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New2 hours ago

1916 Reiss Court

Clarkson, Mississauga

$819,000

Semi-Detached |Bungalow
3 | 2 | 4
About this home

Located on a quiet, family-friendly court in desirable Clarkson, this spacious home offers exceptional flexibility for extended families, multi-generational living, or buyers seeking additional income potential. The main floor features 3 bedrooms, a newly renovated kitchen (2023), and bright, open-concept living and dining areas with engineered hardwood flooring throughout. The lower level offers a separate living arrangement complete with an additional bedroom, kitchen, family room, and 4-piece bathroom, providing added privacy and versatility. Recent updates include the kitchen and main living areas (2023), front and side doors (2023), roof and basement windows (2023), and washer and dryer (2026). Both the furnace and hot water tank are owned. Enjoy the convenience of being close to schools, public transit, major highways, recreation facilities, and Clarkson's beautiful lakefront parks. A fantastic opportunity in an established, sought-after neighbourhood!Seller or Seller's Agent does not warrant the retrofit status of the basement apartment.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,200
Lot Size36 ft x 113.47 ft
mls© NumberW14096530
Listed BySUTTON GROUP REALTY SYSTEMS INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,192
Property tax
$433
Heat allowance
$150
Housing costs
$4,775 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $163,800
25-yr amortization

Income needed

$147,000

gross annual household income

Payment at 4%
$3,446 / mo
Cash down
$163,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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