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32 MADISON STREET, Brampton (Central Park) — listed at $649,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare Opportunity To Own A 3-Unit Semi-Detached Home, With Each Unit Featuring Its Own Separate Entrance. The Upper Level Offers 3 Bedrooms, 1.5 Bathrooms, A Spacious Living Area With Balcony Walkout, And A Well-Designed Kitchen And Dining Area. The Main Level Features 2 Bedrooms, 1 Bathroom, A Bright Living Space And Separate Kitchen, While The 2-Bedroom Basement Suite Offers The Added Benefit Of A Walkout.Situated On A Large Pie-Shaped Ravine Lot, This Home Offers An Expansive Backyard With A Peaceful Natural Setting And A Small Water Stream Visible From The Property. With 8-Car Parking, Generous Living Space, And A Unique Layout, This Property Offers Both Lifestyle And Income Potential.Currently Generating $6000/Month + Utilities, This Is An Excellent Opportunity For First-Time Buyers To Live In One Unit While Generating Rental Income From The Others, Or For Investors Seeking A Multi-Unit Property. Rarely Does A Property Offer This Combination Of Space, Income, Parking, And Ravine Living. Please See The Attached Brochures For Additional Details. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Upper Level | 7.4 x 3.85 meters |
| Bedroom 2 | Basement | — |
| Living room | Basement | — |
| Kitchen | Upper Level | 5.5 x 3.85 meters |
| Primary Bedroom | Upper Level | 3.8 x 2.85 meters |
| Bedroom 2 | Upper Level | 2.9 x 2.85 meters |
| Bedroom 3 | Upper Level | 2.75 x 2.75 meters |
| Living room | Main level | 3.2 x 3.35 meters |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Basement | — |
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Brampton (Central Park) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,967, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 32 MADISON STREET a good fit for a growing family?+
With 7 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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