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Brampton North, Brampton
$790,000
Welcome to this charming 3-bedroom detached bungalow with 2 Bedroom Legal basement Apartment, perfectly situated on an impressive 50 x129 ft lot in one of Brampton's most sought-after neighbourhoods. This property offers the ideal combination of comfortable living and exceptional investment potential. The oversized garage comfortably fits up to 4 vehicles and at 798 sq ft, also presents a fantastic opportunity to convert into a garden suite. Add the private driveway with space for8 more cars and you have something truly hard to come by. The expansive backyard provides even further possibilities for outdoor living or additional development. Adding immediate income appeal, the property features a newly built 2-bedroom legal basement apartment, currently tenanted at $1,500/month - an excellent offset for mortgage costs or a strong addition to any investment portfolio. Ideally located near the future Queen St. development corridor, this home offers exciting long-term appreciation potential. Steps to top-rated schools, parks, shopping, and transit, this is a true lifestyle location for families and commuters alike. Whether you are a first-time buyer looking to enter the market with built-in rental income, or a savvy investor , this one checks all the boxes. Don't miss this outstanding opportunity!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,700 |
| Lot Size | 50 ft x 129 ft |
| mls© Number | W13617734 |
| Listed By | RE/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%
- $4,044
- Property tax
- $475
- Heat allowance
- $150
- Housing costs
- $4,669 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$144,000
gross annual household income
- Payment at 4%
- $3,324 / mo
- Cash down
- $158,000
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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