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Listed 4 months ago

26 Royal Salisbury Way

Madoc, Brampton

$749,888

Semi-Detached |Bungalow-Raised
3 | 2 | 5
About this home

LEGAL Semi-Detached Bungalow Registered With The City Of Brampton! Attention Investors, Multi-Generational Families, And First-Time Buyers This Is An Incredible Opportunity To Own A Fully Legal Two-Unit Home Offering Exceptional Value, Flexibility, And Income Potential. This Carpet-Free Property Features Two Self-Contained Units With Existing Tenants Already In Place, Providing Immediate Rental Income And A True Turn-Key Investment Opportunity. Whether You're Looking To Expand Your Portfolio, Live In One Unit While Offsetting Your Mortgage, Or Secure A Smart Long-Term Investment, This Property Checks Every Box. Ideally Located In A Highly Desirable Family-Friendly Neighbourhood Close To Schools, Parks, Shopping, Transit, And All Major Amenities. Rarely Offered And A Must-See Property In One Of Brampton's Most Convenient Locations. Book Your Private Showing Today!

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,175
Lot Size30 ft x 100.09 ft
mls© NumberW13088156
Listed ByROYAL LEPAGE PREMIUM ONE 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%
$3,838
Property tax
$431
Heat allowance
$150
Housing costs
$4,420 / mo

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

Down payment20% · $149,978
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,978

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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