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New4 hours ago

59 Royce Avenue

Downtown Brampton, Brampton

$849,000

Detached|Backsplit 3
4 | 4 | 4
About this home

Welcome to this exceptional home located on a quiet cul-de-sac, backing onto beautiful greenspace with no through traffic-offering privacy, serenity, and an ideal family setting. One ofthe standout features of this property is the fully finished legal basement apartment,presenting excellent income potential or multi-generational living opportunities. In 2017, thehome was enhanced with a luxurious 4th-level primary bedroom retreat, complete with a spaciouswalk-in closet and a well-appointed 5-piece ensuite featuring a standalone soaker tub andseparate shower. The lower level offers three additional generously sized bedrooms and a den,including one bedroom that was previously the original primary suite with its own 3-pieceensuite. Another 3-piece bathroom is also located on this level along with a large therapeutictub. The main level showcases a beautifully designed eat-in kitchen and a bright, open livingarea perfect for entertaining or everyday family living. The finished basement expands theliving space even further and includes a cozy family room with a gas fireplace, a 3-piecebathroom, and an additional bedroom. The basement also features a walk-out to the backyard andhot tub area, making it a versatile space for relaxation or additional accommodation. With itslegal basement apartment, thoughtful layout, and multiple living areas, this home offersexcellent flexibility for families, investors, or buyers seeking rental income opportunities.Extras: Backing onto green space and located at the end of a quiet cul-de-sac, providing addedprivacy and minimal traffic. Conveniently situated close to public transit, GO Train station,downtown core, and major shopping including grocery stores. Roof 2017 and furnace replaced in2026.

Extras

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,640
Lot Size50 ft x 112.93 ft
mls© NumberW14139640
Listed ByRE/MAX GOLD 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%
$4,346
Property tax
$470
Heat allowance
$150
Housing costs
$4,966 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

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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