47 Mikado Crescent
Central Park, Brampton
$999,999
***Beautiful Detached Home Featuring 4+3 Bedrooms And A LEGAL BASEMENT APARTMENT!*** RENOVATED*** Separate Living Room With French Doors Options, Offering The Potential To Convert Into A Main-Floor Bedroom.***Separate Family Room With Fireplace, Extensively Renovated And Move-In Ready, This Home Features HARDWOOD Flooring With No Carpet.*** A BRAND -NEW KITCHEN With Centre Island, ** An Elegant Accent Wall With Fireplace, And A Bright, Open-Concept Layout. Offering 5 Washrooms In Total, This Home Is Perfect For Families And Investors Alike. The Legal Basement Apartment Features 3 Bedrooms And 2 Full Washrooms, and Seperate Laundry. Providing Excellent Rental Income Potential. Currently Leased For $2,000 Per Month, With The Tenant Willing To Stay. A Fantastic Opportunity To Own A Beautiful Home With Additional Rental Income!***
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,739 |
| Lot Size | 46 ft x 89.99 ft |
| mls© Number | W14109302 |
| Listed By | RE/MAX GOLD REALTY 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%
- $5,118
- Property tax
- $478
- Heat allowance
- $150
- Housing costs
- $5,747 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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