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$1,169,000
Mississauga
540 Louis Drive, Mississauga (Cooksville), Ontario, L5B2N2
This 6-bedroom, 4-bathroom home in Mississauga is for sale offering roughly 2,250 sq ft of space. Listed at $1,169,000, it is attractively priced about 10% below the $1,299,000 median asking price in Mississauga. It has been on the market 41 days, fresher than the Mississauga average of 68 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 41 days on market, against an average age of 68 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This 6-bed single family in Mississauga (Cooksville) has been listed for 41 days, which is 27 days fresher than the city average of 68. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,169,000, about 14.8× the local median household income of $79,000.
Carrying it typically needs a household income of about $228,347 (20% down, 25-yr amortization, stress-tested) — roughly 189% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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