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Toronto Gore Rural Estate, Brampton
$1,692,000
Welcome to this magnificent estate lot home nestled in the heart of Brampton! Offering an exceptional blend of luxury, privacy, and tranquility, this rare 0.965-acre (42,022.27 sq ft) north/east facing corner lot presents an incredible opportunity for builders, investors, or end-users looking to construct their dream property....** Custom Home & Development Potential...** Massive Lot Size: Impressive 42,022.27 sq ft (0.965-acre) corner lot featuring a circular driveway with dual street frontage...** Severance Potential (Subject City/Legal Approval) : Excellent possibility to sever into 2 large lots to build 2 custom luxury homes...** Ready to Build: Architectural, mechanical, and septic drawings are already complete for a grand 5,200 sq ft custom home...** Existing Property & Holding Income: The current 3-bedroom, 2-washroom bungalow is rented month-to-month at $2,500/month plus utilities, offering immediate, steady holding income while you finalize plans and permits...** Whether you choose to build immediately, pursue lot severance, or hold for future appreciation, opportunities on estate lots of this scale in Brampton are exceedingly rare. *** Do not miss out! *** Some photos are AI / Virtually staged and cleaned.*** Being Sold As Is ***
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,109 |
| Lot Size | 196 ft x 210 ft |
| mls© Number | W13772696 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $8,660
- Property tax
- $676
- Heat allowance
- $150
- Housing costs
- $9,486 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$292,000
gross annual household income
- Payment at 4%
- $7,120 / mo
- Cash down
- $338,400
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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