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New2 days ago

74 Richvale Drive

Heart Lake East, Brampton

$999,000

Detached|2-Storey
4 | 5 | 4
About this home

Spacious 4+2 bedroom, 5-bathroom home in desirable Heart Lake East, offering a versatile layout ideal for family living and entertaining. The main level features separate formal living and dining rooms, a cozy family room with fireplace, and a kitchen with a large centre island, adjoining a bright breakfast area with abundant natural light and a walk-out to the deck. A main-floor laundry room adds everyday convenience. Upstairs, you'll find 4 bedrooms, including 2 with ensuite bathrooms, offering comfort and privacy for the family. The finished basement features 2 additional bedrooms, a recreation room, a second kitchen, laundry room and a walk-out to the yard, providing excellent flexibility for additional living space. Two-car garage with two separate garage doors plus driveway parking for two additional vehicles. Located in desirable, family-friendly Heart Lake East, close to schools, parks, shopping, recreation, transit, Brampton Civic Hospital and Hwy 410. Enjoy the nearby Heart Lake Conservation Area and the many amenities this established community has to offer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,471
Lot Size39.37 ft x 109.91 ft
mls© NumberW13684698
Listed ByREMAX YOUR COMMUNITY 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%
$5,113
Property tax
$539
Heat allowance
$150
Housing costs
$5,803 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$179,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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