1924 Balsam Avenue, Mississauga

Price: $989,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13639138

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.

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New Listing
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$989,000 - 1924 Balsam Avenue, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Clarkson

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13639138
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
Royal LePage Real Estate Associates
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,074.08/mo

Includes CMHC insurance ($27,593)

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5%10%50%

5-yr fixed avg.

Principal: $890,100Interest: $604,532
Mortgage Amount$917,693
Total Interest$604,532
Est. Property Tax$701/mo
Total Cost$1,522,225

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • Excellent schools including Clarkson Secondary
  • Charming village core with local businesses
  • Family-friendly parks and recreation
  • Clarkson GO Station for easy commuting
  • Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • Clarkson GO Station - direct line to Union Station
  • MiWay bus connections
  • Easy access to QEW and Highway 403
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Clarkson Community Centre
  • Rattray Marsh Conservation Area
  • Richard's Memorial Park
  • Clarkson Village shops and restaurants
  • Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1924 Balsam Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$1,893

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $899/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About Clarkson

I know Clarkson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1924 Balsam Avenue, Mississauga | $989,000 | Battaglia Team