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Madoc, Brampton
$599,000
Welcome to this spacious 5 Level Backsplit located in one of central Brampton's most established neighbourhoods with easy access to schools, parks, shopping, transit. Excellent Opportunity Well Maintained Home With Hardwood Foors Access To The Garage Above Grade Family Room Walkout To Deck & Beautiful Garden Finished Basement & Much More
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,031 |
| Lot Size | 30 ft x 100 ft |
| mls© Number | W14084198 |
| Listed By | RE/MAX REALTY SERVICES INC. |
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%
- $3,066
- Property tax
- $419
- Heat allowance
- $150
- Housing costs
- $3,635 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$112,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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