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New2 hours ago

45 Trewartha Crescent

Heart Lake, Brampton

$849,000

Detached|2-Storey
3 | 4 | 6
About this home

Located on a quiet, family-friendly crescent, this completely detached 2-storey home has had thousands spent on upgrades and is certified as a legal 2-unit dwelling. The spacious upper unit offers over 1,450 sq. ft. of living space, featuring 3 generously sized bedrooms, including 2 with ensuite bathrooms, separate upstairs laundry, a convenient 2-piece powder room on the main level, smooth ceilings, pot lights, and an updated kitchen. Enjoy a walkout to the fully fenced backyard, storage shed, and double-car garage. The upper unit is currently occupied by quality tenants on a month-to-month basis who would prefer to stay, paying$2,800/month. The fully renovated lower-level apartment offers a separate entrance, 2 bedrooms, egress windows, laminate flooring throughout, and separate laundry, with rental potential of at least $1,700/month. With parking for up to 6 vehicles between the garage and driveway, this versatile property offers outstanding possibilities for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. Live in one unit and rent the other, or add a turnkey legal 2-unit property to your portfolio!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,871
Lot Size37.5 ft x 105 ft
mls© NumberW14089534
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

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  • 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%
$4,346
Property tax
$489
Heat allowance
$150
Housing costs
$4,985 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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