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New2 hours ago

8 Teal Crest Circle

Credit Valley, Brampton

$1,599,000

Detached|2-Storey
5 | 6 | 6
About this home

An Absolute Showstopper in the Prestigious Credit Valley Area! Situated on a Premium Ravine Lot, this stunning home features 5+3 bedrooms and 6 bathrooms, offering exceptional space and functionality for a growing family or multi-generational living.Step through the elegant double-door entrance into a welcoming foyer adorned with impressive 24" x 48" HD porcelain tiles. The dining area features a striking accent wall, while the separate formal living room provides the perfect setting for entertaining guests.The upgraded chef's kitchen is a culinary dream, featuring high-end stainless-steel professional-series built-in appliances, granite countertops, and a bonus walk-in pantry. The spacious family room offers cozy evenings by the gas fireplace, complemented by beautiful hardwood flooring. A dedicated main-floor office provides the ideal space for working from home.The second floor boasts 5 spacious bedrooms, including 2 bedrooms with private ensuite bathrooms and walk-in closets.Legal Second Dwelling Unit! The basement is approved by the City of Brampton and features a 2-bedroom, 1-bathroom unit plus a 1-bedroom, 1-bathroom unit, currently owner-occupied. The entire basement is equipped with Sonopan soundproofing for enhanced privacy and comfort.Thousands of dollars have been spent on upgrades throughout the home. Words cannot do justice to this exceptional property-this is truly a must-see!Don't miss the virtual tour!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$10,566
Lot Size44.2 ft x 147.49 ft
mls© NumberW13757158
Listed ByCENTURY 21 PROPERTY ZONE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$8,184
Property tax
$881
Heat allowance
$150
Housing costs
$9,215 / mo

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

Down payment20% · $319,800
25-yr amortization

Income needed

$284,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

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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