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Listed 16 days ago

13 Cumberland Drive

Brampton North, Brampton

$799,000

Detached|Bungalow-Raised
3 | 3 | 10
About this home

Welcome to 13 Cumberland Dr! This 3-bedroom raised bungalow offers an exceptional investment opportunity with 2-bedroom basement apartment, perfect for generating significant rental income. Situated on a premium 45x117 ft lot in the heart of Brampton, this property is truly a turnkey investment. The main floor has hardwood flooring throughout, 2 full Washrooms, modern light fixtures, a renovated kitchen with quartz countertops & Stainless Steel Appliances. A spacious living room with a large bay window and three generously sized bedrooms complete the upper level. The highlight for investors/ first time home buyers is 2-bedroom basement apartment, complete with a separate entrance and its own laundry facilities. This unit presents an ideal solution for offsetting mortgage costs or maximizing your return on investment. The property also offers ten parking spaces, a fenced backyard with a deck and has seen recent upgrades including a new roof (2024), furnace (2024). Prime location, walking distance to public transit, Hwy 410, top-rated schools, hospitals, and amenities like Bramalea City Centre, Tim Hortons. This property is perfect for savvy investors seeking strong rental potential or first-time home buyers looking to subsidize their living expenses.

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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
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,824
Lot Size45.01 ft x 117.2 ft
mls© NumberW13582806
Listed ByRE/MAX MILLENNIUM 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%
$4,090
Property tax
$402
Heat allowance
$150
Housing costs
$4,642 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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