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$610,000

3 Beds

2 Baths

1200 FEETSQ

QuickQuoteTM: $592K - $707K

Brampton ON, L6V 3H7

MLS® # 40703021

Property Information:

Here is your opportunity to own an afford townhome in Brampton! Great location, well maintained quiet complex; this 3 bedroom, 2 bathroom townhome has lots of potential you can make this your perfect home. Walkout to yard, garage entry to house in lower level finished basement. Close walking distance to lots of amenitites; (Etobicoke CreekTrail) trailway, Walmart, Schools, public transit, Go station, minutes to Hwy 410, Close To Hwy 407.Don't miss your chance, book a showing before it goes!

Inclusions: Dryer,Freezer,Garage Door Opener,Hot Water Tank Owned,Refrigerator,Stove,Washer,Window Coverings

Exclusions : Metal Bench In Garage

Building Features:

  • Floor Space: 1200 Square Feet

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1+1
  • Acres Range: < 0.5
  • Architectural Style: Two Story
  • Association Amenities: BBQs Permitted, Pool
  • Basement: Separate Entrance, Walk-Out Access, Full, Finished
  • Built in: 1975
  • Construction Materials: Aluminum Siding, Stucco
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide, Visitor Parking
  • Floor Space (approx): 1200 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Auto Garage Door Remote(s)
  • Laundry Features: In Basement
  • Lot Features: Urban, Highway Access, Public Transit, Schools, Shopping Nearby, Trails
  • Lot Frontage: 20.00 Feet
  • Parking Features: Attached Garage, Garage Door Opener
  • Pool Features: Outdoor Pool, Outdoor Pool
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: RM1 (A)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Rooms:

  • Dining Main Level 2.95 X 2.57
  • Living Main Level 5.31 X 3.58
  • Bathroom Main Level
  • Kitchen Main Level 2.95 X 2.95
  • Bedroom 2nd Level 4.06 X 2.57
  • Primary Bedroom 2nd Level 5.26 X 5.31
  • Bedroom 2nd Level 4.17 X 2.59
  • Bathroom 2nd Level
  • Recreation Room Other level :Lower 3.28 X 3.43

Courtesy of: Pine Tree Real Estate Brokerage Inc.

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Real Estate Investing Made Simple: See the RLP InvestorsEdge™ Proforma in Action

Potential Investment Performance

Cumulative ROI

91.0%

Cumulative Market Appreciation

$138,243

Net Operating Income in Year 5

$27,976

Cash on Cash Return in Year 5

-1.5%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$122,000
Mortgage Amount $488,000
Mortgage Payment
%
$2,532

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,823
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Total Operating Expenses $782
Net Operating Income $2,041
Debt Service
Mortgage Payment $2,532
Net Cash Flow -$490

Cap Rate

4.02%

Acquistion Costs

Down Payment $122,000
Land Transfer Tax $8,675
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $132,675

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $122,000 - - - - - - - - -
Closing Costs $10,675 - - - - - - - - -
Mortgage Paydown $7,592$7,957$8,340$8,741$9,161$9,601$10,062$10,546$11,053$11,584
Total $140,267$7,957$8,340$8,741$9,161$9,601$10,062$10,546$11,053$11,584
Cash Invested $140,267$148,225$156,565$165,306$174,467$184,069$194,132$204,678$215,732$227,317
Rental Cash Flows
Rent and other income $33,887$34,903$35,950$37,029$38,140$39,284$40,462$41,676$42,927$44,214
Operating Expenses -$9,389-$9,622-$9,862-$10,107-$10,359-$10,617-$10,882-$11,154-$11,433-$11,719
Mortgage Payment -$30,384-$30,384-$30,384-$30,384-$30,384-$30,384-$30,384-$30,384-$30,384-$30,384
Net Cash Flow -$5,886-$5,103-$4,295-$3,462-$2,603-$1,717-$803$138$1,109$2,111
Returns
Property Price Appreciation $25,437$26,497$27,602$28,753$29,952$31,201$32,502$33,858$35,270$36,740
Mortgage Paydown $7,592$7,957$8,340$8,741$9,161$9,601$10,062$10,546$11,053$11,584
Net Cash Flow -$5,886-$5,103-$4,295-$3,462-$2,603-$1,717-$803$138$1,109$2,111
Total Return $27,142$29,351$31,647$34,032$36,510$39,085$41,761$44,542$47,433$50,436
Cumulative Return $27,142$56,494$88,142$122,174$158,684$197,770$239,532$284,075$331,508$381,945
Investment Metrics
Cumulative ROI 19.4% 38.1% 56.3% 73.9% 91.0% 107.4% 123.4% 138.8% 153.7% 168.0%
Cash On Cash -4.2% -3.4% -2.7% -2.1% -1.5% -0.9% -0.4% 0.1% 0.5% 0.9%
QuickQuoteTM Powered by RPS

Location of 104-104 Baronwood Court, Brampton, ON, L6V 3H7

Demographic Information of 104-104 Baronwood Court, Brampton, ON, L6V 3H7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$111,886.61

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.62 %

High school certificate or equivalent

31.33 %

Apprenticeship trade certificate/diploma

4.33 %

College/non-university certificate

18.88 %

University certificate (below bachelor)

1.25 %

University Degree

22.59 %

Commuter

Travel To Work

By Car

86.37 %

By Public Transit

10.54 %

By Walking

1.05 %

By Bicycle

0.0 %

By Other Methods

2.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.69 %

Houses

73.31 %

Own Vs. Rent