1192 Chada Avenue, Mississauga

Price: $999,900

3 bedrooms, 2 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12655392

This beautifully maintained detached backsplit home is situated on a quiet, family-friendly street in a highly sought-after, mature Erindale neighbourhood. This property features an extra large lot (50x120) and plenty of parking space. Backyard has been transformed into a private oasis to host family and friends all summer long. This home features crown moulding on main floor, upper hallway and primary bedroom and second bedroom. Hardwood floors throughout main and upper floors. Large bright dining/living room. Newer above grade windows in the basement recreational room. New roof, vents, evestroughs and downspouts (2020). New wood fence (2021). Backyard landscaping with pavers, pergola, gazebo, two garden sheds. Outdoor low voltage adjustable lighting system, outdoor speakers. Surrounded by parks and walking trails. Public transit, University of Toronto Mississauga campus. Recreation room with its own gym. Furniture negotiable upon request. Must see to truly appreciate this home.

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$999,900 - 1192 Chada Avenue, Mississauga

Single Family Home for Sale in Mississauga

33 days on market
3Beds
2Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12655392
Property Type
Single Family Home
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
2
Square Feet
1,100 sqft
Neighbourhood
Mississauga
Lot Size
6,000 sqft
Listing Brokerage
FORESTWOOD REAL ESTATE INC.
Description

This beautifully maintained detached backsplit home is situated on a quiet, family-friendly street in a highly sought-after, mature Erindale neighbourhood. This property features an extra large lot (50x120) and plenty of parking space. Backyard has been transformed into a private oasis to host family and friends all summer long. This home features crown moulding on main floor, upper hallway and primary bedroom and second bedroom. Hardwood floors throughout main and upper floors. Large bright dining/living room. Newer above grade windows in the basement recreational room. New roof, vents, evestroughs and downspouts (2020). New wood fence (2021). Backyard landscaping with pavers, pergola, gazebo, two garden sheds. Outdoor low voltage adjustable lighting system, outdoor speakers. Surrounded by parks and walking trails. Public transit, University of Toronto Mississauga campus. Recreation room with its own gym. Furniture negotiable upon request. Must see to truly appreciate this home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

1192 Chada Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,884

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $909/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.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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