Linked-Attached Row Townhouse In The Desirable Heart Lake Community Of Brampton. Freshly Painted Interior. New Light Fixtures, Three Well-Sized Bedrooms, Hardwood Flooring Throughout The Main Floor, Spacious Living/Dining Area With Walkout To Deck And Backyard, And Kitchen With Breakfast Area. Wood Staircase. Primary Bedroom Features Hardwood Flooring And A 4-Piece Ensuite. Hardwood Flooring In Upper Hallway; Laminate Flooring In The Other Two Bedrooms. Finished Basement With Large Recreation Room, Additional Bedroom, Laminate Flooring, 2-Piece Washroom, Cold Room And Separate Laundry Area. Conveniently Located Close To Highway 410, Notre Dame Catholic Secondary School, Shopping, Restaurants, Grocery Stores, Trinity Common Shopping Centre, Heart Lake Conservation Area And Turnberry Golf Club. Property Being Sold Under Power Of Sale, In AS IS, WHERE IS Condition. Carpet-free Home.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,581
- Property tax
- $393
- Heat allowance
- $150
- Housing costs
- $4,124 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$127,000
gross annual household income
- Payment at 4%
- $2,944 / mo
- Cash down
- $139,911
Assumes no other monthly debts · 25-yr amortization
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