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Listed 17 days ago

14 Madrid Crescent

Central Park, Brampton

$1,350,000

Detached|2-Storey
5 | 4 | 8
About this home

Welcome to this well-maintained executive family home offering 3,096 sq ft above grade plus a spacious finished basement with approximately 1,500 sq ft of additional space, situated on a quiet crescent in one of Brampton's most established and sought-after neighbourhoods. Lovingly cared for by the same family for many years, this residence offers generous living space, functionality and exceptional backyard enjoyment. The home features five generously sized second-floor bedrooms, multiple formal and informal living areas, and a versatile layout ideal for growing and multi-generational families. The bright eat-in kitchen and dining area overlook the front yard, while the formal living and dining rooms provide elegant spaces for entertaining. One upstairs bedroom is currently used as a home office. A main-floor laundry room with side-yard access adds convenience. The finished basement features a spacious recreation area with built-in wet bar, a separate room set up as a study/workspace with potential for use as a bedroom, home office or hobby space, plus a workshop, cold room, utility area and ample storage. Step outside to a private backyard retreat featuring an inground pool with newly installed liner (11-year warranty), upgraded pump and motor, expansive patio, gazebo, mature landscaping, automatic irrigation system, and permit-approved covered side and rear outdoor areas for sheltered year-round enjoyment. A live monitored security camera system with smartphone viewing is complemented by solar lighting at the front/main entrance, driveway, side entrance and backyard entrance. Recent upgrades include a heat pump AC system, new on-demand tankless water heater (rental), upgraded basement and garage flooring, garage door opener and exterior refresh. Ideally located near parks, schools, shopping, transit, Brampton Civic Hospital and major routes, this is a rare opportunity to own one of the larger homes in the highly desirable Central Park community.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$9,511
Lot Size36.34 ft x 114.71 ft
mls© NumberW13678524
Listed ByHOMELIFE NEW WORLD REALTY INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$6,910
Property tax
$793
Heat allowance
$150
Housing costs
$7,852 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$242,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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