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New2 hours ago

19 Wayne Nicol Drive

Northwood Park, Brampton

$995,000

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

Beautiful 3-Bedroom Detached Home with Legal Basement Apartment in Desirable Northwood Park! Welcome to this beautifully maintained 3-bedroom detached home in the sought-after Northwood Park community. This energy-efficient, net-zero power home features solar panels and upgraded high-efficiency systems, including a water heater, furnace, and air conditioner. Thousands of dollars have been invested in tasteful upgrades throughout the home, both inside and out.The spacious interior offers separate living and family areas, along with a huge family room perfect for entertaining family and friends. The home also features a separate dining area, providing an ideal setting for gatherings and special occasions.A major highlight is the legal 1-bedroom basement apartment, currently rented, offering excellent additional rental income potential. Enjoy a large driveway with parking for 4+ cars, adding extra convenience for homeowners and guests.Ideally located within walking distance of Triveni Temple, banks, and a shopping plaza, this home combines comfort, convenience, energy efficiency, and investment potential.An outstanding opportunity for families, investors, and buyers looking for additional rental income. Don't miss out on this fantastic property!

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,559
Lot Size29.52 ft x 109.9 ft
mls© NumberW14031256
Listed ByRE/MAX REALTY SERVICES INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$5,093
Property tax
$463
Heat allowance
$150
Housing costs
$5,706 / mo

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

Down payment20% · $199,000
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,187 / mo
Cash down
$199,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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