$1,699,888 - 199 North Service Road, Mississauga
Detached for Sale in Mississauga
49 days on marketNeighbourhood: Cooksville
- MLS Number
- W13147750
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- YES REALTY INC.
Rare Live / Invest / Redevelop Opportunity In One Of Mississauga's Fastest Growing Corridors! Situated On A Nearly Half-Acre Lot Near QEW & Hurontario, This Spacious 2-Storey Detached Home Offers Exceptional Flexibility For Investors, Multi-Generational Families, Contractors, Or Future Redevelopment Potential. Features 5 Bedrooms, 3 Full Washrooms, 2 Kitchens, Generous Living & Dining Areas, Parking For 10+ Vehicles, And A Separate Heated Detached Garage With Its Own Breaker Panel (120/240V) And Ceiling-Mounted Natural Gas Heating. Large Frontage And Deep Lot Provide Incredible Long-Term Potential In An Evolving Urban Growth Area. Minutes To Future Hurontario LRT, Cooksville GO, Square One, Port Credit, QEW, Hwy 403, Hwy 401, And The New Peter Gilgan Mississauga Hospital. Rare Opportunity To Secure A Unique Property In A High Demand Mississauga Location. All appliances are included. Stainless steen appliances. One elelctric stove and one gas stove. Upstairs bathroom washer/dryer included.
Estimate your monthly payments for this property
Estimated Payment
$7,519.18/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.
199 North Service Road, Mississauga
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Rental income estimator & ROI calculator
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 $850/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 49 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.