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New3 hours ago

60 Torrance Woods N/A

Fletcher's West, Brampton

$999,999

Detached|2-Storey
4 | 4 | 8
About this home

Absolutely gorgeous Detached 4+2 Bedroom Home Located on a 56 x 102 ft lot in a Most Sought-After Area of Brampton, Has Many Upgrades. Well Maintained by the Owner, Two Patio Doors. Roof, Furnace and Garage Door are like new. Deck in the Backyard is for Outdoor Relaxing. Outside is where this home Truly Shines as Surrounded by Mature Fruit Trees. The Private Fully Fenced Yard is your own Backyard Oasis. The Spacious Kitchen and Breakfast area offer plenty of room for everyday family living and entertaining. Upstairs, you will find Generously Sized Bedrooms, including a Walk-In Closet and Ensuite. Den on Ground Floor can be used as an Office or 5th Bedroom. This House is in a Convenient Location, close to HWY 407 & 401, schools, parks, public transit, shopping centres, restaurants and places of worship. Professionally Finished 2 Bedroom Legal Basement with Separate Entrance is an Additional Source of Rental Income. Can Easily be Rented for $2000/Month.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,433
Lot Size56 ft x 102 ft
mls© NumberW13785648
Listed ByiCloud Realty Ltd.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$619
Heat allowance
$150
Housing costs
$5,888 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$181,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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