Listed 6 months ago
2 Glebe Crescent
Northgate, Brampton
$899,000
Detached|Bungalow
3 | 3 | 8
About this home
Well-located corner lot with great future potential. This detached bungalow features 3 bedrooms on the main level and a 2-bedroom basement. Property requires updates-ideal opportunity to add value and generate strong long-term returns.
Extras
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,300 |
| Lot Size | 62.27 ft x 125.75 ft |
| mls© Number | W12855048 |
| Listed By | RISING SUN REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- 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%
- $4,601
- Property tax
- $525
- Heat allowance
- $150
- Housing costs
- $5,276 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $179,800
25-yr amortization
Income needed
$162,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
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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