61 Kingknoll Drive, Brampton, ON

$799,999
MLS#:W9347348
6 beds
4 baths
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Fletcher's Creek South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Premium 34 x 112 ft lot size
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Meter
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This outstanding property offers a lucrative investment opportunity in a highly sought-after location, just a 2-minute walk from Sheridan College. With 3 separate entrances, it is ideally suited for generating substantial rental income, currently yielding $5700 per month.Features:Income Potential: $5700/month in rental incomeAccessibility: Just 2 minutes on foot to Sheridan CollegeConvenience: Walking distance to a variety of amenities including Indian groceries, Tim Hortons, Wendys, Rexall, No Frills, Pizza Pizza, Subway, and moreNearby: 10-minute walk to Shoppers World for additional shopping and servicesOwner Financing: Owner is willing to offer a Vendor Take-Back (VTB) mortgage to facilitate your purchaseThis property not only provides immediate cash flow but also positions you in a vibrant, accessible neighbourhood with abundant services and amenities. Don't miss out on this prime investment opportunity!

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 25, 2024
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size34 × 112 Feet
CountyPeel
Annual Tax$5,000
Legal DescriptionDETACHED

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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61 Kingknoll Drive, Brampton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 61 Kingknoll Drive, Brampton, ON L6Y 3G6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$639,999.2
Monthly Mortgage$3,719
Property Tax (Est.)$417
Utilities & Maint.$350
Total Monthly Cost$4,486

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Brampton.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Fletchers Creek South, Brampton.

Verified Local Data
City Population656,480
City Median Age35.8 Yrs
City Ownership76% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
14%
Families with children
58%
Couples without children
20%
Other households
8%

Top Ethnic Origins

Indian42%
Canadian10%
English6%
Jamaican5%

Local Schools Guide

Elementary Schools

St Joachim
Public435 Rutherford Road North, Brampton, Ontario, L6V 3V9
4.8
Carrefour des Jeunes
Public375 Centre Street North, Brampton, Ontario, L6V 4N4
7.8
St Marguerite Bourgeoys
Public550 North Park Drive, Brampton, Ontario, L6S 4J8
5.8
Father C W Sullivan
Public62 Seaborn Road, Bramalea, Brampton, Ontario, L6V 2C1
7.7
St Agnes
Public103 Richvale Drive South, Brampton, Ontario, L6Z 4G6
5.3

Secondary Schools

Notre Dame
Public2 Notre Dame Avenue, Brampton, Ontario, L6Z 4L5
6.8
Harold M. Brathwaite
Public415 Great Lakes Drive, Brampton, Ontario, L6R 2Z4
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied76%
Rented24%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.