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Listed 29 days ago

617 - 10 Lagerfeld Dr Drive N

Northwest Brampton, Brampton

$490,000

Condo Apartment |
1 | 1 | 1 | 0
About this home

Why Rent When You Can Own and Build Equity? Live just steps from Mount Pleasant GO Station and enjoy a convenient commute to Downtown Toronto in approximately 40 minutes-no driving, parking, or GO parking fees required. Welcome to Unit 617 at 10 Lagerfeld Drive, a bright North facing and modern 1-bedroom, 1-bathroom condo offering approximately 601 sq. ft. of stylish living space including a private balcony. The unit includes one underground parking space. And adequate visitors parking. Featuring laminate flooring, quartz countertops, a modern kitchen with a center island, stainless steel appliances, and a spacious bathroom with a soaker tub, this home combines comfort and functionality. Inhouse stacked front loading laundry. Ideally located near Highways 407 and 410, shopping, schools, parks, banks, medical clinics, and everyday amenities. Perfect for first-time buyers, professionals, and investors seeking exceptional value in the highly desirable Mount Pleasant Village. Own your future-stop paying rent and start building equity today! ***pictures attached to the listing are not current as property is currently tenanted***

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$323
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,157
mls© NumberW13529888
Listed ByONE PERCENT REALTY LTD.
None

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%
$2,508
Property tax
$263
Heat allowance
$150
Condo fees, half counted
$161
Housing costs
$3,082 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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