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New3 hours ago

8 Monkton Circle

Credit Valley, Brampton

$1,599,000

Detached|2-Storey
6 | 5 | 6
About this home

Welcome to 8 Monkton Drive - an impressive 6+2 bedroom detached home nestled in the highly sought-after Credit Valley neighbourhood of Brampton. Offering an exceptional layout with over 3,500 sq. ft. above grade plus a beautifully FINISHED 1,600 sq. ft. basement with it's own PRIVATE ENTRANCE and walkout - this bright and spacious home is perfectly suited for large or multi-generational families. The main floor is designed for both everyday living and effortless entertaining, featuring a brand-new designer kitchen overlooking the open-concept family room and picturesque views of the park. With no rear neighbours, the private backyard offers a peaceful setting and an abundance of natural light throughout the day. The park features a beautiful tennis court, basketball court and gorgeous field. A dedicated library/den provides the ideal space for a home office, while convenient main-floor laundry adds to the home's functionality. Upstairs, you'll find SIX generously sized bedrooms and three bathrooms, offering exceptional space for the entire family. The finished basement, complete with a separate entrance, soaring ceilings, kitchen, two bedrooms, bathroom and its own laundry, presents an incredible opportunity for rental income or the perfect in-law suite. Freshly painted, renovated and move-in ready, this exceptional home is located in a prestigious community just steps from top-rated schools, parks and everyday amenities. A rare opportunity offering space, privacy and versatility in one of Brampton's most desirable neighbourhoods. Don't miss it - book your private showing today!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$10,782
Lot Size40.94 ft x 111.94 ft
mls© NumberW13704168
Listed ByKINGSWAY REAL ESTATE

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%
$8,184
Property tax
$898
Heat allowance
$150
Housing costs
$9,233 / mo

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

Down payment20% · $319,800
25-yr amortization

Income needed

$284,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

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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