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Investment signal

$1,099,000

540 CAVELL DRIVE

Beds

4

Baths

2

Sqft

Year

About this home

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! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
MLS#
W12963372
Area
MISSISSAUGA_(COOKSVILLE)
Negative cash flow ~$2,126/mo at these assumptions

Cash on cash

-11.61%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,738

Financing

Down payment$219,800
Loan amount$879,200
Mortgage$5,394/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$916
CapEx reserve$458
Vacancy loss$275

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,394/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.

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