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Listed 8 months ago

209 Queen Street W

Downtown Brampton, Brampton

$1,666,667

Detached|2-Storey
4 | 2 | 2
About this home

Property in the core of downtown, being sold together with 207 Queen St W to the east and 211 Queen St W to the west. This creates a rare opportunity to acquire three consecutive properties in the Urban Growth Centre. Designated Central Area Mixed Use under Brampton's Secondary Plan, offering strong long-term investment potential.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,238
Lot Size45.01 ft x 158.5 ft
mls© NumberW12669242
Listed ByRE/MAX COMMUNITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,531
Property tax
$353
Heat allowance
$150
Housing costs
$9,034 / mo

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

Down payment20% · $333,333
25-yr amortization

Income needed

$278,000

gross annual household income

Payment at 4%
$7,014 / mo
Cash down
$333,333

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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