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New3 hours ago

21 Blue Lake Avenue

Fletcher's Meadow, Brampton

$1,325,000

Detached|2-Storey
4 | 4 | 6
About this home

Beautifully made legal basement and meticulously maintained detached home, offering the perfect blend of modern finishes, comfort, and functionality. This move-in-ready property features brand-new flooring, pot lights throughout, and freshly painted walls and ceilings, creating a bright and welcoming atmosphere. A major highlight is the newly finished, one-bedroom legal basement apartment with a separate entrance and its own laundry, offering excellent flexibility for extended family or potential rental income. The upper-level laundry features additional built-in storage cabinets for added convenience. Step outside to enjoy the newly added backyard shed and beautifully finished concrete patio, perfect for outdoor relaxation and entertaining. Ideally located close to everyday amenities, including supermarkets, restaurants, parks, and more. A wonderful opportunity for homeowners and investors alike!Extras: All existing light fixtures, window coverings, stainless steel refrigerator, stove, built-in dishwasher, stainless steel range hood, granite countertops, washer and dryer. Hot water tank is a rental. Central air conditioning.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$6,800
Lot Size32.22 ft x 105.23 ft
mls© NumberW14180246
Listed ByEXP REALTY

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,782
Property tax
$567
Heat allowance
$150
Housing costs
$7,499 / mo

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

Down payment20% · $265,000
25-yr amortization

Income needed

$231,000

gross annual household income

Payment at 4%
$5,576 / mo
Cash down
$265,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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