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New6 days ago

52 Madoc Drive

Madoc, Brampton

$695,000

Detached|Backsplit 3
3 | 2 | 4
About this home

Well-maintained detached 3-level backsplit in Brampton's Madoc community, cared for by the same owner for 29 years. This 3-bedroom, 2-bathroom home offers 1,237 sq. ft. of above-grade living space across a functional 3-level layout, plus a finished basement with a separate side entrance for added flexibility. Recent updates include the furnace and A/C (2013) and a new roof (2021); the tankless water heater is owned, with no rental equipment on the property. Ideally located close to Bramalea City Centre, Shoppers World, Century Gardens Recreation Centre, and several neighbourhood parks including Lakelands Village Park and Seaborn Park. Nearby shopping plaza along Kennedy Road and the Queen Street commercial corridor, with schools and Brampton Transit routes close by. A solid, well-kept home in an established Brampton neighbourhood.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,671
Lot Size53.52 ft x 110.38 ft
mls© NumberW13616766
Listed ByRE/MAX GOLD REALTY INC.

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,557
Property tax
$389
Heat allowance
$150
Housing costs
$4,097 / mo

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

Down payment20% · $139,000
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,925 / mo
Cash down
$139,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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