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New5 hours ago

50 Stephensen Court

Madoc, Brampton

$829,000

Detached|2-Storey
3 | 4 | 5
About this home

Immaculate detached home situated on a family-friendly court in a desirable neighbourhood, conveniently located close to Highway 410. This beautifully maintained home offers 3+1 bedrooms and two full washrooms on the second floor. The total living area is 2,207 sq. ft., including 1,441 sq. ft. above grade and 766 sq. ft. of basement area. The main floor features hardwood flooring in the living area, ceramic flooring, elegant crown moulding, upgraded baseboards, and pot lights. Hardwood flooring adds warmth to the bedrooms. Approximately $100,000 has been spent on renovations and improvements, including doors, windows, roof, aluminum siding, washroom upgrades, and a fridge in 2019, plus a washing machine in 2026. Enjoy the backyard, complete with a hot tub, an above-ground pool, and a sitting area-ideal for relaxing and entertaining. An exposed aggregate driveway enhances the home's curb appeal.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,079
Lot Size29.23 ft x 107 ft
mls© NumberW14127052
Listed ByRE/MAX GOLD REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,243
Property tax
$423
Heat allowance
$150
Housing costs
$4,816 / mo

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

Down payment20% · $165,800
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,489 / mo
Cash down
$165,800

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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