2340 Homelands Drive, Mississauga, ON

$1,125,000
MLS#:W12554946
4 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 9, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Sheridan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,125,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 67.53 x 120 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this fantastic 4-bedroom, 3-bathroom home, offering over 2,500 sq. ft. of total living space in the family-friendly and highly sought-after neighbourhood of Sheridan Homelands. Nestled on a private, 67 by 120-foot treed lot, this property boasts exceptional curb appeal and an unbeatable location. Step inside, where classic charm meets modern updates on the bright main floor. Gleaming hardwood floors flow from the spacious living and dining areas into a beautifully renovated kitchen-the true heart of the home. This stunning space features quartz countertops, a peninsula quartz island, stainless steel appliances, and a walkout to the backyard. The cozy family room, complete with a wood-burning fireplace and French doors, opens onto a large stone patio, creating a seamless indoor-outdoor flow perfect for entertaining. Upstairs, the hardwood continues throughout four generous bedrooms. The primary suite is a private retreat offering a double closet and a 3-piece ensuite. A well-appointed 4-piece main bathroom serves the 3 additional spacious bedrooms. The finished basement adds valuable living space with a large recreation room, a separate laundry room, and ample storage. Offering exceptional privacy, the substantial, fully-enclosed backyard presents a canvas for recreation and relaxation. Enjoy an active lifestyle with Thornlodge Park, Sheridan Tennis Club, pickleball courts, and the South Common Recreation Centre all just a short walk away. Benefit from a premium location neighbouring Oakville, with easy access to the QEW and 403. You are just moments from the Clarkson GO Station, top-rated schools, the University of Toronto (UTM), shopping, and the Port Credit Marina. This home is thoughtfully designed for a comfortable family living in a truly exceptional community.

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Property Summary

This detached home located at 2340 Homelands Drive, Mississauga is currently for sale and has been available on SousaSells for 242 days. This property is listed at $1,125,000 with an estimated mortgage of $3,745* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 2340 Homelands Drive, Mississauga is in the Sheridan neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 9, 2025
Sold price information is available to members only
Listed Date11/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Finished
Lot Size67.53 × 120 Feet
CountyPeel
Annual Tax$6,668.42
Legal DescriptionLT 273, PL 755 ; S/T VS5268,VS5622 MISSISSAUGA

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route

Interior Features

Other

Security Features

Community Features

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Location

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2340 Homelands Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2340 Homelands Drive, Mississauga, ON L5K 1G6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$337,500 (30.0%)
* Minimum Canadian down payment required for this price is $225,000.
Amortization Period30 Years
Estimated Monthly Payment$3,745Based on a loan of $787,500 over 30 years.
Purchase Price$1,125,000
Loan Amount$787,500
Provincial Land Transfer Tax:$18,975
Total Estimated Closing Taxes:$18,975

About Purchasing a Home in Mississauga, ON

For a property listed at $1,125,000 in Mississauga, the legal minimum down payment is $225,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,975 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Sheridan, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,930,358

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Olive Grove
Public2300 Speakman Drive, Sheridan, Mississauga, Ontario, L5J 4J8
9.5
St Francis of Assisi
Public2480 Thorn Lodge Drive, Sheridan, Mississauga, Ontario, L5K 1K5
5.6
Saint-Jean-Baptiste
Public1910 Broad Hollow Gate, Erin Mills, Mississauga, Ontario, L5L 3T4
7.1
St Margaret of Scotland
Public2266 Council Ring Road, Erin Mills, Mississauga, Ontario, L5L 1C1
6.2
Horizon Jeunesse
Public1445 Lewisham Drive, Clarkson, Mississauga, Ontario, L5J 3R2
9.3

Secondary Schools

ISNA High School
Public2200 South Sheridan Way, Clarkson, Mississauga, Ontario, L5J 4J8
8.9
Erindale SS
PublicErindale, Mississauga, Ontario
6.2
Lorne Park SS
PublicLorne Park, Mississauga, Ontario
7.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.