88 Olde Town Road
Fletcher's Creek Village / Brampton, ON L6X 4X9
About This Property
**Licensed Legal Basement with 2 Income-Generating Basements Suites. Welcome to this meticulously maintained detached home, situated on a premium 40.03 x 108.53 ft lot in the highly sought-after Fletcher's Creek South neighborhood of Brampton. This spacious residence offers 4+3 bedrooms and 5 bathrooms, including a fully legal 2-bedroom basement apartment currently tenanted for $1,650/month, along with an additional basement suite featuring a full washroom which was previously tenanted for $1,100/month. A fantastic opportunity for strong rental income.The home boasts excellent curb appeal with a large front porch and professionally landscaped front and backyard. Step inside to a bright and inviting main floor showcasing gleaming hardwood floors, porcelain tiles from entry through the kitchen, freshly painted walls, and elegant wainscoting that adds a refined, executive touch.At the heart of the home is a modern, upgraded kitchen (2023) featuring stainless steel appliances, quartz countertops and backsplash, and a spacious central island-perfect for entertaining. The functional layout includes a spacious living room, separate dining area, large family room, dedicated office/computer space, and a convenient main-floor laundry room. This is a carpet-free home throughout. Key Upgrades & Features: 200 Amp electrical panel, 2 new laundry units, Pot lights throughout main floor, Upgraded double-door entry, Legal basement (2022)Roof (2018)AC (2020), Landscaping (2022),Owned water heater (2024). This property is more than just a home-it's a smart investment opportunity, with the potential to generate approximately $2,750/month in rental income from basement units. Ideally located in a family-friendly community close to Mount Pleasant GO Station, shopping, and dining including FreshCo and McDonald's. Walking distance to a plaza featuring SabziMandi, Asian food centre, Lullaboo Day Care, School. Close to schools, parks, and with easy access to major highways 401, 407, and 403.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® W13537966
Listed by ROYAL CANADIAN REALTY
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Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$6,343
/month · $1,039,200 mortgage
Amortization
Total Interest
$863,756
Total Cost
$1,902,956
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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