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New3 hours ago

885 Fletcher Valley Crescent

Clarkson, Mississauga

$1,269,000

Detached|Backsplit 3
3 | 3 | 6
About this home

Some homes simply make you want to slow down and stay awhile. Tucked away on a quiet, tree-lined crescent in the hidden treasure of Fletcher Valley, this pretty backsplit sits on a generous 50 by 140 foot lot. Located in Clarkson, just a short walk from the lake and the beautiful trails of Rattray Marsh, 885 Fletcher Valley Crescent offers renovated charm, a lovely setting and a sense of community that is increasingly hard to find.This four-bedroom home, with three bedrooms upstairs and one on the lower level, has been thoughtfully updated and beautifully maintained. The renovated kitchen and bathrooms are complemented by warm hardwood flooring, luxury vinyl plank on the lower level and an inviting gas fireplace in the family room. Updates over the years include windows, flooring and roof shingles. With 1,294 square feet across the main and upper levels, plus additional finished living space below, the home offers flexibility as needs change. The fourth bedroom is equally suited to guests, a home office, gym or playroom, while the crawl space and spacious garage provide plenty of storage.The location is equally appealing. Enjoy a peaceful residential setting with easy access to Clarkson Village, excellent schools, shopping, transit and the waterfront. Play tennis or pickleball at nearby Meadow Wood Park, meet friends for coffee in the Village, explore Rattray Marsh or stroll to Watersedge Park for a quiet moment by the lake. For commuters, Clarkson GO Station is just minutes away.More than an updated and well-cared-for home, 885 Fletcher Valley Crescent is an opportunity to put down roots in a special neighbourhood with space to grow, entertain, relax and enjoy life by the lake.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 3
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$7,692
Lot Size50 ft x 140 ft
mls© NumberW13862790
Listed BySotheby's International Realty Canada, Brokerage

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$6,495
Property tax
$641
Heat allowance
$150
Housing costs
$7,286 / mo

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

Down payment20% · $253,800
25-yr amortization

Income needed

$224,000

gross annual household income

Payment at 4%
$5,340 / mo
Cash down
$253,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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