67 Sutherland Avenue
Madoc, Brampton
$799,999
Attention first-time buyers and investors! Incredible cash-flow opportunity on a premium 70-ft lot with 7+ parking spots! This turnkey bungalow features a brand new legal second dwelling unit, making it the perfect mortgage helper or investment property. Bright modern kitchen with oak cabinetry, marble backsplash & skylight, spacious bedrooms with hardwood floors, brand new washroom, landscaped yard, and carport. Rare opportunity offering strong rental income potential, massive parking, and an unbeatable location close to schools, shopping, and transit.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,791 |
| Lot Size | 71.14 ft x 118.55 ft |
| mls© Number | W13139680 |
| Listed By | ROYAL CANADIAN REALTY |
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%
- $4,095
- Property tax
- $399
- Heat allowance
- $150
- Housing costs
- $4,644 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$143,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
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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