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15 Epsom Downs Drive

Southgate, Brampton

$968,800

Detached|Bungalow
3 | 2 | 5
About this home

Prime Investment Opportunity & Detached Bungalow. ATTENTION INVESTORS & MULTI-GENERATIONAL BUYERS! This is an incredible opportunity to own a meticulously maintained, turn-key income property situated on a premium 50' x 120' lot. This all-brick detached bungalow is strategically designed with dual rental potential, featuring a completely independent lower-level suite and separate outdoor living spaces. Main Level: Spacious 3-bedroom floor plan featuring crown moulding and premium Berber broadloom over original strip oak hardwood.Kitchen: Updated with elegant almond cabinetry with pantry, upgraded ceramics, and brand-new fridge and stove.Primary Suite: Features a rare walk-in closet; 2nd bedroom offers a walk-out to a private deck.Laundry: Dedicated main-floor laundry closet with a new stackable washer/dryer.Lower Level: High-Yield Income Suite Access: Completely separate side entrance leading to a bright, finished 2-bedroom basement apartment. Features: Above-grade windows for natural light, a second full kitchen, and an updated 3-piece bath. Bonus: Independent laundry room with newer appliances and a private patio area in the backyard specifically for lower-level occupants.Mechanicals & Upgrades: Roof/Eaves/Soffits/Facia: Completely replaced (2014).HVAC: New Central Air (2021) and high-efficiency furnace (2008) with a consistent Enercare maintenance record.Electrical: Upgraded circuit breaker panel and vinyl windows throughout.Exterior & Location:The property boasts a 4-car interlock driveway and an attached garage with an insulated door and remote access with door to backyard patio. Located on a quiet, tree-lined crescent, your tenants or family are steps away from schools, parks, and the No Frills Plaza. Only a 5-minute drive to Bramalea City Centre and Chinguacousy Park.Don't miss this "hidden gem"-a rare find that combines pride of ownership with a proven income-generating layout!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,487
Lot Size50 ft x 120 ft
mls© NumberW13064156
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$4,959
Property tax
$457
Heat allowance
$150
Housing costs
$5,566 / mo

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

Down payment20% · $193,760
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$4,077 / mo
Cash down
$193,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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