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Fletcher's Meadow, Brampton
$789,000
LOOK NO FURTHER! Welcome to 173 Fairhill Ave, an exceptional freehold detached raised-bungalow featuring 2+2 generously sized bedrooms and 2+1 full bathrooms. This beautifully maintained home is perfect for families, multi-generational living, or those looking for incredible flexibility. The main floor welcomes you with a grand foyer featuring a soaring 12-ft ceiling, leading into a bright and spacious living area, 2 spacious bedrooms, 2 full bathrooms, and an inviting dining and kitchen area. The primary bedroom offers a private retreat with its own 4-piece ensuite bathroom.The finished basement adds even more living space with 2 additional bedrooms, a 4-piece bathroom, and a roughed-in kitchen, creating the perfect opportunity for an in-law suite or multi-family living. The convenient entrance to the backyard can also serve as a separate entrance to the basement, adding even more potential and privacy. Enjoy the outdoors in the private, fully fenced backyard, while the double-car garage provides plenty of parking and storage. Home is freshly painted and carpet free, and features recent upgrades including a 2-yr old roof, and an updated and owned 3-yr old tankless hot water heater! This well maintained home is situated in a premium, family-friendly location close to top-rated schools, shopping centres, parks, walking trails, recreation centres, and everyday amenities. Commuting is a breeze with quick access to public transportation, major highways, and the nearby Mount Pleasant GO Station. Combining comfort, versatility, and an unbeatable location this home is definitely a must-see! DON'T MISS OUT ON THIS ONE!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,038
- Property tax
- $535
- Heat allowance
- $150
- Housing costs
- $4,723 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,320 / mo
- Cash down
- $157,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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