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New4 days ago

22 Grand Valley Drive

Northgate, Brampton

$594,000

Detached|2-Storey
3 | 2 | 4
About this home

Great opportunity for wise buyers! Family sized detached home at condo price. 3 bedroom 2 bath brick & vinyl freehold house sitting on a 39ft wide lot with a large fenced garden & 4 car drive. Mostly needs paint and plaster. Some minor projects not completed. 2 gas fireplaces. Modern renovated kitchen with quartz counters. Renovated main bath and powder room. Updated flooring throughout. Flexible open concept floor plan. High efficiency Furnace with AC. Vinyl windows throughout. Fast closing available!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,674
Lot Size37.83 ft x 68.52 ft
mls© NumberW13787622
Listed ByFOREST HILL REAL ESTATE INC.

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%
$3,040
Property tax
$306
Heat allowance
$150
Housing costs
$3,497 / mo

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

Down payment20% · $118,800
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,500 / mo
Cash down
$118,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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