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Listed 5 months ago

38 Riverglen Street

Bram East, Brampton

$1,399,900

Detached|2-Storey
4 | 5 | 7
About this home

Welcome to this spacious 4+2 bedroom detached residence situated on a premium ravine lot in a highly sought-after neighbourhood. Offering six well-appointed washrooms, this home presents a fantastic opportunity for families, investors, or those looking to create their dream home in a desirable location. The thoughtfully designed main floor features separate living, dining, and family rooms, providing generous space for both everyday living and entertaining. A grand front entrance with an open-to-above design welcomes you with impressive ceiling height and natural light. The main floor is currently rented, and the property offers great potential with a little TLC to truly make it shine, making it an excellent opportunity to add your personal touch and increase value. Backing onto a serene ravine setting, the home provides privacy and beautiful natural surroundings. Complete with a double car garage and parking for up to seven vehicles, this property offers exceptional space, location, and opportunity

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$9,677
Lot Size39.27 ft x 100.27 ft
mls© NumberW12866340
Listed ByROYAL STAR REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$7,165
Property tax
$806
Heat allowance
$150
Housing costs
$8,122 / mo

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

Down payment20% · $279,980
25-yr amortization

Income needed

$250,000

gross annual household income

Payment at 4%
$5,891 / mo
Cash down
$279,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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