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

Semi-Detached for Sale in Mississauga

New — Listed 3 days ago
4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13424368
Property Type
Semi-Detached
Status
active
Days on Site
3
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: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
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.

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.

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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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