5198 Forest Ridge Drive, Mississauga, ON

$2,425,000
MLS#:W12154455
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5 beds
6 baths
3500-5000 sqft
9.0 parking
Residential Freehold
Sold property - 5 Bed, 6 Bath Home at 5198 Forest Ridge Drive Mississauga ON listed at $2,425,000 (MLS# W12154455) - Main View
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This property was sold on June 2, 2025. Listing is for reference only.
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Similar Listings in Central Erin Mills, Mississauga

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Added:May 16, 2025(492 days ago)
Updated:Jun 2, 2025(475 days ago)
Last Checked:14 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,425,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 6 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 63.45 x 154.17 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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*Ravine Lot* in the sought-after Credit Mills area. Spanning an impressive 4,700+ square feet, with an additional finished basement, this residence seamlessly blends grand space with comfort, all while backing onto a serene forest, enhancing its value and tranquility. Upon entering, you are greeted by an expansive layout featuring high ceilings, 4 spacious bedrooms and 4 full bathrooms complemented by 2 additional 2-piece bathrooms, including one conveniently located in the cabana by the pool. Cozy up near one of the 4 gas fireplaces throughout the home, each adding warmth and ambiance. Step outside to your own paradise, where a spectacular saltwater Solda swimming pool awaits, complete with a stunning waterfall, safety cover, and a Polaris pool cleaner. Enjoy year-round relaxation in the hot tub or unwind in the stylish cabana, which features its own 2-piece washroom and changing room. The professionally landscaped gardens, adorned with wisteria and illuminated by garden lights, create a picturesque setting for outdoor gatherings. The backyard is fully fenced for privacy and backs onto the scenic Erin Woods Park, offering walking trails and natural beauty right at your doorstep. Inside, the custom-designed kitchen features granite countertops, maple cabinets that extend to the ceiling, self-closing drawers, high-end built-in Miele dishwasher and a built in recycling bin. Oak floors flow throughout the main and upper levels (excluding the billiard room), showcasing exquisite design details such as crown moldings and smooth ceilings. The home features a second staircase leading to the potential main floor primary bedroom (current billiard room and library) which includes a 3-piece ensuite bathroom, providing the flexibility for potential rental income or an in-law suite. In-ground lawn and garden sprinkler system, operated by a Rachio smart controller, electric car charging outlet in the garage. Water filtration system with reverse osmosis drinking water system.

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Property Summary

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This detached home located at 5198 Forest Ridge Drive, Mississauga is currently for sale and has been available on SousaSells for 492 days. This property is listed at $2,425,000 with an estimated mortgage of $8,072* per month. It has 5 beds, 6 bathrooms, and is 3500-5000 square feet. 5198 Forest Ridge Drive, Mississauga is in the Central Erin Mills neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Central Erin Mills, Mississauga.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •6 well-appointed bathrooms
  • •3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Central Erin Mills, Mississauga.

Target Buyer Match

Key Features

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Bedrooms
5
Bathrooms
6
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateJune 2, 2025
Sold price information is available to members only
AddedMay 16, 2025 (492 days ago)
UpdatedJun 2, 2025 (475 days ago)
Last Checked14 minutes ago
Transaction TypeFor Sale
List Office NameSAM MCDADI REAL ESTATE INC.

Property Details

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Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size63.45 × 154.17 Feet
CountyPeel
Annual Tax$14,419
Legal DescriptionPCL 24-1, SEC 43M870 ; LT 24, PL 43M870 , T/W PT LT 2, REGISTRAR'S COMPILED PLAN 1003, PT 20, 43R10557 AS IN RO551159; S/T A RIGHT AS IN LT1469486, LT1476697 ; S/T LT1050512 CITY OF MISSISSAUGA

Parking & Garage

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Parking Total9.0
Parking Space6
Garage TypeBuilt-In

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

  • Ravine
  • Greenbelt/Conservation
  • Electric Car Charger
  • Fenced Yard
  • Park
  • Hospital

Interior Features

  • Auto Garage Door Remote
  • In-Law Suite
  • Primary Bedroom - Main Floor
  • Ventilation System
  • Water Heater Owned
  • Water Purifier
  • Water Softener

Security Features

  • Smoke Detector

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Mississauga Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Mississauga?

This property at 5198 Forest Ridge Drive, Mississauga, ON has closed. If you own a home on this street or nearby in Mississauga, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 5198 Forest Ridge Drive, Mississauga, ON

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Q.What is the asking price for 5198 Forest Ridge Drive, Mississauga, ON ?

The current listing price for 5198 Forest Ridge Drive, Mississauga, ON in Central Erin Mills, Mississauga is $2,425,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 5198 Forest Ridge Drive, Mississauga, ON ?

5198 Forest Ridge Drive, Mississauga, ON is a Detached (2-Storey) featuring a Finished, Full basement.

Q.What key property features does 5198 Forest Ridge Drive, Mississauga, ON offer?

Key property features include: Ravine, Greenbelt/Conservation, Electric Car Charger, Fenced Yard, Park, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor, Ventilation System, Water Heater Owned, Water Purifier, Water Softener.

Q.What security features are installed at 5198 Forest Ridge Drive, Mississauga, ON ?

Security features include: Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 9.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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5198 Forest Ridge Drive, Mississauga, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Central Erin Mills, Mississauga

SAFETY RATING8.8 / 10
Low Incident Area
Total Annual Incidents120 incidents / yr
Average Per Month10.0 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

45 assaults (45.0/100k)

Property Security
Low

20 B&E (40.0/100k)

Auto Theft Risk
Low Risk

29 thefts (45.0/100k)

1-Year Trend
â–¼ 4.2%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Peel Regional Police (PRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 5198 Forest Ridge Drive, Mississauga, ON L5M 5B3

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Central Erin Mills, Mississauga Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Erin Mills, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,043,836

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Best Schools in Central Erin Mills, Mississauga

Elementary Schools

St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3
St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Bernadette
Public1060 White Clover Way, Mississauga, Ontario, L5V 1G7
5.0
St Raymond
Public5735 Whitehorn Avenue, Streetsville, Mississauga, Ontario, L5V 2A9
4.3
St Valentine
Public5610 Heatherleigh Avenue, Mississauga, Ontario, L5V 2V7
6.9

Secondary Schools

St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Francis Xavier
Catholic50 Bristol Road West, Hurontario, Mississauga, Ontario, L5R 3K3
8.0

Central Erin Mills, Mississauga Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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