$1,400,000

For sale

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2014 Balsam Avenue, Mississauga (Clarkson) - Single Family for Sale

2014 Balsam Avenue, Mississauga (Clarkson), Ontario, L5J1L2

beds

527 Meadow Wood Road, Mississauga (Clarkson), Ontario, L5J2S4

4 bd6 ba10 pk4,250 ft²Lot size 100 × 190 ft (19,000 sq ft)

Listed by SAM MCDADI REAL ESTATE INC.

1340 Contour Drive, Mississauga (Clarkson), Ontario, L5H1B2

For saleJust listed

5 days ago

$2.40M

1340 Contour Drive, Mississauga (Clarkson), Ontario, L5H1B2

4 bd3 ba8 pk3,250 ft²Lot size 22,390 sq ft (0.51 ac)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

2600 Constable Road, Mississauga (Clarkson), Ontario, L5J1W2

For sale

7 days ago

$860K

2600 Constable Road, Mississauga (Clarkson), Ontario, L5J1W2

3 bd2 ba2 pk1,300 ft²Lot size 30 × 125 ft (3,750 sq ft)

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

2475 Brookhurst Road, Mississauga (Clarkson), Ontario, L5J1R4

For sale

8 days ago

$825K

2475 Brookhurst Road, Mississauga (Clarkson), Ontario, L5J1R4

4 bd2 ba5 pk1,300 ft²Lot size 30 × 125 ft (3,750 sq ft)

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

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$1,400,000

Mississauga

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75 × 129 ft (9,675 sq ft) lot size

Overview

This 5-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $1,400,000, it is attractively priced about 26% below the $1,899,000 median asking price in Mississauga. It has been on the market 16 days, fresher than the Mississauga average of 56 days.

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Description

Located in the sought-after Lorne Park School District, this renovated five-bedroom detached home offers bright, open-concept living with hardwood flooring and abundant natural light. The modern kitchen features black stainless steel appliances, elegant countertops and a stylish backsplash. Two main-floor bedrooms and two additional bedrooms upstairs provide a versatile layout. The fully finished basement apartment features a private, covered separate side entrance, offering additional living space for extended family. Set on an expansive 75 x 129 ft lot, the property includes two separate driveways, a spacious detached garage and a covered patio overlooking the generous backyard. Steps from Clarkson GO Station and conveniently close to highways, schools, parks and shopping. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: W14092264
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 75 × 129 ft (9,675 sq ft)
Frontage: 75 ft
Storeys: 2
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,647.94/yr
Listed: 16 days ago

Rooms

Main level

Living room: 3.96 x 3.61 meters
Kitchen: 3.61 x 3.2 meters
Primary Bedroom: 4.12 x 3.48 meters
Bedroom 2: 3.48 x 2.67 meters

Second level

Bedroom 3: 3.66 x 3.05 meters
Bedroom 4: 3.66 x 2.9 meters

Lower level

Kitchen: 3.44 x 4.22 meters
Bedroom 5: 3.85 x 3.58 meters
Recreational, Games room: 3.89 x 4.45 meters
Laundry room: 3.43 x 2.39 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Blinds
Foundation: Concrete
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Mississauga (Clarkson) listings, avg age

56d

Price / ft²

$1,077

List price

$1.40M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Mississauga (Clarkson) has been listed for 16 days, which is 40 days fresher than the city average of 56. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5J)

This home lists at $1,400,000, about 13.1× the local median household income of $107,000.

Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 156% above the area median.

Median household income: $107,000
Population: 28,208
Median age: 43.2
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L5J)

$1,400,000· $1,077/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $115,000.00

Min 8.21%50%

Mortgage payment$7,124/mo

↳ CMHC premium ($51,400 capitalized)

Property tax (est.)$637/mo

Total monthly$7,762

Cash Needed to Close

Down payment (8.21%)$115,000

Land transfer tax$24,475

Est. closing costs$6,700

Total cash needed$146,175

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice