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New5 days ago

19 Wayne Nicol Drive

Northwood Park, Brampton

$1,029,000

Detached|2-Storey
3 | 4 | 6
About this home

Beautiful 3-bedroom detached home in the desirable Northwood Park community with Legal Basement Apartment. This net-zero power home features solar panels and upgraded high-efficiency systems including a water heater, furnace, and air conditioner.Thousands have been spent on tasteful upgrades both inside and out. The home offers separate living and family areas along with a huge family room perfect for entertaining.Includes a legal 1-bedroom basement apartment currently rented, providing excellent additional income potential.Very clean and well maintained. Walking distance to Triveni Temple, banks, and shopping plaza. Large driveway with parking for 4+ cars.Don't miss this opportunity - this home won't last long!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,559
Lot Size29.52 ft x 109.9 ft
mls© NumberW13676238
Listed ByRE/MAX REALTY SERVICES INC.

Listing History

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  • 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%
$5,267
Property tax
$463
Heat allowance
$150
Housing costs
$5,880 / mo

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

Down payment20% · $205,800
25-yr amortization

Income needed

$181,000

gross annual household income

Payment at 4%
$4,330 / mo
Cash down
$205,800

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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