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Price Change$1,199,000

50 Ranchero Drive

Fletcher's Meadow, Brampton

$1,099,000

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

Welcome To 50 Ranchero Dr, Brampton! Located In Highly Desirable Fletcher's Meadow, this beautifully upgraded detached home offers 4 spacious bedrooms plus an office on the second floor that can easily be used as a den or additional bedroom. Featuring a legal 2-bedroombasement apartment with separate entrance, this property provides excellent income potential for buyers. The home showcases a double door entry, double garage, stunning stone and brick elevation, hardwood flooring on the main level, elegant oak staircase, pot lights throughout, spacious family room with gas fireplace, and an upgraded kitchen with granite countertops, stainless steel appliances, and a large breakfast area. Enjoy generous room sizes, large windows, and no carpet throughout the entire home. The seller has recently invested significantly in upgrading the concrete driveway extending to the backyard, and the roof was replaced just a few years ago. Extras include all ELF's, window coverings, fridge, stove, dishwasher, washer & dryer, and owned hot water tank. Situated in a quiet family-friendly neighborhood close to schools, parks, transit, shopping, and all major amenities, this is a fantastic opportunity for families and investors alike.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,108
Lot Size36.09 ft x 104.99 ft
mls© NumberW13139774
Listed ByRE/MAX GOLD REALTY INC.

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%
$5,625
Property tax
$592
Heat allowance
$150
Housing costs
$6,367 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$196,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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