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Listed 3 months ago

736 Wanless Drive

Northwest Brampton, Brampton

$2,650,000

Detached|2-Storey
3 | 3 | 10
About this home

ATTENTION !!! Builders & Developers !! About ONE ACRE LOT with DEVELOPMENT potential in Northwest Brampton, Pre-consultation done with City of Brampton to build a multi-unit Residential Condo/Apartment Building. Right now a 2-storey house sits on the lot, but there is also the Possibility of building commercial/Retail units after Zoning Change. One of the BESTINVESTMENT OPPORTUNITIES !! Discuss your development plans with the City of Brampton and BRING your best offer. Property is Tenanted. Don't walk on the property without appointment.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,202
Lot Size150 ft x 266 ft
mls© NumberW13411950
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$13,564
Property tax
$684
Heat allowance
$150
Housing costs
$14,397 / mo

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

Down payment20% · $530,000
25-yr amortization

Income needed

$443,000

gross annual household income

Payment at 4%
$11,152 / mo
Cash down
$530,000

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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