
- 2
- Price cuts
- 11%
Middle half: $559K to $699K
7 in 28 days
1 listing
This home is asking 23% above the median, higher than three quarters of them.
See all homes in SheridanAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Clarkson GO | GO Transit train: Lakeshore West | 2.9 km |
| Erin Mills Station | MiWay bus rapid transit: Transitway | 4 km |
| Erindale GO | GO Transit train: Milton | 4.1 km |
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 4.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Sheridan Park Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 500 m | 67%Grade 3 average |
| St Francis of Assisi SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.1 km | 63%Grade 6 average |
| St Margaret of Scotland SchoolDufferin-Peel CDSB | Catholic · grades JK–8 · French Immersion | 1.4 km | 76%Grade 6 average |
| ÉÉC Saint-Jean-BaptisteConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.4 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Erindale Secondary SchoolPeel DSB | Public · grades 9–12 | 1 km | 59%Grade 9 math |
| Iona Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.6 km | 57%Grade 9 math |
| Lorne Park Secondary SchoolPeel DSB | Public · grades 9–12 | 2.8 km | 74%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 8.2 km | 85%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Sheridan are shown to signed-in members.