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Listed 5 months ago

39 Seaborn Road

Madoc, Brampton

$840,000

Semi-Detached |Bungalow
3 | 2 | 4
About this home

Welcome to 39 Seaborn Road! This 3-bedroom bungalow sits on a 30x100ft lot and offers a practical layout for both families and investors. The property's primary investment value lies in the newly finished, legal 2-bedroom basement apartment. This fully compliant unit features a separate entrance and its own laundry, providing an immediate opportunity for rental income to offset mortgage costs. The main floor features an updated kitchen with quartz countertops and updated flooring throughout. The living room includes a large front window, and three well-proportioned bedrooms provide a functional living space.The home features several major mechanical updates for long-term reliability:New Roof (2019)New Furnace (2022)New A/CThe exterior includes a fenced backyard and a driveway with parking for 3 vehicles. The location is highly central, offering walking-distance access to public transit, top-rated schools, and Bramalea City Centre. It is also conveniently close to the Hwy 410 interchange and local medical facilities.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,800
Lot Size30 ft x 100 ft
mls© NumberW12870464
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

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  • 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%
$4,300
Property tax
$400
Heat allowance
$150
Housing costs
$4,850 / mo

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

Down payment20% · $168,000
25-yr amortization

Income needed

$149,000

gross annual household income

Payment at 4%
$3,535 / mo
Cash down
$168,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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