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Fletcher's Meadow, Brampton
$1,049,000
This property features a brand-new 2-bedroom legal basement apartment with a separate entrance, currently generating $2,200 in monthly rental income. Buyers have the flexibility to continue collecting rental income or occupy the basement themselves, making it an ideal option for extended family living.Welcome to this beautifully upgraded 4-bedroom detached home situated on a premium corner lot in a quiet, family-friendly neighborhood. Fully renovated from top to bottom, this home showcases modern finishes, functional design, and exceptional attention to detail.The brand-new custom kitchen is the centerpiece of the home, featuring built-in stainless steel appliances, gas range, quartz countertops, under-cabinet lighting, built-in microwave, and a spacious walk-in pantry. The centre island and family-sized eat-in area create the perfect setting for both entertaining and everyday living. Walk out to a private deck with a BBQ gas hook-up and a fully fenced backyard with a powered shed, ideal for outdoor enjoyment and storage.Interior upgrades include wide-plank laminate flooring, pot lights, elegant light fixtures, fresh paint, and an upgraded staircase with wrought iron spindles. The main floor offers a formal dining room and a cozy family room with a gas fireplace.Upstairs features 4 spacious bedrooms and 3 fully renovated bathrooms, including a renovated powder room. The primary bedroom includes a custom walk-in closet and a luxurious 5-piece ensuite with freestanding tub, glass shower, and premium finishes. Bedrooms 3 and 4 share a Jack & Jill bathroom, while Bedroom 2 includes its own walk-in closet.The main floor laundry/mudroom includes a new stainless steel washer and dryer, garage access, and a separate side entrance to the basement.Conveniently located close to schools, parks, shopping, and transit, this turnkey home offers comfort, style, and outstanding income potential. A must-see!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,024 |
| Lot Size | 36.09 ft x 95.41 ft |
| mls© Number | W14177572 |
| Listed By | RE/MAX REALTY SERVICES 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%
- $5,369
- Property tax
- $585
- Heat allowance
- $150
- Housing costs
- $6,105 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$188,000
gross annual household income
- Payment at 4%
- $4,414 / mo
- Cash down
- $209,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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