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Madoc Drive, Brampton, Ontario
Offer Date: FIRST COME FIRST SERVED
Closing Date: October 16th, 2025
*The Seller shall have the option to shorten the closing by up to 28 days provided notice is given by August 30th. The Seller shall also have the option to extend closing by up to 28 days provided notice is given by September 15th. *
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
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Full Cosmetic Renovation: Opportunity to update the entire home; consider salvaging the hardwood floors and main floor shower to reduce reno costs.
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In-Law Suite: Add an in-law suite in the basement to increase rental income and overall property value.
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Junk Removal: House has significant clutter; budget for full junk and furniture removal likely needed after closing.
Property Overview
- Raised Bungalow with siding exterior
- Beds: 2 upstairs (originally 3 per MPAC; 2 combined into large master), 2 in basement
- Baths: 1 full on main floor, 1 powder in basement
- 869 sqft above ground + 846 sqft below ground
- Full height finished basement
- 49.03 ft x 105.38 ft Lot Size
- Built in 1971
- Well maintained house – no smoke or pet smell.
Mechanical & Systems
- Electrical: Breaker – copper and aluminum wiring according to seller
- Furnace: Owned, installed in 2005. Good condition and routinely serviced (per seller)
- Central A/C changed in 2008 owned
- Hot water tank: Rental, Seller unsure of age, HWT to be assumed by buyer
- Appliances included: fridge, stove, dishwasher, washer and dryer—all in as-is condition
Roof & Exterior
- Roof 4 years old (per seller)
- Vinyl windows installed before 2011 (per seller)
- Bathroom window replaced in 2017
- No Garage
- 2 Sheds in the backyard
- Front of the house landscaping has been well maintained.
- 1 crack in the interlock bricks on the front steps
Lot & Location
- Property taxes approx. $4,284
- 2 minute drive to HWY 410
- 7 minute drive to HWY 407
- 12 minute drive to Brampton GO Station
Important Notes
- Upstairs bathroom had new bath fitter and tile put in within the past 5 years.
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Rental opportunity.
- Wholesale Price: $649,999 or Best Offer
- We believe that this property is worth $720,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $875,000 on the MLS.
- Purchase today for $70K BELOW MARKET VALUE
Comparable Analysis |
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- 96 Seaborn Road Sold in May 2025 for $712,000. This raised bungalow sits on a similar 50 x 100 ft lot and offers a similar footprint, listed between 700 and 1,100 square feet. Similar to the subject property, it was originally a 3 bedroom layout that was converted into 2 bedrooms. This comparable also has a finished basement, however it lacks the 2 additional below grade bedrooms and half bathroom that the subject property has. While the subject property is in good condition, this comparable has been slightly better maintained. Based on the condition and layout differences, and after adjusting for the subject property’s as-is presentation, we estimate its market value to be around $720,000.
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- 19 Pennywood Road sold in April 2025 for $730,000. Situated on a larger 61 x 122 ft lot, the home has a footprint of approximately 700 to 1,100 square feet—comparable in size to the subject property. It features a 3+2-bedroom, 2-bathroom layout, offering one additional above-grade bedroom. Although the home has been well cared for, it is significantly more dated in appearance compared to the subject. Like the subject property, it includes a finished basement; however, it also benefits from a separate entrance to the basement, which the subject does not have. Taking these factors into account, we estimate that the subject property would be valued at approximately $720,000 once adjusted appropriately.
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- 16 Kenilworth Road sold in April for $895,000 after just 13 days on the market. Although the lot is slightly smaller at 50 x 100 ft, the property features a footprint of approximately 700 to 1,100 square feet, per the listing—similar in size to the subject. The layout includes 3 bedrooms and 2 full bathrooms, offering one additional above-grade bedroom and 2 full bathrooms compared to the subject properties 1.5 bathrooms. It also has a shared driveway, in contrast to the subject’s private driveway. Notably, the home includes a basement apartment with its own entrance. In addition, this comparable comes with mixed brick and siding and has been fully renovated and well maintained. Given the upgraded condition, we estimate that once renovated and appropriately adjusted, the subject property could achieve a market value of at least $875,000.
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