396 Pinemeadow Avenue, Mississauga

Price: $749,900

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13481902

A RARE OPPORTUNITY... Located in a most desired community Huge 5-level Backsplit equipped with 3 separate entrances Super in-law potential OR live in with extended family OR make this your dream single family home ... so many options YOUR CHOICE Roughed in pipes and electrical for 2nd Kitchen on lower level Closing date subject to probate which will be completed with firm offer Welcome to this incredible opportunity in one of Mississauga's most sought-after neighbourhoods! Whether you're a first-time home buyer looking to enter the market or an investor seeking future upside, this 4+1 bedroom property offers massive potential. Featuring a flexible layout ideal for multi-generational living or rental income, buyers can comfortably live on one level while renting out the remaining space to help offset mortgage costs. It's the perfect opportunity to build equity while generating income from day one. Situated on a large, expansive lot, the property boasts a spacious backyard with endless possibilities for entertaining, gardening, or simply enjoying outdoor living. Ample parking for up to three vehicles adds everyday convenience for homeowners and tenants alike. Located close to top-rated schools, parks, shopping, transit, and major highways, this home combines exceptional value, location, and potential. Don't miss your chance to own in a highly desirable Mississauga community and create the home or investment you've been looking for.

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$749,900 - 396 Pinemeadow Avenue, Mississauga

Semi-Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Cooksville

4Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13481902
Property Type
Semi-Detached
Status
active
Days on Site
13
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

A RARE OPPORTUNITY... Located in a most desired community Huge 5-level Backsplit equipped with 3 separate entrances Super in-law potential OR live in with extended family OR make this your dream single family home ... so many options YOUR CHOICE Roughed in pipes and electrical for 2nd Kitchen on lower level Closing date subject to probate which will be completed with firm offer Welcome to this incredible opportunity in one of Mississauga's most sought-after neighbourhoods! Whether you're a first-time home buyer looking to enter the market or an investor seeking future upside, this 4+1 bedroom property offers massive potential. Featuring a flexible layout ideal for multi-generational living or rental income, buyers can comfortably live on one level while renting out the remaining space to help offset mortgage costs. It's the perfect opportunity to build equity while generating income from day one. Situated on a large, expansive lot, the property boasts a spacious backyard with endless possibilities for entertaining, gardening, or simply enjoying outdoor living. Ample parking for up to three vehicles adds everyday convenience for homeowners and tenants alike. Located close to top-rated schools, parks, shopping, transit, and major highways, this home combines exceptional value, location, and potential. Don't miss your chance to own in a highly desirable Mississauga community and create the home or investment you've been looking for.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

396 Pinemeadow Avenue, 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)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,513

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

Competitive Pricing

At $500/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.

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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    396 Pinemeadow Avenue, Mississauga | $749,900 | Battaglia Team