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Central Park, Brampton
$999,000
Stunning Detached Home Featuring 4+3 Bedrooms, 5 Bathrooms, Parking for 6 Vehicles, And a 3-Bedroom, 2-Bathroom Legal Basement Apartment With a Separate Entrance! Situated on a Premium 50-Ft Lot Fronting Mackay Street, This Home Offers Excellent Rental Income Potential or Extended Family Living. The Main Floor Features Separate Formal Living and Dining Rooms, a Family Room With a Feature Wall, an Upgraded Kitchen With Gas Stove, Stainless Steel Appliances, Backsplash and Tile Flooring, Along With an Updated 3-Pc Washroom. The Second Floor Offers 4 Spacious Bedrooms. The Legal Basement Features 3 Bedrooms, 2 Full Washrooms, a Separate Living Area and a Kitchen With Gas Stove and Stainless Steel Appliances. The Rear Separate Entrance Is Covered for Added Protection From Snow. Numerous Upgrades Include Furnace (2025), Roof (2024), A/C (2022), Stove (2024), Upgraded Kitchens, Washrooms and Flooring on the Main Floor and Basement, and Window Shutters (2025). Enjoy a New Brick Patio Along the Left Side and Backyard, a 2-Car Garage and 4 Additional Parking Spaces. Conveniently Located Within Walking Distance to Schools and Bus Stops, and Approximately 5 Minutets to Highway 410, in a Great Family-Friendly Neighbourhood!
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $507
- Heat allowance
- $150
- Housing costs
- $5,771 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
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