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Investment signal

$1,099,000

540 CAVELL DRIVE

Beds

4

Baths

2

Sqft

Year

Location

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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
Structure
House
Community
Cooksville
Common interest
Freehold
Lot dimensions
32.4 x 122.6 FT
Bedrooms
3 above grade, 1 below grade
Parking
4 total
Stories
1
On market
Apr 7, 2026
Status changed
Apr 19, 2026
Annual tax
$6,068.78
Photos
36
MLS#
W12963372
Area
MISSISSAUGA_(COOKSVILLE)

Features and systems

Parking

Garage

Basement

Apartment in basementSeparate entranceN/AN/A

Appliances

DryerMicrowaveTwo stovesWindow CoveringsTwo WashersGarage door openerTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

Laminate

Foundation

Block

Lot

In-Law Suite

Utilities

SewerElectricityCable
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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (Cooksville). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

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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