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Listed 14 days ago

2560 Palisander Avenue

Cooksville, Mississauga

$1,050,000

Semi-Detached |2-Storey
4 | 3 | 4
About this home

Perfect for large families, multi-generational living, or savvy investors! This well-maintained 5-bedroom, 3-bathroom home offers a rare and versatile layout with two kitchens, two laundry areas, separate entrances, and multiple living spaces. The bright, open-concept main floor is ideal for entertaining and everyday family living, while the spacious 3-season sunroom provides the perfect place to relax and enjoy views of the backyard. The lower level features a large family room, a generous bedroom, a full bathroom, and patio doors leading to the backyard, offering excellent potential for an in-law suite or future secondary unit (buyer to complete due diligence regarding municipal requirements). The fully self-contained basement includes its own private entrance, kitchen, living room, bedroom, bathroom, and laundry, making it an excellent option for extended family, guests, or supplemental rental income. Step outside to a low-maintenance backyard complete with a large gazebo, mature trees, and established pear and plum trees-an inviting space for barbecues, family gatherings, and outdoor entertaining. The basement will be vacant at the end of July, providing the new owner with vacant possession and immediate flexibility.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,130
Lot Size30 ft x 125 ft
mls© NumberW13595256
Listed ByROYAL LEPAGE WOLLE REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,374
Property tax
$511
Heat allowance
$150
Housing costs
$6,035 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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