$1,269,000
For sale: Detached

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.
Sold data
Detached homes in Mississauga (Cooksville) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 42, across 537 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $1,220,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 537 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Cooksville) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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