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New6 days ago

52 Fallway Road E

Madoc, Brampton

$839,000

Semi-Detached |Backsplit 5
4 | 3 | 3
About this home

Attention ! Buyers and Investors ! 5 Level Back-Split Home With A Legal Basement. Positive CASHFLOW. 4 Bedroom + 3 Bathrooms + 2 Kitchens + Family Room. Modern Cabinets, Designer Backsplash& Pot Lights, Hardwood Floor On Main Living/Den, Pot Lights With Crown Moulding. Full Roof Repair 2020, Full Attic Insulation-2020, Located Close To Schools, Parks, Steps To Bus Stop, Close To Hwy 410.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,041
Lot Size30 ft x 100 ft
mls© NumberW13782466
Listed ByURBAN REALTY POINT

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%
$4,294
Property tax
$503
Heat allowance
$150
Housing costs
$4,948 / mo

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

Down payment20% · $167,800
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,531 / mo
Cash down
$167,800

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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