$1,458,000

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8555 Heritage Road, Brampton (Bram West) - Single Family for Sale

8555 Heritage Road, Brampton (Bram West), Ontario, L6Y0E4

2 beds1 bath6 parking1,750 ft²100 × 219 ft (21,930 sq ft) lot sizeListed 69 days ago

Overview

This 2-bedroom, 1-bathroom home in Brampton is for sale offering roughly 1,750 sq ft of space.

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Description

ZONED A1 RESIDENTIAL/ FARM/LAND/2 ACRE, 8555 HERITAGE RD, BRAMPTON - RARE INVESTMENT OPPORTUNITY! A ONCE-IN-A-LIFETIME CHANCE TO OWN HALF AN ACRE A1 /RESIDENTIAL ZONED PROPERTY ON THE BORDER OF BRAMPTON AND MISSISSAUGA! THIS INCREDIBLE HALF-ACRE LOT OFFERS ENDLESS POTENTIAL FOR INVESTORS, DEVELOPERS, OR PROFESSIONALS SEEKING A PRIME LOCATION. THE PROPERTY FEATURES A 2 BEDROOM BUNGALOW THAT NEEDS SOME UPDATING, BUT KEY IMPROVEMENTS ARE ALREADY COMPLETE, INCLUDING A NEWER ROOF, FURNACE, AND WINDOWS. SURROUNDED BY MAJOR DEVELOPMENTS, CLOSE TO TRAFALGAR OUTLET MALL, PARKS, SCHOOLS, AND JUST MINUTES TO HIGHWAYS 401, 407, AND 410, THIS LOCATION OFFERS UNMATCHED EXPOSURE AND ACCESSIBILITY-PERFECT FOR A DOCTORS OFFICE, DENTAL CLINIC, OR HOME-BASED BUSINESS. RARE HALF ACRE LOT. COMMERCIAL/RESIDENTIAL ZONING, NEWER ROOF, FURNACE & WINDOWS IDEAL FOR MEDICAL/PROFESSIONAL USE. HIGH-GROWTH AREA - BORDER OF MISSISSAUGA & BRAMPTON? MINUTES TO HWYS, SHOPPINGF AND AMENITIES. DONT MISS THIS EXCEPTIONAL OPPORTUNITY TO INVEST IN ONE OF THE GTA'S MOST STRATEGIC LOCATIONS. UNLOCK THE POTENTIAL OF 8555 HERITAGE RD TODAY! (id:66096)

Property Details

MLS®: W13720568
Property Type: Single Family
Zoning: A1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 100 × 219 ft (21,930 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.99 x 2.83 meters
Dining room: 3.99 x 5.91 meters
Kitchen: 3.72 x 2.83 meters
Eating area: 3.72 x 2.83 meters
Family room: 5.67 x 3.54 meters
Primary Bedroom: 3.08 x 3.63 meters
Bedroom 2: 3.63 x 2.96 meters
Workshop: 3.99 x 2.83 meters
Recreational, Games room: 5.67 x 3.54 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Concrete, Laminate, Ceramic
Foundation: Concrete
Exterior: Aluminum siding

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

69d

Brampton (Bram West) listings, avg age

49d

Price / ft²

$833

List price

$1.46M

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 2-bed single family in Brampton (Bram West) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SUTTON GROUP - SUMMIT REALTY INC. · MOONEY FERRIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6Y)

This home lists at $1,458,000, about 13.8× the local median household income of $106,000.

Carrying it typically needs a household income of about $284,798 (20% down, 25-yr amortization, stress-tested) — roughly 169% 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)

$1,458,000· $833/ft²

For sale

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Full Cost Breakdown

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Down Payment8.29% · $120,800

Min 8.29%50%

Mortgage payment$7,414/mo

↳ CMHC premium ($53,488 capitalized)

Property tax (est.)$418/mo

Total monthly$7,832

Cash Needed to Close

Down payment (8.29%)$120,800

Land transfer tax$25,635

Est. closing costs$6,874

Total cash needed$153,309

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8555 Heritage Road, Brampton (Bram West) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6Y)

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Full Cost Breakdown