For Lease
2451 Loanne Drive LOWER #LOWER
Sheridan, Mississauga, ON
$2,000
1Bd
1Ba
1,750+sqft
2Parking
100 x 180 ftlot
$1/sqft
DetachedMLS# W12980204Listed 2026-04-1061 DOM
Cooling
Central Air
Basement
Finished
On the market for 61 days — longer than average. The seller may be open to negotiation.
About this home
Located in the prestigious and peaceful Sheridan community of Mississauga, this bright and spacious two-bedroom, one-bathroom basement apartment on Loanne Drive offers a perfect blend of comfort and convenience. The unit features a functional open-concept layout with large windows that provide plenty of natural light, creating a welcoming atmosphere. Residents will enjoy the ultimate convenience of dedicated in-suite laundry and two private driveway parking spaces, a rare find for a basement suite. Situated just minutes from the University of Toronto Mississauga (UTM), the QEW, and Erindale GO Station, this home is a commuter's dream. Tenants will benefit from living in a high-end, tree-lined neighborhood steps away from beautiful parks and trails, combining the privacy of a separate entrance with a prime location near all essential shopping and transit hubs. INTERIOR PICTURES COMING SOON
Basement Apt
Features
- Other
- Finished
- Separate Entrance
- Central Air
- 1 1/2 Storey
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield1200.0% – 1800.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Mississauga
Days on market61 days
Buyer's MarketSeller's Market
Based on active listings in Mississauga. Data updates daily.
Demographics — Mississauga
Population
717,961
Avg Household Income
$105,000
Age Distribution
0-19
21%
20-34
20%
35-49
21%
50-64
20%
65+
18%
Ownership71% own · 29% rent
EnglishUrduArabicPunjabiPolish
Other rentals like this
Similar rentals in Mississauga
Same property type, similar price, similar size — currently for rent.
For LeaseJust listed
$1,750
Detached
654 Eaglemount Crescent, Erindale
Mississauga, ON
1 bd
1 ba
—
0
MLS# W13429280Manor Hill Realty Inc.
WhatsApp Aman
For Lease17 h ago
$1,800
Detached
3986 Passway Road Basement Unit #Basement Unit, Lisgar
Mississauga, ON
1 bd
1 ba
900
1
MLS# W13429150Re/Max Metropolis Realty
WhatsApp Aman
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
76
/ 100
Walk Score
Very Walkable
62
/ 100
Transit Score
Good Transit
70
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.