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New3 hours ago

226 Rutherford Road N

Madoc, Brampton

$774,900

Detached|Bungalow-Raised
3 | 2 | 6
About this home

Great Opportunity in the Desirable Madoc Community! Welcome to this beautifully maintained 4-bedroom, 2-bathroom raised bungalow situated on a huge 50 x 120 ft lot, offering plenty of space and excellent future potential. The main level features a bright and spacious living room, eat-in kitchen with a separate dining area, 3 generously sized bedrooms, and a full bathroom. All bedrooms feature large windows and closets, providing plenty of natural light and storage. The finished basement with a separate entrance through the garage offers additional living space, including a bedroom and full bathroom, making it ideal for an extended family, in-law setup, or future rental income potential. The home offers great possibilities for future customization, with the option to incorporate part or all of the garage into future plans, subject to applicable approvals. Outside, enjoy a beautifully maintained front and backyard with a large deck, perfect for summer BBQs, entertaining, and family gatherings. The property also features a double-car garage and a large driveway with parking for up to 4 vehicles. The City plows snow from the walkway for added convenience. Ideally located close to schools, public transit, Century Gardens Recreation Centre, Bramalea City Centre, parks, shopping, and just minutes from Highway 410.A solid, well-maintained home with a large lot, great layout, and tremendous future potential. Don't miss this opportunity to make it your new home!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,223
Lot Size50 ft x 120 ft
mls© NumberW13717462
Listed ByRE/MAX PARAMOUNT REALTY

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%
$3,966
Property tax
$435
Heat allowance
$150
Housing costs
$4,552 / mo

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

Down payment20% · $154,980
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$154,980

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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