75 King Street Unit 1202, Mississauga

Price: $475,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12994230

The distinguished King Gardens residence presents this elegant corner 2-bedroom suite, showcasing a bright, open-concept design with a functional layout tailored for refined urban living.Perfectly positioned in the heart of Mississauga, residents enjoy seamless access to premier amenities including Trillium Health Partners, esteemed schools, parks, fine dining, and shopping. Effortless connectivity to Highways 403, QEW, and 401, as well as GO Transit and TTC, ensures exceptional convenience. Maintenance fees include heat, hydro, water, cable TV, internet, central air conditioning, building insurance, parking, and common elements

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$475,000 - 75 King Street Unit 1202, Mississauga

Condo for Sale in Mississauga

84 days on market

Neighbourhood: Cooksville

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12994230
Property Type
Condo
Status
active
Days on Site
84
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

The distinguished King Gardens residence presents this elegant corner 2-bedroom suite, showcasing a bright, open-concept design with a functional layout tailored for refined urban living.Perfectly positioned in the heart of Mississauga, residents enjoy seamless access to premier amenities including Trillium Health Partners, esteemed schools, parks, fine dining, and shopping. Effortless connectivity to Highways 403, QEW, and 401, as well as GO Transit and TTC, ensures exceptional convenience. Maintenance fees include heat, hydro, water, cable TV, internet, central air conditioning, building insurance, parking, and common elements

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,437.00/mo

Includes CMHC insurance ($13,253)

$
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5%10%50%

5-yr fixed avg.

Principal: $427,500Interest: $290,346
Mortgage Amount$440,753
Total Interest$290,346
Est. Property Tax$336/mo
Total Cost$731,099

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

75 King Street Unit 1202, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,275

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 $475/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.

Negotiation Opportunity

At 84 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    75 King Street Unit 1202, Mississauga | $475,000 | Battaglia Team