39 Colchester Avenue
Heart Lake West, Brampton
$999,999
LEGAL BASEMENT registered with city as second dwelling unit. Fully Renovated from Top to Bottom! Welcome to this beautifully updated detached home located in one of Brampton's most desirable and sought-after neighbourhoods. Thoughtfully renovated with modern finishes throughout, this move-in-ready home offers stylish living for families and investors alike. Features a legal basement apartment, providing an excellent opportunity for rental income or multigenerational living. Enjoy the convenience of a huge driveway with ample parking, making it ideal for multiple vehicles. Close to top-rated schools, parks, shopping, transit, and all essential amenities. A rare opportunity to own a turnkey home in a prime Brampton location!
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,868 |
| Lot Size | 30.02 ft x 109.91 ft |
| mls© Number | W13513298 |
| Listed By | TEAM PANAG REAL ESTATE 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%
- $5,118
- Property tax
- $572
- Heat allowance
- $150
- Housing costs
- $5,841 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
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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