$2,399,000 - 160 King Street, Mississauga
Single Family Home for Sale in Mississauga
- MLS Number
- W12743770
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,500 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
This exceptional property sits on an expansive 0.32 acre corner lot and offers remarkable versatility. Formerly used as an office, it can be easily used as a charming and spacious family home. The main level features generous principal rooms, including formal living and dining areas, a bright kitchen, and a welcoming family room that could also serve perfectly as a home office. Find three large bedrooms and a well-sized full bathroom on the second floor. The lower level includes two additional rooms ideal for a recreation space, home gym, or hobby area. A new gas furnace installed for added comfort and efficiency. A separate entrance connects to the tandem two-car garage, complemented by a large driveway that accommodates four or more vehicles with the option to expand if desired. Located just steps from parks, walking trails, shopping, and the upcoming Hurontario LRT, this property offers easy access to the Cooksville GO Station and all nearby amenities within walking distance.
Estimate your monthly payments for this property
Estimated Payment
$10,611.59/mo
5-yr fixed avg.
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.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
160 King Street, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $960/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $9,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.