Townhouse Complex · East Credit, Mississauga
Cherrywood Village Townhouses5030 Heatherleigh Avenue, Mississauga, ON L5V 2G7
Townhome living at 5030 Heatherleigh Avenue in East Credit
As of October 2026, Cherrywood Village Townhouses has 1 home for sale at $730K and 1 for rent at $3,300 a month. Maintenance fees are about $320 a month.
- Year Built
- 1997
- Homes
- 130
- Storeys
- 1
- Home Sizes
- 1,000–1,999 ft²
- Asking Now
- $730K
- Maintenance
- $320/mo
1 home for sale at 5030 Heatherleigh Avenue, plus 1 for rent
About Cherrywood Village Townhouses
Completed in 1997, the community has 130 homes. Pets are allowed with restrictions.
Cherrywood Village is a townhouse community at 5030 Heatherleigh Avenue, in Mississauga's East Credit area.
Homes at Cherrywood Village range from 1,000 to 1,999 square feet, with two or three bedrooms over several levels. That's comfortable space for growing families.
Kids at Cherrywood Village have a play area, and guests have their own spaces to park. Owners may barbecue outside, and the townhouse layout means private front doors.
East Credit was built through the 1980s and 1990s, east of the Credit River. From Heatherleigh Avenue, the big Heartland shopping area is a quick drive, with Winners, HomeSense, Marshalls and H&M among its stores. The Credit River valley offers trails. Middle and high schools serve the area; confirm catchments for Cherrywood.
Highways 403, 401 and 410 are minutes away. Buses serve Heatherleigh Avenue, and GO trains leave from Streetsville, about ten minutes away.
In an established complex, the reserve fund and recent work matter. Ask for both before buying at Cherrywood.
Orgin Evergreen and 833 Scollard Court are nearby buildings. East Credit prices are in the East Credit market report. Compare homes on Mississauga townhouses for sale.
Home Types in This Community
| Home Type | Asking Now | Size | Maint. /ft²/mo |
|---|---|---|---|
| 2 Bed | None listed | — | — |
| 3 Bed | $730K | 1,500 ft² | $0.21 |
Prices shown are current asking prices for active For Sale listings of that home type -- not sold prices, and not every home type has one on the market right now.
$/ft²/mo is each home type's monthly maintenance fee divided by its size, from this community's current listings only.
Maintenance fee reflect this community's currently active listings, not an official community-wide figure -- individual homes may differ. Data provided by MLS® and should be independently verified; no liability is assumed for any errors or omissions.
East Credit Neighbourhood
Cherrywood Village Townhouses is located in East Credit, Mississauga.
See what's nearby -- schools, parks, shopping and transit -- in the map below.
Explore the East Credit neighbourhood guideWhat’s Nearby
Nearby Schools
Elementary
- Fallingbrook Middle School830 m · 10 min walk
Peel DSB — JK-8
- St Bernadette Elementary School962 m · 12 min walk
Dufferin-Peel CDSB — JK-8
- St Herbert School988 m · 12 min walk
Dufferin-Peel CDSB — JK-8
- Sherwood Mills Public School1.1 km · 14 min walk
Peel DSB — JK-6
- Edenrose Public School1.2 km · 15 min walk
Peel DSB — JK-6
- Champlain Trail Public School1.6 km · 20 min walk
Peel DSB — JK-6
- Huntington Ridge Public School1.7 km · 21 min walk
Peel DSB — JK-6
Secondary
- Rick Hansen Secondary School703 m · 9 min walk
Peel DSB — 9-12
School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.
Nearby Amenities
Park
- Wakefield Common1.5 km
- Ashgate Park1.7 km
Pet Store
- The Bone & Biscuit1.9 km
Point of Interest
- mimuseum2.0 km
- Creative Campus Galleries2.0 km
Restaurant
- Jack Astor's2.0 km
- The Backyard Smokehouse2.0 km
- Scaddabush2.1 km
Cherrywood Village Townhouses Market Snapshot
Live snapshot of this community's own listings -- rentals not included
Bedrooms
Cherrywood Village Townhouses currently has 1 home for sale, with a median asking price of $730K, averaging 42 days on market. Over the last 24 months, 7 homes have sold in the community at a median of $795K — selling at 97% of asking price (based on a small number of sales).
