$969,888 - 46 Elgin Drive, Brampton
Detached for Sale in Brampton
126 days on market- MLS Number
- W12809388
- Property Type
- Detached
- Status
- active
- Days on Site
- 126
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Look No Further! Stunning detached home offering bright, open-concept living in one of Brampton's most sought-after neighborhoods. This spacious 3+1 bedroom home features an open-concept living, dining, and family room, perfect for both entertaining and everyday living. The beautifully designed kitchen includes extended cabinetry, a large center island, and a sunny breakfast area that opens seamlessly to the living space. The primary bedroom is a true retreat, complete with a 4-piece ensuite, walk-in closet, and private balcony. Two additional generously sized bedrooms and a full upgraded bathroom complete the second floor. Enjoy the charm of a front brick exterior, large windows, and abundant natural sunlight throughout the home. The extended driveway provides parking for up to 4 vehicles, including the garage. The finished basement with separate entrance offers excellent income or in-law potential, featuring one bedroom, a spacious living room, a full kitchen, and a 3-piece bathroom. Conveniently located close to all amenities, major highways, Transit, schools, parks, and places of worship.
Estimate your monthly payments for this property
Estimated Payment
$4,976.03/mo
Includes CMHC insurance ($27,060)
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
Brampton 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
- •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 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.
46 Elgin Drive, Brampton
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Rental income estimator & ROI calculator
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
Fair Market Value
At $882/sqft, this property is priced in line with current Brampton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 126 days on site, this property has exceeded the typical selling timeline for Brampton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $4,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.