406 Niar Avenue, Mississauga

Price: $1,640,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12794348

Welcome to 406 Niar Ave! This massive and beautifully renovated home is set on a generous lot in one of Mississauga's most established and desirable neighbourhoods. With over 3,600 sq. ft. of total finished living space, this is a home designed to grow with your family. Inside, the main floor delivers warmth and comfort with hardwood flooring throughout, and a living and dining room combination anchored by a beautiful gas fireplace. The dining area features a walkout to a large deck, creating an easy flow for entertaining. The kitchen is finished with Caesarstone counters and excellent workspace, while a separate family room and a main floor office with French doors provide flexibility for both relaxing and working from home. A main floor laundry room with a walkout adds everyday convenience. Upstairs, you'll find four spacious bedrooms, including a true primary retreat with a large walk-in closet and spa-like 4-piece ensuite. An additional full family bathroom completes the level, offering space and practicality for growing households. The large finished basement expands the living area even further, offering incredible storage and versatile space ideal for a recreation room, guest suite, or play area. Outside, the large fenced backyard provides privacy and room to enjoy the outdoors, while the private drive accommodates up to eight vehicles. The location truly elevates this home. Set in sought-after Mineola, you're surrounded by mature tree-lined streets, parks, and top-rated schools, with quick access to transit, major routes, and the shops and dining along Lakeshore. This is a neighbourhood known for its strong community feel, long-term value, and proximity to the lake, making it one of Mississauga's most desirable places to call home. Homes of this size, setting, and quality in Mineola rarely come available - this is your chance to secure space, charm, and location all in one exceptional property.

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$1,640,000 - 406 Niar Avenue, Mississauga

Detached for Sale in Mississauga

112 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12794348
Property Type
Detached
Status
active
Days on Site
112
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
Signature Elite Realty Ltd.
Description

Welcome to 406 Niar Ave! This massive and beautifully renovated home is set on a generous lot in one of Mississauga's most established and desirable neighbourhoods. With over 3,600 sq. ft. of total finished living space, this is a home designed to grow with your family. Inside, the main floor delivers warmth and comfort with hardwood flooring throughout, and a living and dining room combination anchored by a beautiful gas fireplace. The dining area features a walkout to a large deck, creating an easy flow for entertaining. The kitchen is finished with Caesarstone counters and excellent workspace, while a separate family room and a main floor office with French doors provide flexibility for both relaxing and working from home. A main floor laundry room with a walkout adds everyday convenience. Upstairs, you'll find four spacious bedrooms, including a true primary retreat with a large walk-in closet and spa-like 4-piece ensuite. An additional full family bathroom completes the level, offering space and practicality for growing households. The large finished basement expands the living area even further, offering incredible storage and versatile space ideal for a recreation room, guest suite, or play area. Outside, the large fenced backyard provides privacy and room to enjoy the outdoors, while the private drive accommodates up to eight vehicles. The location truly elevates this home. Set in sought-after Mineola, you're surrounded by mature tree-lined streets, parks, and top-rated schools, with quick access to transit, major routes, and the shops and dining along Lakeshore. This is a neighbourhood known for its strong community feel, long-term value, and proximity to the lake, making it one of Mississauga's most desirable places to call home. Homes of this size, setting, and quality in Mineola rarely come available - this is your chance to secure space, charm, and location all in one exceptional property.

Mortgage Calculator

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Estimated Payment

$7,254.27/mo

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5-yr fixed avg.

Principal: $1,312,000Interest: $864,282
Mortgage Amount$1,312,000
Total Interest$864,282
Est. Property Tax$1,162/mo
Total Cost$2,176,282

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

406 Niar Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,162
Insurance (est.)-$342
Net Cash Flow+$1,796

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 $820/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 112 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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.

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.

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    406 Niar Avenue, Mississauga | $1,640,000 | Battaglia Team