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New4 hours ago

8555 Heritage Road

Bram West, Brampton

$1,458,000

Detached|Bungalow
2 | 1 | 6
About this home

ZONED FARM/LAND/COMMERCIAL/ 1/2 ACRE, 8555 HERITAGE RD, BRAMPTON - RARE INVESTMENT OPPORTUNITY! A ONCE-IN-A-LIFETIME CHANCE TO OWN A UNIQUE COMMERCIAL/RESIDENTIAL ZONED PROPERTY ON THE BORDER OF BRAMPTON AND MISSISSAUGA! THIS INCREDIBLE HALF-ACRE LOT OFFERS ENDLESS POTENTIAL FOR INVESTORS, DEVELOPERS, OR PROFESSIONALS SEEKING A PRIME LOCATION. THE PROPERTY FEATURES A 2 BEDROOM BUNGALOW THAT NEEDS SOME UPDATING, BUT KEY IMPROVEMENTS ARE ALREADY COMPLETE, INCLUDING A NEWER ROOF, FURNACE, AND WINDOWS. SURROUNDED BY MAJOR DEVELOPMENTS, CLOSE TO TRAFALGAR OUTLET MALL, PARKS, SCHOOLS, AND JUST MINUTES TO HIGHWAYS 401, 407, AND 410, THIS LOCATION OFFERS UNMATCHED EXPOSURE AND ACCESSIBILITY-PERFECT FOR A DOCTORS OFFICE, DENTAL CLINIC, OR HOME-BASED BUSINESS. RARE HALF ACRE LOT. COMMERCIAL/RESIDENTIAL ZONING, NEWER ROOF, FURNACE & WINDOWS IDEAL FOR MEDICAL/PROFESSIONAL USE. HIGH-GROWTH AREA - BORDER OF MISSISSAUGA & BRAMPTON? MINUTES TO HWYS, SHOPPINGF AND AMENITIES. DONT MISS THIS EXCEPTIONAL OPPORTUNITY TO INVEST IN ONE OF THE GTA'S MOST STRATEGIC LOCATIONS. UNLOCK THE POTENTIAL OF 8555 HERITAGE RD TODAY!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$5,019
Lot Size100 ft x 219.27 ft
mls© NumberW13720568
Listed BySUTTON GROUP - SUMMIT REALTY INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$7,463
Property tax
$418
Heat allowance
$150
Housing costs
$8,031 / mo

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

Down payment20% · $291,600
25-yr amortization

Income needed

$247,000

gross annual household income

Payment at 4%
$6,135 / mo
Cash down
$291,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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