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New3 hours ago

29 Mercer Drive

Downtown Brampton, Brampton

$613,900

Detached|Bungalow
3 | 2 | 4
About this home

Spacious detached bungalow offering 3+1 bedroom and 2 bathrooms in a convenient Brampton location. The home features a basement with a separate entrance and a spacious kitchen with quartz countertops. Excellent opportunity for investors, renovators, or buyers looking to add value. Conveniently located close to schools, public transit, parks, shopping, restaurants, library and other everyday amenities, with easy access to Highways 401, 407 & 410. Property is being sold "As Is, Where Is".

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,665
Lot Size40 ft x 120 ft
mls© NumberW13740668
Listed ByCAPITAL NORTH REALTY CORPORATION

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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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%
$3,142
Property tax
$472
Heat allowance
$150
Housing costs
$3,764 / mo

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

Down payment20% · $122,780
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,583 / mo
Cash down
$122,780

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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