$1,065,000 - 2560 Palisander Avenue, Mississauga
Semi-Detached for Sale in Mississauga
34 days on marketNeighbourhood: Cooksville
- MLS Number
- W13232310
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 3,757 sqft
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
This well-maintained 5-bedroom, 3-full bathroom home offers a flexible layout that is increasingly difficult to find. With multiple living spaces, two kitchens, and separate entrances, it is well suited for growing families, multi-generational living, or those seeking additional income potential. At the heart of the home is a spacious open-concept kitchen and living area that has comfortably hosted family gatherings, holiday celebrations, and everyday moments alike. A bright 3-season sunroom extends the living space, providing a quiet place to relax and enjoy the changing seasons. The lower level features a large family room, a full bathroom, and a generously sized bedroom. With its own entrance, this space offers flexibility for extended family living and the potential for an additional suite conversion. Outside, the easy-care backyard offers plenty of room to enjoy the outdoors. A large gazebo, mature trees, and established pear and plum trees create a welcoming setting for summer barbecues, family gatherings, and evenings spent with friends and family. The basement is fully self-contained with its own entrance, full kitchen, living room, bedroom, bathroom, and laundry, making it ideal for extended family, guests, or rental income. With two kitchens, two laundry areas, separate entrances, and multiple living spaces, this home provides options for a variety of living arrangements while still feeling warm, comfortable, and connected. Current basement occupants are willing to remain for investors seeking rental income but are also able and willing to vacate if preferred by the new owner.
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Estimated Payment
$4,710.85/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.
2560 Palisander Avenue, 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
Competitive Pricing
At $710/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.