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New5 days ago

27 Royce Avenue

Downtown Brampton, Brampton

$689,900

Detached|Bungalow
2 | 1 | 4
About this home

This well-loved 2-bed, 1-bath home offers comfort, simplicity, and exceptional potential on a rare 40 x 150 ft lot. With only two owners in its 81-year history, the home has proven remarkably dependable - a place that has served its current owner faithfully for 23 years. Fresh paint, new flooring, and a scheduled roof replacement provide immediate peace of mind, while the efficient 670 sq ft layout keeps daily living easy and manageable.Set on a truly family-friendly street, the home sits within reach of several nearby schools, making it an appealing choice for young families seeking a safe, welcoming neighborhood. Downsizers will appreciate the practical floor plan, low maintenance, and the ability to enjoy a simpler lifestyle without giving up outdoor space. Investors will immediately see the upside: basement plumbing ready for a second bathroom, a carport that can be converted to a garage, parking for four vehicles, and a massive backyard with two apple trees and a cherry tree - ideal for a future addition or a separate accessory apartment for extra income.Located minutes from the GO station, local transit, and just outside the downtown core, the home offers excellent access to amenities while maintaining a peaceful neighborhood feel. Whether you're starting out, simplifying your lifestyle, or looking for a property with room to grow, this home delivers reliability, charm, and outstanding long-term potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$4,324
Lot Size40 ft x 150 ft
mls© NumberW13677644
Listed ByROYAL LEPAGE MEADOWTOWNE 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%
$3,531
Property tax
$360
Heat allowance
$150
Housing costs
$4,042 / mo

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

Down payment20% · $137,980
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,903 / mo
Cash down
$137,980

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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