Brampton Entry-Level Gem: Turnkey Bungalow with Rental Potential Under $700K

Brampton Entry-Level Gem: Turnkey Bungalow with Rental Potential Under $700K

Location:

Brampton Ontario, Canada

Bungalow Price:

$699K

Handover:

Flexible

This isn’t just a house; it’s the backdrop for your family’s next chapter. Featuring a functional 3-bedroom layout and three full bathrooms, this gem offers the perfect balance of style and practicality. The heart of the home is the open-concept living area and kitchen, which walks out directly to a private, fully fenced yard and a beautiful BBQ deck.

The Potential:

  • Income Potential: The finished basement provides immediate opportunities for a rental suite or a private multi-generational living space.
  • Location Stability: Proximity to top schools and major transit ensures strong resale value and consistent demand.
  • Turnkey Value: Recent renovations mean no immediate capital layout is required, allowing for instant equity growth in a high-demand area.

Bungalow Specifics:

  • Acre: 34.5 x 110 Feet
  • Apx Sqft: <700
  • Rooms: 6 +1 
  • Bedrooms: 3
  • Washrooms: 3
  • Kitchen: 1
  • Basement: Finished
  • A/C: Central Air
  • Inclusions: All Appliances Fridge, Stove & Dishwasher. All Window Coverings, All ELF’s, A/C unit 2016, Furnace 2016, Roof is 2023, Outdoor Furniture set as is, Shed in Yard.

Why This Deal Stands Out:

This deal stands out because it offers a rare move-in-ready semi-detached at an accessible price point, combining high-demand features like a finished basement and private deck. Its “logical” value is secured by a prime location near top schools and major highways, ensuring both immediate utility and long-term price stability.

 

Considerations:

Canadian property prices have been declining over the past few years. Given current geopolitical uncertainties, slowing GDP growth, weak population growth, rising unemployment, and persistent food inflation, a meaningful recovery in Canadian real estate may still be several years away.

In our view, the most effective strategy is to invest with a long-term horizon while prioritizing assets that generate strong and sustainable yields

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