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Listed 2 months ago

3 Dunwich Place

Southgate, Brampton

$650,000

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

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,899
Lot Size40.52 ft x 80.49 ft
mls© NumberW13217972
Listed ByRE/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.

Down payment20% · $130,000
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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