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Fletcher's West, Brampton
$950,000
Location, Location, Location! Welcome to this well-maintained, fully detached backsplit offering an excellent opportunity for homeowners and investors alike. Enjoy comfortable living while generating rental income to help offset your mortgage expenses. This property offers the perfect combination of homeownership and income potential, making it an excellent opportunity for both families and savvy investors. Featuring two legal basement apartments, this property offers excellent income-generating potential. Conveniently located within walking distance of Shoppers World and Sheridan College, and close to major highways, shopping plazas, public transit, and schools, this home is ideally situated for convenient living and strong rental appeal. Whether you are looking for a comfortable family home, an investment property, or an opportunity to generate rental income while living in the same house, this property offers exceptional versatility and value. A must-see property! Come and experience everything this beautiful home has to offer. You may just fall in love with it and make it your own!
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,169 |
| Lot Size | 48.69 ft x 103.48 ft |
| mls© Number | W14115082 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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%
- $4,863
- Property tax
- $597
- Heat allowance
- $150
- Housing costs
- $5,610 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $3,998 / mo
- Cash down
- $190,000
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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