2637 5TH Line, Mississauga, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Sheridan. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $2,188,888 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 121.4 x 165 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Separate Heating Controls, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in the heart of Mississauga, this expansive multi-generational family home exudes a timeless charm and functionality that spans generations. Built in 1963 and meticulously maintained by the original family, this property offers the ultimate in flexibility. The main house boasts four generously sized bedrooms, ideal for accommodating a large family comfortably. A finished basement offers additional living space, perfect for recreation or relaxation. Adding to its allure, a separate 1-bedroom apartment with its own entrance provides flexibility for extended family or rental income. A standout feature of this home is its thoughtful accessibility, featuring an elevator that effortlessly services both the main house and the apartment, ensuring convenience for all occupants. For the hobbyist or craftsman, a workshop in the garage offers a dedicated space for creative pursuits. The expansive lot spans 121 feet by 165 feet, offering ample outdoor space for gardening, play, or future development potential. With its generous dimensions, the lot presents a possibility for severance, subject to the buyer's due diligence. This property not only promises a comfortable and adaptable living space but also embodies a rich history of family ownership and care, making it a rare find in Mississauga's real estate landscape. Parking for 10 cars!
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Property Summary
This detached home located at 2637 5TH Line, Mississauga is currently for sale and has been available on SousaSells for 742 days. This property is listed at $2,188,888 with an estimated mortgage of $7,286* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 2637 5TH Line, Mississauga is in the Sheridan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital
Interior Features
Separate Heating Controls, Water Heater
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Community Features
Location
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 2637 5TH Line W, Mississauga, ON L5K 1V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $2,188,888 in Mississauga, the legal minimum down payment is $437,778 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 $41,197 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 $41,197.
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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.