163 Floradale Drive, Mississauga

Price: $999,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13652502

Set on a remarkable deep pie-shaped lot with a 54'(front)x159'x105'(rear)x120'. Move-in ready with brand new kitchen (quartz countertop, double undermount sink, luxury faucet), new bathroom with double shower located next to the Primary bedroom. Extensively improved and maintained with newer air-conditioner, furnace, refurbished front verandah, fresh painted throughout, newer roof and some new windows. The lower level is accessible from a split entrance, ideally suited for remote/professional office or in-law suite. The expansive rear yard provides exceptional space and layout flexibility, including ample room for a future pool. This home is literally 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.

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active

$999,000 - 163 Floradale Drive, Mississauga

Detached for Sale in Mississauga

61 days on market

Neighbourhood: Cooksville

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13652502
Property Type
Detached
Status
active
Days on Site
61
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Lot Size
9,537 sqft
Taxes (2026)
$6,908
Listing Brokerage
KINGSWAY REAL ESTATE
Description

Set on a remarkable deep pie-shaped lot with a 54'(front)x159'x105'(rear)x120'. Move-in ready with brand new kitchen (quartz countertop, double undermount sink, luxury faucet), new bathroom with double shower located next to the Primary bedroom. Extensively improved and maintained with newer air-conditioner, furnace, refurbished front verandah, fresh painted throughout, newer roof and some new windows. The lower level is accessible from a split entrance, ideally suited for remote/professional office or in-law suite. The expansive rear yard provides exceptional space and layout flexibility, including ample room for a future pool. This home is literally 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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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.

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Neighbourhood Guide: Cooksville

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

Gordon Graydon Memorial SSPublic High School
Cawthra Park Secondary SchoolPublic High School
Floradale Public SchoolPublic Elementary
Holy Name of Mary Catholic SchoolCatholic Elementary

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.

78
Walk Score
$400K - $900K
Price Range

163 Floradale Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $908/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 61 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.

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    163 Floradale Drive, Mississauga | $999,000 | Battaglia Team