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Listed 5 months ago

728 Wanless Drive

Northwest Brampton, Brampton

$2,650,000

Detached|2-Storey
4 | 3 | 10
About this home

ATTENTION !!! Builders & Developers !! About ONE ACRE LOT with DEVELOPMENT potential in Northwest Brampton, Pre-consultation done with City of Brampton to build a multi-unit Residential Condo/Apartment Building. Right now a 2-storey house sits on the lot, but there is also the Possibility of building commercial/Retail units after the change of Zoning. One of the BEST INVESTMENT OPPORTUNITIES. Discuss your development plans with the City of Brampton and BRING your best offer.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$9,211
Lot Size149.97 ft x 267 ft
mls© NumberW13011024
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$13,564
Property tax
$768
Heat allowance
$150
Housing costs
$14,481 / mo

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

Down payment20% · $530,000
25-yr amortization

Income needed

$446,000

gross annual household income

Payment at 4%
$11,152 / mo
Cash down
$530,000

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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