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Investment signal

$1,249,900

9438 WELLINGTON RD 42 ROAD

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Erin. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Raised bungalow with finished walk out basement offer over 2300 sq ft above ground living space. Discover this beautifully maintained raised bungalow set on a generous countryside lot just under an acre, offering over 2,000 sq. ft. of finished living space in a peaceful rural and private setting. This home features 3 spacious bedrooms and 2 bathrooms, including a semi-ensuite off the primary bedroom for added comfort and convenience. The open-concept layout creates a bright, airy feel, with natural light flowing throughout both levels. Over $50,000 in recent upgrades add significant value, including a new heat pump, a RainSoft water filtration system, interior and exterior pot lights, and a durable fiberglass roof on the shed. A finished 2-car garage provides flexible space for parking, storage, or a workshop. The separate entrance to the lower level offers excellent potential for an in-law suite or rental income. A charming bridge leads to a private backyard retreat featuring a cozy fire pit-perfect for relaxing evenings or entertaining guests. With nearly an acre of land, there's plenty of room for outdoor activities, gardening, or simply enjoying the peaceful surroundings. Conveniently located near Georgetown, Brampton, and Mississauga, with easy access to Trafalgar Road and just 20 minutes to Highways 401 and 407, this home offers the perfect balance of rural tranquility and urban accessibility. With low utility costs, modern upgrades, and move-in-ready appeal, this property is an ideal blend of comfort, space, and country charm. (id:65958)

Subtype: Single Family
Structure: House
Community: Rural Erin
Common interest: Freehold
Lot dimensions: 125 x 282.4 FT
Bedrooms: 3 above grade
Parking: 6 total
Stories: 2
Fireplace: Yes
On market: Apr 20, 2026
Status changed: Apr 23, 2026
Annual tax: $5,455.63
Zoning: Residential
Photos: 48
MLS#: X13017874
Area: ERIN

Features and systems

Parking

Attached GarageGarage

Basement

FinishedSeparate entranceWalk outN/AN/A

Appliances

RefrigeratorDishwasherRangeOvenMicrowaveOven - Built-InWindow CoveringsGarage door opener remote(s)

Heating

Other

Exterior

Brick

Flooring

LaminateCarpeted

Foundation

Unknown

Utilities

ElectricityCableElectricity Connected

Negative cash flow ~$1,344/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.45%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,665

Financing

Down payment$249,980

Loan amount$999,920

Mortgage$5,066/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$573

Insurance$80

Maintenance$1,042

CapEx reserve$521

Vacancy loss$313

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,066/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.