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Listed 3 months ago

2518 Fifth Line W Line S

Sheridan, Mississauga

$1,399,000

Detached|2-Storey
3 | 3 | 6
About this home

Check out this elegant, spacious home on a quiet, family-friendly street in the desirable Sheridan Homelands community. Close to top-rated schools, scenic trails, and convenient shopping, it's perfect for a great lifestyle. With over 2,500 sq. ft. of living space, it blends comfort, function, and style. The chef-style kitchen opens to a private backyard oasis, ideal for entertaining or relaxing with family. A large family room with a cozy fireplace and a main floor office make it perfect for both leisure and remote work. Laundry is located in the basement for added convenience. Upstairs, there are three generous bedrooms with plenty of room for a growing family. The finished basement, with its own entrance, includes one bedroom and a two-piece bath-a great rental opportunity with potential income of $1,700/month. This versatile property is ideal as a dream home or a smart investment. Don't miss it!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,021
Lot Size65 ft x 120.44 ft
mls© NumberW13042740
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,161
Property tax
$585
Heat allowance
$150
Housing costs
$7,896 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$243,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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