







3052 Parkerhill Road
Cooksville, Mississauga
$2,350,000
Residential Zoned Land measuring 96ft wide by 299ft deep backing onto private greenspace. Prominently located in the heart of Cooksville, the Property presents the unique opportunity to acquire 2/3 of an acre within one of Mississauga's central communities. The Property is positioned steps from the Cooksville GO Train, Hurontario & Dundas LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 30 minute commute. Lots Of High-Rise & Low-Rise Re-development In The Area. Enjoy the many amenities of Central Mississauga with trails, parks, restaurants and local businesses all located within a short walking distance. No Plans have been submitted providing Purchaser with flexibility to influence any re-development. Existing Bungalow On Property. Original Owner since 1952. Home is in livable condition and can easily be rented while working on plans. Separate entrance into the basement. Potential for land assembly with neighboring properties.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,100 |
| Lot Size | 96 ft x 299 ft |
| mls© Number | W13562772 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $12,028
- Property tax
- $342
- Heat allowance
- $150
- Housing costs
- $12,520 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$385,000
gross annual household income
- Payment at 4%
- $9,889 / mo
- Cash down
- $470,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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