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Cooksville, Mississauga
$1,269,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,127 |
| Lot Size | 50.06 ft x 120 ft |
| mls© Number | W13602468 |
| Listed By | RE/MAX WEST REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,495
- Property tax
- $677
- Heat allowance
- $150
- Housing costs
- $7,323 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$225,000
gross annual household income
- Payment at 4%
- $5,340 / mo
- Cash down
- $253,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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