$699,900

For sale

34 Joseph Street, Brampton (Downtown Brampton) - Single Family for Sale

34 Joseph Street, Brampton (Downtown Brampton), Ontario, L6X1H6

5 beds3 baths5 parking1,300 ft²40 × 132 ft (5,280 sq ft) lot sizeListed 57 days ago

Overview

This 5-bedroom, 3-bathroom home in Brampton is for sale offering roughly 1,300 sq ft of space. Listed at $699,900, it is attractively priced about 16% below the $829,900 median asking price in Brampton. It has been on the market 57 days, fresher than the Brampton average of 107 days.

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Description

Welcome to 34 Joseph street nestles in the heart of Brampton's historic downtown, this spacious 2-storey brick home blends character, potential, and investment opportunity, Featuring a welcoming front porch, this property is currently configured as two self-contained units on the main and upper levels, with the potential to add a third unit in the basement via a separate entrance. Offering 4+1 bedrooms and 3 bathrooms, the home provides flexible living arrangements for investors or multi-generational families. The upstairs unit has been recently rented and is now vacant, and the property will be sold without tenants, gibing buyers a fresh start. The lot includes covered parking for three vehicles plus a shared mutual driveway that accommodated two additional cars. Located in n area undergoing major revitalization with serval new developments nearby, this property also presents exciting future development possibilities. Whether you're seeking strong rental income or a prime investment in fast changing neighborhood, this is a rare opportunity you wont want to miss. Book your showing today, this one wont last. (id:66096)

Property Details

MLS®: W13758866
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 40 × 132 ft (5,280 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Partially finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $5,258.82/yr

Rooms

Main level

Living room: 4.16 x 3.64 meters
Kitchen: 3.95 x 3.54 meters
Primary Bedroom: 3.14 x 3.14 meters

Second level

Bedroom 4: 3.46 x 2.39 meters
Kitchen: 3.83 x 2.73 meters
Bedroom 2: 3.43 x 3.04 meters
Bedroom 3: 3.08 x 1.96 meters

Basement

Bedroom 5: 4.42 x 2.52 meters
Laundry room: 2.39 x 2.33 meters

Features

Appliances: Washer, Water meter, Dryer, Microwave, Two stoves, Window Coverings, Water Heater, Two Refrigerators
Flooring: Carpeted, 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

57d

Brampton (Downtown Brampton) listings, avg age

107d

Price / ft²

$538

List price

$700K

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 5-bed single family in Brampton (Downtown Brampton) has been listed for 57 days, which is 50 days fresher than the city average of 107. Act while there is still low competition.

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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE · BRIAN MCLEOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6X)

This home lists at $699,900, about 6.0× the local median household income of $116,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $116,000
Population: 76,113
Median age: 35.6
Owner / renter: 79% / 21%
Avg. household size: 3.6

Source: Statistics Canada, 2021 Census (FSA L6X)

$699,900· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$438/mo

Total monthly$4,069

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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