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Listed 1 month ago

128 Rutherford Road N

Madoc, Brampton

$849,900

Detached|Backsplit 3
3 | 3 | 4
About this home

LEGAL BASEMENT APARTMENT! Welcome to this exceptional residence in Brampton's highly sought-after Madoc community, where luxury, functionality, and income-generating potential come together seamlessly. Extensively renovated in 2024, this home has been transformed with meticulous attention to detail, quality craftsmanship, and premium finishes throughout.A true standout feature is the beautifully finished 2 Bedrooms legal basement apartment, offering a rare opportunity for substantial rental income or multi-generational living. Thoughtfully designed and fully compliant, it adds tremendous value, flexibility, and long-term investment appeal to the property.Inside, the home showcases a sophisticated blend of style and comfort, featuring engineered hardwood flooring, elegant pot lights throughout, stainless steel appliances, and a host of major mechanical upgrades including a new furnace, heat pump system, attic insulation, updated bay window, and doors. Every improvement was completed with a focus on quality, creating a truly turnkey living experience.The exterior has been equally enhanced with extensive concrete work surrounding the property, delivering both curb appeal and low-maintenance outdoor living. The private backyard provides an ideal setting for entertaining, family gatherings, or simply relaxing in your own outdoor retreat.Ideally situated just minutes from Highway 410 and close to schools, parks, shopping, transit, and everyday amenities, this is a rare opportunity to own a thoughtfully renovated home that combines luxury living, modern upgrades, and exceptional income-generating potential through its legal basement apartment.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,743
Lot Size50 ft x 120 ft
mls© NumberW13472550
Listed ByAVION REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,350
Property tax
$395
Heat allowance
$150
Housing costs
$4,895 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $169,980
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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