8351 Mclaughlin Road 428, Brampton

$330,000
8351 Mclaughlin Road 428

$330,000

New
8d
Condo ApartmentApartment

8351 Mclaughlin Road 428, Brampton

Total Monthly Obligation $2,435

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
8d
Score
20
Yield
7.8%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-W14082108
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,137 (2026)
Maintenance-$726.02/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-JN REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Brampton South
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 428 in the heart of Brampton South. This bright 1-bedroom condo offers 642 sq. ft. of practical living space with a desirable south-facing exposure that fills the home with natural light throughout the day. The functional layout includes a comfortable living area, separate dining space, carpeted bedroom, and a storage locker for added convenience. Recent laminate flooring updates completed in 2025 provide a fresh look throughout the main living areas. Residents enjoy an excellent selection of amenities including an indoor pool, library, hobby room, games room, billiards room, community laundry facilities, and a car wash station. The building's common areas are well maintained and create a welcoming atmosphere for residents and visitors alike. Located steps from Sheridan College, public transit, shopping, and major commuter routes, this home is also minutes from downtown Brampton, the GO Station, Gage Park, Garden Square, restaurants, cafés, and local shops. The building is situated alongside Fletcher's Creek Park, offering easy access to walking and cycling trails. An affordable opportunity for first-time buyers, downsizers, commuters, or investors seeking convenient condo living in an established neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$264,000
Land Transfer Taxes$3,425
Legal Fees (Est.)
$
Total cash required for closing$70,925

Total Monthly Obligation

$2,435/mo
Mortgage $1,331
Monthly Loss $2,085
Principal$350
Interest$981
Property Tax$178
Condo Fees$726
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.2%30
10-Year IRR
10.3%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,632/yr
NOI
$9,820/yr
Net Cash Flow
-$513/mo
Cash Margin
-24.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
31.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8351 Mclaughlin Road 428

Time

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Data last updated within the past 24 hours.