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For SaleDetached · 2-StoreyMLS® #W14172358 · TRREB MLS®

5157 Forest Hill Dr, Mississauga, Ontario

Central Erin Mills, Mississauga, Ontario L5M 5A5

Bedrooms
5
Lot Size
64.96 x 141.08 ft
Bathrooms
5
Type
Detached
Basement
Finished

$2,299,900

Estimated market value

About 5157 Forest Hill Dr

5157 Forest Hill Dr is a 5-bedroom, 5-bathroom detached house in Central Erin Mills, Mississauga, listed for sale at an asking price of $2,299,900 (MLS® W14172358).

EXCEPTIONAL 5-BEDROOM EXECUTIVE HOME IN PRESTIGIOUS CREDIT MILLS! Offering 4,291 sq. ft. abovegrade and over 6,000 sq. ft. of finished living space including the basement, this impressivedetached residence sits on a generous 65 x 141 ft. lot and features a rare 3-car garage plusdriveway parking for 3.Step into a grand central atrium with soaring 17.75-ft. ceilings and an elegant spiralstaircase-a memorable introduction to the home's spacious design. The main level offers aformal living room with wood-burning fireplace, separate dining room, and a sprawling kitchenwith abundant cabinetry, French doors and a sun-filled breakfast area overlooking the expansivebackyard. A large family room with a second wood-burning fireplace provides the perfectgathering space, while sliding doors lead to an oversized wood deck ideal for summerentertaining.A dedicated main-floor office and convenient laundry room with access to both garage andbackyard complete this level.Upstairs are 5 generously sized bedrooms, including an expansive primary retreat with a largewalk-in closet and 5-piece ensuite. A second bedroom enjoys its own 4-piece ensuite, while aseparate 5-piece bathroom serves the remaining bedrooms.The finished basement adds extensive flexible recreation space, a workshop and a professionallyrenovated bathroom.Enjoy the space, privacy and prestige of Credit Mills, close to Erin Mills Town Centre, CreditValley Hospital, parks, shops, restaurants and access to Highways 403 and 401. A remarkableopportunity for growing families seeking room to live, work and entertain!

Insights

  • Condition Score

    Good
    73out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    5out of 100

    −$6,731/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 42 detached homes with 5 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$14,861 / 2026
MLS® number
W14172358
Board
TRREB MLS®
Property Type
Detached
Building Age
31-50
Days on market
Size
3500-5000 sqft
Lot Size
64.96 x 141.08 ft
Listed on
Parking
3 Built-In, 6 Parking
Listing brokerage: RE/MAX REALTY SPECIALISTS INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 5157 Forest Hill Dr, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$2,299,900—For SaleW14172358

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Central Erin Mills
Municipality
Mississauga

Building

Size
3500-5000 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
5
Bathrooms
5
Bathroom Details
1 × 5pc 2nd, 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 3pc Bsmt, 1 × 2pc Ground
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private Triple
Garage Type
Built-In
Garage
3
Additional Parking
3
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
64.96 ft
Depth
141.08 ft
Lot Size
64.96 x 141.08 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Fridge, stove, dishwasher, both microwaves, washer, dryer, electric light fixtures, window coverings and basement upright piano.

Rooms

RoomSizeFeaturesLevel
Primary4.16 × 9.14 mO/Looks Backyard, W/I Closet, 5 Pc Ensuite2nd
2nd Br3.17 × 4.24 mBroadloom, Large Window, Double Closet2nd
3rd Br3.6 × 5.03 mO/Looks Frontyard, Double Closet, 4 Pc Ensuite2nd
4th Br2.3 × 3.6 mO/Looks Frontyard, Broadloom, Double Closet2nd
5th Br4.67 × 5.18 mLarge Closet, Window, O/Looks Frontyard2nd
Foyer3.83 × 5.86 mhardwood floor, Open ConceptMain
Living3.99 × 5.61 mLarge Window, O/Looks Frontyard, FireplaceMain
Dining3.91 × 4.52 mBroadloom, Large WindowMain
Kitchen3.81 × 4.37 mCeramic Floor, O/Looks Backyard, French DoorsMain
Breakfast3.61 × 4.04 mCeramic Floor, Combined W/Kitchen, W/O To DeckMain
Family4.32 × 5.16 mBroadloom, O/Looks Backyard, FireplaceMain
Office3.58 × 3.66 mBroadloom, Large Window, Separate RmMain
Laundry1.88 × 3.71 mCeramic Floor, W/O To YardMain
Rec3.38 × 13.13 mLaminate, Open Concept, Pot LightsBsmt
Rec2.67 × 13.13 mLaminate, Open Concept, 3 Pc BathBsmt
Den2.29 × 3.38 mLaminate, ClosetBsmt
Workshop1.93 × 2.82 mUnfinished, Separate RmBsmt

Map and tour

Detached homes for sale in Central Erin Mills right now

For sale now
35
Median asking price
$1.7M

Middle half: $1.31M to $2.57M

This home is asking 35% above the median.

See all homes in Central Erin Mills

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$43,973
Total land transfer tax
$43,973
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$39,973
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,299,900
$7,498
Ontario total
$43,973

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Rose of Lima Separate SchoolDufferin-Peel CDSBCatholic · grades JK–8900 m96%Grade 6 average
Middlebury Public SchoolPeel DSBPublic · grades JK–61.5 km72%Grade 3 average
Credit Valley Public SchoolPeel DSBPublic · grades JK–6 · French Immersion1.5 km88%Grade 3 average
ÉÉC Saint-Jean-BaptisteConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–84.1 km76%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
John Fraser Secondary SchoolPeel DSBPublic · grades 9–121.3 km82%Grade 9 math
St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–121.6 km68%Grade 9 math
Streetsville Secondary SchoolPeel DSBPublic · grades 9–12 · French Immersion1.7 km65%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.3 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Streetsville GOGO Transit train: Milton950 m
Erin Mills StationMiWay bus rapid transit: Transitway1.8 km
Erindale GOGO Transit train: Milton2.9 km
Winston Churchill StationMiWay bus rapid transit: Transitway2.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.

Lot

Lot area
9,165 sq ft851 m²
Street frontage
64.96 ft19.8 m
Depth
141.08 ft43 m
64.96 × 141.08 ftFOREST HILL DR

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $459,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$459,980
Total mortgage amount
$1,839,920
Total interest payment
$1,307,980
Total purchase cost
$3,607,880
Mortgage payment
$10,493/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

71%

Monthly carrying cost

$11,731
−$6,731per month
  • Rent $5,000
  • Shortfall $6,731

Rental income opens at $5,000, the median asking rent of 42 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Central Erin Mills are shown to signed-in members.

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