2014 Balsam Avenue, Mississauga

$1,400,000
2014 Balsam Avenue

$1,400,000

New
7d
Detached2-Storey

2014 Balsam Avenue, Mississauga

Total Monthly Obligation $6,660

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
7d
Score
15
Yield
3.2%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-W14092264
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-75 × 129 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,647.94 (2026)
Parking-6 - Detached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ICI SOURCE REAL ASSET SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

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*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,120,000
Land Transfer Taxes$24,475
Legal Fees (Est.)
$
Total cash required for closing$305,975

Total Monthly Obligation

$6,660/mo
Mortgage $5,647
Monthly Loss $5,173
Principal$1,486
Interest$4,161
Property Tax$637
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.1%11
10-Year IRR
6.8%
Returns Index
7.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$44,196/yr
NOI
$27,628/yr
Net Cash Flow
-$3,345/mo
Cash Margin
-90.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.7/ 100

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

Comparables

Properties near 2014 Balsam Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.