40 Morado Court
Central Park, Brampton
$945,000
Excellent Opportunity To Own A Well-Maintained Home In A Desirable Court Location! This Spacious Property Features 3+1 Bedrooms, 4 Washrooms And Two Kitchens. The Legal Walkout Basement Apartment Offers Excellent Flexibility For Extended Family Or Potential Rental Income. Enjoy A Generous Backyard With Potential For A Detached Garden Suite Or Additional Residential Unit, Subject To Municipal Zoning, Permits And Approvals. Additional Features Include A Spacious Wraparound Deck, Double-Car Garage And Direct Garage Access To The Home. A Move-In-Ready Property With Outstanding Living And Investment Potential!
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Listing History
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%
- $4,837
- Property tax
- $445
- Heat allowance
- $150
- Housing costs
- $5,432 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$167,000
gross annual household income
- Payment at 4%
- $3,977 / mo
- Cash down
- $189,000
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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