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    3140 Fifth Line W

    3140 Fifth Line Townhomes
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    Highlights

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    35
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    1,500 - 1,900 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Visitor Parking
    BBQs Allowed
    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 3140 Fifth Line W3140 Fifth Line Townhomes

    Anyone who’s seeking a Mississauga condo for sale should definitely consider 3140 Fifth Line Townhomes at 3140 Fifth Line W. completed this building back in 1990, but unlike other buildings of that age, maintenance fees are actually very low at $0.30 per-square-foot. The building is 1 storey tall and is home to 35 suites. Units start at 1500 square feet on the low end, and can go up to 1900 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 74. Maintenance fees at 3140 Fifth Line W are only $0.30, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 3140 Fifth Line W. Here are some highlights: In the past 12 months, 2 units have sold, and 0 has been rented. Meanwhile, property values here have decreased by 24.37%.

    Units at 3140 Fifth Line Townhomes have a low likelihood of receiving more than one offer, and on average they sell for -3.19% below the listed price. Suites here have an average cost per-square-foot of $475 based on sales over the past 12 months, and the median time a unit spends on the market is 34 days.

    The Neighbourhood

    Residents at 3140 Fifth Line Townhomes don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Popular Pizza, Sufra Resturant and Pizzaville. Erin Mills has plenty to offer coffee enthusiasts, with great cafes like Latin Hut, McDonald's and Starbucks.

    There are a number of grocery stores within a short drive, including Kaf African Carribbean Market Inc., Terra Foodmart and Palma Pasta.

    There are a number of banks within a short drive, including BMO Bank of Montreal for all your investment needs.

    Having Brookmede Park, Millway Gate Park and Windy Hollow within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 3140 Fifth Line W, including Millway Shopping Centre, Sherwood Forrest Village and South Common Centre which are only 3 away.

    When the weekend rolls around, Progressive Fine Art, Crescent Hill Gallery and Envers Chapin Gallery are within a short 4-minute drive away.

    If you're open to commuting, a quick transit ride offers even more options, including Thinnox STEAM School, Active Education Learning Centre and Gems Learning Institute.

    Transportation

    Taking public transit? The nearest light transit stop is South Common Centre Bus Terminal. Kipling isn’t within a close walking distance, but you can drive there in about 44 minutes.

    Curious about similar condos in the area? Check out 3040 Fifth Line W, 2020 South Millway and 2035 South Millway — all within walking distance.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for 3140 Fifth Line Townhomes

    Oct, 2025
    3140 Fifth Line W, unit 17 for sale
    Unit 17
    Oct 10, 202560 days on strata
    Sold for $795,000Listed for $849,9003 bd | 3 ba | 1,700 sqft | 2 pkg
    Sep, 2025
    3140 Fifth Line W, unit 7 for sale
    Unit 7
    Sep 13, 20258 days on strata
    Sold for $820,000Listed for $859,0003 bd | 3 ba | 1,693 sqft | 2 pkg
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    Explore Erin Mills

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%



    Days on Strata

    Units at 3140 Fifth Line Townhomes spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Erin Mills

    Turnover of Units

    On average, each unit is owned for
    8.3
    YEARS before being sold again

    Property Value

    -24%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 44 condos in the Erin Mills area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    3140 Fifth Line Townhomes offers the
    ?
    best value out of 44 condos in the Erin Mills neighbourhood

    Appreciation Rank

    3140 Fifth Line Townhomes has the
    ?
    highest ROI out of 44 condos in the Erin Mills neighbourhood

    Rental Yield

    3140 Fifth Line Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Erin Mills neighbourhood

    High Demand

    3140 Fifth Line Townhomes is the
    ?
    most popular building out of 44 condos in the Erin Mills neighbourhood

    Market Insights

    Transaction Insights at 3140 Fifth Line Townhomes

    2 Bed + Den3 Bed
    Price RangeNo Data$795,000 - $820,000
    Avg. Cost Per SqftNo Data$491
    Avg. Wait for Unit AvailabilityNo Data169 Days
    Ratio of Units in Building4%97%

    Market Inventory

    Total number of units listed and sold in Erin Mills