116 Sutherland Avenue
Madoc, Brampton
$679,000
Fantastic Investment Opportunity! This spacious 4+1 bedroom, 3 bathroom home is full of potential for investors, renovators, or buyers looking to add their personal touch. Located in a highly desirable and convenient neighborhood, just steps to plaza, schools, and public transit. The property features a finished basement apartment with a separate entrance, offering excellent potential for rental income or multi-generational living. With its prime location and strong income potential, this property is a great opportunity to renovate, customize, and maximize value.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,478 |
| Lot Size | 35.27 ft x 106.16 ft |
| mls© Number | W13209280 |
| Listed By | REALTRIS 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%
- $3,475
- Property tax
- $373
- Heat allowance
- $150
- Housing costs
- $3,999 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,857 / mo
- Cash down
- $135,800
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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