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New4 hours ago

15 Newton Road

Brampton North, Brampton

$799,999

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

Priced to be chased - and worth chasing.At $799,000, 15 Newton Rd puts a detached Brampton home within reach of buyers who thought it wasn't. This is where equity can be built. FIRST-TIME BUYERS & UPSIZERS: a detached Brampton home, within reach - or the upsizer's move: the house and the lot, without paying for someone else's renovations. Renovated fully, it stands in the approximately $900,000 conversation in today's market. Move in, renovate slowly - your timeline, your budget - every project finished is equity you can build yourself. INVESTORS: run your numbers. Flip it, or fix it, rent it, hold it - buying in below where a renovated version would sit: $799,000, not approximately $900,000. Vacant - your rent, your tenants, from day one. Flippers - one more thing, and you can only get it from Team Rocky: buy through Team Rocky and our construction team can fully renovate the home under contract, then take their payment from the resale when you sell it - not out of your pocket up front. We help you buy it, our team renovates it, we help you sell it. The details are in the attachments. Why this one? A massive 50 x 110 ft lot backing onto Etobicoke Creek - west-facing backyard and deck, backing no renovation can buy later. A coveted Brampton North pocket (Williams Pkwy & Centre St), white brick facade, primary bedroom with ensuite and walk-in closet - two bathrooms upstairs. And a DRIVE-THROUGH garage, doors front and back - rare gold on a lot like this. POTENTIAL - what this home can become, and the EQUITY you build getting it there. Detached 2-storey, 3 bd/3 ba, 2,312 sq ft, 3 finished levels incl lower rec/laundry, drive-through garage, 3 parking, A/C, AS-IS, vacant. OPEN THE ATTACHMENTS - the numbers are all there: financial breakdown (cost to own, month by month), investor breakdown (flip + rent-and-hold numbers), the flipper offer explained. Most buyers never open them. Don't be most buyers. Come see the potential for yourself - bring your vision.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,527
Lot Size50 ft x 110 ft
mls© NumberW14084964
Listed ByTHE CANADIAN HOME REALTY INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$4,095
Property tax
$461
Heat allowance
$150
Housing costs
$4,705 / mo

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

Down payment20% · $160,000
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,367 / mo
Cash down
$160,000

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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