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$899,000
Brampton
7 Candy Crescent, Brampton (Northwood Park), Ontario, L6X3T8
This 8-bedroom, 5-bathroom home in Brampton is for sale offering roughly 2,250 sq ft of space. Listed at $899,000, it is attractively priced about 7% below the $970,000 median asking price in Brampton. It has been on the market 4 days, fresher than the Brampton average of 47 days.
Detached, All Brick, 6 Bedroom + 2 Bedroom** Legal Basement Apt With Sep Entrance steps To All Schools ( Ukg To 12 Grades), Garage convert into a Apartment Upgraded Roof And Furnace **Just Move In Condition** Well Maintained Family Home **Near Bus Stop, Plaza, David Suzuki School Etc**Property Features & Rental Income Information. A legal basement apartment, a rooftop solar panel system, and multiple income-generating living spaces. The property offers five bedrooms, each currently rented at $610 per month, and one additional bedroom rented at $850 per month. The separate garage apartment generates rental income of $1,250 per month. The legal basement apartment was previously rented for $1,500 per month; however, it is currently occupied by the owner's son and is not generating rental income. Solar System: The rooftop solar system has an original 20-year term, with approximately 10 years remaining. Buyers are encouraged to verify the solar agreement and any associated obligations. Rental Income Details: Five bedrooms: $610/month each ($3,050 total)One additional bedroom: $850/month Garage apartment: $1,250/month Basement apartment: Previously rented for $1,500/month; currently occupied by the owner's son. Total Current Monthly Rental Income: $5,150, excluding the basement apartment. The property offers attractive rental income potential with multiple accommodations and a rooftop solar system. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 4 days on market, against an average age of 47 days across the listings currently for sale in this city
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.
This 8-bed single family in Brampton (Northwood Park) has been listed for 4 days, which is 43 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,000, about 7.8× the local median household income of $116,000.
Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6X)
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Loading rates, 30-yr amortization
Cash Needed to Close
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