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1 / 45
New3 hours ago

10 Major Oaks Drive

Madoc, Brampton

$735,000

Semi-Detached |Bungalow-Raised
3 | 2 | 4
About this home

Attention Buyers & Investors! Discover this semi-detached raised bungalow in a prime, highly sought-after Brampton location. Perfect for multi-generational families or those looking to offset their mortgage with an income stream, this property offers incredible opportunity. The spacious main level welcomes you with an open, sun-filled layout featuring three bedrooms and one full bathroom. Walkout self contained second dwelling registered with the City of Brampton complete with its own private bathroom and independent living space. Laundry is centrally located in the garage, offering perfect, hassle-free shared or private access for both levels without infringing on anyone's living area. The legal status of the basement is a massive advantage for financing: major Canadian lenders will recognize the rental income from a registered suite, allowing you to use it to boost qualification. Enjoy capital upgrades already completed: all windows replaced (2021), roof shingles replaced (2022), and central AC replaced (2024). Nestled in a prime location just minutes from Highway 410, schools, local parks, and walking trails. Flexible closing available. Great opportunity to own a cash-flowing asset in a commuter-friendly neighbourhood.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,151
Lot Size30 ft x 100 ft
mls© NumberW14105492
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$3,762
Property tax
$429
Heat allowance
$150
Housing costs
$4,341 / mo

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

Down payment20% · $147,000
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,093 / mo
Cash down
$147,000

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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