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Clarkson, Mississauga
$989,000
Welcome home to 1924 Balsam Avenue, a beautifully updated bungalow set on a rare 75 foot frontage in the heart of Clarkson-Lorne Park. Move-in ready and meticulously maintained, this home offers easy single-level living backed by a long list of recent improvements: a 2021 kitchen, renovated bathrooms in 2023, and a brand new roof in 2024. Out back, a 2021 stone patio is ready for summer evenings. Walk to the GO station, enjoy access to top-rated schools, and settle onto a friendly, well-established street. A pre-listing home inspection has been completed and the report is available on request. Best of all, a minor variance has already been approved for roughly 2,300 sqft of additional living space. Room to grow for a larger or multigenerational family, with potential to create separate space for income, subject to the required approvals. No rental items to assume. A true turnkey home with real upside.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,061 |
| Lot Size | 75 ft x 129 ft |
| mls© Number | W13639138 |
| Listed By | Royal LePage Real Estate Associates |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,062
- Property tax
- $588
- Heat allowance
- $150
- Housing costs
- $5,801 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,162 / mo
- Cash down
- $197,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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