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Listed 8 months ago

211 Queen Street W

Downtown Brampton, Brampton

$1,666,667

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

Also being sold with 207 & 209 Queen St W, this is a great opportunity to acquire three contiguous parcels in the heart of downtown Brampton. Situated within the City's Urban Growth Centre and designated Central Area Mixed Use under the Secondary Plan, these properties offer strong future potential. Currently operating as a long-standing dog grooming business, with the tenant open to staying on under a new lease, providing immediate income while planning next steps.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,382
Lot Size45.06 ft x 158.78 ft
mls© NumberW12669276
Listed ByRE/MAX COMMUNITY REALTY INC.

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%
$8,531
Property tax
$365
Heat allowance
$150
Housing costs
$9,046 / mo

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

Down payment20% · $333,333
25-yr amortization

Income needed

$278,000

gross annual household income

Payment at 4%
$7,014 / mo
Cash down
$333,333

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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