Sheridan is considered one of Mississauga’s most prestigious neighbourhoods. Conveniently located west of the city’s downtown, this elegant, character-filled district has been in high demand for years, especially among young families and empty-nesters in the Mississauga-Oakville area. Sheridan’s close-knit feel and suburban village atmosphere make it one of the finest places to purchase Ontario real estate right now. The neighbourhood features many comfortable custom-built properties surrounded by natural beauty, well-maintained parks, and top-notch schools and amenities. Ready to find out if this is the place for you? Keep reading below to learn more about this prime location.
More About Sheridan Real Estate in Mississauga
Sheridan is bound by Dundas Street to the north and Queen Elizabeth Way to the south and spans from the Credit River to Winston Churchill Boulevard from east to west. The neighbourhood consists of three distinct sections: Sheridan Homelands, Sherwood Forest, and the Mississauga Road Corridor.
What is today an established neighbourhood of over 17,000 people started in 1857 as a tiny hamlet founded by pioneer William Hammond. The village, known as Hammondsville at the time, had less than 100 inhabitants living in a handful of homes, a post office, and a church that doubled as community hall and school. The area was rebaptized as Sheridan to honour Irish poet Richard Brinsley Sheridan.
Sheridan Real Estate Market in Mississauga
The Sheridan real estate market has seen its home values rise consistently for years alongside every other market in the Greater Toronto Area. As of today, the average home for sale in Sheridan lists for around $1.7M, but some luxurious properties —many of them custom or carefully renewed, change hands for $5.8M or more.
The percentage of dwellings selling before having been listed for 10 days rose to 90% in the neighbourhood, and according to the local MLS, most Sheridan real estate sold over the asking price. The good news is that Sheridan’s appreciation rates are settling back to their regular, pre-pandemic growth rates. The yearly appreciation rate of this desirable area is now 11% and increasing, which means acquiring property here is a wise decision.
Sheridan offers a wide variety of housing options, ranging from upscale condominiums to starter townhouses, bungalows, and mostly large detached houses that can be custom-built, executive, and in-fills. The majority of the dwellings in this neighbourhood were built between the ‘60s and the ‘90s, and many have a traditional brick or stone facade. Here, spacious land plots and two-car garages are common home features.
Sheridan has some manorial mansions standing in vast, private lots on serene streets filled with mature trees for home purchasers in the luxury market. It will feel like living an ideal country life next to all the city action and perks. In case you want to know more about real estate in the Sheridan sub-areas, here’s a brief overview of them:
This is a classic suburban, family-friendly area with 40-year-old heritage homes, many of them two-storey and back-splits. The streets in Sheridan Homelands are linked together to reduce traffic, and schools are frequently within park grounds. The best home prices in Sheridan can be found here.
Homes in the tree-lined, quiet streets of this part of Sheridan are highly sought-after. Sherwood Forest comprises mainly brick two-storey homes and bungalows on generous lots, many constructed in the 1980s.
This is the most beautiful and exclusive area in Sheridan. Mississauga Road may be just a street, but it concentrates custom and executive residences in huge lots. Additional alternatives for homebuyers are its older properties set for remodelling.
Sheridan Schools in Mississauga
Sheridan offers high-quality education for students of all levels. One of the top alternatives in the neighbourhood for high schoolers is Iona Catholic Secondary School, ranked among the top 16% of all Ontario schools. This and other religious-affiliated schools in Sheridan are under the supervision of the Dufferin Peel Catholic School Board.
The majority of the public, secular educational options in the community are considered average. Still, a few great private alternatives are worth checking out, like Sherwood Heights School and St. Jude’s Academy. Sheridan is less than 10 minutes away from the University of Toronto Mississauga, one of the three campuses in the University of Toronto’s tri-campus system. Here is a brief list of some of the best options for students in the area:
Sheridan Park Public School
2280 Perran Dr, Mississauga, ON L5K 1M1
Thorn Lodge Public School
2730 Thorn Lodge Dr, Mississauga, ON L5K 1L2
Iona Catholic Secondary School
2170 S Sheridan Way, Mississauga, ON L5J 2M4
Erindale Secondary School
2021 Dundas St W, Mississauga, ON L5K 1R2
Phone: +1 905-828-7206
USCA Academy International School
2187 Dunwin Dr, Mississauga, ON L5L 1X2
3553 S Common Ct, Mississauga, ON L5L 2B3
2200 S. Sheridan Way Mississauga, ON L5J 2M4
Colleges & Universities
University of Toronto Mississauga
3359 Mississauga Rd, Mississauga, ON L5L 1C6
Living In Sheridan, Mississauga, ON
Sheridan is a family-centred, safe, and calm Mississauga neighbourhood. There’s practically no traffic here, which gives some sections within the neighbourhood a sense of privacy and seclusion. Sheridan prides itself on its strong community spirit. If you purchase a property here, you’ll encounter young families alongside long-time residents who have spent three decades or more in their houses. To better meet your neighbours, local associations like the Sheridan Homelands Ratepayers’ Association (SHORA) organise events, activities, and initiatives year-round for newcomers to make friends, exchange information, propose solutions to common neighbourhood problems, and have a good time.
Sheridan may be a small suburb, but that is not in conflict with the area’s availability of nearby amenities and services. Sheridan has something for everyone, from well-equipped parks and parkettes to walking trails, sports clubs, golf courses, and shopping & dining experiences. Keep reading for more details.
Parks & Recreation
Most of Sheridan’s recreation opportunities await at Thornlodge Park. The area boasts the Sheridan Tennis Club (with four courts), a natural ice rink area, a children’s playground + splash pad, and the David Ramsey outdoor pool. The Thornlodge Park Trail offers many outdoor activities, including cycling and hiking. For extra fun, locals also have Don Gould Park and Bruce Reynolds Park.
The grounds of the historic Mississauga Golf and Country Club and the Credit Valley Golf and Country Club are partially located within Sheridan. Both facilities provide golf-loving residents with membership plenty of opportunities to practice their swings and participation in a vast array of events, tournaments, and celebrations.
Shopping & Dining
Being a calm residential area, few stores or restaurants are located within walking distance in most parts of Sheridan. However, the neighbourhood has fast access to all the high-end stores, casual eateries, and entertainment venues along Dundas Street on the community’s northern border. In the heart of the neighbourhood, on Erin Mills Parkways, the Sheridan Centre and other plazas and shopping malls offer specialty shops, gourmet restaurants, spas, healthcare facilities, and more.
Sheridan is a car-centric neighbourhood where most locals resolve everyday necessities by driving. Parking is very convenient everywhere in the community. The proximity to major roads, like Highway 403 and Queen Elizabeth Way also makes it easy to get around the neighbourhood and connect with the rest of Mississauga and beyond. Travellers in need of public transportation alternatives have numerous bus lines provided by MiWay (also known as Mississauga Transit) at their disposal.