5187 Forest Hill Drive, Mississauga, ON
Property no longer active
This property was sold on December 13, 2024. 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 Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,650,000 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.
- 6 Bedrooms and 6 Bathrooms with 2 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 64.14 x 140.88 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient other configuration
- Notable attributes: Central Vacuum, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Diplomate Living Neighborhood,Executive Prestigious "Credit Mills" Town Wood Home, 6500+ Sq. Ft. of Luxury Living including basement on a 65' Premier Lot. Located Near Most Desirable Mississauga Rd, Detached Home Features 4+2 Bedrooms, 6 Washrooms, 3 Car Garage W/Double Door Main Entry. Main Laundry At Main Level .The Living Room Boast 2-Storey High Ceiling over 22" Ceiling Living Room,Rare Bright Large Foyer Area.Enjoy a Spacious & Open Floor Plan W/ Large Office Room Space, Separate Dining Room, and Main Level Laundry. The Large Breakfast Area Combines with the Kitchen, Offering a Walkout to a Treed, Fenced Private Backyard & Sun-Drenched. Also Features 2 Bedroom Bright Basement W/Separate Entrance And A Potential Large In-Law Suite, Separate Laundry, Open Concept Kitchen Area (approx. 650 sq ft),Combined With Living Area Luxurious Comfort and Cozy Winters W/3-Sided Fireplace in Living & Master Bedroom & Family Room. Two Huge Oversized Master Bedrooms with 5 Pc. Ensuite Baths, Marley Tile Roof, Newer Windows, 2 Furnaces, and A/C. 3 Additional Good Sized Bedrooms with Ensuite. Very Large Interlock Driveway with Parking for 9 Cars. Minutes to Toronto International Academy, GO Station, Transit, Highways 401/403, Top-Ranked Schools, UTM, Erin Mills Town Centre,1 KM to Trillium Health Partners - The Credit Valley Hospital.
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Property Summary
This detached home located at 5187 Forest Hill Drive, Mississauga is currently for sale and has been available on SousaSells for 617 days. This property is listed at $2,650,000 with an estimated mortgage of $8,821* per month. It has 6 beds, 6 bathrooms, and is 5000 + square feet. 5187 Forest Hill Drive, Mississauga is in the Central Erin Mills 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
Fenced Yard, School, Wooded/Treed, Hospital, Rec./Commun.Centre, Public Transit
Interior Features
Central Vacuum, Other
Security Features
Community Features
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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 5187 Forest Hill Drive, Mississauga, ON L5M 5A5
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 $2,650,000 in Mississauga, the legal minimum down payment is $530,000 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 $52,725 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 $52,725.
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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.