8 Governor Grove Cres

Brampton | Brampton South | L6Y 1A6
  • 4 + 2
  • 3
  • 0

$1,199,900

Est. Mtg $4,068 /mo
  • Days on market

    34

  • Status

    New

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Since listed: 0 views

Home details

MLS #:

W9297233

Property type:
Detached
Style:
Backsplit 4
Taxes:
$6,184
Possession:
TBA
Lot Front:
56.0   Feet
Lot Depth:
110.0   Feet
Basement:
Apartment | Sep Entrance
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


8 Governor Grove Cres, , Brampton, Ontario is a Detached property in Brampton and in the Brampton South community in the L6Y 1A6 postal code


An opportunity presents itself to acquire a detached house with significant income potential. This spacious property includes a double car garage and a legal two bedroom basement apartment, located on a tranquil street in the Brampton South neighborhood. The house sits on a 56 x 110 feet lot, within walking distance to Downtown Brampton, Algoma University, Brampton Innovation District, Go station, Shoppers World plaza, Brampton Gateway Terminal, bus stops, grocery stores. Short drive to Sheridan College Brampton Campus. Currently, the house is fully rented out. The house is clean and well kept by the tenants. The upper level consists of 4 bedrooms and 2 bathrooms, while the basement features 2 bedrooms and 1 bathroom and unfinished crawling space. Upstairs and basement have their own separate washers and dryers. As per seller, there is possibility of converting lower level part of the house (family room area) into second legal apartment unit. Many options. The property can be fully rented out, or the new owner can reside on the upper level while renting out the basement to offset the mortgage..

Extras

The house is 1904 sq.ft above grade (as per MPAC) and 1139 sq.ft below grade.This includes legal basement and unfinished crawling space that can be used for storage(As per engineering drawing). Basement was done in 2022.Roof was done 2017..


History

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List Date End Date List Price End Price Status MLS #
2024-07 2024-09 $1,299,900 $1,299,900 Ter W9190442
2024-09 2024-09 $1,199,900 $1,199,900 New W9297233

Comparables

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sold Date Address List Price sold Price DOM
2024-07 33 Greystone Cres, $949,900 $910,000 8
2024-06 40 Alderway Ave, $999,000 $975,000 43
2024-03 48 Greystone Cres, $999,900 $1,080,000 4
2023-06 49 Ridgehill Dr, $1,369,000 $1,322,500 3
2022-05 23 Parkend Ave, $1,050,000 $1,250,000 7
2022-02 44 Elgin Dr, $1,150,000 $1,523,000 6
2022-01 65 Ridgehill Dr, $1,739,900 $1,800,000 2
2022-01 315 Mill St S, $1,050,000 $1,360,000 4
2021-06 8 Keewatin Gate, $929,000 $899,900 41
2020-10 75 Elgin Dr, $849,000 $805,000 19
2019-10 50 Greystone Cres, $838,900 $830,000 15
2019-10 21 Parkend Ave, $749,900 $708,000 48
2019-08 22 Trotters Lane, $719,900 $680,000 3
2019-07 50 Greystone Cres, $687,000 $665,000 24
2019-06 79 Elgin Dr, $699,000 $685,000 75

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Brampton :

Properties sold

318

Average sale price

$1,307,542

New Listings

876

Year on Year Growth

0.79%

Municipality activity All Property Types

Sale activity

Brampton :

Average sale price

$1,113,948

Properties sold

604

New Listings

1,517

Days on Market

13

Sale $ / List $

103%

Year on Year Growth

0.14%


Sale Chart - Detached

Brampton Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 8 Governor Grove Cres

Based on available 3rd party data

$4718

Approximate costs per month

Mortgage
$4068 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$515 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Data Source: TRREB

Payment calculator

$4583 monthly. In association with: TD Bank
%
  • Principal and Interest
    4068 /mo
  • Property Taxes
    $515 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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