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Fletcher's West, Brampton
$749,100
Attention First-Time Home Buyers & Investors! Welcome to this spacious 5-level backsplit detached home offering approximately 1,871 sq. ft. (above grade) of thoughtfully designed living space, complete with a finished legal basement apartment-an incredible opportunity for homeowners and savvy investors alike. With the potential to convert the middle level into a third rental unit (buyer to verify), this property offers excellent income-generating possibilities. The main floor features a bright combined living and dining area, a chef-inspired kitchen, convenient main-floor laundry, and a powder room. The upper level boasts 3 generously sized bedrooms and a 4-piece bathroom. The middle level offers a large open-concept family room with a cozy fireplace overlooking the fully fenced backyard, along with an additional bedroom, a 3-piece bathroom, and a separate entrance. The legal basement apartment includes a spacious kitchen, separate laundry, and private entrance, while the lower basement level features a recreation room and 2 additional bedrooms, providing flexible living arrangements. Situated in an excellent family-friendly neighborhood, this home is within walking distance to public transit, shopping plazas, Sheridan College, schools, parks, and other everyday amenities. Both units are currently tenanted, making this an ideal turnkey investment. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this is an opportunity you don't want to miss!
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,004 |
| Lot Size | 30 ft x 104.99 ft |
| mls© Number | W13503530 |
| Listed By | RE/MAX REALTY SERVICES INC. |
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%
- $3,834
- Property tax
- $500
- Heat allowance
- $150
- Housing costs
- $4,485 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$138,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,820
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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