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Fletcher's Meadow, Brampton
$1,179,888
Welcome to this stunning executive home offering approximately 3,000 sq. ft. above grade and over 4,200 sq. ft. of total living space! Featuring 5 spacious bedrooms and a newly completed, professionally finished 2-bedroom **** Legal Basement**** apartment with over $100,000 spent on premium upgrades and finishes in the basement! The functional main-floor layout showcases a spacious living and dining room, a separate family room with a cozy gas fireplace, and a spacious open-concept kitchen with a generous breakfast area and walkout to a large deck. A versatile main-floor den offers the option of a 6th bedroom or home office. Upstairs, discover 5 generously sized bedrooms, including the primary bedroom that features a 5-piece ensuite and large walk-in closet, plus the convenience of second-floor laundry. The newly finished legal basement features a separate side entrance, 2 bedrooms, a beautiful modern kitchen, spacious recreation room, spa-inspired 3-piece bathroom, office area, and its own separate laundry room. The insulated garage is equipped with heaters and offers excellent potential for a home gym or man cave. No sidewalk allows for additional driveway parking! An exceptional home offering luxury, space, versatility, and incredible income potential. A must-see!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,039
- Property tax
- $672
- Heat allowance
- $150
- Housing costs
- $6,861 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$211,000
gross annual household income
- Payment at 4%
- $4,965 / mo
- Cash down
- $235,978
Assumes no other monthly debts · 25-yr amortization
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