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Credit Valley, Brampton
$1,499,000
Being sold under POWER OF SALE due to mortgage default. "As is, where is". Located in sought after Credit Valley community close to Credit River, schools and amenities. 4 bedrooms and 3 bathrooms upstairs, 10ft ceilings, carpet free, LEGAL 2BR basement Apt rented for $1850 plus Utilities. Lease available.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $9,281 |
| Lot Size | 40.03 ft x 109.91 ft |
| mls© Number | W12883032 |
| Listed By | RIGHT AT HOME 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%
- $7,673
- Property tax
- $773
- Heat allowance
- $150
- Housing costs
- $8,596 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$264,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
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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