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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14087486For SaleDetached

2147 Fifth Line

Sheridan, Mississauga, Ontario L5K 2K3

Map
1 / 49
2147 Fifth Line, Mississauga, photo 1
Asking$1,499,000
Bedrooms
4+2
Bathrooms
5
Size
2,000–2,500sq ft
Per sq ft
$666at the range’s middle
Lot
148 x 162 ft
Tax a year
$9,6052026 tax year
Parking
62 attached
Days on market
Members

The brief

About 2147 Fifth Line

2147 Fifth Line is a 4+2-bedroom, 5-bathroom detached house in Sheridan, Mississauga, listed for sale at an asking price of $1,499,000 (MLS® W14087486).

WELCOME TO LUXURY LIVING IN MISSISSAUGA'S DESIRABLE SHERIDAN PARK! Discover this beautifully upgraded detached home offering OVER 3,600 SQ. FT. OF TOTAL LIVING SPACE, elegance, comfort, and exceptional versatility. Featuring 4+2 BEDROOMS, 5 BATHROOMS, 2 KITCHENS, a stunning stone exterior, modern finishes, expansive windows, stylish living spaces, and an impressive double garage. The beautifully designed main floor offers bright, open living areas and an upgraded kitchen, perfect for everyday comfort and entertaining. FINISHED BASEMENT WITH LEGAL SEPARATE ENTRANCE AND SECOND KITCHEN offers excellent potential for extended family or multigenerational living. Situated on a desirable corner lot in an established neighbourhood, close to parks, schools, shopping, major highways, and everyday amenities. A RARE OPPORTUNITY TO OWN A LUXURY HOME IN SHERIDAN PARK!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,839/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 detached homes with 6 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$9,605 / 2026
MLS® number
W14087486
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
2000-2500 sqft
Lot Size
148 x 162 ft
Listed on
Parking
2 Attached, 6 Parking
Listing brokerage: HOMELIFE KINGSVIEW REAL ESTATE INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Sheridan
Municipality
Mississauga

Building

Size
2000-2500 sqft
Construction
Brick

Inside

Bedrooms
4+2
Bathrooms
5
Bathroom Details
1 × 4pc Ground, 1 × 4pc 2nd, 1 × 4pc 2nd, 1 × 4pc Bsmt, 1 × 2pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Attached
Garage
2
Additional Parking
4
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
148 ft
Depth
162 ft
Lot Size
148 x 162 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Appliances and fixtures: verify included items with seller.

Rooms

RoomSizeFeaturesLevel
Living3.766 × 8.84 mhardwood floor, Combined W/Dining, Bay WindowGround
Dining3.66 × 8.84 mhardwood floor, Combined W/Living, O/Looks BackyardGround
Family3.66 × 5.18 mhardwood floor, W/O To Deck, FireplaceGround
Kitchen3.05 × 5.49 mCentre IslandGround
Primary3.72 × 5.42 mhardwood floor, W/I Closet, 4 Pc Ensuite2nd
2nd Br3.35 × 3.38 mhardwood floor, Large Window2nd
3rd Br3.08 × 4.24 mhardwood floor, Large Window2nd
4th Br3.18 × 3.9 mhardwood floor, Large Window2nd

Listing history

Buy/sell history for 2147 Fifth Line, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,499,000N/AFor SaleW14087486

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $299,800

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
$299,800
Total mortgage amount
$1,199,200
Total interest payment
$852,500
Total purchase cost
$2,351,500
Mortgage payment
$6,839/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

42%

Monthly carrying cost

$7,639
−$1,839per month
  • Rent $5,800
  • Shortfall $1,839

Rental income opens at $5,800, the median asking rent of 7 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
$26,455
Total land transfer tax
$26,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$22,455
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 $1,499,000
$21,980
Ontario total
$26,455

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

Lot

Street frontage
148 ft45.1 m
Depth
162 ft49.4 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Credit Valley Conservation’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Credit Valley Conservation’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m27 test or monitoring holes also recorded.250 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
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Region of Peel — North Sheridan Landfill Site (Closed), 840 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion, 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

Detached homes for sale in Sheridan right now

For sale now
34
Median asking price
$2.04M

Middle half: $1.62M to $2.78M

New in 7 days
3

15 in 28 days

Price cuts
12%

4 listings

This home is asking 27% below the median, lower than three quarters of them.

See all homes in Sheridan

Asking 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

Map and tour

Transit nearby

StationLinesDistance
Clarkson GOGO Transit train: Lakeshore West2.2 km
Erindale GOGO Transit train: Milton4.7 km
Erin Mills StationMiWay bus rapid transit: Transitway4.7 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

ElementaryTypeDistanceEQAO average 2024–25
Sheridan Park Public SchoolPeel DSBPublic · grades JK–6 · French Immersion1.1 km67%Grade 3 average
Hillcrest Public SchoolPeel DSBPublic · grades JK–8 · French Immersion1.1 km83%Grade 6 average
École élémentaire Horizon JeunesseConseil scolaire ViamondeFrench-language public · grades JK–61.3 km99%Grade 6 average
St Louis SchoolDufferin-Peel CDSBCatholic · grades JK–81.3 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Iona Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–12850 m57%Grade 9 math
Erindale Secondary SchoolPeel DSBPublic · grades 9–121.7 km59%Grade 9 math
Lorne Park Secondary SchoolPeel DSBPublic · grades 9–122.4 km74%Grade 9 math
École secondaire Gaétan GervaisConseil scolaire ViamondeFrench-language public · grades 9–127.9 km85%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

Similar Active Listings

Recently sold nearby

Sold prices in Sheridan are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record