16 Wellington Street, Brampton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Downtown Brampton. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 61.5 x 118 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter, Sump Pump, Water Heater Owned
- Efficient radiant heating via gas
Description
Downtown Brampton, Two Unit Dwelling, Registered With The City Of Brampton. Great Opportunity For Investors, And Multi-Generational Families. Both Units Are Currently Tenanted And Have Separate Entrances. This Detached Century Home Has Total Parking For 4 Cars Which Includes A Single Car Garage. Separate Hydro Meters And Separate Electrical Breaker Panels. Lower Level Tenants Pay $2000 A Month Plus Hydro And Upper Unit Tenant Pays $1587 A Month Utilities Included. Landlord Pays Water, Gas And Upstairs Hydro. Tenants Are On Month To Month And Would Like To Stay. Buyer To Assume Tenants. Roof Replaced (2021) Skylight (2024) New Gas Meter (2024).This Home Is In A Prime Location Close To All Amenities. Walking Distance To Gage Park, Go Station, And Local Shops And Restaurants. Excellent Investment Opportunity.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Interior Features
Separate Hydro Meter, Sump Pump, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 16 Wellington Street E, Brampton, ON L6W 1Y2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brampton, ON
For a property listed at $799,900 in Brampton, the legal minimum down payment is $54,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,473 for this transaction. As this listing is in Brampton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.
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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.