23 Mercer Drive
Downtown Brampton, Brampton
$599,999
A RARE OPPORTUNITY ON AN IMPRESSIVE 60' X 120' LOT IN DOWNTOWN BRAMPTON! This 4-bedroom, 2-bathroom home offers an excellent opportunity for renovators, investors, builders, or buyers looking to create a home of their own. The property features generous above-grade living space and sits on an exceptionally wide lot with plenty of potential. The existing home is in need of a full renovation, providing a blank canvas for those with vision. Ideally situated in a highly convenient downtown location close to shopping, restaurants, schools, parks, transit, and Brampton's many amenities. Property is being sold "AS IS, WHERE IS." A unique opportunity to renovate, reimagine, or explore the possibilities offered by this substantial 60' x 120' property.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,339 |
| Lot Size | 60 ft x 120 ft |
| mls© Number | W13863726 |
| Listed By | KELLER WILLIAMS EDGE 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%
- $3,071
- Property tax
- $445
- Heat allowance
- $150
- Housing costs
- $3,666 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$113,000
gross annual household income
- Payment at 4%
- $2,525 / mo
- Cash down
- $120,000
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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