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Listed 8 days ago

38 Abbey Road

Brampton East, Brampton

$819,999

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to this beautifully maintained detached bungalow on a quiet street in sought-after Peel Village. This home offers comfort and style in a fantastic neighborhood walking distance to schools and parks, and it is close to shopping and major highways too.The main floor features hardwood flooring, a custom kitchen with granite countertop and an oversized centre island. The bright living room has a large bay window letting in lots of natural light. The separate formal dining room was originally a bedroom and can easily be converted back. The finished lower level offers additional living space with a gas fireplace, custom cabinetry, a bar (rough-in for a wet bar), an additional bedroom, a 3-piece bathroom with glass shower and a laundry room with extra storage. Outside, enjoy the extremely private, fenced backyard with beautifully landscaped gardens, an interlock driveway and walkways. Two recently re-shingled garden sheds, and one of the sheds has electrical power. A wonderful opportunity to make this your new home! Perfect for a first-time home buyer or downsizer

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,235
Lot Size50 ft x 110 ft
mls© NumberW13691506
Listed ByROYAL LEPAGE MAXIMUM REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$4,197
Property tax
$436
Heat allowance
$150
Housing costs
$4,783 / mo

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

Down payment20% · $164,000
25-yr amortization

Income needed

$147,000

gross annual household income

Payment at 4%
$3,451 / mo
Cash down
$164,000

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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