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New2 hours ago

40 Morado Court

Central Park, Brampton

$945,000

Detached|2-Storey
3 | 4 | 6
About this home

Excellent Opportunity To Own A Well-Maintained Home In A Desirable Court Location! This Spacious Property Features 3+1 Bedrooms, 4 Washrooms And Two Kitchens. The Legal Walkout Basement Apartment Offers Excellent Flexibility For Extended Family Or Potential Rental Income. Enjoy A Generous Backyard With Potential For A Detached Garden Suite Or Additional Residential Unit, Subject To Municipal Zoning, Permits And Approvals. Additional Features Include A Spacious Wraparound Deck, Double-Car Garage And Direct Garage Access To The Home. A Move-In-Ready Property With Outstanding Living And Investment Potential!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,343
Lot Size22.33 ft x 129.45 ft
mls© NumberW13775824
Listed ByRE/MAX REALTY SERVICES 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%
$4,837
Property tax
$445
Heat allowance
$150
Housing costs
$5,432 / mo

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

Down payment20% · $189,000
25-yr amortization

Income needed

$167,000

gross annual household income

Payment at 4%
$3,977 / mo
Cash down
$189,000

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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