$1,125,000 - 163 Floradale Drive, Mississauga
Detached for Sale in Mississauga
65 days on marketNeighbourhood: Cooksville
- MLS Number
- W13075444
- Property Type
- Detached
- Status
- active
- Days on Site
- 65
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 9,537 sqft
- Listing Brokerage
- KINGSWAY REAL ESTATE
Set on a remarkable deep pie-shaped lot with a 55-foot frontage and an expansive 102-foot rear width, this residence offers a level of outdoor space and privacy seldom found in the City. The generous lot accommodates multiple parking spaces, making it ideal for hosting and everyday convenience. The interior is warm and inviting, featuring three sun-filled bedrooms on the main level and a spacious, serene bedroom on the lower level. With effortless potential to create a fifth bedroom, the home adapts beautifully to growing families or multigenerational living. The lower level's configuration also lends itself perfectly to an in-law suite. A wine cellar adds a touch of refinement. Constructed as a solid brick custom build for the original owners, the home reflects decades of thoughtful care. Recently upgraded with some newer windows and beautiful picture window with 2 casement windows, new storm doors, front patio renewed with quality finishes, new insulation and waterproofing upgrade in the basement. Split rear entrance to lovely private backyard patio. Steps to primary schools and located in desirable Port Credit Secondary School District. Steps to Trillium Hospital and the new LRT. This area is poised for significant appreciation as major healthcare and transit expansions drive rapid neighbourhood growth.
Estimate your monthly payments for this property
Estimated Payment
$4,976.25/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Downtown Mississauga Living
Cooksville is Mississauga's original downtown, centered around the intersection of Hurontario and Dundas. Today, the neighbourhood is experiencing significant intensification with new high-rise developments joining established residential areas. Cooksville offers excellent transit connectivity and is positioned to benefit from the Hurontario LRT.
Why Live in Cooksville
- •Central downtown Mississauga location
- •Future Hurontario LRT stop
- •Diverse dining and shopping options
- •Excellent transit connections
- •Mix of high-rise and low-rise housing
Nearby Schools
Transit & Commuting
- •Cooksville GO Station
- •Future Hurontario LRT
- •Major MiWay hub
- •Easy access to Highway 403 and QEW
Parks & Amenities
- •Cooksville Creek Trail
- •Mississauga Central Library
- •Celebration Square (nearby)
- •Diverse restaurants and shops
- •Community health services
Lifestyle & Community
Cooksville offers urban convenience with multicultural vibrancy. The neighbourhood is ideal for those who prioritize transit access and diverse amenities.
163 Floradale Drive, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1023/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 65 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Cooksville
I know Cooksville well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.