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Listed 2 months ago

2556 Burslem Road

Cooksville, Mississauga

$2,180,000

Detached|Bungalow
0 | 0 | 5
About this home

100 x 163 ft lot in an established Cooksville neighbourhood - sever into two 50-ft parcels or build one signature estate across the full frontage. Existing bungalow is vacant and demo-ready. A rare chance to bring new luxury to a mature, tree-lined street. LRT corridor minutes away, quick access to Square One, Hwy 403, QEW, and top-rated schools.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$7,082
Lot Size100.33 ft x 163.17 ft
mls© NumberW13454222
Listed ByCOLDWELL BANKER REAL ESTATE PROFESSIONALS

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%
$11,158
Property tax
$590
Heat allowance
$150
Housing costs
$11,898 / mo

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

Down payment20% · $436,000
25-yr amortization

Income needed

$366,000

gross annual household income

Payment at 4%
$9,174 / mo
Cash down
$436,000

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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