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Hamza Nouman, REALTOR®
540 Louis Drive — property photo
1 / 38 — Click to enlarge
3.5

540 Louis Drive, Mississauga

Cooksville · Investor guide

$1,269,000

Estimated Value

$1,134,000

+11.9% Above Market

Based on neighbourhood averages

Detached6 bed / 4 bath8 DOM~2,250 sqft
Suite PotentialLRT Corridor

Cash flow, cap rate & mortgage breakdown

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Listed by RE/MAX WEST REALTY INC.

Investment Analysis

Key Facts

Type

Detached

Bedrooms

6

Bathrooms

4

Days on Market

8

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,445/mo)

Rent Estimate

Main unit (4 bed)$4,100/mo
Basement suite (2 bed)$1,445/mo
Total Est. Rent$5,545/mo

Based on Cooksville neighbourhood rental data · Verify suite legality with the City of Mississauga

Remarks

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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