The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
LEGAL CITY APPROVED TWO BEDROOM BASEMENT APARTMENT IN This 4 Bedroom home located in the Popular & Prestigious Area Of Mount Pleasant Go Station. It has lot to offer Double Door Entry Leads To Large Foyer, Spacious & Open Concept Living/Dining Area, Separate Large Family Room W Fireplace, Rare 9 Ft Ceiling On Main & Second Floor,10 Feet Coffered Ceiling At Master Bedroom W/5Pc Ensuite. Very practical open concept layout. The upgraded kitchen has lot of cabinets, granite counters, stainless steel appliances, movable island with walkout to the fenced yard and over looks family sized FAMILY room equipped with gas fireplace to enjoy. The upstairs offers Four bedrooms , Three full washrooms and a laundry room. Primary room( master) has rare find 10 ft coffered ceiling with walk in closet and 5 piece spa style ensuite washrooms. The second master also has its independent attached washroom. Lots of pot lights makes the house bright. The basement is professionally built and finished with the approval of City of Brampton as a second dwelling. This two bedroom basement apartment is rented to the AAA tenants and are willing to stay. The basement it self can carry a mortgage of approx 400k
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,888/mo
Mortgage (principal + interest)$5,162
Property taxFrom listing: $8,711/yr$726
Minimum $112,990 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$275,980
Ontario land transfer taxProvincial brackets, no first-time refund$24,073
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$302,853
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brampton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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