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Reduced $10,000 (2%) from $559,900
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10 Madison Court
Beds
4
Baths
3 full + 1 half
Sqft
1,283
Year
1998
Type
Single Family
On market
62d
PRICE IMPROVEMENT - MOTIVATED SELLER Welcome to this spacious 4-bedroom (3+1) bi-level home nestled in a quiet crescent, perfectly located close to schools, parks, and everyday amenities. With thoughtful updates and a functional layout, this home offers comfort, convenience, and plenty of room for family living and entertaining.The main floor features three well-sized bedrooms, including a primary suite with a 4-piece ensuite. A convenient 2-piece bathroom with main floor laundry adds everyday practicality. The bright and welcoming layout makes the most of the bi-level design, creating a comfortable living space for the whole family. The kitchen features lots of cupboards with an eat up bar and good sized dining area. The living room is a nice size for gatherings and the gas stove adds a cozy comfort.The fully finished basement offers exceptional additional living space, including a large fourth bedroom and a 3-piece bathroom. Enjoy relaxing or entertaining in the large family room, complete with a wet bar and rec/games area—perfect for movie nights, gatherings, or a home entertainment space. The basement also features in-floor heating for year-round comfort. With over 2500 sqft of developed space this property has lots of space to grow your family.Step outside to a private backyard with no neighbours behind, offering extra peace and privacy. The outdoor space includes a deck with storage underneath, a patio area, and a shed for additional storage.RECENT UPDATES include: FURNACE, CENTRAL AIR, HOT WATER TANK, ROOF, BASEMENT FLOORING, DECK with storage, SHED, PATIOAdditional features include oversized garage with IN-FLOOR heating, ensuring warmth and comfort throughout the colder months plus one 9FT GARAGE DOOR - making parking your large vehicles a breeze.This well-maintained home offers a fantastic blend of space, updates, and location, making it an excellent opportunity for families looking for a move-in-ready property in a desirable neighborhood. Don’t mis s your chance to call this home your own! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 17.58 Ft x 15.58 Ft | |
| Recreational, Games room | 17.33 Ft x 15.58 Ft | |
| Other | 9.00 Ft x 8.58 Ft | |
| Bedroom | 20.50 Ft x 11.00 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.00 Ft x 10.17 Ft | |
| Dining room | 13.25 Ft x 10.00 Ft | |
| Kitchen | 12.42 Ft x 12.33 Ft | |
| Primary Bedroom | 14.00 Ft x 10.58 Ft | |
| Bedroom | 10.58 Ft x 9.50 Ft | |
| Bedroom | 10.50 Ft x 9.58 Ft | |
| 4pc Bathroom | — | |
| 2pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,419
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Strathmore. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.