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Listed 23 days ago

7 Penn Drive

Fletcher's Meadow, Brampton

$939,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to 7 Penn Drive, a cozy detached home with double car garage, nestled in the warm quiet community of Fletcher's Creek. This home welcomes you to an open to above foyer with a chandelier and immediately to the large living / dining room combo with an open concept layout and large windows and a beautiful natural looking hardwood floors. Walk into the next part of the house that greets you to the open concept of the kitchen/breakfast area/family room. The kitchen has stainless steal appliances, large window and plenty of counter space for all you cooking needs. The breakfast area has additional cabinets, perfect for a coffee bar or more storage and a walkout to the backyard. The clean backyard is large enough to always keep guests entertained or a perfect place to relax. The family room is spacious and has a built-in fireplace, to always keep everyone cozy. Upstairs, you'll find 4 bedrooms, each with their own closet. The primary bedroom has 2 large closets and a 5-piece ensuite with a standing shower and a soaker tub. The massive basement has 2 separate sections with a rec room that is currently being used as an office and another room that could be a bedroom or any use or desire. This house has endless potential, perfect for a small family with a vision. It's steps away from public transit stops, to shopping plazas, groceries, GO station and schools.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,200
Lot Size55.25 ft x 84.06 ft
mls© NumberW13559064
Listed ByROYAL LEPAGE CERTIFIED REALTY

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%
$4,806
Property tax
$517
Heat allowance
$150
Housing costs
$5,473 / mo

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

Down payment20% · $187,800
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,951 / mo
Cash down
$187,800

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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