New3 hours ago
16 Malaspina Close
Bram West, Brampton
$2,288,000
Detached|2-Storey
5 | 6 | 5
About this home
Luxury 5 bedroom with 5 ensuites, back to Ravine, main floor 10 ft ceiling with 8 ft interior doors, 2rd floor 9 ft ceiling with 7 ft interior doors, hardwood floor, smooth ceiling, granite or marble countertops in all bathrooms with undermount sinks.
Extras
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 3500-5000 sq. ft. |
| Property Tax | $15,392 |
| Lot Size | 45.05 ft x 115.58 ft |
| mls© Number | W13739248 |
| Listed By | BAY STREET GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,711
- Property tax
- $1,283
- Heat allowance
- $150
- Housing costs
- $13,144 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $457,600
25-yr amortization
Income needed
$404,000
gross annual household income
- Payment at 4%
- $9,628 / mo
- Cash down
- $457,600
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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