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New5 days ago

55 Ridgehill Drive

Brampton South, Brampton

$1,429,900

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

Gorgeous Ridge Manor location, one of the most desirable streets in Brampton! Surrounded by mature trees on a quite dead end street, close schools, public transit, Rec facilities, and shopping. You would never know you're living in a City surrounded in this natural setting. Beautifully upgraded 5 bdrm home with finished basement featuring a self contained apt, Modern kitchen, Gorgeous inground pool, all bathrooms have been upgraded and updated, Parking for 6 cars in driveway. Not to be missed!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$11,922
Lot Size51.41 ft x 148.5 ft
mls© NumberW13839550
Listed ByCENTURY 21 MILLENNIUM INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,319
Property tax
$994
Heat allowance
$150
Housing costs
$8,462 / mo

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

Down payment20% · $285,980
25-yr amortization

Income needed

$260,000

gross annual household income

Payment at 4%
$6,017 / mo
Cash down
$285,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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