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Price Change$2,000,000

3188 Parkerhill Road

Cooksville, Mississauga

$1,875,000

Detached|Backsplit 5
4 | 5 | 12
About this home

RARE COOKSVILLE EXTRA-LARGE ESTATE! For the first time in 25 years, this massive 5-level backsplit is ready for its next chapter. Nestled on an ultra-rare 75' x 180' park-like lot in central Mississauga, this home offers unparalleled scale, privacy, and versatile space. Boasting over 5,700 sq ft of premium total living space (3,520 above grade), the interior features timeless limestone, marble, and granite finishes, rich hardwood, and a bright main-floor solarium. An executive, extra-wide circular driveway easily parks 10+ vehicles, plus a large attached garage.INCOME POTENTIAL & IN-LAW LUXURY: The sprawling lower levels host a completely self-contained, sun-filled 2-bedroom apartment-perfect for multi-generational families or rental income. UNBEATABLE LOCATION: Walk to Cooksville GO. Minutes to Trillium Hospital, 5 grocery stores, Square One, Port Credit, QEW, and Hwy 403. Don't miss this forever home on a street where neighbours rarely move.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$10,473
Lot Size75 ft x 180 ft
mls© NumberW13428886
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,597
Property tax
$873
Heat allowance
$150
Housing costs
$10,620 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $375,000
25-yr amortization

Income needed

$327,000

gross annual household income

Payment at 4%
$7,890 / mo
Cash down
$375,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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