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New6 days ago

1877 Silverberry Crescent

Clarkson, Mississauga

$949,900

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

Welcome to Clarkson! Well-situated on a quiet Crescent street with no through traffic, just minutes from Lake Ontario and Lake Front Parks (Rattay Conservation Area, Lakeside Park, Watersedge Park). 17 minute walk to Clarkson Go Station and quick access to QEW. Additional Front entrance door to basement level is ideal for basement apartment/in-law suite/nanny suite. Side entrance door on ground level providing access to backyard and several options for rental income. Lots of shopping and restaurant options nearby along Lakeshore. Original owner. First time up for sale. Come and see the potential!

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,994
Lot Size30.05 ft x 125.19 ft
mls© NumberW13620134
Listed ByRE/MAX PROFESSIONALS 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
$416
Heat allowance
$150
Housing costs
$5,428 / mo

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

Down payment20% · $189,980
25-yr amortization

Income needed

$167,000

gross annual household income

Payment at 4%
$3,997 / mo
Cash down
$189,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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