$2,750,000 - 402 Niar Avenue, Mississauga
Detached for Sale in Mississauga
102 days on marketNeighbourhood: Mineola
- MLS Number
- W12931328
- Property Type
- Detached
- Status
- active
- Days on Site
- 102
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- GOWEST REALTY LTD.
***Prestigious Mineola Neighbourhood-Stunning Custom Built Property***This Luxury Residence offers over 5000 Sq Ft of Living Space where Modern Architectural Design blends Elegance, Functionality, and Luxury. Solid Stucco & Stone Exterior. Grand 19 Ft Foyer with a Striking White Oak Staircase and Glass Railings, leads to Elegant and Spacious Living & Dining with Pot Lights and Sleek Gas Fireplace.10 t Ceiling on Main Fl & 9 ft Ceiling on 2nd Fl. At the Heart of the Home is a Gorgeous Chef's Kitchen, Thoughtfully designed for both Style & Functionality. It boasts Premium Quartz Countertops & Backsplash, a Beautiful Waterfall Island, and High-end Appliances. A Butler's Pantry and Walk-in Pantry provide Excellent Prep Space & Storage, while Extended Cabinetry with Integrated Under-cabinet Lighting adds a Refined Touch. Modern Family Room showcases a Soaring 16-foot Ceiling, a Gas Fireplace with Floor-to-ceiling Italian Tile, Floor to Ceiling Picture Windows and Custom Illuminated Millwork. High-performance Triple-pane European Tilt-and-turn Aluminum Windows fill the Home with Natural Light, enhancing the Open-concept Layout.Premium Engineered Hardwood Flooring runs throughout the Main and Second Floors.The Primary Suite is a Private Retreat featuring a Large Balcony, Spa-inspired Ensuite with a Freestanding Soaking Tub, a Rainfall Shower, Dual Vanity, along with a Custom Walk-in Closet with Cabinetry & Organizers. Additional Bedrooms are Generously Sized, Each with Large Windows, Coffered Ceilings, and Access to Designer Bathrooms with Heated Floors and Premium Fixtures.The Finished Basement offers a Spacious Recreation Room complete with Heated Vinyl Floors, Pot Lights, Gym, Office/bedroom, Bathroom, Laundry Room and a Cold Cellar/wine room. A Walk-out Leads to a Beautifully Landscaped, Fully Fenced Backyard w/Large Covered Stone Patio. A Perfect Home to Entertain & Enjoy! Ideally located near Lake Ontario, Parks, Good Schools, Go Transit, Hwys & Port Credit Village.
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Estimated Payment
$12,164.18/mo
5-yr fixed avg.
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.
Classic Elegance Near the Lake
Mineola is one of Mississauga's most desirable mature neighbourhoods, featuring grand homes on generous lots, tree-lined streets, and a strong community atmosphere. Located between Port Credit and Lorne Park, Mineola offers the best of both worlds - proximity to the waterfront and easy access to major transportation routes.
Why Live in Mineola
- •Grand homes on large, mature lots
- •Tree-lined streets with established character
- •Walking distance to Port Credit village
- •Excellent schools and family environment
- •Strong community engagement
Nearby Schools
Transit & Commuting
- •Port Credit GO Station - 5 minute drive
- •MiWay bus service
- •Close to QEW for highway access
- •18-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Tall Oaks Park
- •Mineola Community Centre
- •Close to Port Credit waterfront
- •Local parks and green spaces
- •Walking trails
Lifestyle & Community
Mineola offers a peaceful, established neighbourhood feel with easy access to Port Credit's amenities. Residents enjoy the best of suburban living with the convenience of nearby urban attractions.
402 Niar Avenue, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $917/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.
Negotiation Opportunity
At 102 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.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.