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Price Change$869,900

56 Mullis Crescent

Fletcher's West, Brampton

$849,900

Detached|2-Storey
3 | 3 | 6
About this home

Presenting a beautifully maintained, fully detached home situated on a huge premium corner lot, featuring a legal studio apartment with a separate side entrance, an excellent opportunity for first-time buyers and investors alike. The main floor offers a bright and functional layout with a spacious living room, dining room, and an eat-in kitchen showcasing quartz countertops, vinyl flooring, a convenient powder room, and numerous pot lights throughout. The dining area provides a walkout to a large deck, perfect for outdoor entertaining and family gatherings. The oak stairs lead to the second floor, which has 3 generous bedrooms and a recently renovated full bathroom, providing comfortable living space for the whole family. The professionally finished LEGAL BASEMENT STUDIO APARTMENT has its own separate side entrance. The property is registered with the city as a LEGAL TWO-DWELLING UNIT. It was previously rented for $1200 per month. With the income potential from the basement, owning of this home is better than renting. Recent updates include a new garage door (May 2026), roof shingles (May 2026), furnace (June 2026), and Air Conditioning Unit (2020), ensuring peace of mind for years to come. Ideally located close to public transit, shopping, Starbucks, schools, and major highways 407, 401, and 410, this home combines convenience, functionality, and investment potential in a highly desirable location. Don't miss this rare opportunity to own a detached home on a large corner lot with a legal basement apartment in a prime location!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,967
Lot Size51.18 ft x 101.71 ft
mls© NumberW13518044
Listed ByRE/MAX REALTY SERVICES INC.

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%
$4,350
Property tax
$497
Heat allowance
$150
Housing costs
$4,997 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

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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