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Clarkson, Mississauga
$949,900
This rare, solid brick, raised bungalow has endless potential. Perfect for first-time buyers who are seeking help in mortgage payments; down-sizers who would like to add some extra income to their pensions; and investors. Bright and clean house, has been well-maintained by the same owners for 40 years. Located in area with excellent schools, parks, walking trails and convenient, short walk- access to GO train, bus, community center and shopping plaza. Just a 20-minute GO ride to downtown Toronto. Situated on a quite street in a family oriented neighborhood. The property offers spacious, private backyard and driveway for 5 cars. It also has a professionally finished basement with a separate entrance. Several options of architectural drawings available for potential additions.
No extras listed.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,358 |
| Lot Size | 55 ft x 129.89 ft |
| mls© Number | W13206636 |
| Listed By | SUTTON GROUP QUANTUM REALTY INC. |
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%
- $4,862
- Property tax
- $530
- Heat allowance
- $150
- Housing costs
- $5,542 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $3,997 / mo
- Cash down
- $189,980
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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