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Heart Lake West, Brampton
$1,175,000
Beautiful 4 bedroom home with a City of Brampton Registered 2 bedroom Additional Residential Unit basement appt., metal roof, crown moldings, laminate flooring, custom stained railings, tumbled stone backsplash, quartz / granite countertops and many other features available with a flexible move in date. The oversized family room has a wood burning fireplace, which makes it a perfect family gather point for relaxing, entertaining or watching a great movie with family and friends, or even conversion to a nanny suite. Bathrooms are elegantly done with beautiful tile, soaker tub, etc. as well as a master bedroom boasting an oversized well appointed glass shower to enjoy after a long day at work. The main floor laundry is just off the kitchen, making it easy to do laundry while cooking, keeping an eye on the kids, serving guests, etc. A wooden deck just off the main floor via a large patio door, is perfect for entertaining, cooking on the barbeque or just relaxing. The yard is fully fenced, which includes a shed for tool storage, lawn furniture, etc., along with a separate entrance for the tenant along with a private fenced and gated area for the tenant(s). Shopping, transportation routes, schools, a community centre, and much more are readily accessible. Parking for 2 cars in the garage and 4 cars in the driveway provide ample resident and tenant parking. This is an EXCELLENT opportunity for a family starting out to own a very spacious home with room to grow( have children, take care of parents, siblings, etc) with an existing revenue stream to help cover bills.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,619 |
| Lot Size | 31.34 ft x 104.45 ft |
| mls© Number | W14178218 |
| Listed By | ROYAL LEPAGE ELITE REALTY |
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%
- $6,014
- Property tax
- $468
- Heat allowance
- $150
- Housing costs
- $6,632 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$204,000
gross annual household income
- Payment at 4%
- $4,945 / mo
- Cash down
- $235,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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