1897 Balsam Avenue, Mississauga

$3,499,000
1897 Balsam Avenue

$3,499,000

New
15d
Detached2-Storey

1897 Balsam Avenue, Mississauga

Total Monthly Obligation $16,603

Beds
6
Baths
7
Park
9
Sqft
3500-5000
DOM
15d
Score
16
Yield
4.1%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-W13878212
Beds-6
Bathrooms-7
Size-3500-5000 sqft
Lot Size-75.1 × 186.14 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$25,369.85 (2026)
Parking-12 - Built-In
Basement-Full, Apartment
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room
Pool-None
Facing-North
Exterior-Stucco (Plaster), Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Welcome to 1897 Balsam Avenue, an exceptional architectural residence set on a pool-size deep lot in prestigious Clarkson. Offering over 6,600 SF of finished living space & a carefully considered floor plan across three levels. Inside, soaring ceilings, expansive windows & a sophisticated combination of porcelain & hardwood flooring establish an impressive sense of scale, while B/I surround sound enhances the home's entertainment-ready design. The gourmet kitchen pairs an oversized centre island w/ Italian marble countertops & premium B/I appliances, flowing naturally into the bright breakfast area & inviting family room. A dramatic linear fireplace framed by custom built-ins creates a warm focal point, while expansive views extend toward the private backyard, an ideal setting for memorable gatherings. Above, the Owners Suite offers a private retreat w/ vaulted ceilings, a boutique-inspired walk-in closet & a spa-like ensuite finished w/ exquisite porcelain details, a deep soaker tub & oversized glass shower. Three additional bedrooms are thoughtfully appointed, each featuring its own distinctive design, generous closet space & ensuite/semi-ensuite access. The lower level adds a 2nd kitchen, spacious rec area, 2 additional bedrooms w/ ensuites, secondary laundry & a steam room. Flexible bedrooms suit various uses, while the den can convert to a home office or media room. Cove ceilings & pot lights complete the space, ideal for multi-generational living, guests, recreation & wellness. Beyond the residence, enjoy the best of Clarkson and nearby Port Credit right at your doorstep. Stroll to Clarkson Village, Port Credit waterfront, parks/trails, restaurants & boutiques. Families will appreciate access to highly regarded public & private schools, while Clarkson GO provides convenient service into Toronto. With easy access to the QEW, major routes & the GTA.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,799,200
Land Transfer Taxes$73,950
Legal Fees (Est.)
$
Total cash required for closing$775,250

Total Monthly Obligation

$16,603/mo
Mortgage $14,114
Monthly Loss $12,889
Principal$3,714
Interest$10,400
Property Tax$2,114
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.2%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$144,000/yr
NOI
$99,730/yr
Net Cash Flow
-$5,803/mo
Cash Margin
-48.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
12.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1897 Balsam Avenue

Time

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Data last updated within the past 24 hours.