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Downtown Brampton, Brampton
$799,900
Downtown Brampton, Two Unit Dwelling, Registered With The City Of Brampton. Great Opportunity For Investors, And Multi-Generational Families. Both Units Are Currently Tenanted And Have Separate Entrances. This Detached Century Home Has Total Parking For 4 Cars Which Includes A Single Car Garage. Separate Hydro Meters And Separate Electrical Breaker Panels. Lower Level Tenants Pay $2000 A Month Plus Hydro And Upper Unit Tenant Pays $1587 A Month Utilities Included. Landlord Pays Water, Gas And Upstairs Hydro. Tenants Are On Month To Month And Would Like To Stay. Buyer To Assume Tenants. Roof Replaced (2021) Skylight (2024) New Gas Meter (2024).This Home Is In A Prime Location Close To All Amenities. Walking Distance To Gage Park, Go Station, And Local Shops And Restaurants. Excellent Investment Opportunity.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,210 |
| Lot Size | 61.5 ft x 118 ft |
| mls© Number | W13534260 |
| Listed By | RE/MAX REALTY SPECIALISTS 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%
- $4,094
- Property tax
- $684
- Heat allowance
- $150
- Housing costs
- $4,928 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$152,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
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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