$1,199,900 - 23 Madrid Crescent, Brampton
Single Family Home for Sale in Brampton
32 days on market- MLS Number
- W12724322
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 8
- Bathrooms
- 4
- Square Feet
- 2,500 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- Royal Lepage Real Estate Associates
Discover this fabulous detached home located in a highly sought-after Brampton neighbourhood, offering exceptional space, privacy, and versatility-perfect for growing families, multi-generational living, or income potential. The main level features a spacious and functional layout with an updated kitchen, a large family room ideal for entertaining, an oversized living area perfect for large gatherings, and a separate dining room conveniently located adjacent to the kitchen. The primary bedroom includes a generous closet and a private 3 piece ensuite, while all additional bedrooms are well-sized and thoughtfully laid out. The finished lower level offers three bedrooms, one full bathroom, a large kitchen, and a spacious living area, making it ideal as an in-law suite or rental income opportunity. The space doesn't end indoors. Step outside to a private front courtyard, or the resort-style backyard featuring a huge pool, hot tub, and mature trees that provide exceptional privacy-perfect for relaxing or entertaining year-round. This home presents tremendous opportunity in a prime location and is not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Brampton
Brampton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Brampton
- •Convenient location in Brampton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Brampton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
23 Madrid Crescent, Brampton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Competitive Pricing
At $480/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Brampton.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Brampton Value
Brampton offers more space for your dollar compared to Mississauga or Toronto. The city has invested heavily in infrastructure including the Züm rapid transit. Consider proximity to highways (410, 407) for commuting. The community is diverse and vibrant, with excellent South Asian cuisine and cultural events.
Investment Perspective
Looking at this as an investment: Brampton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.