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Fletcher's Creek South, Brampton
$1,049,900
Rare investment opportunity on a huge pie shaped lot! Three brand new interior units plus basement potential. Main level spacious 1 bed apt. (massive kitchen, living/dining combo, good sized primary bedroom with huge walk-in closet & ensuite laundry, PLUS an attached granny suite with separate entrance, own kitchenette, ensuite laundry potential, and 3 pc. Bath, or attached family room with wet bar. Upper level with bright 2 bedroom, 2 4pc. Bath, apartment with kitchen walkout to private rooftop terrace. Heated floors, upgraded appliances, Basement offers separate entrance with potential for further unit, 2 entrances. Massive parking driveway with 1.5 garage, 5-6 car parking. Steps to Sheridan College - ideal for investors, renovators - looking to add value, or multi generational living. Sold "as is" with some exterior finishing, grading/sodding still to be completed. Child safe court, close to shopping. Have renovator/builder plans for property.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,370 |
| Lot Size | 40.35 ft x 114.8 ft |
| mls© Number | W13800146 |
| Listed By | RE/MAX WEST REALTY 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%
- $5,374
- Property tax
- $614
- Heat allowance
- $150
- Housing costs
- $6,138 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$189,000
gross annual household income
- Payment at 4%
- $4,418 / mo
- Cash down
- $209,980
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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