$749,888 - 464 Louis Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 7 days agoNeighbourhood: Cooksville
- MLS Number
- W13503174
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
464 Louis Drive - A Solid, Timeless Family Home with Exceptional Potential. This beautifully maintained and solidly built residence has been lovingly cared for by the same family since 1974. For over five decades, it has served as the warm backdrop for countless cherished memories. Now, it awaits the next family or visionary homeowner who will appreciate its strong foundation and tremendous potential. The property boasts a generous driveway that comfortably fits four vehicles, plus an attached garage. A private, well-maintained backyard offers a serene outdoor retreat-perfect for relaxation, entertaining, or building new family traditions in a peaceful setting. Inside, the home features 3+1 bedrooms and a warm, functional layout with bright principal rooms that flow seamlessly for everyday living. While meticulously cared for, it presents an outstanding opportunity for a skilled handyman, contractor, or visionary buyer to personalize and modernize the interiors. The expansive unfinished basement serves as a versatile blank canvas, ideal for a custom home gym, theatre room, guest suite, or additional living space tailored to your lifestyle. Location is truly unparalleled. Nestled in one of Mississauga's most desirable neighbourhoods, this home is minutes from scenic walking trails, grocery stores, home hardware, banks, restaurants, and coffee shops. Families will love the excellent local schools and proximity to the University of Toronto Mississauga campus. Additional highlights include easy access to the new hospital under construction, beautiful Huron Park with its extensive amenities, public transit, the upcoming LRT, Square One Shopping Centre, and the vibrant waterfront community of Port Credit. A rare combination of timeless charm, solid construction, and endless potential in a prime location-this is a home that rewards those who seeits possibilities.
Estimate your monthly payments for this property
Estimated Payment
$3,847.31/mo
Includes CMHC insurance ($20,922)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Downtown Mississauga Living
Cooksville is Mississauga's original downtown, centered around the intersection of Hurontario and Dundas. Today, the neighbourhood is experiencing significant intensification with new high-rise developments joining established residential areas. Cooksville offers excellent transit connectivity and is positioned to benefit from the Hurontario LRT.
Why Live in Cooksville
- •Central downtown Mississauga location
- •Future Hurontario LRT stop
- •Diverse dining and shopping options
- •Excellent transit connections
- •Mix of high-rise and low-rise housing
Nearby Schools
Transit & Commuting
- •Cooksville GO Station
- •Future Hurontario LRT
- •Major MiWay hub
- •Easy access to Highway 403 and QEW
Parks & Amenities
- •Cooksville Creek Trail
- •Mississauga Central Library
- •Celebration Square (nearby)
- •Diverse restaurants and shops
- •Community health services
Lifestyle & Community
Cooksville offers urban convenience with multicultural vibrancy. The neighbourhood is ideal for those who prioritize transit access and diverse amenities.
464 Louis Drive, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $375/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Cooksville
I know Cooksville well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.