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Fletcher's Creek Village, Brampton
$1,299,000
**Licensed Legal Basement with 2 Income-Generating Basements Suites. Welcome to this meticulously maintained detached home, situated on a premium 40.03 x 108.53 ft lot in the highly sought-after Fletcher's Creek South neighborhood of Brampton. This spacious residence offers 4+3 bedrooms and 5 bathrooms, including a fully legal 2-bedroom basement apartment currently tenanted for $1,650/month, along with an additional basement suite featuring a full washroom which was previously tenanted for $1,100/month. A fantastic opportunity for strong rental income.The home boasts excellent curb appeal with a large front porch and professionally landscaped front and backyard. Step inside to a bright and inviting main floor showcasing gleaming hardwood floors, porcelain tiles from entry through the kitchen, freshly painted walls, and elegant wainscoting that adds a refined, executive touch.At the heart of the home is a modern, upgraded kitchen (2023) featuring stainless steel appliances, quartz countertops and backsplash, and a spacious central island-perfect for entertaining. The functional layout includes a spacious living room, separate dining area, large family room, dedicated office/computer space, and a convenient main-floor laundry room. This is a carpet-free home throughout. Key Upgrades & Features: 200 Amp electrical panel, 2 new laundry units, Pot lights throughout main floor, Upgraded double-door entry, Legal basement (2022)Roof (2018)AC (2020), Landscaping (2022),Owned water heater (2024). This property is more than just a home-it's a smart investment opportunity, with the potential to generate approximately $2,750/month in rental income from basement units. Ideally located in a family-friendly community close to Mount Pleasant GO Station, shopping, and dining including FreshCo and McDonald's. Walking distance to a plaza featuring SabziMandi, Asian food centre, Lullaboo Day Care, School. Close to schools, parks, and with easy access to major highways 401, 407, and 403.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,568 |
| Lot Size | 40.03 ft x 108.53 ft |
| mls© Number | W13537966 |
| Listed By | ROYAL CANADIAN 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%
- $6,649
- Property tax
- $547
- Heat allowance
- $150
- Housing costs
- $7,346 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$226,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
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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