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Fletcher's Creek South, Brampton
$1,050,000
This large, well-laid-out home, backing onto a park, is perfectly situated within walking distance to Sheridan College, shopping, transportation, and schools! Featuring a beautiful patterned concrete driveway, walkway, and patio, this home boasts a large eat-in kitchen and a combined L-shaped living and dining room with a walk-out to the patio. It include main floor laundry, a 2-piece washroom, and a side entrance. The huge family room over the garage includes a wood-burning fireplace. Additionally, it features a legally finished basement ( 2 bedroom 1 bath separate laundry), enhancing its value and appeal. This property is an excellent investment opportunity with currently strong rental potential, generating a total monthly rent of $5300 ( $3400-Upper + $1900-Basement ).
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,243 |
| Lot Size | 30.93 ft x 120.56 ft |
| mls© Number | W13635998 |
| Listed By | RE/MAX GOLD REALTY INC. |
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%
- $5,374
- Property tax
- $520
- Heat allowance
- $150
- Housing costs
- $6,045 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$186,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
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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