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New2 hours ago

15 West Street

Downtown Brampton, Brampton

$499,999

Detached|1 1/2 Storey
3 | 1 | 4
About this home

Rare Brampton redevelopment opportunity on an impressive 56 x 138 ft lot! Whether you're looking to build, renovate, invest or create your own custom home, 15 West Street offers an exceptional opportunity in the Downtown Brampton Community. Situated on a generous lot with R2B(1) zoning, this property presents exciting possibilities for investors, builders and buyers looking for land with future potential. The existing 1.5 storey home offers a starting point for those looking to renovate or reimagine the space, featuring 3 bedrooms, 1 bathroom and 9 foot ceilings on the main level. The main floor includes two bedrooms, a combined living/dining room, eat-in kitchen and convenient main-floor laundry just off the kitchen. A rear porch provides direct access from the kitchen to the fully fenced backyard. The upper level features a spacious bedroom, while the unfinished basement offers an old stone foundation and additional storage/workshop potential. The property includes a detached garage at the rear, two parking spaces in front of the garage and one additional parking space along the side of the home. With the garage and existing configuration, there is also potential to reimagine the rear portion of the property to complement a future renovation or redevelopment plan. The property is also adjacent to a municipally owned laneway, adding to the unique character and accessibility. Renovate and create a unique family home, explore an income producing multi-unit concept, or investigate redevelopment opportunities.Bring your vision, your plans and your imagination. Properties offering this combination of lot size, location and potential are increasingly difficult to find.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$5,289
Lot Size56 ft x 138.5 ft
mls© NumberW13833810
Listed ByROYAL LEPAGE MEADOWTOWNE REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$2,559
Property tax
$441
Heat allowance
$150
Housing costs
$3,150 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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