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Listed 11 days ago

87 Abitibi Lake Drive S

Sandringham-Wellington, Brampton

$1,349,000

Detached|2-Storey
4 | 5 | 4
About this home

Stunning 4+2 Bdrm Detached In Sought-After Sandringham-Wellington! Approx 2,550 Sq Ft Of Bright, Functional Living Space On A 38 X 90 Ft Lot. Grand Double-Door Entry Opens To Hardwood Floors & Pot Lights Throughout The Main Level. Open Concept Living/Dining Flows Into A Custom Chef's Kitchen W/ Quartz Counters, Centre Island, B/I Hi-End Appliances & Sun-Filled Breakfast Area W/ W/O To Yard. Cozy Family Rm W/ Gas Fireplace. Solid Oak Staircase W/ Metal Pickets Leads To 4 Generous Bdrms & 3 Full Baths Upstairs. Primary Retreat Boasts 5-Pc Ensuite &His/Hers Closets; Two Add'l Bdrms Share A Semi-Ensuite. Prof. Finished Bsmt W/ Separate Entrance Offers 2 Bdrms, Full Kitchen, 4-Pc Bath, Open Rec Rm & Its Own Laundry - Ideal For In-Laws Or Rental Income. Main Floor Laundry W/ Direct Garage Access. Double Garage + 2 Driveway Spots (4 Total). Prof. Concrete Surround & Backyard For Low-Maint Outdoor Living. Steps To Schools, Parks, Transit & Shopping. Move-In Ready - Nothing To Do But Enjoy!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,405
Lot Size38.06 ft x 90.22 ft
mls© NumberW14123012
Listed ByiCloud Realty Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,905
Property tax
$784
Heat allowance
$150
Housing costs
$7,839 / mo

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

Down payment20% · $269,800
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,677 / mo
Cash down
$269,800

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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