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New4 hours ago

14 Archibald Street

Brampton West, Brampton

$999,000

Detached|2-Storey
4 | 4 | 8
About this home

PRIME LOCATION WITH LEGAL BASEMENT, 6 PARKING !!Amazing location in a well-established family friendly neighborhood. This beautiful home features 4 spacious bedrooms, including a primary suite with a walk in closet and a 4 piece ensuite. Enjoy laminate flooring, elegant oak staircase, Hardwood flooring in the upper hallway. The cozy family room is highlighted by a fireplace, while the bright and spacious kitchen offers quartz Countertops/Backsplash. and a SS appliances. The main floor includes a convenient laundry room with a washer/dryer. step away to grocery stores, banks, schools, gyms, parks and public transit all just steps away. Downtown Brampton and the GO Station are only 2 min away making commuting a breeze. Adding even more value is the very spacious finished LEGAL 2 bedroom basement with big windows in both rooms, complete with a separate entrance, separate laundry and a cozy fireplace ideal for extended family or potential rental income. Roof 2021, Furnace 2018. Deck 2020. Kitchen 2022. Gas Stove connection, Pot lights and a Cherry Tree at the backyard. motivated seller

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,300
Lot Size44 ft x 98 ft
mls© NumberW14157996
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

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What the bank counts

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

Mortgage, tested at 6%
$5,113
Property tax
$525
Heat allowance
$150
Housing costs
$5,788 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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