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Listed 28 days ago

8 River View Drive

Brampton East, Brampton

$1,249,000

Detached|2-Storey
4 | 3 | 12
About this home

Welcome to 8 River View Dr, located in the highly sought-after community of Peel Village in Brampton. Situated on a private extra-large 75 x 217ft lot with an inground pool backing onto Etobicoke Creek, this property offers beautiful creek views just as the street name suggests. Featuringa triple car garage and an extra-large driveway, this solid brick 2-storey home offers 4 spacious bedrooms and a functional layout on both themain and second floors. The same couple has lovingly lived here for over 40 years, raising their family and creating lifelong memories. Now theyare downsizing and offering this wonderful home to the next family. The main floor features a separate living room, formal dining room, largefamily room with fireplace, private office, and a spacious kitchen with breakfast area and patio doors leading to the backyard. The second flooroffers 4 generously sized bedrooms, including a primary bedroom with walk-in closet and ensuite bathroom, along with a separate commonwashroom for the additional bedrooms. Huge unfinished basement with endless potential to design according to your needs. Enjoy the fullyfenced private backyard complete with an inground pool, wooden deck, and peaceful creek setting that gives a country living feel while still beingin the city. Triple car garage and extra-large driveway can accommodate at least 9 cars, perfect for large families or car enthusiasts. ExcellentPeel Village location close to all amenities including Shoppers World, Brampton Transit, upcoming LRT, Sheridan College, Downtown Brampton,and GO Station. Minutes to Highways 401, 410 & 407. Steps to shopping, banks, grocery stores, major restaurants, parks, and schools.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$10,109
Lot Size75 ft x 217.1 ft
mls© NumberW13537722
Listed ByRE/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%
$6,393
Property tax
$842
Heat allowance
$150
Housing costs
$7,385 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$227,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

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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