540 Louis Drive, Mississauga, ON L5B 2N2
Cooksville, Mississauga · Near DUNDAS & MAVIS · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 2
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 10
- Basement
- Apartment, Finished
- Lot size
- 50.1 x 120 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $8,127/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- DUNDAS & MAVIS
- Neighbourhood
- Cooksville
More
- Price per sq ft
- ~$520 (at 2,250 sq ft)
- MLS® number
- W13824070
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The home and its surroundings
- Fenced Yard
- Hospital
- Park
- Public Transit
- School
- School Bus Route
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
540 Louis Drive, Mississauga, ON L5B 2N2
Cooksville, Mississauga · Near DUNDAS & MAVIS
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Listing history for 540 Louis Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 540 Louis Drive
Answers come straight from this home’s MLS® listing.
How much is 540 Louis Drive listed for, and what would it cost each month?
540 Louis Drive is listed for $1,169,000. With 20% down ($233,800), the mortgage payment would be roughly $4,715 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,393 a month, all in. That figure is an illustration, not a quote.
Is 540 Louis Drive freehold or a condo, and is there a monthly fee?
540 Louis Drive is a 2-storey detached home in Cooksville, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 540 Louis Drive have?
540 Louis Drive has 4 bedrooms, plus 2 more bedrooms in the basement, and 4 bathrooms.
Does 540 Louis Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 540 Louis Drive have a finished basement?
The listing describes the basement as apartment, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 540 Louis Drive?
540 Louis Drive is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 540 Louis Drive, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50.1 x 120 ft.
How is 540 Louis Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 540 Louis Drive?
Property taxes are $8,127 a year (2026), or about $677 a month.
Where is 540 Louis Drive?
540 Louis Drive is in the Cooksville community of Mississauga. The nearest main intersection is DUNDAS & MAVIS. The postal code is L5B 2N2.
Is 540 Louis Drive still for sale?
Yes. It is an active listing (MLS® W13824070). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 540 Louis Drive asking?
Similar detached homes for sale nearby right now include 671 Louis Drive at $1,399,000 (4+1 bed), 103 Whitchurch Mews at $1,189,900 (4+1 bed) and 208 Anastasia Terrace at $1,299,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 540 Louis Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 540 Louis Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Cooksville, picked by style, size and price.
2-storey detached home$1,399,000671 Louis Drive, Mississauga4+1 bed · 4 bath · ErindaleCourtesy of: ROYAL LEPAGE REALTY CENTREView home →
2-storey detached home$1,189,900103 Whitchurch Mews, Mississauga4+1 bed · 4 bath · CooksvilleCourtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.View home →
2-storey detached home$1,299,000208 Anastasia Terrace, Mississauga4+1 bed · 4 bath · CooksvilleCourtesy of: EASY LIST REALTY LTD.View home →Courtesy of: RE/MAX WEST REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.