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Listed 29 days ago

30 Reigate Avenue

Madoc, Brampton

$799,000

Detached|Bungalow
3 | 2 | 4
About this home

Exceptional Opportunity In One Of Brampton's Most Desirable Neighbourhoods! This Detached Bungalow Offers Incredible Versatility With A Legal Basement Apartment, Making It An Ideal Choice For Investors, Multi-Generational Families, Or Buyers Looking To Offset Their Mortgage With Rental Income. The Main Level Features A Functional Layout With 3 Spacious Bedrooms, A Bright Living And Dining Area, And A Well-Appointed Kitchen. The Fully Self-Contained Legal Basement Apartment Features A Separate Entrance, 2 Bedrooms, An Open-Concept Living Area, A Full Kitchen, A Full Bathroom, And Its Own Private Backyard Area, Providing Excellent Privacy And Outdoor Enjoyment. The Mature Tree-Lined Backyard Adds To The Home's Appeal, Offering A Peaceful Setting For Relaxation. Situated On A Generous Lot In A Highly Sought-After Location Close To Downtown Brampton, Bramalea City Centre, Shopping, Schools, Parks, Public Transit, Major Highways, And All Essential Amenities. Whether You're Searching For A Turnkey Investment, Flexible Multi-Family Living, Or A Property With Long-Term Growth Potential, This Home Offers Exceptional Value And Endless Possibilities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,959
Lot Size50 ft x 100 ft
mls© NumberW13535608
Listed ByGFA REALTY LTD.

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%
$4,090
Property tax
$413
Heat allowance
$150
Housing costs
$4,653 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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