540 Cavell Drive, Mississauga

Price: $1,089,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13424368

Welcome To This Charming Semi-Detached Bungalow With Approximately 2000 Sqft Of Finished Living Space Nestled In The Highly Sought-After Cooksville Community! This Beautifully Maintained Home Features A Newly Updated Kitchen Complete With Modern Cabinetry, Stylish Finishes, And Ample Counter Space-Perfect For Both Everyday Living And Entertaining. The Main Level Offers A Bright And Functional Layout With Spacious Principal Rooms And Plenty Of Natural Light Throughout With A Walk Out From The Living Room To A Covered Balcony Downstairs, You'll Find A Fully Self-Contained Basement In-Law Suite Apartment With A Separate Entrance, Ideal For Extended Family, Guests, Or Excellent Rental Income (Currently Rented For $2400/Mth), The Driveway Provides Ample Parking. Situated In A Convenient Location Close To Top Schools, Parks, Community Center, Trillium Hospital Square One Shopping, Transit, Bus Terminal And Major Highways, This Property Is A Fantastic Opportunity For First-Time Buyers, Investors, Or Those Looking To Downsize Without Compromise. Don't Miss Your Chance To Own In One Of Mississauga's Most Desirable Neighbourhoods!

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$1,089,900 - 540 Cavell Drive, Mississauga

Semi-Detached for Sale in Mississauga

Neighbourhood: Cooksville

4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13424368
Property Type
Semi-Detached
Status
active
Days on Site
27
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REALTY CENTRE
Description

Welcome To This Charming Semi-Detached Bungalow With Approximately 2000 Sqft Of Finished Living Space Nestled In The Highly Sought-After Cooksville Community! This Beautifully Maintained Home Features A Newly Updated Kitchen Complete With Modern Cabinetry, Stylish Finishes, And Ample Counter Space-Perfect For Both Everyday Living And Entertaining. The Main Level Offers A Bright And Functional Layout With Spacious Principal Rooms And Plenty Of Natural Light Throughout With A Walk Out From The Living Room To A Covered Balcony Downstairs, You'll Find A Fully Self-Contained Basement In-Law Suite Apartment With A Separate Entrance, Ideal For Extended Family, Guests, Or Excellent Rental Income (Currently Rented For $2400/Mth), The Driveway Provides Ample Parking. Situated In A Convenient Location Close To Top Schools, Parks, Community Center, Trillium Hospital Square One Shopping, Transit, Bus Terminal And Major Highways, This Property Is A Fantastic Opportunity For First-Time Buyers, Investors, Or Those Looking To Downsize Without Compromise. Don't Miss Your Chance To Own In One Of Mississauga's Most Desirable Neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,821.00/mo

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5-yr fixed avg.

Principal: $871,920Interest: $574,379
Mortgage Amount$871,920
Total Interest$574,379
Est. Property Tax$772/mo
Total Cost$1,446,299

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.

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Neighbourhood Guide: Cooksville

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

Gordon Graydon Memorial SSPublic High School
Cawthra Park Secondary SchoolPublic High School
Floradale Public SchoolPublic Elementary
Holy Name of Mary Catholic SchoolCatholic Elementary

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.

78
Walk Score
$400K - $900K
Price Range

540 Cavell Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$772
Insurance (est.)-$227
Net Cash Flow+$2,201

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $991/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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.

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    540 Cavell Drive, Mississauga | $1,089,900 | Battaglia Team