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Central Park, Brampton
$990,000
Welcome to the 'M' section, one of Brampton's most scenic and sought after neighborhoods. This Large Four Bedroom, Four Bathroom home has been well maintained, it is perfect for a large family who love to entertain. There are 3 walkouts from the kitchen, living room, laundry room, and basement which can be used for potential tenant. Many renovations have been undertaken especially over the last two years to include new lot siding, furnace and major bathroom renovations. There is a lot to mention and best it is seen. The basement apartment is legal and registered with its own address of 44 Madelaine Unit 2. (There is no separate entrance but a walkout patio is available.) All amenities are within walking distance, 410, parks, schools, shopping. All the major work has been done, just move and unpack your boxes. * Legal Basement Apartment*
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,850 |
| Lot Size | 47.12 ft x 119.41 ft |
| mls© Number | W13816188 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
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%
- $5,067
- Property tax
- $571
- Heat allowance
- $150
- Housing costs
- $5,788 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,166 / mo
- Cash down
- $198,000
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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