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Southgate, Brampton
$749,999
Welcome to this beautifully maintained semi-detached bungalow nestled in the heart of Brampton! This versatile and income-generating home offers the perfect opportunity for first-time buyers, growing families, savvy investors, or multi-generational living. Featuring 3 spacious bedrooms and 1 full bathroom on the main level, plus a fully finished basement with a separate entrance, 2 additional bedrooms, 1 bathroom, and a second kitchen - this property is ideal for an in-law suite or potential rental income opportunity.The home is currently fully rented for an impressive $3,500/month, making it a fantastic turnkey investment with strong cash flow potential. Whether you're looking to live in one unit and offset your mortgage, accommodate extended family, or expand your real estate portfolio, this property checks all the boxes.Located in a highly desirable and family-friendly neighbourhood this home offers unbeatable convenience with close proximity to schools, parks, shopping, transit, major highways, and everyday amenities. Brampton continues to be one of the GTA's fastest-growing communities, making this an excellent long-term investment opportunity.Don't miss your chance to own a property that combines comfort, flexibility, and income potential in one incredible package. 42 Flamingo Crescent is the smart move you've been waiting for!
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| Type | Semi-Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,646 |
| Lot Size | 35 ft x 110 ft |
| mls© Number | W13113928 |
| Listed By | KING REALTY INC. |
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%
- $3,839
- Property tax
- $387
- Heat allowance
- $150
- Housing costs
- $4,376 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$135,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $150,000
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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