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Clarkson, Mississauga
$788,800
Attention investors and smart buyers! This fully renovated semi-detached home offers a rare opportunity with strong income potential and flexible use. The legal basement apartment, never lived in, provides immediate rental income to help offset your mortgage from day one. If not needed, this extra income can support your future retirement plan. For investors, the main unit plus the 3-bedroom basement unit can carry the property on its own, with positive cash flow from rental income.The main level features 2 spacious bedrooms and 2 updated full bathrooms. The modern kitchen includes stainless steel appliances, elegant finishes, and hardwood flooring throughout- no carpet. Freshly painted with new blinds throughout. Bright, well-designed, and move-in ready.A separate entrance leads to the legal basement apartment: 3 bedrooms, 1 bathroom, with its own ensuite laundry, separate from the main unit's laundry. Brand new and ready for a tenant on day one.Enjoy a private backyard with sheds, plus a driveway for 4 cars. Absolutely outstanding property, close to Clarkson GO Station, the QEW, bus stops, transit, shopping, schools, parks, and all amenities in desirable Clarkson, near Mississauga and Oakville.A turnkey property combining comfortable living with excellent income potential. House is virtually staged.
No extras listed.
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Semi-Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,097 |
| Lot Size | 30 ft x 125 ft |
| mls© Number | W13646318 |
| Listed By | REAL BROKER ONTARIO LTD. |
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%
- $4,037
- Property tax
- $425
- Heat allowance
- $150
- Housing costs
- $4,612 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,319 / mo
- Cash down
- $157,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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