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New2 hours ago

1924 Balsam Avenue

Clarkson, Mississauga

$989,000

Detached|Bungalow
3 | 2 | 8
About this home

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.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,061
Lot Size75 ft x 129 ft
mls© NumberW13639138
Listed ByRoyal 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.

Down payment20% · $197,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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