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Southgate, Brampton
$650,000
Welcome to this exciting Brampton opportunity! This 4-bedroom semi-detached home is a great fit for renovators, contractors, and investors looking for a value-add project in a high-demand, family-friendly neighbourhood. Sitting on a premium corner lot and within walking distance to Bramalea GO Station, the property offers excellent potential to renovate, improve, and build equity. The basement requires work, and there is an outstanding work order to be completed. With the right updates, this home can offer strong income potential through two possible rental streams: the main and second floor, plus a separate basement apartment with its own entrance. A solid opportunity to secure a Brampton home with upside in a convenient, high-demand location. ** Some of the photos are virtually staged**
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,899 |
| Lot Size | 40.52 ft x 80.49 ft |
| mls© Number | W13217972 |
| Listed By | RE/MAX OPTIMUM 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%
- $3,327
- Property tax
- $408
- Heat allowance
- $150
- Housing costs
- $3,885 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$120,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $130,000
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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