17 Echoridge Drive
Fletcher's Meadow, Brampton
$1,099,000
Beautiful Four Bedroom Detached Home In A Highly Desirable Brampton Location Near Sandalwood & Queen Mary! Featuring Hardwood Floors On The Main Level & Upper Hallway, Kitchen With Granite Countertops & Backsplash, And Convenient Second-Floor Laundry. Spacious Family Room With Gas Fireplace. Two Bedroom Legal Basement Apartment Registered As A Two-Unit Dwelling, Currently Generating Approx. $2,000/Month In Rental Income. Walking Distance To Schools, Parks, Public Transit, Plazas & Cassie Campbell Community Centre. Minutes To Major Highways. An Excellent Opportunity For Families, First-Time Buyers Or Investors!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,003 |
| Lot Size | 36.14 ft x 84.15 ft |
| mls© Number | W13678710 |
| Listed By | RE/MAX GOLD 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%
- $5,625
- Property tax
- $500
- Heat allowance
- $150
- Housing costs
- $6,275 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$193,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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