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Home ON Greater Toronto Area Peel Region Brampton Madoc
75 ABELL Drive
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$875,000
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75 ABELL Drive
Peel, Ontario L6V2W2

MLS® Number: 40503139
3 + 1
Bedrooms
3
Bathrooms
2466
Square Feet

Listing Description

*$4958.85 plus utilities total Monthly Rent* The upper-level unit commands a monthly rent of $2,203.75, with tenants responsible for 45% of the utilities. Meanwhile, the basement unit generates an impressive $2,755.10 in rent, with tenants covering 55% of the utilities. This rental income potential ensures a robust return on investment. This property is equipped with two separate, fully functional living spaces. The upper level features a generous 3-bedroom apartment, complete with its laundry facilities. Simultaneously, the basement provides another living space, featuring 3 bedrooms, 2 bathrooms, and a separate laundry area. Dual rental income from these units is a significant advantage. For savvy investors, this property is a golden opportunity to maximize returns. For first-time buyers, this property offers an ideal homeownership opportunity, with numerous features to fall in love with: Prime Location, Spacious Living Areas, Income Potential, Privacy and Independence, Affordability This versatile 5-level back split with a registered basement apartment, dual income streams, legal rental status, spacious living areas, and a separate entrance is a remarkable find for both investors and first-time buyers. (44994574)

Location Description

William Parkway/Kennedy Rd

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
2466 sqft
Subdivision Name
BRMD - Madoc
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$4,489.82
Parking Type
Attached Garage
Time on REALTOR.ca
957 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Brick
Style
Semi-detached
Rental Equipment
Water Heater
Total Units
0
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Attached Garage
Total Parking Spaces
3

Measurements

Square Footage
2466 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
4pc Bathroom
Second level
Primary Bedroom
Bedroom
Bedroom
4pc Bathroom
Basement
Kitchen
4pc Bathroom
Lower level
Family room
Bedroom

Land

Lot Features
Frontage
30 ft
Land Depth
100 ft
Other Property Information
Zoning Description
Res
Data provided by: Cornerstone - Mississauga

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