$749,000 - 156 Mill Street, Brampton
Detached for Sale in Brampton
Popular ListingNeighbourhood: Brampton South
- MLS Number
- W13484050
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- RE/MAX SPECIALISTS TEAM SUKHVINDER
Rare opportunity to own an east-facing detached home on an extra-wide 65' x 117' lot, nestled on one of the most picturesque tree-lined streets in the downtown core. Enjoy a true walkable lifestyle just steps to Gage Park, cafes, farmers' market, skating, live music, The Rose Theatre, and the GO Train station. This unique home features a main-level primary bedroom, with generously sized second and third bedrooms upstairs offering ample storage. The spacious living room boasts a sun-filled picture window, elegant plaster ceiling, and crown molding. The modern eat-in kitchen is complete with white cabinetry, granite countertops, ceramic backsplash, and convenient pot drawers. Exterior highlights include an extra-long and wide driveway, single garage with workshop/storage, a 12' x 14' wood deck, and a composite front porch, perfect for outdoor enjoyment. Situated on a premium oversized lot, this property also presents an excellent opportunity for those looking to build a custom dream home in a highly sought-after location. Live in or rent out the existing home while pursuing permits and planning your future build, making it an ideal option for end users, builders, and investors alike.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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 Brampton South
Brampton South 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 Brampton South
- •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
Brampton South 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.
156 Mill Street, 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
Competitive Pricing
At $681/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
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.
About Brampton South
I know Brampton South well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Brampton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.