28 Royal Salisbury Way, Brampton, ON
Madoc, Brampton · MLS® W13801340
About this home
In short
- Location Location Location.
- 2 Bedroom Legal Walk Out Basement, Amazing Opportunity For First Time Home Buyers Looking To Supplement Income Through Rental Potential & Investors Seeking A Property...
- Conveniently Located Near Highway 410, Public Transit, Schools, And Shopping Malls, This Property Sits In A High-Demand Rental Area With Excellent Accessibility, A...
- Live In One Unit And Rent The Other Or Add A Solid Asset To Your Portfolio, A Must-See Opportunity-Book Your Showing Today, Buyer Can Get Vacant Possession or...
Location Location Location!! 2 Bedroom Legal Walk Out Basement, Amazing Opportunity For First Time Home Buyers Looking To Supplement Income Through Rental Potential & Investors Seeking A Property With Strong Cash Flow Prospect To Own 3 Bedroom Semi Detached Raised Bungalow With 2 Bedroom Legal Walk Out Basement With Occupancy Permit In One Of The Demanding Neighborhood Of Madoc In Brampton, This Semi Detached Bungalow Offer Combined Living/Dining Room With W/O To Good Size Balcony To Entertain Gathering, Kitchen With S/S Appliances/Quartz Counter/Backsplash/Centre Island, Primary Bedroom With Good Size Closet & Window & Other 2 Good Size Room With Closet & Windows, Full Bathroom On Main & Laundry, The Legal 2 Basement Offer Living Room Combined With Kitchen & 2 Good Size Bedroom With 3 Pc Bath & Separate Laundry & With Two Separate Basement Entrances (Front And Back) For Added Convenience. This House Has a Huge Backyard to Entertain Big Gathering, Parking Is A Major Advantage With Three Driveway Spaces Plus One Garage Parking. Conveniently Located Near Highway 410, Public Transit, Schools, And Shopping Malls, This Property Sits In A High-Demand Rental Area With Excellent Accessibility, A Turnkey Investment With Immediate Rental Income, Strong Upside, And Long-Term Appreciation Potential. Live In One Unit And Rent The Other Or Add A Solid Asset To Your Portfolio, A Must-See Opportunity-Book Your Showing Today, Buyer Can Get Vacant Possession or Assuming Tenant Is Optional.
Key facts
- Property type
- Semi-Detached, Bungalow-Raised
- MLS®
- W13801340
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 30 × 100.01 ft
- Cross streets
- Rutherford / Williams Parkway
- Parking
- 1 garage · 4 parking (attached)
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,115 / 2025
- Days on market
- 2
- Listing brokerage
- NEWGEN REALTY EXPERTS
Rooms
laminate · closet · window
laminate · closet · window
laminate · combined w/living
laminate · backsplash · centre island
laminate · combined w/kitchen · window
laminate · combined w/living · w/o to balcony
laminate · closet · window
laminate · combined w/living · open concept
laminate · closet · w/o to garden
laminate · closet · window
Listed at $889,000. Recent sales of homes like it put this one around $706K, so the ask is about 26% above what similar homes have sold for.
If it sells at this ask, expect about $876K, typically $854K to $885K: 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).
Total price vs nearby homes. Fair value about $706K, learned from recent GTA sales.
The market behind the math:
About 2.9 months of inventory: 23 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.
Price per square foot: this home lists at $684/sqft against an area asking average of $545/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Madoc: 11 of the 90 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Brampton.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $778K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal
This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.
There were not many closely comparable homes right in Madoc, so I widened the search to the surrounding area.
Based on 7 homes sold on this street over the past two years, from 150 closings in Madoc.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $706K, which is where my estimate comes from.
Per square foot, these ask about $516/sqft; this home lists at $684/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Madoc, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $711,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,893
- Property tax
- $426
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,319
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,255
- Estimated closing costs
- $14,255
Plus your down payment of $177,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $233,576
- Principal paid down
- $87,935
- Interest paid
- $145,641
- Balance remaining
- $623,265
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.
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
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 numbersThe last 5 whole-home leases in Madoc signed at a median of $2,383 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,633. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEWGEN REALTY EXPERTS. MLS®/PropTx.