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New3 hours ago

11 Mclaughlin Road

Brampton West, Brampton

$989,786

Detached|Bungalow
3 | 2 | 6
About this home

Beautiful Brick Bungalow W/Massive Lot Almost 1/2 Acre*4 Good Size Bedrooms*Newer Kitchen & Floors. 2 Bedrooms With Finished Basement .Excellent Opportunity for investors or developers looking to secure a strategic location in one of Brampton's key growth corridors! Stunning And Rare, Deep, Fenced 55X391 Lot Backing On To Fletcher's Creek Ravine. This ample size lot offers excellent exposure and future commercial development potential which can be verified through the city plan. Close To Shopping, Transit & All Amenities. Tenants Are Willing To Stay Or Vacant Possession Is Possible. Build Your Dream Home!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,979
Lot Size55 ft x 371.49 ft
mls© NumberW13705058
Listed ByRE/MAX GOLD REALTY INC.

Listing History

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  • 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%
$5,066
Property tax
$498
Heat allowance
$150
Housing costs
$5,714 / mo

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

Down payment20% · $197,957
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,165 / mo
Cash down
$197,957

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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