2543 King Forrest Drive, Mississauga, ON

$1,588,800
MLS#:W12522750
4 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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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 $1,588,800 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 58.2 x 121.78 ft lot
  • Features a separate entrance, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful Home in Sherwood Forrest! Set Among Towering Trees on a Private West-Facing Lot in this Highly Sought-After Neighbourhood. Original All Brick 4 Bedroom, 4 Bath Residence with a Bright and Spacious Layout. Features Separate Formal Living and Dining Areas, a Large Eat-In Kitchen Overlooking a Professionally Landscaped Backyard, Perfect for Entertaining, Convenient Main-Floor Laundry and Oversized Double Garage. Walk to University Campus, Local Shops, Parks and Top Rated Schools. Enjoy the Peace and Prestige of Sherwood Forrest Living.

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Property Summary

This detached home located at 2543 King Forrest Drive, Mississauga is currently for sale and has been available on SousaSells for 251 days. This property is listed at $1,588,800 with an estimated mortgage of $5,289* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 2543 King Forrest 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
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 8, 2025
Sold price information is available to members only
Listed Date11/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Walk-Up
Lot Size58.2 × 121.78 Feet
CountyPeel
Annual Tax$10,060
Legal DescriptionPLAN M115, LOT 60

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital

Interior Features

None

Security Features

Community Features

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Location

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2543 King Forrest 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 2543 King Forrest Drive, Mississauga, ON L5K 2E5

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$476,640 (30.0%)
* Minimum Canadian down payment required for this price is $317,760.
Amortization Period30 Years
Estimated Monthly Payment$5,289Based on a loan of $1,112,160 over 30 years.
Purchase Price$1,588,800
Loan Amount$1,112,160
Provincial Land Transfer Tax:$28,251
Total Estimated Closing Taxes:$28,251

About Purchasing a Home in Mississauga, ON

For a property listed at $1,588,800 in Mississauga, the legal minimum down payment is $317,760 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 $28,251 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 $28,251.

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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.