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New2 hours ago

57 Havelock Drive

Fletcher's Creek South, Brampton

$1,299,000

Detached|2-Storey
5 | 5 | 5
About this home

Welcome to 57 Havelock Drive, an exceptional detached home in the highly desirable Fletcher's Creek South community! Offering approximately 2,822 sq. ft. above grade, this spacious and beautifully designed home features 5 generous bedrooms, bright and inviting living and dining areas, a private main-floor office, and a warm family room with fireplace and walkout to the fully fenced backyard. The spacious kitchen and breakfast area offer plenty of room for everyday family living and entertaining. Upstairs, you'll find generously sized bedrooms, including a primary retreat with walk-in closet and ensuite. A RARE HIGHLIGHT - TWO LEGAL BASEMENT UNITS! The professionally finished basement features two separate legal units: one 2-bedroom unit and one 1-bedroom unit, each complete with its own extended family living or additional rental income. Situated on a generous 44.91 x 109.30 ft lot in a convenient South Brampton location, close to Hwy 407 & 401, schools, parks, public transit, shopping, restaurants and places of worship. A spacious family home combined with outstanding income potential-a truly unique opportunity you don't want to miss!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,636
Lot Size44.91 ft x 109.3 ft
mls© NumberW13718564
Listed ByRE/MAX GOLD REALTY INC.

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What the bank counts

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

Mortgage, tested at 6%
$6,649
Property tax
$636
Heat allowance
$150
Housing costs
$7,435 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$229,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

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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