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Heart Lake West, Brampton
$779,000
Income Potential!!!! Cashflow Positive!!!! Turnkey Opportunity!!!! Great Investment In Heart Lake! 5 Level Backsplit! 4 + 2 Bedrooms And Basement With Separate Front Entrance! 3 Kitchens And 2 Sets Of Washing Machines! 3 Full Bathrooms! Modern Kitchen W/ Granite Counters-B/I Desk Area, Pantry, Backsplash & Porcelain Floor! Don't Miss This Opportunity! Garage convert into the Bedroom, upstairs is only 3 bedrooms rented($1800), Back portion Was rented($2200), Front portion Rented($1500),
No extras listed.
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| Type | Semi-Detached |
| Style | Backsplit 5 |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,235 |
| Lot Size | 31.34 ft x 104.46 ft |
| mls© Number | W13410938 |
| Listed By | RE/MAX PRESIDENT 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%
- $3,987
- Property tax
- $436
- Heat allowance
- $150
- Housing costs
- $4,574 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$141,000
gross annual household income
- Payment at 4%
- $3,278 / mo
- Cash down
- $155,800
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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