$709,000 - 46 Reigate Avenue, Brampton
Detached for Sale in Brampton
Neighbourhood: Madoc
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- MLS Number
- W13788424
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Brampton
- Taxes (2025)
- $4,899
- Listing Brokerage
- ROYAL LEPAGE MEADOWTOWNE REALTY
Welcome to 46 Reigate Avenue in the Madoc neighbourhood of Brampton.This raised bungalow sits on a generous 50 by 100- foot lot and offersd over 2,000 square feet of total living space across two finished levels.With 3 plus 2 bedrooms, 1 plus 1 kitchen, and 2 full washrooms, this home is set up for rental income or extended family living. The main floor features an open concept layout with a modern kitchen including quartz countertops, soft closing cabinets, and ample pantry storage. The bright living and dining areas flow together, making the space feel open and inviting. Pot lights throughout add a clean modern touch. The primary bedroom includes a built-in closet, and the remaining 2 bedrooms are geneorusly sized. A 4-piece bethroom completes the main level. The fully finished basement is where the real opportunity lives. It includes 2 bedrooms, a sitting area, a separate kitchen,a 3-piece bathroom, and its own private side entrance. This layout is ready for rental income from day one. Outside you will find a fully fenced backyard with an inground pool, BBQ area, and a large driveway. The home is located near the intersection of Queen & Rutherford, close to top rated schools including Gordon Graydon Sr. P.S., H.F. Loughin Public School, and Father C.W. Sullivan School. Century Gardens Rec Centre, Bramalea City Centre, and Centennial Mall are all nearby. Quick access to Highways 401, 401, & 410, with Pearson Airport just 20 minutes away. Property being sold 'as is, where is' with no representations or warranties. For thr right buyer or investor,t this is a chance to add serious value in one of Brampton's most established neighbourhoods. Some pictures for main floor are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$3,637.54/mo
Includes CMHC insurance ($19,781)
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 Madoc
Madoc 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 Madoc
- •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
Madoc 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.
46 Reigate Avenue, 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 30+ years of GTA real estate experience
Fair Market Value
At $1013/sqft, this property is priced in line with current Brampton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 22 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.
Detached Home Advantages
Detached homes in Brampton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 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.
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.