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New1 day ago

5 Summershade Street

Bram East, Brampton

$1,259,000

Detached|2-Storey
5 | 5 | 6
About this home

Step into an exceptional residence where refined elegance, impressive scale, and meticulous care come together. Boasting 3,085 sq. ft. of above-grade living space and an expansive 4,436 sq. ft. of finished living space, this distinguished home offers a truly elevated living experience. A grand double-door entry opens to a bright, spacious layout featuring 9-ft ceilings, combined living/dining, separate family room with gas fireplace, and a dedicated office. The chef-inspired kitchen is ideal for entertaining, while the elegant oak staircase adds timeless appeal. Upstairs features generously sized bedrooms, 3 full bathrooms, convenient second-floor laundry, and a luxurious primary retreat with a 5-piece ensuite, Jacuzzi tub, and his-and-hers closets. A versatile loft/study can easily be converted into a 5th bedroom with the addition of double doors. The fully finished basement offers a large recreation room, wet bar, 2 additional bedrooms, and a 3-piece bath, with plumbing and electrical rough-ins ready for a future kitchen. Enjoy the upgraded driveway with parking for 6 cars, covered front porch, and a private backyard oasis featuring a charming man-made fish pond. Located in a highly desirable neighborhood close to top-rated schools, parks, shopping, transit, and major highways. A spacious and versatile home offering exceptional comfort, functionality, and future potential!

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$7,130
Lot Size45.01 ft x 87.5 ft
mls© NumberW13762620
Listed ByTEAM PANAG REAL ESTATE INC.

Listing History

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What the bank counts

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

Mortgage, tested at 6%
$6,444
Property tax
$594
Heat allowance
$150
Housing costs
$7,188 / mo

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

Down payment20% · $251,800
25-yr amortization

Income needed

$221,000

gross annual household income

Payment at 4%
$5,298 / mo
Cash down
$251,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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