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Downtown Brampton, Brampton
$499,999
Rare Brampton redevelopment opportunity on an impressive 56 x 138 ft lot! Whether you're looking to build, renovate, invest or create your own custom home, 15 West Street offers an exceptional opportunity in the Downtown Brampton Community. Situated on a generous lot with R2B(1) zoning, this property presents exciting possibilities for investors, builders and buyers looking for land with future potential. The existing 1.5 storey home offers a starting point for those looking to renovate or reimagine the space, featuring 3 bedrooms, 1 bathroom and 9 foot ceilings on the main level. The main floor includes two bedrooms, a combined living/dining room, eat-in kitchen and convenient main-floor laundry just off the kitchen. A rear porch provides direct access from the kitchen to the fully fenced backyard. The upper level features a spacious bedroom, while the unfinished basement offers an old stone foundation and additional storage/workshop potential. The property includes a detached garage at the rear, two parking spaces in front of the garage and one additional parking space along the side of the home. With the garage and existing configuration, there is also potential to reimagine the rear portion of the property to complement a future renovation or redevelopment plan. The property is also adjacent to a municipally owned laneway, adding to the unique character and accessibility. Renovate and create a unique family home, explore an income producing multi-unit concept, or investigate redevelopment opportunities.Bring your vision, your plans and your imagination. Properties offering this combination of lot size, location and potential are increasingly difficult to find.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,289 |
| Lot Size | 56 ft x 138.5 ft |
| mls© Number | W13833810 |
| Listed By | ROYAL LEPAGE MEADOWTOWNE REALTY |
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%
- $2,559
- Property tax
- $441
- Heat allowance
- $150
- Housing costs
- $3,150 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$97,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $100,000
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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