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Listed 7 months ago

112 - 112 Baronwood Court

Brampton North, Brampton

$574,999

Condo Townhouse |
3 | 3 | 1 | 0
About this home

3 Bedroom home with a 4-piece bathroom on the upper level. All three bedrooms offer closets with plenty of storage space. Finished walkout basement features 1 bedroom, a 4-piece bathroom, and a kitchenette (no stove), offering potential for an in-law or family suite. Main floor includes a convenient 2-piece powder room. Ideal starter home featuring a great layout with a spacious living room and separate dining room. Complex amenities include multiple parkettes, swimming pool, kiddie pool, basketball court, and overflow parking. Part of the garage has been converted into a bedroom, but can easily be converted back to provide 1-car garage parking. Private fenced backyard is ideal for family gatherings, outdoor enjoyment, and keeping pets safe. Includes a tin shed for additional storage. Conveniently located close to public transit, GO Train, GO Bus, schools (French and English from kindergarten to high school), shopping, and everyday amenities.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$449
LockerNone
BalconyNone
ExposureNorth
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesPrivate
Property Tax$3,578
mls© NumberW12781014
Listed ByRE/MAX SKYWAY REALTY INC.
Water Included
Common Elements Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$2,943
Property tax
$298
Heat allowance
$150
Condo fees, half counted
$225
Housing costs
$3,616 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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