$1,200,000

For sale

8 Riverbank Road, Brampton (Sandringham-Wellington) - Single Family for Sale

8 Riverbank Road, Brampton (Sandringham-Wellington), Ontario, L6R2H6

6 beds5 baths8 parking2,750 ft²57 × 110 ft (6,264 sq ft) lot sizeListed 50 days ago

Overview

This 6-bedroom, 5-bathroom home in Brampton is for sale offering roughly 2,750 sq ft of space. It has been on the market 50 days, fresher than the Brampton average of 57 days.

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Description

Welcome to this beautifully maintained 4-bedroom home in a sought-after Brampton neighborhood, Offered for sale for First time! lovingly cared for and thoughtfully upgraded by the original owners. 2 Living rooms, formal dining room and separate family room with 2 way fireplace, a bright Den with skylights. Enjoy approximately 400 sq. ft. of permitted main-floor addition, bringing the home to over 2,900 sqft. Finished basement features 2 additional bedrooms, a spacious combined living and dining area, kitchen, 2 baths(1 full and 1 powder room) and another that can be used a bedroom or office, Sauna and separate entrance through the garage. Ideally located minutes from Hwy 410, Trinity Common Mall, schools, parks, transit, shopping, and places of worship. A wonderful opportunity for families seeking space, comfort, and convenience! (id:66096)

Property Details

MLS®: W13789744
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Half Baths: 2
Parking: 8
Interior Size: 2,750 ft²
Lot Size: 57 × 110 ft (6,264 sq ft)
Frontage: 57 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 3.69 x 3.35 meters
Dining room: 4.15 x 3.35 meters
Family room: 5.15 x 3.35 meters
Eating area: 3.35 x 3.35 meters
Kitchen: 3.35 x 3.35 meters
Den: 4.57 x 3.35 meters
Recreational, Games room: 3.93 x 3.35 meters

Second level

Bedroom 4: 3.66 x 3.35 meters
Primary Bedroom: 5.97 x 3.35 meters
Bedroom 2: 3.96 x 3.96 meters

Features

Appliances: Refrigerator, Water softener, Sauna, Dishwasher, Stove, Window Coverings, Garage door opener remote(s), Water Heater
Flooring: Hardwood, Laminate, Ceramic
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Sauna

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Brampton (Sandringham-Wellington) listings, avg age

57d

Price / ft²

$436

List price

$1.20M

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 6-bed single family in Brampton (Sandringham-Wellington) has been listed for 50 days, which is 7 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · TARUN JASSI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6R)

This home lists at $1,200,000, about 10.3× the local median household income of $116,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $116,000
Population: 93,783
Median age: 34.8
Owner / renter: 86% / 14%
Avg. household size: 4

Source: Statistics Canada, 2021 Census (FSA L6R)

$1,200,000· $436/ft²

For sale

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Full Cost Breakdown

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Down Payment7.92% · $95,000

Min 7.92%50%

Mortgage payment$6,126/mo

↳ CMHC premium ($44,200 capitalized)

Property tax (est.)$689/mo

Total monthly$6,816

Cash Needed to Close

Down payment (7.92%)$95,000

Land transfer tax$20,475

Est. closing costs$6,100

Total cash needed$121,575

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