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    2401 Fifth Line W

    Sheridan Lane Townhomes
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    Highlights

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    15
    Condo Completion:
    2003
    Condo Demand:
    Low
    Unit Size Range:
    1,499 - 2,100 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 2401 Fifth Line WSheridan Lane Townhomes

    Anyone who’s seeking a Mississauga condo for sale should definitely consider Sheridan Lane Townhomes at 2401 Fifth Line W. a developer completed this building back in 2003, but unlike other buildings of that age, maintenance fees are actually very low at $0.32 per-square-foot. The building is 2 storeys tall and is home to 15 suites. Units start at 1499 square feet on the low end, and can go up to 2100 square feet.

    Maintenance fees at 2401 Fifth Line W are only $0.32, significantly lower than the city average of about $0.67 per-square-foot.

    The Neighbourhood

    Not everyone can claim the title of home chef, but those who live in this condo can leave the cooking to the professionals, and grab a bite at Tim Hortons, 241 Pizza and Thai Cuisine Experts. Sheridan has plenty to offer coffee enthusiasts, with great cafes like Tim Hortons, Latin Hut and Starbucks.

    There are a number of grocery stores within a short drive, including Kaf African Carribbean Market Inc. and Terra Foodmart.

    Planning for your future is easy with BMO Bank of Montreal in the area.

    Having Don Gould Park and Sheridan Park Herridge Reservoir within 12 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Sheridan neighbourhood by visiting Sherwood Forrest Village, Woodchester Mall and Millway Shopping Centre.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Envers Chapin Gallery, Crescent Hill Gallery and Progressive Fine Art less than a 5-minute drive away will give you a lift.

    Families with older children will be happy to know that Thinnox STEAM School, ISNA Canada and ISNA High School can be reached by car in under 4 minutes.

    Transportation

    Transit users will need to trek a bit to South Common Centre Bus Terminal, the nearest light transit stop. Those who live in the area can easily drive to Kipling, just 44 minutes from the building.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for Sheridan Lane Townhomes

    Nov, 2025
    2401 Fifth Line W, unit 17 for sale
    Unit 17
    Nov 20, 20254 days on strata
    Sold for $1,015,000Listed for $999,9993 bd | 3 ba | 2,100 sqft | 2 pkg
    Sep, 2025
    2401 Fifth Line W, unit 27 for sale
    Unit 27
    Sep 26, 202571 days on strata
    Sold for $940,000Listed for $999,9003 bd | 4 ba | 1,640 sqft | 2 pkg
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    Explore Sheridan

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,514
    Average Individual Income
    $58,763
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $114,237
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    21%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    40%
    Semi Detached
    39%
    Low Rise Apartment
    12%
    Duplex
    5%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    8%
    Punjabi
    7%
    Spanish
    2%
    Portuguese
    1%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    22%
    College
    20%
    None
    17%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Social Sciences
    12%
    Health & Related Fields
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%



    Days on Strata

    Units at Sheridan Lane Townhomes spend an average of
    71
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Sheridan

    Turnover of Units

    On average, each unit is owned for
    7.4
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 8 condos in the Sheridan area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Sheridan Lane Townhomes offers the
    ?
    best value out of 8 condos in the Sheridan neighbourhood

    Appreciation Rank

    Sheridan Lane Townhomes has the
    ?
    highest ROI out of 8 condos in the Sheridan neighbourhood

    Rental Yield

    Sheridan Lane Townhomes yields the
    ?
    highest rent prices out of 8 condos in the Sheridan neighbourhood

    High Demand

    Sheridan Lane Townhomes is the
    ?
    most popular building out of 8 condos in the Sheridan neighbourhood

    Market Insights

    Transaction Insights at Sheridan Lane Townhomes

    2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$940,000No Data
    Avg. Cost Per SqftNo Data$603No Data
    Avg. Wait for Unit Availability1030 Days1121 DaysNo Data
    Ratio of Units in Building30%65%6%

    Market Inventory

    Total number of units listed and sold in Sheridan