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Central Park, Brampton
$920,000
Rare Opportunity To Own A 3-Unit Semi-Detached Home, With Each Unit Featuring Its Own Separate Entrance. The Upper Level Offers 3 Bedrooms, 1.5 Bathrooms, A Spacious Living Area With Balcony Walkout, And A Well-Designed Kitchen And Dining Area. The Main Level Features 2 Bedrooms, 1 Bathroom, A Bright Living Space And Separate Kitchen, While The 2-Bedroom Basement Suite Offers The Added Benefit Of A Walkout.Situated On A Large Pie-Shaped Ravine Lot, This Home Offers An Expansive Backyard With A Peaceful Natural Setting And A Small Water Stream Visible From The Property. With 8-Car Parking, Generous Living Space, And A Unique Layout, This Property Offers Both Lifestyle And Income Potential.Currently Generating $6000/Month + Utilities, This Is An Excellent Opportunity For First-Time Buyers To Live In One Unit While Generating Rental Income From The Others, Or For Investors Seeking A Multi-Unit Property. Rarely Does A Property Offer This Combination Of Space, Income, Parking, And Ravine Living. Please See The Attached Brochures For Additional Details.
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| Type | Semi-Detached |
| Style | Backsplit 5 |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,967 |
| Lot Size | 23.32 ft x 105.63 ft |
| mls© Number | W13858514 |
| Listed By | ROYAL LEPAGE SIGNATURE 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%
- $4,709
- Property tax
- $497
- Heat allowance
- $150
- Housing costs
- $5,356 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$165,000
gross annual household income
- Payment at 4%
- $3,872 / mo
- Cash down
- $184,000
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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