188 Elbern Markell Drive, Brampton

Price: $1,749,000

6 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13476142

Welcome to this exceptional Estate of Credit Ridge home offering approximately 4,029 sq. ft. above grade, plus an additional 1,700 sq. ft. of finished living space in the walkout basement. Featuring 5+1 bedrooms all with en-suites and a fully finished in-law suite, this stunning property is situated on a premium ravine lot with no rear neighbours. Designed for both family living and entertaining, the spacious main floor includes a dedicated office, formal living room, formal dining room, and a welcoming family room. The large eat-in kitchen overlooks the backyard and offers a walkout to a custom-built oversized deck, providing spectacular ravine views and complete privacy. The upper level boasts five generously sized bedrooms. The Primary features a large walk-in closet and 5-pc en-suite. The walkout basement features an additional bedroom, full living area, and excellent in-law suite potential. Backing onto a picturesque ravine with no homes behind, this rare offering combines over 5,700 sq. ft. of living space with privacy, functionality, and luxury in one of Brampton's most sought-after communities.

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$1,749,000 - 188 Elbern Markell Drive, Brampton

Detached for Sale in Brampton

Neighbourhood: Credit Valley

6Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13476142
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
6
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Brampton
Listing Brokerage
RE/MAX CENTRE MUSTAFA ZIA REALTY
Description

Welcome to this exceptional Estate of Credit Ridge home offering approximately 4,029 sq. ft. above grade, plus an additional 1,700 sq. ft. of finished living space in the walkout basement. Featuring 5+1 bedrooms all with en-suites and a fully finished in-law suite, this stunning property is situated on a premium ravine lot with no rear neighbours. Designed for both family living and entertaining, the spacious main floor includes a dedicated office, formal living room, formal dining room, and a welcoming family room. The large eat-in kitchen overlooks the backyard and offers a walkout to a custom-built oversized deck, providing spectacular ravine views and complete privacy. The upper level boasts five generously sized bedrooms. The Primary features a large walk-in closet and 5-pc en-suite. The walkout basement features an additional bedroom, full living area, and excellent in-law suite potential. Backing onto a picturesque ravine with no homes behind, this rare offering combines over 5,700 sq. ft. of living space with privacy, functionality, and luxury in one of Brampton's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,736.42/mo

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5-yr fixed avg.

Principal: $1,399,200Interest: $921,725
Mortgage Amount$1,399,200
Total Interest$921,725
Est. Property Tax$1,239/mo
Total Cost$2,320,925

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.

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Neighbourhood Guide: Credit Valley

Discover Credit Valley

Credit Valley 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 Credit Valley

  • Convenient location in Brampton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Turner Fenton Secondary SchoolPublic High School
Heart Lake Secondary SchoolPublic High School
St. Edmund Campion Secondary SchoolCatholic High School
Cardinal Ambrozic Catholic Secondary SchoolCatholic High School

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

Credit Valley 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.

70
Walk Score
Varies
Price Range

188 Elbern Markell Drive, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,239
Insurance (est.)-$364
Net Cash Flow+$3,247

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $500/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.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    188 Elbern Markell Drive, Brampton | $1,749,000 | Battaglia Team