Cherrywood Village Townhouses by the numbers
vs East Credit and Mississauga
At Cherrywood Village Townhouses, the median asking price for condo townhouses is $730K, lower than East Credit ($789.5K), and about the same as Mississauga ($725K).
At Cherrywood Village Townhouses, listings have been on the market for an average of 42 days, about the same as East Credit (42) and Mississauga (45).
At Cherrywood Village Townhouses, there are 3.4 months of inventory at the recent sales pace, more than East Credit (2.2), and fewer than Mississauga (4.4).
| Metric | Cherrywood Village Townhouses Live snapshot · sold last 24mo | East Credit 2026-10-01 · sold last 24mo | Mississauga 2026-10-01 · sold last 24mo |
|---|---|---|---|
| Active Listings | 1 | 14 | 343 |
| Median Asking Price | $730K | $789.5K | $725K |
| Avg. Days on Market | 42 | 42 | 45 |
| Sold (24mo) | 7 | 114 | 1,704 |
| Median Sold Price | $795K | $777.5K | $735K |
| Median $/sqft (Sold) | $612 | $530 | $531 |
| Sale-to-List Ratio | 97% | 98% | 98% |
| Months of Inventory | 3.4 mo | 2.2 mo | 4.4 mo |
Active Inventory
Active Listings by Home Type
| Home Type | Count | Median | Highest | Lowest | Avg. DOM |
|---|---|---|---|---|---|
| 3 Bed | 1 | $730K | $730K | $730K | 42 |
Closed Sales — Last 24 Months
Based on a small number of sales (7) — figures may not reflect the broader market.
Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.
Frequently Asked Questions
Where is Cherrywood Village Townhouses located?
Cherrywood Village Townhouses is located at 5030 Heatherleigh Avenue in the East Credit neighbourhood of Mississauga.
What layouts and suite sizes are available at Cherrywood Village Townhouses?
This development features two- and three-bedroom layouts, with multi-level townhomes ranging in size from 1,000 to 1,999 square feet.
What amenities are available at 5030 Heatherleigh Avenue?
Residents have access to an on-site playground, dedicated visitor parking, and permitted BBQ use.
Are there schools near Cherrywood Village Townhouses?
Yes, families in this East Credit community are served by local schools including Hazel McCallion Senior Public School and Rick Hansen Secondary School.
Is this location convenient for highway and transit commuters?
Yes, Cherrywood Village Townhouses offers easy access to Highways 403, 401, and 410, as well as local MiWay bus routes and the Streetsville GO station.
What shopping options are located nearby?
The community is located close to Heartland Town Centre, a major retail power centre featuring Best Buy, H&M, Winners, HomeSense, and Marshalls.
Similar & Nearby Townhouse Complexes
Other townhouse complexes in this pocket of East Credit with homes on the market right now.
View Community
833 Scollard Court
833 Scollard Court
Home Sizes: 1,000–1,799 ft²
$3,500 - $3,500/mo
Community Features: 127 homes · 2 storeys · Built 1995
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4620 Guildwood Way
4620 Guildwood Way
For Sale: $400k - $549k · Median $475k
Maintenance Fees: $313–$371/mo · Home Sizes: 500–1,599 ft²
For Rent: $2,500 - $2,600/mo · Median $2,550/mo
Community Features: 92 homes · 2 storeys · Built 2014
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1292 Sherwood Mills Boulevard
1292 Sherwood Mills Boulevard
$3,700 - $3,700/mo
Community Features: 100 homes · 2 storeys · Built 2000
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1050 Bristol Road W
1050 Bristol Road W
$789k - $799k · Median $794k
Maintenance Fees: $250–$255/mo · Home Sizes: 900–2,000 ft²
Community Features: 100 homes · 2 storeys · Built 1996
More Buildings in East Credit
Every other condo and townhouse building we cover in East Credit, Mississauga.
- 1050 Bristol Road W
- 1292 Sherwood Mills Boulevard
- 1480 Britannia Rd Townhomes
- 1525 South Parade Court
- 1575 South Parade Court
- 1588 South Parade Court
- 1591 South Parade Court
- 833 Scollard Court
- Orgin Evergreen Condos
Miko Nalepa
Realtor® at The Condo Bar Real Estate · RECO #4737024
Realtor® with Right At Home Realty, Brokerage, covering condos and townhouses in Mississauga, Oakville, Burlington and Milton. More about Miko Nalepa
Building details are approximate and may change. Confirm fees, sizes and availability with the condo corporation before you buy.