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New9 hours ago

131 Ecclestone Drive

Brampton West, Brampton

$1

Detached|2-Storey
3 | 4 | 4
About this home

A Rare Turnkey Opportunity for Homeowners and Investors Alike! Beautifully maintained and upgraded detached home featuring 3 spacious bedrooms, 4 bathrooms, and a professionally finished Legal 2-Bedroom Basement Apartment with Separate Entrance and Registered Permit issued by the City of Brampton. Perfect for first-time buyers looking to offset their mortgage or savvy investors seeking strong cash-flow potential. The legal basement suite offers an estimated rental income of $1,800-$2,000 monthly, creating an excellent opportunity for supplemental income. Current basement tenants are professionals who are quiet, respectful, and have a strong history of on-time rent payments. They are willing to stay and can vacate for new owner occupancy when needed. Main floor features a spacious layout with upgraded kitchen, quartz countertops, stainless steel appliances, breakfast area with walk-out to backyard, and quality finishes throughout. The home is ideal for large families, multi-generational living, or anyone seeking a mortgage helper. Located in a highly desirable family-friendly neighborhood just minutes to Walmart, FORTINOS, Service Canada, Passport Canada, Dollarama, schools, parks, transit, and major shopping amenities. Easy access to highways and all essential services. Why rent when you can own and have tenants help pay your mortgage? Don't miss this exceptional income-generating property in one of Brampton's most convenient locations!

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,690
Lot Size29.53 ft x 100.7 ft
mls© NumberW14119306
Listed ByINITIA REAL ESTATE (ONTARIO) LTD

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$0
Property tax
$474
Heat allowance
$150
Housing costs
$624 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $0
25-yr amortization

Income needed

$19,000

gross annual household income

Payment at 4%
$0 / mo
Cash down
$0

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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