540 Louis Drive, Mississauga, ON

$1,269,000
MLS#:W13602468
6 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
540 Louis Drive, Mississauga, ON L5B 2N2

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cooksville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,269,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 50.06 x 120 ft lot
  • Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Set on a highly desirable 50' x 120' lot in an established Cooksville neighbourhood, 540 Louis Drive offers the space, layout and long-term value increasingly difficult to find in central Mississauga. Proudly owned by the same family for more than 35 years, this substantial four bedroom detached home is well maintained and very livable today, while offering an excellent opportunity to update over time and make it your own. The main floor features generous living and dining rooms, an eat-in kitchen, a separate family room with fireplace and backyard access, and a convenient powder room. Upstairs are four well-proportioned bedrooms, including a spacious primary bedroom with a private ensuite, plus a second full bathroom. A separate side entrance provides access to the expansive lower level, offering additional living space and excellent future flexibility. Outside, the large, flat and fully fenced pool-sized backyard is a true highlight, with abundant room for children, entertaining, gardening and future possibilities. Complete with a double garage and private driveway. Ideally located close to Huron Park, schools, recreation, shopping and major routes, with convenient access to transit and Cooksville GO. A compelling opportunity to secure a large family home on an exceptional lot in a desirable central Mississauga location.

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Property Summary

This detached home located at 540 Louis Drive, Mississauga is currently for sale and has been available on SousaSells for 14 days. This property is listed at $1,269,000 with an estimated mortgage of $4,224* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 540 Louis Drive, Mississauga is in the Cooksville neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Cooksville, Mississauga.

Highly Recommended for Families
What We Love About This Home
  • 6 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Cooksville, Mississauga.

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementApartment, Finished
Lot Size50.06 × 120 Feet
CountyPeel
Annual Tax$8,126.62
Legal DescriptionPCL 28-2, SEC M77; LT 28, PL M77; MISSISSAUGA

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Hospital
  • Park
  • Public Transit
  • School
  • School Bus Route

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 540 Louis Drive, Mississauga, ON

Q.What is the asking price for 540 Louis Drive, Mississauga, ON ?

The current listing price for 540 Louis Drive, Mississauga, ON in Cooksville, Mississauga is $1,269,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 6 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 540 Louis Drive, Mississauga, ON ?

540 Louis Drive, Mississauga, ON is a Detached (2-Storey) featuring a Apartment, Finished basement.

Q.What key property features does 540 Louis Drive, Mississauga, ON offer?

Key property features include: Fenced Yard, Hospital, Park, Public Transit, School, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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540 Louis Drive, Mississauga, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 540 Louis Drive, Mississauga, ON L5B 2N2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate4.00%
Down Payment$380,700 (30.0%)
* Minimum Canadian down payment required for this price is $253,800.
Amortization Period30 Years
Estimated Monthly Payment$4,224Based on a loan of $888,300 over 30 years.
Purchase Price$1,269,000
Loan Amount$888,300
Provincial Land Transfer Tax:$21,855
Total Estimated Closing Taxes:$21,855

About Purchasing a Home in Mississauga, ON

For a property listed at $1,269,000 in Mississauga, the legal minimum down payment is $253,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,855 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,855.

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Cooksville, Mississauga Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cooksville, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$977,017

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Best Schools in Cooksville, Mississauga

Elementary Schools

St Catherine of Siena
Public2350 Paisley Boulevard West, Cooksville, Mississauga, Ontario, L5B 1N1
5.2
Floradale
Public210 Paisley Boulevard West, Cooksville, Mississauga, Ontario, L5B 2A4
4.5
Father Daniel Zanon
Public450 Hillcrest Avenue, Cooksville, Mississauga, Ontario, L5B 4J3
7.6
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Mary Fix
Public486 Paisley Boulevard West, Cooksville, Mississauga, Ontario, L5B 2M4
6.8

Secondary Schools

Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2
Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0

Cooksville, Mississauga Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.