540 Louis Drive
Mississauga, ON
- 6 bed
- 4 bath
- approx. 2000-2500 sqft
- Detached
- 44 days on market
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.
Virtual Tour
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Listing Details
- Taxes (2026)
- $8,127
- Listed
- July 23, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 50.06 x 120 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- DUNDAS & MAVIS
- Parcel Number
- 133560223
- Possession
- Flexible
- Occupancy
- Owner
Schools
Elementary
- Mary Fix Catholic School0.3 km
Catholic · Dufferin-Peel CDSB · 220 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 54% met the provincial standard
- Cashmere Avenue Public School0.3 km
Public · Peel DSB · 345 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 50% met the provincial standard
- St Jerome Separate School0.8 km
Catholic · Dufferin-Peel CDSB · 215 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 74% met the provincial standard
Secondary
- St Martin Secondary School1.3 km
Catholic · Dufferin-Peel CDSB · 1090 students
Grade 10 literacy: 84% met the provincial standard
- T. L. Kennedy Secondary School1.9 km
Public · Peel DSB · 660 students
Grade 10 literacy: 85% met the provincial standard
- The Woodlands Secondary School2 km
Public · Peel DSB · 1160 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L5B
- Population
- 67,131
- Private dwellings
- 29,048
- Median age
- 37.2
- Average household size
- 2.4
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Mississauga · last 12 months
- Median sold price
- $870,000
- Homes sold
- 5,443
- Median days on market
- 24
- Sale-to-list price
- 97.5%
Based on 5,443 recorded sales of residential freehold properties in Mississauga over the last 12 months.
Listed by
RE/MAX WEST REALTY INC.
Walk Score
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Location
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Mortgage Calculator
$253,800
Estimated Monthly Payment
$6,234
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,234/mo (20% down, 5.5%)
Taxes: $677/mo · Insurance: $317/mo
Estimates only. Consult a financial advisor.
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