The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
3 Bedroom Legal Basement Welcome to 144 Abell Drive, located in Brampton's highly desirable Madoc community! This bright and spacious 5-level semi-detached backsplit is a fantastic opportunity for first-time home buyers and investors alike. Featuring two self-contained units, each offering 3 bedrooms, this home provides excellent income potential with a legal basement apartment ideal for living in one unit while renting out the other to offset mortgage costs. The upper unit offers a spacious family-sized kitchen, large living and dining areas, plus a walkout balcony. The lower legal unit features a cozy living area, generous space throughout, and a walkout to the fullyfenced backyard. Recent upgrades include 3 full washrooms, fully renovated bathrooms, Upper floor flooring for family and dining area , fresh paint, and modern finishes throughout the home. Designed for both privacy and convenience, this property includes 3 separate entrances and separate laundry foreach unit. Situated on a 36 x 100 ft lot in a family-friendly neighbourhood, you're just minutes from parks, schools, shopping,community amenities, and convenient access to Highway 410 for easy commuting. *Extensive renovations and improvements have been completed, including: New kitchen and cupboards, New porch flooring, New flooring throughout the rooms, Fresh paint, Renovated washrooms, Updated stairs, New pot lights and other light fixtures, Other additional upgrades and improvements.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,540/mo
Mortgage (principal + interest)$3,105
Property taxFrom listing: $5,223/yr$435
Minimum $58,000 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$166,000
Ontario land transfer taxProvincial brackets, no first-time refund$13,075
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$181,875
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brampton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
