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Listed 22 days ago

85 Lanewood Street

Sandringham-Wellington, Brampton

$1,036,999

Detached|2-Storey
4 | 5 | 6
About this home

Welcome to 85 Lanewood St., a spacious detached family home offering comfort, functionality, and endless potential. The thoughtfully designed main floor features multiple living spaces, including separate living, dining, and family rooms, ideal for both everyday living and entertaining. The well-appointed kitchen offers ample cabinetry, and a bright breakfast area overlooking the backyard. A dramatic two-storey foyer creates a welcoming entrance, while the main-floor laundry adds convenience. Upstairs, you'll find four generously sized bedrooms, including a large primary retreat complete with a walk-in closet and a private 5-piece ensuite. Enjoy carpet-free living throughout, along with a double-car garage and parking for up to six vehicles. A fantastic opportunity to own a well-maintained home in a sought-after family-friendly neighbourhood. Private backyard enhanced with a stone patio, ideal for outdoor enjoyment.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$7,264
Lot Size36.91 ft x 108.27 ft
mls© NumberW13559270
Listed ByCENTURY 21 PROPERTY ZONE REALTY INC.

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%
$5,308
Property tax
$605
Heat allowance
$150
Housing costs
$6,063 / mo

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

Down payment20% · $207,400
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$4,364 / mo
Cash down
$207,400

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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