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Listed 2 months ago

21 Murphy Road

Gore Industrial North, Brampton

$1,199,999

Semi-Detached |2-Storey
4 | 4 | 3
About this home

Location-Location-Location. Beautiful & Spacious semi-detached offering 4-bedrooms featuring an excellent layout and modern finishes throughout. The home offers 3 full & 1 half washrooms, separate living and family rooms, and a bright kitchen with elegant maple cabinetry & S/S appliances.No Carpet thru out, Laminate flooring and beautiful oak stairs. Additional features include main-floor laundry, direct garage access to the home and a driveway with no sidewalk, providing extra parking space. One B/R Legal bsmnt apartment with double door entry & large windows for extra income. Great Investment and for living. Conveniently located within walking distance to airport road, public transit, grocery stores, Lcbo, Tim Hortons, banks, shopping all across the road and a wide range of everyday amenities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,400
Lot Size22.56 ft x 109.93 ft
mls© NumberW13231188
Listed ByROYAL LEPAGE IGNITE REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$6,142
Property tax
$533
Heat allowance
$150
Housing costs
$6,825 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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