42 Madrid Cres

FOR SALE
$1,269,000
42 Madrid Cres, Brampton
42 Madrid Cres
42 Madrid Cres
42 Madrid Cres
42 Madrid Cres
42 Madrid Cres
42 Madrid Cres
42 Madrid Cres
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42 Madrid Cres
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42 Madrid Cres
42 Madrid Cres
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
W9370289
MLSID
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Property Description
WELCOME TO THE PICTURESQUE PERFECT FAMILY HOME, NESTLED IN THE HIGHLY SOUGHT AFTER "M" SECTION OF BRAMPTON. THIS GEM BOASTS A PREMIUM PRIVATE LOT W/NO NEIGHBOURS BEHIND, SURROUNDED BY A MATURE NEIGHBOURHOOD THAT EXCUDES TRUE PRIDE OF OWNERSHIP. IMAGINE SPENDING YOUR SUMMERS LOUNGING BY THE POOL, GARDENING AND ENTERTAINING FRIENDS AND FAMILY IN A STUNNING BACKYARD DESIGNED FOR AL FRESCO DINING W/A CONVENIENT WALKOUT FROM THE FAMILY ROOM/KITCHEN WITH NEARLY 3,000 SQ. FT OF TOTAL LIVING SPACE. THIS HOME PROVIDES AMPLE ROOM FOR EVERY FAMILY MEMBER. Upstairs, you'll find four spacious bedrooms and two full 4-piece bathrooms, providing comfort and privacy for all. The main floor is a masterpiece of design, featuring an open concept living space anchored by a chefs kitchen with granite countertops, stainless steel appliances, and pot lights. The engineered hardwood floors flow seamlessly throughout, leading to a sun-drenched dining room overlooking the pool. The bonus family room is a cozy retreat with a stone gas fireplace and a walkout to the deck. Additionally, a stunning designer laundry room with garage access and a stylish powder room complete this level.The lower level offers a super functional layout perfect for entertaining or accommodating in-laws. It includes a massive bedroom with a double closet, a spacious 4-piece bathroom, and a beautiful kitchenette equipped with a sink, island, bar fridge, and ample storage. With a bonus storage room that can easily be transformed into a second bedroom if needed, making it an incredibly versatile space.Located in one of Brampton's most desired neighbourhoods, this home is just steps away from parks, Professors Lake, conservation areas, the hospital, transit, and all essential amenities. Discover the charm and convenience of this exceptional property and why it stands out in Bramptons real estate landscape. Your dream home awaits!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-21 2024-06-29 8 $1,269,000 $1,249,999 Sold
2024-06-21 2024-06-29 8 $1,269,000 $1,249,999 Sold
2019-05-24 2019-05-31 7 $909,000 $909,000 Sold
Extras
FULLY RENOVATED (2016), NEWER POOL HEATER, PUMP & LINER
Property Features
Cul De Sac, Fenced Yard, Grnbelt/Conserv, Park, School, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
50' x 120'
Fronting
East
Taxes
$5,934 (2023)
Basement
Finished
Exterior
Alum Siding, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain6.63' x 14.99'Granite Counter, Stainless Steel Appl, Open Concept
LivingMain16.01' x 14.17'Open Concept, Hardwood Floor, Pot Lights
DiningMain9.78' x 8.92'Combined W/Kitchen, Hardwood Floor, O/Looks Pool
FamilyMain10.83' x 16.99'Gas Fireplace, Pot Lights, W/O To Deck
LaundryMain7.91' x 8.76'Access To Garage, Pot Lights, Granite Counter
Prim BdrmUpper11.25' x 19.26'4 Pc Ensuite, W/I Closet
2nd BrUpper11.09' x 13.42'Closet, Window
3rd BrUpper10.66' x 10.83'Closet, Window
4th BrUpper10.50' x 10.33'Closet, Window
5th BrLower10.76' x 13.85'Double Closet, Laminate
RecLower10.76' x 25.00'B/I Bar, B/I Shelves, Bar Sink
GamesLower9.32' x 8.92'Laminate
Brampton Market Statistics
Brampton Price Trend
42 Madrid Cres is a 4-bedroom 4-bathroom home listed for sale at $1,269,000, which is $76,219 (6.4%) higher than the average sold price of $1,192,781 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 4 bedroom home in Brampton increased by $12,506 (1.1%) compared to the previous 30 day period (July 30 - August 28) and down $57,117 (4.6%) from the same time one year ago.
Inventory Change
There were 487 4-bedroom homes listed in Brampton over the last 30 days (August 29 - September 27), which is up 10.9% compared with the previous 30 day period (July 30 - August 28) and up 16.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Brampton typically sold ($30,138) (2.5%) below asking price over the last 30 days (August 29 - September 27), which represents a $6,040 increase compared to the previous 30 day period (July 30 - August 28) and ($13,853) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Brampton over the last 30 days (August 29 - September 27) stood at 40.0%, up from 37.6% over the previous 30 days (July 30 - August 28) and up from 33.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Brampton stood at 19 days when successfully sold over the last 30 days (August 29 - September 27), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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