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Fletcher's West, Brampton
$999,999
Rare Opportunity in Brampton! Welcome to 251 Elgin Drive, a spacious detached home offering the perfect combination of family living and income generating potential. Featuring 4 bedrooms on the second floor plus a fully finished legal 3-bedroom basement apartment with a separate entrance, this property offers an impressive 7 bedrooms in total. Positioned facing a beautiful ravine, the home enjoys a peaceful and scenic setting while offering plenty of space for growing or multi-generational families. The property also features a double-car garage, generous living space, and the added flexibility of a completely separate legal basement unit. Whether you're looking to accommodate an extended family or take advantage of the property's rental income potential, this home delivers exceptional versatility. With 7 total bedrooms, a legal income-generating basement apartment, separate entrance, double-car garage, detached layout, and ravine-facing location, 251 Elgin Drive is a unique opportunity for homeowners and investors alike.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,869 |
| Lot Size | 40.08 ft x 108.41 ft |
| mls© Number | W13691088 |
| Listed By | ROYAL LEPAGE CERTIFIED 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%
- $5,118
- Property tax
- $572
- Heat allowance
- $150
- Housing costs
- $5,841 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
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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