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New3 hours ago

74 Richvale Drive

Heart Lake East, Brampton

$899,000

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

NEW PRICE - $899,000! Spacious 4+2 bedroom, 5-bathroom home in desirable Heart Lake East! Offering an impressive layout with plenty of space for a growing or extended family.The main floor features separate formal living and dining rooms, a cozy family room with fireplace, and a spacious kitchen with a large centre island, bright breakfast area and walk-out to the deck. Main-floor laundry adds everyday convenience.The upper level offers 4 generously sized bedrooms, including 2 with ensuite bathrooms.The finished walk-out basement features 2 additional bedrooms, a recreation room, second kitchen, laundry room and direct access to the backyard, providing excellent flexibility for extended family living.Double-car garage plus driveway parking for 2 additional vehicles. Conveniently located close to schools, parks, shopping, recreation, transit, Brampton Civic Hospital, Hwy 410 and the popular Heart Lake Conservation Area.Property is being sold in its current condition.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,471
Lot Size39.37 ft x 109.91 ft
mls© NumberW14141168
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

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  • 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%
$4,601
Property tax
$539
Heat allowance
$150
Housing costs
$5,291 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$163,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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