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7 CANDY CRESCENT, Brampton (Northwood Park), Ontario

$899,000

8 bed · 5 bath

MLS® W14135718

Detached, All Brick, 6 Bedroom + 2 Bedroom** Legal Basement Apt With Sep Entrance steps To All Schools ( Ukg To 12 Grades), Garage convert into a Apartment Upgraded Roof And Furnace **Just Move In Condition** Well Maintained Family Home **Near Bus Stop, Plaza, David Suzuki School Etc**Property Features & Rental Income Information. A legal basement apartment, a rooftop solar panel system, and multiple income-generating living spaces. The property offers five bedrooms, each currently rented at $610 per month, and one additional bedroom rented at $850 per month. The separate garage apartment generates rental income of $1,250 per month. The legal basement apartment was previously rented for $1,500 per month; however, it is currently occupied by the owner's son and is not generating rental income. Solar System: The rooftop solar system has an original 20-year term, with approximately 10 years remaining. Buyers are encouraged to verify the solar agreement and any associated obligations. Rental Income Details: Five bedrooms: $610/month each ($3,050 total)One additional bedroom: $850/month Garage apartment: $1,250/month Basement apartment: Previously rented for $1,500/month; currently occupied by the owner's son. Total Current Monthly Rental Income: $5,150, excluding the basement apartment. The property offers attractive rental income potential with multiple accommodations and a rooftop solar system. (id:56426)

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Listed by RE/MAX PRESIDENT REALTY

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
90,042
Median household income
$98,774
Median home value
$774,702
Owner-occupied
69%
Homes for sale
414
Median list price
$759,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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