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New3 hours ago

22 - 250 Richvale Drive S

Heart Lake East, Brampton

$729,000

Freehold Townhouse|3-Storey
3 | 4 | 2 | 0
About this home

Welcome To 250 Richvale Dr S, A Spacious 3-Storey Townhome In The Desirable Heart Lake East Community Offering Approximately 1,500-2,000 Sq. Ft. Of Living Space (Including The Finished Walk-Out Basement), 3+1 Bedrooms And 4 Bathrooms. The Bright Open-Concept Living And Dining Areas Feature Laminate Flooring And A Large Bay Window, While The Family-Sized Kitchen Offers Stainless Steel Appliances, Quartz Countertop, A Breakfast Bar And Plenty Of Natural Light. Laminate Flooring Continues Throughout The Upper Bedroom Levels. The Primary Bedroom Features A Walk-In Closet And Private 4-Piece Ensuite. The Finished Lower Level Is A Standout Feature, Previously Used As A Bachelor-Style Suite And Offering Its Own Kitchen/Kitchenette, 3-Piece Bathroom, Separate Entrance And Walk-Out To The Yard - Providing Excellent Potential For An In-Law Suite, Extended Family Or Flexible Secondary Living Space. Built-In Garage And Private Driveway. Conveniently Located Near Schools, Parks, Shopping, Public Transit And Major Highways & Commuter Routes. Close To Turnberry Golf Club, Trinity Common & 11 Minutes To Hospital. Roof Done: 2023 Steps Redone: 2026 Newly Painted: 2026

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BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,791
mls© NumberW13856614
Listed BySirLuckHomes Real Estate Brokerage

Listing History

  • No recent sale history for this listing.
  • 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%
$3,731
Property tax
$399
Heat allowance
$150
Housing costs
$4,281 / mo

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

Down payment20% · $145,800
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$3,068 / mo
Cash down
$145,800

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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