3052 Parkerhill Road, Mississauga

Price: $2,350,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13562772

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.

3052 Parkerhill Road - Detached photo 1 of 4 in Mississauga, Ontario
3052 Parkerhill Road - Detached photo 2 of 4 in Mississauga, Ontario
3052 Parkerhill Road - Detached photo 3 of 4 in Mississauga, Ontario
3052 Parkerhill Road - Detached photo 4 of 4 in Mississauga, Ontario
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New Listing
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$2,350,000 - 3052 Parkerhill Road, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Cooksville

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13562772
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Lot Size
28,704 sqft
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

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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Estimated Payment

$10,394.84/mo

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5-yr fixed avg.

Principal: $1,880,000Interest: $1,238,453
Mortgage Amount$1,880,000
Total Interest$1,238,453
Est. Property Tax$1,665/mo
Total Cost$3,118,453

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

3052 Parkerhill Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,665
Insurance (est.)-$490
Net Cash Flow+$645

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

Premium Pricing

At $3357/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    MLS# W13562772 — 3052 Parkerhill Road | Battaglia Team