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Listed 2 months ago

4395 Castlemore Road

Bram East, Brampton

$2,499,000

Detached|Backsplit 5
4 | 3 | 13
About this home

4 Bdrm Estate Home Is Situated On 2.28 Acres In Highly Sought After Area Of Brampton East! This property has potential future for development proposal for 40+ Townhouses!! Investors/Developers Pay attention!! Already considered by developer under proposal to develop 40 townhomes!! You can buy and become part of that investment project!! Seller is willing to sell this property to any investors or developers!! House is in very well condition!! 4+2 Bedrooms!! Very convenient location!! Great Opportunity To Own A Rare Property On Prime Land! Open Concept Layout, Family Sized Kitchen W/ Stainless Steel Appliances & Walkout To Deck, Large Bedrooms, Separate Entrance . Ample Parking Space. Steps Away From Plazas, School And All Amenities. (Tenants Willing to Stay).Being Sold as is Buyer's Agent to verify all Measures

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$13,099
Lot Size210.01 ft x 472.93 ft
mls© NumberW13450960
Listed ByHOMELIFE SILVERCITY 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%
$12,791
Property tax
$1,092
Heat allowance
$150
Housing costs
$14,033 / mo

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

Down payment20% · $499,800
25-yr amortization

Income needed

$432,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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