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Neighbourhood in Mississauga
Homes for rent in Sheridan
Sheridan is a quiet neighbourhood in Mississauga known for its spacious homes and good schools. It offers a suburban feel with many amenities nearby.
At a glance
2358 Thorn Lodge Drive
Mississauga (Sheridan)
Listed 1 day ago
- 4Bedrooms
- 2Bathrooms
- 0Garage
- 2.5K~3KSq.Ft.
DetachedFor Rent
1847 Will Scarlett Drive
Mississauga (Sheridan)
Listed 12 days ago
- 3+1Bedrooms
- 3Bathrooms
- 2Garage
- 1.5K~2KSq.Ft.
DetachedFor Rent
2947 Hammond Road
Mississauga (Sheridan)
Listed 20 days ago
- 4Bedrooms
- 4Bathrooms
- 2Garage
- 2.5K~3KSq.Ft.
DetachedFor Rent
1837 Sevenoaks Drive
Mississauga (Sheridan)
Listed 20 days ago
- 4Bedrooms
- 6Bathrooms
- 2Garage
- 3K~3.5KSq.Ft.
DetachedFor Rent
Day to dayLivability
7.4
Schools near listings
out of 10 · averaged over 759 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$1,749,000
In Sheridan
$1,749,000
In Mississauga
$879,900
In Ontario
$709,000
Median monthly rent
$5,000/mo
In Sheridan
$5,000
In Mississauga
$2,699
In Ontario
$2,500
≈ 29.2 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
49
Median $1,749,000
Houses 39 · Condos 10
For rent
12
Median $5,000
Houses 9 · Condos 1
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-27. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly environment with many schools
- Good access to parks and recreational areas
- Higher median income compared to city average
- Variety of housing types available
Keep in mind
- Higher home prices than the city median
- Limited public transit options
The feel of the placeLifestyle
Residents enjoy a peaceful suburban lifestyle with access to various amenities. Daily life here is family-oriented and community-focused.
Within the boundaryWhat's nearby
The boundary
7.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
13
Parks
17
Playgrounds
2
Grocery stores
11
Restaurants
4
Cafés
1
Gyms
1
Libraries
4
Pharmacies
Counted across all 7.8 km² of Sheridan. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
6.5/10
Average rating of the 1 rated school in this area
6
Elementary
St Francis of Assisi School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
6.5/106.5 over 5 yrs1,231st of 3,045 Ontario elementary schools
425 students · EQAO 2024-2025
Holy Name of Mary College School
Independent
Not rated
Homelands Senior Public School
Public · Grades 6–8 · Peel DSB
Not rated
345 students · EQAO 2024-2025
Oakridge Public School
Public · Grades JK–6 · Peel DSB
Not rated
105 students
Sheridan Park Public School
Public · Grades JK–6 · Peel DSB
Not rated
390 students · EQAO 2024-2025
Thorn Lodge Public School
Public · Grades JK–6 · Peel DSB
Not rated
185 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Sheridan, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
15,168
Population (2021)
7.8 km²
Area
1,948
People per km²
43.8
Median age
$124,441
Median income
68%
Own their home
2.9
People per household
5,185
Households
Every age
- Children (under 15)15.9%
- Working age (15–64)64.3%
- Seniors (65+)19.8%
What is built here
- Detached houses55.1%
- Semi-detached4.4%
- Townhouses8.3%
- Duplexes0.7%
- Low-rise apartments5.4%
- High-rise apartments25.7%
Own or rent
68%Owners
31%Renters
Across 5,185 households
When it was built
Mostly 1961–1980
- 1960 or earlier8%
- 1961–198061%
- 1981–199017%
- 1991–20008%
- 2001–20051%
- 2006–20100%
- 2011–20150%
- 2016–20211%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 43.6%
- Born outside Canada
- 39.7%
- Hold a degree or higher
- 52.6%
- Employment rate
- 8.4%
- Commute by transit
- 83.8%
- Commute by car
- 1.9
- Children per family
- $105,787
- Median income after tax
- $153,670
- Average household income
- 9.5%
- Living on a low income
- $1,331/mo
- Renters pay, per month
- $1,678/mo
- Owners pay, per month
- $1,205,604
- Median home value at census
- 24.5%
- Renters spending 30%+ of income on housing
- 18.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 26 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap
What homes in Sheridan actually rent for
53 homes were leased in Sheridan over the 12 months to September 2026. Half leased above $4,112 and half below, 6.3% higher than the 12 months before. A typical home found its tenant in 27 days.
