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New2 hours ago

5 Simmons Boulevard

Madoc, Brampton

$899,000

Link|Backsplit 5
3 | 4 | 2
About this home

Welcome to Beautiful fully renovated detached 5-level backsplit home situated on a desirable pie-shaped lot in a convenient location. This stunning home has been extensively renovated from top to bottom with modern finishes and quality upgrades throughout. The main floor features a bright and spacious open-concept layout, perfect for entertaining and family living, with brand-new hardwood flooring throughout the home .This special engineering Hardwood floor can not be scratched. The brand-new kitchen offers a modern design and comes complete with all-new appliances, providing both style and functionality. The upper level features two full bathrooms, offering exceptional convenience for families. The home also includes two separate laundry .The finished basement has a separate LEGAL BASEMENT/APARTMENT providing an excellent opportunity for additional rental income, extended family, or guests. All renovation and construction work on upper level and basement has been completed with legal City permits, offering peace of mind to the new owner. Close to all amenities , schools, shopping, parks, public transit, restaurants, and highway.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeLink
StyleBacksplit 5
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,619
Lot Size27.82 ft x 117.19 ft
mls© NumberW13772276
Listed ByRE/MAX PRESIDENT 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%
$4,601
Property tax
$468
Heat allowance
$150
Housing costs
$5,220 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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