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Brampton North, Brampton
$1,375,000
Looking for income generating great Investment opportunity in the heart of Brampton or looking for yourslef with supporting income from the legal basement unit? This amazing Duplex (Legal 2 Units) Bungalow in a high demand, matured neighbourhood in Brampton is the answer to that. Main Floor Unit has 3 Bedrroms and 2 full bathrooms. Fully renovated in 2022 with open concept kitchen, living/dinnig area overlooking the front yard. All newer appliances (August 2022), pot lights, premium window coverings. Legal Basement unit has 3 Bedrooms and 1 Full Bath with Large Over ground windows which give plenty of natural light. Both units have their own laundry. Both units are currently leased and get over $5000 in rent,. Vacant possession is possible.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,539 |
| Lot Size | 50.06 ft x 100.12 ft |
| mls© Number | W13018314 |
| Listed By | CENTURY 21 PROPERTY ZONE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,038
- Property tax
- $378
- Heat allowance
- $150
- Housing costs
- $7,566 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$233,000
gross annual household income
- Payment at 4%
- $5,786 / mo
- Cash down
- $275,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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