- Median rent
- $4,112
- +6.3% year over year
- Days to lease
- 27
- 1 day slower
- Leases closed
- 53
- last 12 months
- Rent per square foot
- $2.14/mo
- from 51 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$3,015/mo
on a $3,000 asking rent — over ask by $15
- Of the asking rent
- 100.5%
- Leased over asking
- 9.4%
From 53 leases that closed here in the last 12 months.
Rent or buy in Sheridan
25.9 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,279,289
97 sales
Median rent
$4,112/mo
53 leases
Gross rental yield
3.86%
before costs
Both figures come from deals that actually closed in Sheridan over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
What actually rents in Sheridan
A single median hides this: the mix of homes behind it, and what each kind costs.
- Detached$5,50018.9%
- Other kinds, too few of each —81.1%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Sheridan, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 9 | $3,300 | $2,500 – $4,950 | 16 | 100.0% |
| Aug 2026 | 8 | $2,825 | $2,050 – $3,525 | 22 | 100.0% |
| Jul 2026 | 3 | Not enough leases this month to report a median | |||
| Jun 2026 | 6 | $4,400 | $3,125 – $5,150 | 18 | 100.0% |
| May 2026 | 5 | $3,700 | $3,100 – $5,220 | 30 | 100.0% |
| Apr 2026 | 4 | Not enough leases this month to report a median | |||
| Mar 2026 | 6 | $6,125 | $3,525 – $7,374 | 51 | 100.0% |
| Feb 2026 | 5 | $3,400 | $2,100 – $11,000 | 33 | 100.0% |
| Jan 2026 | 1 | Not enough leases this month to report a median | |||
| Dec 2025 | 4 | Not enough leases this month to report a median | |||
| Oct 2025 | 2 | Not enough leases this month to report a median | |||
| Sep 2025 | 4 | Not enough leases this month to report a median | |||
| Aug 2025 | 2 | Not enough leases this month to report a median | |||
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| Jun 2025 | 4 | Not enough leases this month to report a median | |||
| May 2025 | 5 | $5,000 | $4,300 – $5,000 | 18 | 97.8% |
| Apr 2025 | 2 | Not enough leases this month to report a median | |||
| Mar 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 3 | Not enough leases this month to report a median | |||
| Dec 2024 | 2 | Not enough leases this month to report a median | |||
| Nov 2024 | 1 | Not enough leases this month to report a median | |||
| Oct 2024 | 2 | Not enough leases this month to report a median | |||
| Sep 2024 | 1 | Not enough leases this month to report a median | |||
| Aug 2024 | 3 | Not enough leases this month to report a median | |||
| Jul 2024 | 6 | $4,500 | $3,400 – $5,375 | 33 | 100.0% |
| Jun 2024 | 2 | Not enough leases this month to report a median | |||
| May 2024 | 2 | Not enough leases this month to report a median | |||
| Apr 2024 | 7 | $4,550 | $3,275 – $5,400 | 45 | 100.0% |
| Mar 2024 | 3 | Not enough leases this month to report a median | |||
| Feb 2024 | 1 | Not enough leases this month to report a median | |||
| Jan 2024 | 4 | Not enough leases this month to report a median | |||
| Dec 2023 | 2 | Not enough leases this month to report a median | |||
| Nov 2023 | 3 | Not enough leases this month to report a median | |||
| Oct 2023 | 2 | Not enough leases this month to report a median | |||
25 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Sheridan
How much does a home cost in Sheridan?
Homes in Sheridan sold for a median of $1,279,289 over the 12 months to September 2026, across 97 closed sales — half sold for more and half for less. That is 1.9% higher than the 12 months before it.
How long does it take to sell a home in Sheridan?
A home in Sheridan took a median of 23 days on the market over the 12 months to September 2026. Homes there closed at 96.6% of the asking price on average, with 13.4% selling over asking.
How much is rent in Sheridan?
The median lease in Sheridan closed at $4,112 a month over the 12 months to September 2026, across 53 leases.
Is it cheaper to rent or buy in Sheridan?
A home in Sheridan costs about 25.9 years of the rent on one — the median price of $1,279,289 against a median rent of $4,112 a month, a gross yield of 3.86%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Sheridan on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
2 condo apartments and 9 condo townhouses are on the market in Sheridan right now. Too few have closed here in the last year for us to publish a median we would stand behind.