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Listed 11 days ago

14 Mission Ridge Trail

Bram East, Brampton

$1,090,000

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

**3 Bedroom Semi-Detached Home with 1 Bedroom Legal Basement Apartment**1673 Square Feet as Per MPAC**Double Door Entry**Close to Highway 427, Easy Access to Vaughan and Toronto**Walking Distance to Middle School, Public High School and Catholic High School**Walking Distance to Buses and The Gore Meadow Recreation Centre**Recreation Room Located in Basement, which is Accessible for the Owner**Separate Laundry for Both Owner and Basement Tenants**Basement can Generate Approximately $1350 per Month**

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style2-Storey
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$6,676
Lot Size25.31 ft x 111.05 ft
mls© NumberW13602894
Listed ByCENTURY 21 SKYLARK REAL ESTATE LTD.

Listing History

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  • 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%
$5,579
Property tax
$556
Heat allowance
$150
Housing costs
$6,285 / mo

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

Down payment20% · $218,000
25-yr amortization

Income needed

$193,000

gross annual household income

Payment at 4%
$4,587 / mo
Cash down
$218,000

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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