Cooksville is a neighbourhood in the city of Mississauga and also known as a transit hub for many. Cooksville is bound by Mavis to the east, Cawthra to the west and beside Port Credit to the south and Square One (City Centre) to the north. The most arterial access to the area is through Hurontario or QEW. Many commuters avoid the daily traffic by taking the GO train to get to the Downtown Toronto core in less than 30 minutes. Cooksville has a unique mixture of large detached manors, bungalows, apartments to townhouses, with many commercial plazas and home/office conversions running along Hurontario. The Neighbourhood is mainly zoned for heritage conservation since land is scarce, a select few developers have planned for high-rises in the near future since Cooksville will be a Hub for the proposed LRT transit line. Once complete, it would be possible to realize a gainful appreciation in property value in the future.
We track years of completed developments, we then look at potential new developments and take in consideration things like appeal (demand) and infrastructure (updates).
Located adjacent to Square One in the central part of Mississauga is the GTA community called Cooksville. It is considered a community of workers and traders and famous for its wide open green spaces. Cooksville is bordered by Rathburn Road, Queen Elizabeth Way, Cawthra Road, and Mavis Road on its north, south, east, and west respectively.
Cooksville is a neighbourhood where people can find inexpensive homes. Therefore, it attracts large number of immigrants, workers, and families looking for their first homes. Housing landscape here is unique with not only old and new condos lined up but also many single-family homes. Population of Cooksville is only 11000 but it is growing quickly, indicated by numerous new condos Cooksville coming up in the area.
There are quite a few renters in Cooksville (42%). Median household income here is $81,358. Most of the homes in Cooksville are condos and majority of these have two bedrooms. Median home prices in Cooksville last year after an increase of 28% from previous year were $587,358. This is much higher than average condo price of $358,648 in Cooksville. Strong sales figures of new Cooksville condos reflect this fact.
New housing projects proposed in Cooksville will consist of high rise condominium building having retail stores on the ground floor. More and more parks for the recreation of families are also being proposed. What attract people to this community are its excellent transportation facilities. Residents get entry into city through GO transit while they also use MiWay to move freely in the area. Those who use their own cars have easy access to highways 401, 403, and 407 and also QEW. The proposed Hurontario LRT and Dundas Street rapid transit line will make transportation even more fast and efficient.
Cooksville has a very convenient location next to Square One at the centre of Mississauga. The neighbourhood not only provides access to all modern amenities like shops and restaurants but also houses a campus of University of Toronto. There is also the famous Mississauga Hospital in the heart of Cooksville. Cooksville promises a nice and peaceful life with proximity to downtown Toronto.
If you are looking to buy a new home, Cooksville new condos are a good prospect for you. Prices may be stable now but there are good chances of property value appreciating fast once the proposed Hurontario LRT becomes a reality.