854 Forestwood Drive, Mississauga, ON

$1,150,000
MLS#:W12761992
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 17, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Erindale. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,150,000 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 50 x 120 ft lot
  • Features a 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: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautiful backsplit home, thoughtfully designed for both everyday living and effortless entertaining. Enjoy the double private driveway and a welcoming walkway leading to the front door, complete with a charming seating area and gardens. Enjoy the LeafFilter gutter guards, providing added ease and low-maintenance living. Within, the updated modern kitchen features sleek stainless steel appliances, a gas stove, and overlooks the inviting family room, perfect for staying connected while you cook. Just off the family room is a versatile separate space with a double closet, ideal for a home office, den, or guest room. The bright living room boasts a large picture window creating an airy and welcoming atmosphere into the dining room area. Step outside and enjoy entertaining on the walk-out patio, overlooking a yard complete with a handy storage shed. Upstairs, unwind in comfortable bedrooms featuring hardwood floors and double closets, including a cozy primary retreat with an updated semi -ensuite bathroom. The lower level offers a generous recreation area, providing even more space to relax, play, or host guests. A wonderful place to call home, stylish, functional, and ready to enjoy.

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Property Summary

This detached home located at 854 Forestwood Drive, Mississauga is currently for sale and has been available on SousaSells for 162 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 854 Forestwood Drive, Mississauga is in the Erindale neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 17, 2026
Sold price information is available to members only
Listed Date2/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick, Other
BasementFinished
Lot Size50 × 120 Feet
CountyPeel
Annual Tax$6,254.88
Legal DescriptionLt 144 Pl 898 Mississauga S/T Right in VS190706; S/T VS150148 Mississauga

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote

Security Features

Community Features

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Location

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854 Forestwood 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 854 Forestwood Drive, Mississauga, ON L5C 1G8

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.

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Interest Rate4.00%
Down Payment$345,000 (30.0%)
* Minimum Canadian down payment required for this price is $230,000.
Amortization Period30 Years
Estimated Monthly Payment$3,828Based on a loan of $805,000 over 30 years.
Purchase Price$1,150,000
Loan Amount$805,000
Provincial Land Transfer Tax:$19,475
Total Estimated Closing Taxes:$19,475

About Purchasing a Home in Mississauga, ON

For a property listed at $1,150,000 in Mississauga, the legal minimum down payment is $230,000 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 $19,475 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 $19,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,302,760

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

McBride Avenue
Public974 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1L6
5.0
John XXIII
Public915 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M1
8.0
Hawthorn
Public2473 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X1
7.1
Springfield
Public3251 The Credit Woodlands, Erindale, Mississauga, Ontario, L5C 2J7
6.5
St Gerard
Public1300 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M8
6.1

Secondary Schools

Erindale SS
PublicErindale, Mississauga, Ontario
6.2
The Woodlands School
Public3225 Erindale Station Road, Erindale, Mississauga, Ontario, L5C 1Y5
8.3
St. Martin
Catholic2470 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X2
4.9

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.