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Southgate, Brampton
$968,800
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,487 |
| Lot Size | 50 ft x 120 ft |
| mls© Number | W13064156 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,959
- Property tax
- $457
- Heat allowance
- $150
- Housing costs
- $5,566 / mo
Lenders cap these at 39% of gross income — that sets the number.
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 checkInvestment Analysis
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