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New3 days ago

42 Porteous Circle

Northgate, Brampton

$899,000

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

Beautiful And Spacious Family Home In Highly Sort After Professor's Lake Neighborhood. Featuring Over 2400 Sq Ft Above Ground Living Space. Including Main Floor Cozy Family Room With Fireplace, Looking Out On Deck. Living And Dining Combine With Large Windows, Giving Lots Of Natural Lights. Large Eat In Kitchen With Lots Of Pantry Space. Spiral Wide Oak Staircase Leading To Second Floor Boasting Large Primary Bedroom With Sitting Area And Five Pcs Ensuite. Large Second, Third And Fourth Bedrooms. Finished Basement With Separate Entrance, Two Bedrooms Apartment, Plus Exercise Room. Very Short Walk To Professor's Lake, Beach, Parks, Place Of Worship, Schools, Shopping, Public Transit, Hospital

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TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,871
Lot Size38.56 ft x 119.55 ft
mls© NumberW13793888
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

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  • 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%
$4,601
Property tax
$656
Heat allowance
$150
Housing costs
$5,407 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$166,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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