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Listed 12 days ago

8 - 2401 Fifth Line W

Sheridan, Mississauga

$860,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Gorgeous executive townhome approximately 1500 square feet and located in the sought after area of Sheridan Homelands. Nestled in a boutique condominium complex with only 15 units in total. Spacious living/dining room area with new hardwood floors (2026), gas fireplace with custom mantle, and garden doors leading to a backyard patio. Open concept kitchen with new hardwood floors (2026), stainless steel appliances, wine rack, under cabinet lighting, and centre island with breakfast bar. Fantastic layout with 9' foot ceilings on the main level, stunning 2' by 2' porcelain entrance floors (2026) and 2 piece powder room with pedestal sink. Three upper level bedrooms with laminate floors, convenient 2nd floor laundry, and main 4 piece bathroom. Primary bedroom retreat with walk-in closet with organizers, and 4 piece en-suite with an oval jacuzzi tub. Second bedroom with semi en-suite and double closet. Finished basement with recreation with laminate floors and lots of storage space. Backyard oasis with walk-out to a private patio area with privacy fence and lush professionally landscaped gardens. Premium location just minutes away to schools, parks, trails, shopping, transit, highways, Clarkson Go Station, South Common Recreation Centre, tennis/pickleball, sports fields, and University of Toronto (UTM).

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. Age16-30
Size1400-1599 sq. ft.
Maintenance Fees$779
LockerNone
BalconyNone
ExposureNorth
Parking TypeAttached
Parking Spaces2
Parking FeaturesNone
Property Tax$6,409
mls© NumberW13602136
Listed ByRE/MAX REALTY SPECIALISTS INC.
Common Elements Included
Parking Included

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%
$4,402
Property tax
$534
Heat allowance
$150
Condo fees, half counted
$390
Housing costs
$5,476 / mo

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

Down payment20% · $172,000
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,619 / mo
Cash down
$172,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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