Renovated Madoc bungalow with separate-entrance basement on 50 x 100 ft lot
Move-in-ready 3+1 bungalow in Brampton's Madoc neighbourhood with a separate-entrance finished basement, listed at $699,999. The layout supports a future secondary-suite strategy, though carrying costs require substantial equity to reach positive monthly cash flow.
Anatoli Chtcherbatov
Analyst · Sutton Group Admiral Realty
List price
$699,999
Cap rate
+2.82%
Est. monthly rent
$2,900
Source: comparables_widened
Est. net spread
+$160K
6mo hold
Annualized ROI
+45%
preliminary
The Deal
Move-in-ready 3+1 bungalow in Brampton's Madoc neighbourhood with a separate-entrance finished basement, listed at $699,999.
Fix-and-flip projection
The spread, before the buy-and-hold math.
Preliminary · adjust scope & uplift
Renovation scope
Projection
Preliminary estimate. Renovation costs use 6Yield default per-sqft figures. Post-renovation value is modeled as a multiple of list price — replace with comparable post-renovation sales for higher precision. Carrying costs include property tax, condo fees if any, and insurance; financing costs not yet modeled.
Section · Buy-and-hold backup
If you held instead. The carrying math, side by side.
Each column shows the actual monthly cash flow and cash-on-cash return at that leverage. Click a column for the full breakdown.
Acquisition
| Down payment | $245,000 |
| Mortgage principal | $454,999 |
| Land transfer tax | $10,500 |
| Closing costs | $10,500 |
| Total acquisition | $266,000 |
Monthly cash flow
| Estimated rent | +$2,900 |
| Operating expenses | -$1,252 |
| Mortgage payment | -$2,657 |
| Net cash flow | -$1,010/mo |
Expense breakdown
| Property tax | $0/mo |
| Vacancy allowance | $145/mo |
| Maintenance reserve | $583/mo |
| Insurance | $292/mo |
| Property management | $232/mo |
Math by deterministic Python calculator. Rate 4.99% over 25 years. Rent source: comparables_widened (68 comps).
Breakeven
This property turns cash-flow positive at 59.7% down.
Run your own scenario
Move the assumptions. See the math live.
Live result
All figures are estimates only and do not constitute financial advice. The sliders use the same math as the locked five-scenario calculator; only assumptions change. Total acquisition includes the down payment, land transfer tax ($10,500), and closing costs ($10,500).
Section · Investment Thesis
Why this property.
202 Archdekin Drive is a renovated detached bungalow on a 50 x 100 ft lot in Brampton's Madoc neighbourhood, listed at $699,999. The property offers 3+1 bedrooms, 2 full bathrooms, and a fully finished basement with a separate entrance, egress-window bedroom, wet bar, fireplace, and 3-piece bath, configuration that supports a future secondary-suite conversion subject to municipal approvals. Recent upgrades include roof (2015), triple-glazed main-floor windows (2015), driveway (2020), engineered hardwood and ceramic flooring, a circuit-breaker panel, and a heated garage.
On a single-tenancy basis using the estimated monthly rent of $2,899.50, projected operating economics produce an estimated annual NOI of $19,770.80 and an estimated cap rate of 2.82%. Leverage sensitivity is high. At 20% down, the estimated monthly mortgage payment is $3,270.44 and estimated monthly cash flow is negative $1,622.87 (cash-on-cash -12.10%). At 35% down, estimated monthly cash flow improves to negative $1,009.66 (-4.55%). At 50% down, estimated monthly cash flow is negative $396.46 (-1.28%). The property approaches breakeven only between 50% and 75% down.
The minimum recommended down payment for positive monthly carry is 75%, where estimated monthly cash flow turns positive at $625.55 and cash-on-cash reaches 1.37%. An all-cash purchase produces estimated monthly cash flow of $1,647.57 and a 2.74% cash-on-cash return, mirroring the unlevered cap rate. Investors targeting leveraged cash flow at current rates will find this property challenging without adding a legal secondary suite to lift gross rent meaningfully above the $34,794 annual estimate.
Suitability skews toward cash-heavy buyers, end-users who will owner-occupy and rent the basement, or value-add investors prepared to pursue a registered two-unit conversion. Hold period should be 60+ months to allow neighbourhood appreciation, amortization paydown, and rental upside from any suite legalization to compound. All figures are estimates and not guarantees.
Key features
- 3+1 bedrooms, 2 full bathrooms
- 50 x 100 ft lot
- Fully finished basement with separate entrance, egress window, wet bar, fireplace, and 3-piece bath
- Heated garage with full opening on both sides
- Parking for up to 6 vehicles
- Roof (2015), driveway (2020), triple-glazed main-floor windows (2015)
- Engineered hardwood and ceramic tile flooring on main level
- Minutes to Highway 410, Highway 407, and Brampton GO Station
Original MLS description
A Must-See! Beautifully renovated, move-in-ready detached bungalow situated on a big 50 x 100 ft lot with abundant indoor and outdoor space, located in the highly desirable Medoc neighborhood. This charming home offers (3+1) spacious bedrooms and 2 fully renovated bathrooms. The inviting main floor features a bright and spacious living room with two large windows, an upgraded eat-in kitchen with a separate dining area, and three generously sized bedrooms. All bedrooms are equipped with big custom IKEA PAX wardrobe closets and large windows, complemented by a renovated 4-piece bathroom. A separate entrance leads to a fully finished basement, offering excellent future potential. The basement includes a large bedroom with an egress window, a cozy and big open entertainment area with wet bar and a fireplace, renovated a 3-piece full bathroom, and a dedicated laundry room. The exterior boasts a huge driveway and garage (full opening on both sides), providing parking for up to 6 cars. Enjoy a well-maintained front and backyard, a ground-level wooden deck, and a large custom-built Log Storage Shed, perfect for outdoor living and storage. Ideally located within walking distance to schools, parks, transit, and places of worship, and just minutes from Highway 410, Highway 407, and the GO Station. A fantastic opportunity for first-time home buyers, investors, or those looking to upsize or downsize. Don't miss this incredible opportunity to own a beautiful home in a prime location! Extras & Upgrades- Roof - 2015, Engineered hardwood & ceramic tile flooring (main level), Pot Lights, Driveway - 2020, Main floor triple-glazed windows - 2015, Permitted- Circuit breaker electrical panel, Heated Garage (Can be operated By Phone) & Basement egress window. (42875055)
Section · Neighborhood
Where it sits.
Madoc
Madoc is an established residential pocket in north-central Brampton with a mature single-family housing stock and strong end-user demand from families. The listing notes walking distance to schools, parks, transit, and places of worship, with quick access to Highway 410, Highway 407, and the Brampton GO Station, supporting commuter rental demand toward Toronto and Pearson-area employment nodes.
Bungalows on 50-foot frontages with separate-entrance basements are a constrained subset of the Brampton inventory and historically attract both end-users and small investors pursuing two-unit conversions, subject to municipal registration.
Section · Risk
What could go wrong.
Honest framing of unknowns, assumptions, and downside scenarios.
High leverage sensitivity: estimated monthly cash flow is negative at 20%, 35%, and 50% down scenarios
Property does not reach positive monthly carry until 75% down based on current rent and rate assumptions
Property tax data shows $0 in the financial inputs; verify actual municipal tax bill before underwriting
Reported sqft of 65 in the data feed is clearly a data entry error; verify actual interior square footage on site
Basement secondary-suite income potential requires municipal registration and compliance with Brampton's two-unit dwelling bylaws; not guaranteed
Estimated rent is based on comparables; actual achievable rent may vary