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New3 hours ago

27 Reynier Drive

Heart Lake East, Brampton

$857,000

Detached|2-Storey
3 | 4 | 7
About this home

Stunning Fully Renovated Detached Home in the highly sought-after Heart Lake East community. 3 Spacious Bedrooms + 2.5 Bathrooms on the upper level. LEGAL 1-BEDROOM BASEMENT APARTMENT with 1 Bathroom & Separate Entrance. Ideal for Rental Income, Extended Family or Investors. 2 Separate Laundry Areas - one on the main floor and one in the basement. Bright and spacious Open-Concept Living & Dining Area, Modern kitchen featuring Quartz Countertops, Quality Cabinetry & Ample Storage Cozy, Gas Fireplace in the living area, Walkout to Large Wooden Deck - perfect for entertaining. Spacious Primary Bedroom plus two additional generously sized bedrooms, Updated Bathrooms with modern finishes. Double-Car Garage, Parking for up to 6 vehicles. Excellent opportunity for First-Time Home Buyers, Families & Investors. Legal Basement Apartment provides excellent rental income potential. Conveniently located minutes from: Heart Lake Town Centre, Top-Rated Schools, Parks & Trails, Public Transit, Highway 410, Recreation Centre, Grocery Stores & Restaurants. Fully Renovated & Move-In Ready, Turnkey Investment Opportunity with a legal basement apartment, Located in a Highly Desirable Heart Lake East Neighborhood.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,091
Lot Size45 ft x 100 ft
mls© NumberW13833120
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY 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%
$4,387
Property tax
$424
Heat allowance
$150
Housing costs
$4,961 / mo

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

Down payment20% · $171,400
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,606 / mo
Cash down
$171,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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