$950,000

For sale

27 Moffatt Avenue, Brampton (Fletcher's West) - Single Family for Sale

27 Moffatt Avenue, Brampton (Fletcher's West), Ontario, L6Y2L6

7 beds5 baths6 parking2,250 ft²49 × 104 ft (5,040 sq ft) lot sizeListed 10 days ago

Overview

This 7-bedroom, 5-bathroom home in Brampton is for sale offering roughly 2,250 sq ft of space. Its $950,000 asking price sits right in line with the $949,900 median in Brampton. It has been on the market 10 days, fresher than the Brampton average of 45 days.

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Description

Location, Location, Location! Welcome to this well-maintained, fully detached backsplit offering an excellent opportunity for homeowners and investors alike. Enjoy comfortable living while generating rental income to help offset your mortgage expenses. This property offers the perfect combination of homeownership and income potential, making it an excellent opportunity for both families and savvy investors. Featuring one legal basement apartment, this property offers excellent income-generating potential. Conveniently located within walking distance of Shoppers World and Sheridan College, and close to major highways, shopping plazas, public transit, and schools, this home is ideally situated for convenient living and strong rental appeal. Whether you are looking for a comfortable family home, an investment property, or an opportunity to generate rental income while living in the same house, this property offers exceptional versatility and value. A must-see property! Come and experience everything this beautiful home has to offer. You may just fall in love with it and make it your own! (id:66096)

Property Details

MLS®: W14115082
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 3 above · 4 below
Bathrooms: 5
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 49 × 104 ft (5,040 sq ft)
Frontage: 49 ft
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,169.34/yr

Rooms

Main level

Living room: 4.3 x 4.91 meters
Dining room: 3.65 x 3.03 meters
Kitchen: 3.77 x 3.02 meters

Lower level

Bedroom: 3.64 x 3.04 meters
Bedroom: 3.63 x 3.07 meters

In between

Family room: 3.09 x 7.61 meters
Bedroom 4: 3.54 x 3.5 meters

Second level

Primary Bedroom: 3.8 x 5.07 meters
Bedroom 2

Features

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Two stoves, Garage door opener
Flooring: Laminate, Ceramic, Vinyl
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Brampton (Fletcher's West) listings, avg age

45d

Price / ft²

$422

List price

$950K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 7-bed single family in Brampton (Fletcher's West) has been listed for 10 days, which is 35 days fresher than the city average of 45. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · GAURAV BEHL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6Y)

This home lists at $950,000, about 9.0× the local median household income of $106,000.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 75% above the area median.

Median household income: $106,000
Population: 97,601
Median age: 35.6
Owner / renter: 70% / 30%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L6Y)

$950,000· $422/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.37% · $70,000

Min 7.37%50%

Mortgage payment$4,879/mo

↳ CMHC premium ($35,200 capitalized)

Property tax (est.)$597/mo

Total monthly$5,476

Cash Needed to Close

Down payment (7.37%)$70,000

Land transfer tax$15,475

Est. closing costs$5,350

Total cash needed$90,825

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