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New4 hours ago

23 Deerpark Crescent

Brampton West, Brampton

$1,000,000

Detached|Backsplit 5
7 | 4 | 5
About this home

Excellent Investment Opportunity! These well-maintained property features 3 bedrooms and 2 full washrooms on the upper level. The main level offers 1 bedroom, 1 full washroom, and direct access to the backyard. The basement includes 4 bedrooms, providing excellent potential for additional rental income. Conveniently located close to shopping, amenities, transit, and Downtown Brampton. Ideal for investors seeking strong rental potential and a prime location.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,271
Lot Size30 ft x 101 ft
mls© NumberW13862524
Listed ByCENTURY 21 PEOPLE`S CHOICE 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%
$5,118
Property tax
$439
Heat allowance
$150
Housing costs
$5,708 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

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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