
402 Niar Avenue, Mississauga
Mineola · Investor guide
$2,749,888
Estimated Value
$1,828,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by GOWEST REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,050/mo
Based on Mineola neighbourhood rental data for 5-bed Detached
Remarks
***Stunning Custom-Built Luxury Residence in Prestigious Mineola***Discover over 5,000 sq. ft. of exceptional living space where contemporary design, luxury finishes, and superior craftsmanship come together. The impressive stucco and stone exterior welcomes you into a grand 19-foot foyer featuring a striking white oak staircase with glass railings.Designed for modern living, the home offers 10-foot ceilings on the main floor, 9-foot ceilings upstairs, premium engineered hardwood flooring, pot lights, and elegant living and dining areas with a sleek gas fireplace.The chef-inspired kitchen boasts premium quartz countertops and backsplash, a waterfall island, high-end appliances, a butler's pantry, walk-in pantry, and extended custom cabinetry with under-cabinet lighting.The spectacular family room features a soaring 16-foot ceiling, floor-to-ceiling Italian tile gas fireplace, custom illuminated millwork, and oversized picture windows. Imported from Europe superior quality triple-pane tilt-and-turn aluminum windows fill the home with natural light.The luxurious primary suite offers a private balcony, custom walk-in closet, and a spa-inspired ensuite with a freestanding soaker tub, rainfall shower, and dual vanity. Spacious secondary bedrooms feature coffered ceilings, large windows, and access to designer bathrooms with heated floors.The finished walk-out basement includes a recreation room with heated vinyl floors, gym, office or fifth bedroom, full bathroom, laundry room, and cold cellar/wine room.Step outside to a beautifully landscaped, fully fenced backyard with a large covered stone patio with glass railing, perfect for entertaining. Property is ideally located in prestigious Mineola, just minutes from Lake Ontario, parks, top-rated schools, GO Transit, major highways, and vibrant Port Credit Village. An exceptional opportunity to own a truly remarkable custom home.
MississaugaInvestor.ca
402 Niar Avenue
Detached · 5bd/5ba · ~3,250 sqft
$2,749,888
Cash-Flow Report · August 2, 2026
Cap Rate
0.16%
Monthly Cash Flow
-$12,302/mo
Estimated Rent
$5,050/mo
Cash-on-Cash
-24.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,050 |
| Mortgage | −$12,657 |
| Property Tax | −$1,925 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,292 |
| Vacancy (5%) | −$253 |
| Cash Flow | -$12,302/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,600 |
| Vacancy (5%) | −$3,030 |
| Property Tax | −$23,099 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$27,499 |
| Annual NOI | $4,272 |
| Cap Rate | 0.16% |
Cash Required to Close
| Down Payment (20%) | $549,977.6 |
| Ontario Land Transfer Tax | $55,222 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $608,199.6 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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