60 Chipwood Crescent, Brampton, ON

Madoc, Brampton · MLS® W13559684

$718,000
For Sale
Listed 69 days agoNo offer date statedSitting longer than typical
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4Bedrooms
2Bathrooms
3Parking
1100-1500Sq ft

About this home

In short

  • 4 bedroom, 2 bath semi-detached in Madoc on a premium pie-shaped lot that opens up to 58 feet across the back, tucked on a quiet crescent where homes rarely come up.
  • The finished basement adds real flexibility.
  • Open concept rec room with pot lights, laminate flooring and laundry, plus a separate side entrance with direct access to the basement level.
  • Downtown Brampton, Gage Park, the farmers' market and the GO station are minutes away, with Highway 410 close by for the commute.

4 bedroom, 2 bath semi-detached in Madoc on a premium pie-shaped lot that opens up to 58 feet across the back, tucked on a quiet crescent where homes rarely come up. The main floor gets great light through the picture window in the combined living and dining room, and the long, updated eat-in kitchen delivers quartz counters, upgraded cabinetry with a pantry, stainless steel appliances and a walk-out to a large patio overlooking the private, tree-lined yard. Upstairs, all four bedrooms have classic parquet floors and closets. The finished basement adds real flexibility. Open concept rec room with pot lights, laminate flooring and laundry, plus a separate side entrance with direct access to the basement level. Move-in ready as a rec space today, with the layout and access already in place for a buyer looking to explore a future in-law suite or rental potential down the road. The location backs it all up. Century Gardens Rec Centre, schools and parks are all within walking distance. Downtown Brampton, Gage Park, the farmers' market and the GO station are minutes away, with Highway 410 close by for the commute. A family home on an established street, with room to grow into.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13559684
Bedrooms
4
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
27.56 × 107.33 ft
Cross streets
Rutherford Rd/Vodden St
Parking
3 parking
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,478 / 2025
Days on market
69
Listing brokerage
EXECUTIVE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 3Second2.43 × 2.00 m

parquet · b/i closet

RecreationBasement5.48 × 4.51 m

pot lights · open concept · side door

Bedroom 4Second2.74 × 2.36 m

parquet · closet

Primary BedroomSecond3.65 × 2.77 m

parquet · large closet

Bedroom 2Second3.47 × 3.01 m

parquet · closet

KitchenMain5.60 × 2.43 m

updated · stainless steel appl · quartz counter

Living RoomMain3.35 × 3.22 m

laminate · picture window

Dining RoomMain3.35 × 3.23 m

laminate · combined w/living

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$624Kautomated estimate, from recent sales

Listed at $718,000. Recent sales of homes like it put this one around $624K, so the ask is about 15% above what similar homes have sold for.

If it sells at this ask, expect about $707K, typically $690K to $714K: that is where homes here have closed against their asks in the last 90 days (24 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

Longer on the market than typical. 69 days on the market against about 25 for homes like it here, and asking 15% above where comparable closings put it.

List price
$585KBelow recent closings$718KAbove recent closings

Total price vs nearby homes. Fair value about $624K, learned from recent GTA sales.

The market behind the math:

24sold nearby · 90 days
$800Kmedian sold price
99%of asking, on average
+3%prices vs a year ago
~18 dayshomes like this take to sell
69days on market so far
$2,462/moest. rent · 36 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 7 semi-detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $552/sqft against an area asking average of $573/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $692K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($552/sqft) is in line with the area, so you are paying for extra space rather than a premium.

This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.

Based on 6 homes sold on this street over the past two years, from 150 closings in Madoc.

Neighbourhood & location

Madoc, Brampton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brampton North
$705K
Brampton West
$734K
Northgate
$660K
Southgate
$748K
Sandringham-Wellington
$834K

Typical asking price of active listings of the same type, per area (outliers removed). Brampton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,272/mo
$140KIncome needed
5.1×Price ÷ income
$755Weekly cost
$10,835Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $3,272Property tax $373Total carry $3,646

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,144per month

Mortgage amount $574,400 · 4.39% over 25 years

$143,600Down payment (20.0%)
$574,400Loan before insurance
$0CMHC premium
$3,517Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,144
Property tax
$373
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,517

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,835
Estimated closing costs
$10,835

Plus your down payment of $143,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,809/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$368,835Total interest paid
$943,235Total of all payments
Principal $574,400 Interest $368,835
YearPrincipalInterestBalance
1$12,998$24,731$561,402
2$13,575$24,155$547,827
3$14,177$23,552$533,650
4$14,807$22,923$518,843
5$15,464$22,266$503,380
6$16,150$21,579$487,230
7$16,867$20,863$470,363
8$17,615$20,114$452,748
9$18,397$19,332$434,351
10$19,214$18,516$415,137
11$20,066$17,663$395,071
12$20,957$16,772$374,114
13$21,887$15,842$352,227
14$22,858$14,871$329,368
15$23,873$13,856$305,495
16$24,932$12,797$280,563
17$26,039$11,690$254,524
18$27,195$10,535$227,329
19$28,402$9,328$198,928
20$29,662$8,067$169,266
21$30,979$6,751$138,287
22$32,353$5,376$105,934
23$33,789$3,940$72,144
24$35,289$2,440$36,855
25$36,855$874$0

At the end of your 5-year term

Total paid over the term
$188,647
Principal paid down
$71,020
Interest paid
$117,627
Balance remaining
$503,380

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 36 whole-home leases in Madoc$2,462/mo
$29,544Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,210 to $2,692Typical rent range
~43 daysTo find a tenant, on average

The suite is real income here: basements rent in Madoc (11 of 90 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 36 whole-home leases in Madoc signed at a median of $2,516 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,462. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.1%
Gross yield
− Property tax $4,478− Insurance $1,400− Vacancy & upkeep $3,250Net operating income $20,416

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXECUTIVE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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