3009 Novar Road Unit 412, Mississauga

Price: $494,000

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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$494,000 - 3009 Novar Road Unit 412, Mississauga

Condo for Sale in Mississauga

48 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
W13071966
Property Type
Condo
Status
active
Days on Site
48
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

$2,534.48/mo

Includes CMHC insurance ($13,783)

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5-yr fixed avg.

Principal: $444,600Interest: $301,960
Mortgage Amount$458,383
Total Interest$301,960
Est. Property Tax$350/mo
Total Cost$760,343

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

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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$350
Insurance (est.)-$103
Net Cash Flow+$1,357

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

Fair Market Value

At $823/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 48 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.

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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    3009 Novar Road Unit 412, Mississauga | $494,000 | Battaglia Team