3009 Novar Road Unit 412, Mississauga

Price: $474,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: W13071966

Experience modern living at Arté Residences! Brand-new 1+Den, 2-bathroom suite featuring a laminate flooring throughout and a thoughtfully designed layout. The modern kitchen offers a beautiful bar table, perfect for cooking and entertaining. Den is ideal for a home office. beautiful bar table, perfect for cooking and entertaining. Den is ideal for a home office. Parking included. Conveniently located with easy access to Highways 401, 403, and the QEW. Enjoy contemporary finishes in a newly completed building.***Motivated Seller, Flexible Move-in Date***

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$474,000 - 3009 Novar Road Unit 412, Mississauga

Condo for Sale in Mississauga

67 days on market

Neighbourhood: Cooksville

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
W13071966
Property Type
Condo
Status
active
Days on Site
67
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RARE REAL ESTATE
Description

Experience modern living at Arté Residences! Brand-new 1+Den, 2-bathroom suite featuring a laminate flooring throughout and a thoughtfully designed layout. The modern kitchen offers a beautiful bar table, perfect for cooking and entertaining. Den is ideal for a home office. beautiful bar table, perfect for cooking and entertaining. Den is ideal for a home office. Parking included. Conveniently located with easy access to Highways 401, 403, and the QEW. Enjoy contemporary finishes in a newly completed building.***Motivated Seller, Flexible Move-in Date***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,431.87/mo

Includes CMHC insurance ($13,225)

$
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5%10%50%

5-yr fixed avg.

Principal: $426,600Interest: $289,735
Mortgage Amount$439,825
Total Interest$289,735
Est. Property Tax$336/mo
Total Cost$729,560

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

3009 Novar Road Unit 412, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,375

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

Competitive Pricing

At $790/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.

Negotiation Opportunity

At 67 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    3009 Novar Road Unit 412, Mississauga | $474,000 | Battaglia Team