Homula Realty Brokerage
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1847 Will Scarlett Drive, Mississauga, ON L5K 1J6

3+1 beds · 3 baths · 1 kitchen · 7+6 rooms · 10 parking spaces · 1500-2000 sq ft · Laundry: Laundry Room · Detached
$5,500

Utilities includedNone

Welcome To This Spacious Family Home For Lease In The Prestigious Sherwood Forrest Community. Nestled On A Beautifully Treed 100 X 150 Ft Lot, This Home Offers A Bright, Functional Layout With Generous Living Space Throughout. The Main Level Features An Open-concept Living And Dining Area With Hardwood Flooring, A Wood-burning Fireplace, An Eat-in Kitchen With Updated Appliances, Three Spacious Bedrooms, And Two Full Bathrooms, Including A Private Ensuite In The Primary Bedroom. The Bright, Above-grade Lower Level Offers A Second Fireplace, An Additional Bedroom, A Full Bathroom, And Flexible Space For A Family Room, Recreation Room, Home Office, Or Gym. A Long Private Driveway With Parking For Up To Eight Vehicles And An Attached Two-car Garage Complete The Home. Ideally Located Close To Top-rated Schools, The University Of Toronto Mississauga, Credit Valley Hospital, Parks, Shopping, And Major Highways, This Is An Exceptional Lease Opportunity In One Of Mississauga's Most Sought-after Neighbourhoods.

MLS number
W13755484
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
L5K 1J6
Photos
32
Laundry
Laundry Room
4days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Erindale Secondary School
Peel DSB
Secondary924 m7.3 / 10
73% met the standard · 2 of 6 measures
Sheridan Park Public School
Peel DSB
Elementary1.1 km6.7 / 10
67% met the standard · 3 of 6 measures
ÉÉC Saint-Jean-Baptiste
CS catholique MonAvenir
Elementary1.2 km7.9 / 10
79% met the standard
Homelands Senior Public School
Peel DSB
Elementary1.7 km6.1 / 10
61% met the standard · 3 of 6 measures
Iona Secondary School
Dufferin-Peel CDSB
Secondary1.9 km7.0 / 10
70% met the standard · 2 of 6 measures
St Francis of Assisi School
Dufferin-Peel CDSB
Elementary1.7 km6.1 / 10
61% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Mississauga2,537 leases over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median rentWhat comparable units actually leased for
$3k/mo$4k/mo$6k/mo20252026this home’s asking price
$3k/molatest quarter · hover to read any
Leased vs askingAbove 100% means bidding wars were normal
96%100%104%20252026the asking price
100%latest quarter · hover to read any
Days to leaseMedian days on market before the deal closed
-1d15d31d20252026
21dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the leases that closed in that quarter among detached houses in mississauga. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 356 people.

$212,000Median household income
95.7%Own their home
95.7%Detached houses
49.6Median age
27.4%Born outside Canada
50.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35210452 — the few blocks around this address, home to 356 people. It describes the area, not this property.

356Population
44.9Average age
3.1Household size
$395,000Average household income
$212,000Median household income
96%Own their home
4%Rent
0%Condominiums
27%Born outside Canada
51%University degree
$1,800,000Average home value
4%Low income
77%Not in the labour force
31%Never married
$80,000 to $89,9993%
$100,000 and over48%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9998%
$200,000 and over33%

Percentages are of the 200 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$1,100 · minimum here is $275
$24.35per month
Borrowed before insurance$4,400
Total borrowed$4,400
Interest over 25 years at 4.5%$2,906

If you rented it out

-$24.35per month out of pocket
Rent$0.00
Everything it costs to hold$24.35
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by FOREST HILL REAL ESTATE INC.. Listing data provided by the Toronto Regional Real Estate Board.