The Double-Income Winner: Renovated Bungalow with In-Law Suite for Sale in Brampton

The Double-Income Winner: Renovated Bungalow with In-Law Suite for Sale in Brampton

Location:

Brampton Ontario, Canada

Bungalow Price:

$738K

Handover:

30-59 days

Maximize your investment with this turnkey 3-bathroom property featuring a separate entrance to a self-contained basement suite. With significant CAPEX already covered (New Furnace/AC/Windows), this home offers immediate rental readiness. Situated on a premium pie-shaped lot in a high-demand commuter hub, it perfectly blends suburban comfort with high-growth potential.

The Potential:

  • Dual-Income or Mortgage-Helper Ready: The self-contained in-law suite with a separate entrance, kitchen, and bathroom provides immediate potential for secondary rental income or multi-generational living without the need for additional renovation.
  • Minimal Short-Term CAPEX: With high-ticket mechanicals already replaced—including the furnace, A/C, windows, and roof—owners are protected from major maintenance costs for years, allowing for maximum capital preservation.
  • Premium Lot Appreciation: The “pie-shaped” lot offers a significantly larger backyard footprint than standard rectangular lots. This extra outdoor space is a high-demand commodity that drives faster appreciation and provides room for a future garden suite or premium outdoor kitchen.

Bungalow Specifics:

  • Acre: 28.21 x 149.17 Feet
  • Apx Sqft: 1100-1500
  • Rooms: 6 + 1
  • Bedrooms: 3 + 1
  • Washrooms: 3
  • Kitchen: 2
  • Basement: Finished
  • A/C: Central Air

Why This Deal Stands Out:

This deal stands out for its high-income versatility, featuring a fully renovated interior with luxury vaulted ceilings and a self-contained in-law suite with a separate entrance. Combined with an oversized pie-shaped lot and brand-new mechanicals (Furnace/AC), it offers rare turnkey value for both families and savvy investors.

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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