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    Mississauga / Erin Mills

    3040 Fifth Line W

    3040 Fifth Line Townhomes
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    Highlights

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    13
    Condo Completion:
    2008
    Condo Demand:
    High
    Unit Size Range:
    1,619 - 1,699 SQFT
    Unit Availability:
    Low
    Property Management:
    Maple Ridge Community Management

    Amenities

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

    About 3040 Fifth Line W — 3040 Fifth Line Townhomes

    3040 Fifth Line Townhomes stands 2 storeys tall at 3040 Fifth Line W and contains 13 units. This Mississauga condo was completed in 2008 by a developer. Suite sizes range from 1619 square feet to 1699 square feet.

    The Suites

    The average cost per-square-foot for a unit at 3040 Fifth Line W is $512, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at 3040 Fifth Line Townhomes spend 16 days on the market on average and usually sell for -2.29% below the listing price. In the last 12 months, 0 units has rented, and 2 have sold.

    The Neighbourhood

    Residents at 3040 Fifth Line Townhomes don’t have to drive more than 3 minutes to get to a variety of popular restaurants, including Popular Pizza, Sufra Resturant and Pizzaville. Get to know Erin Mills by exploring local cafes like Latin Hut, Starbucks and McDonald's.

    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.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Brookmede Park, Windy Hollow and Millway Gate Park are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with Millway Shopping Centre, Sherwood Forrest Village and Woodchester Mall just 3 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Progressive Fine Art, Crescent Hill Gallery and Envers Chapin Gallery less than a 4-minute drive away will give you a lift.

    If you're open to commuting, a quick transit ride offers even more options, including Thinnox STEAM School, Active Education Learning Centre and Gems Learning Institute.

    Transportation

    Taking public transit? The nearest light transit stop is South Common Centre Bus Terminal. Those who live in the area can easily drive to Kipling, just 44 minutes from the building.

    Curious about similar condos in the area? Check out 3079 Fifth Line W, 3140 Fifth Line W and 2020 South Millway — all within walking distance.

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

    Listing History for 3040 Fifth Line Townhomes

    Sep, 2025
    3040 Fifth Line W, unit 1 for sale
    Unit 1
    Sep 19, 202511 days on strata
    Sold for $862,000Listed for $869,0003 bd | 4 ba | 1,600-1,799 sqft | 2 pkg
    3040 Fifth Line W, unit 1 for sale
    Unit 1
    Sep 07, 202572 days on strata
    SuspendedListed for $909,0003 bd | 4 ba | 1,600-1,799 sqft | 2 pkg
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    Similar Condos

    Explore Erin Mills

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Building Trends At 3040 Fifth Line Townhomes

    Days on Strata

    Units at 3040 Fifth Line Townhomes spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Erin Mills

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 44 condos in the Erin Mills area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    3040 Fifth Line Townhomes offers the
    ?
    best value out of 44 condos in the Erin Mills neighbourhood

    Appreciation Rank

    3040 Fifth Line Townhomes has the
    ?
    highest ROI out of 44 condos in the Erin Mills neighbourhood

    Rental Yield

    3040 Fifth Line Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Erin Mills neighbourhood

    High Demand

    3040 Fifth Line Townhomes is the
    ?
    most popular building out of 44 condos in the Erin Mills neighbourhood

    Market Insights

    Transaction Insights at 3040 Fifth Line Townhomes

    3 Bed3 Bed + Den
    Price Range$837,000 - $862,000No Data
    Avg. Cost Per Sqft$524No Data
    Avg. Wait for Unit Availability487 Days2014 Days
    Ratio of Units in Building45%45%

    Market Inventory

    Total number of units listed and sold in Erin Mills