$2,699,000

For sale

5291 Forest Hill Drive, Mississauga (Central Erin Mills) - Single Family for Sale

5291 Forest Hill Drive, Mississauga (Central Erin Mills), Ontario, L5M5B7

8 beds5 baths9 parking4,250 ft²60 × 144 ft (8,646 sq ft) lot sizeListed 26 days ago

Overview

This 8-bedroom, 5-bathroom home in Mississauga is for sale offering roughly 4,250 sq ft of space. It has been on the market 26 days, fresher than the Mississauga average of 57 days.

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Description

Welcome to an exceptional residence in the heart of Central Erin Mills, situated on a premium 60' x 144' lot and offering approximately 4,600 sq. ft. above grade and more than 6,000 sq. ft. of luxurious living space. The thoughtfully designed, generously proportioned floor plan provides a natural flow from room to room-ideal for refined everyday living and effortless entertaining.At the heart of the home is a chef-inspired kitchen featuring premium Bosch appliances, extensive cabinetry, and an elegant centre island. The spectacular two-storey, open-to-below family room is anchored by a striking fireplace and filled with natural light, creating a space that is both dramatic and inviting.Beautifully renovated bathrooms showcase sophisticated contemporary finishes, while the spacious bedrooms and principal living areas offer exceptional comfort and versatility throughout. The expansive lower level is an entertainer's dream, with abundant space for gatherings, recreation, a home gym, or additional living accommodations.Ideally located within the sought-after John Fraser Secondary School catchment and minutes from Credit Valley Hospital, Erin Mills GO Station, major highways, parks, and everyday amenities, this remarkable home presents a rare opportunity to enjoy sophisticated living in one of Mississauga's most desirable communities. (id:66096)

Property Details

MLS®: W13882168
Property Type: Single Family
Bedrooms: 8
Beds (above / below): 5 above · 3 below
Bathrooms: 5
Parking: 9
Interior Size: 4,250 ft²
Lot Size: 60 × 144 ft (8,646 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $15,022/yr

Rooms

Main level

Family room: 6.52 x 4.12 meters
Living room: 6.51 x 4.07 meters
Dining room: 5.53 x 4.15 meters
Office: 5.19 x 4.46 meters
Kitchen: 4.6 x 4.13 meters
Eating area: 2.9 x 4.13 meters

Second level

Bedroom 5: 3.96 x 3.65 meters
Primary Bedroom: 8.25 x 4.15 meters
Bedroom 2: 5.41 x 5.39 meters
Bedroom 3: 4.46 x 4.19 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Oven - Built-In, Window Coverings, Garage door opener remote(s), Water Heater
Flooring: Hardwood, Laminate, Porcelain Tile
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Mississauga (Central Erin Mills) listings, avg age

57d

Price / ft²

$635

List price

$2.70M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 8-bed single family in Mississauga (Central Erin Mills) has been listed for 26 days, which is 31 days fresher than the city average of 57. Act while there is still low competition.

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Listed by SMART SOLD REALTY · LINDA HUANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $2,699,000, about 22.9× the local median household income of $118,000.

Carrying it typically needs a household income of about $527,209 (20% down, 25-yr amortization, stress-tested) — roughly 347% above the area median.

Median household income: $118,000
Population: 106,468
Median age: 39.6
Owner / renter: 77% / 23%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L5M)

$2,699,000· $635/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $539,800

Min 20%50%

Mortgage payment$11,511/mo

Property tax (est.)$1,252/mo

Total monthly$12,762

Cash Needed to Close

Down payment (20%)$539,800

Land transfer tax$53,950

Est. closing costs$10,597

Total cash needed$604,347

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