53 Mill Street, Brampton

Price: $895,000

3 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13484682

Welcome to this beautifully updated bungalow situated on a premium 53 x 129 ft lot in a highlydesirable Brampton location. This charming home features 3 spacious bedrooms and 4 fullbathrooms, offering a functional layout ideal for families, downsizers, or investors alike. Themain floor showcases hardwood flooring throughout, a modern upgraded kitchen with stainlesssteel appliances, and bright, inviting living spaces enhanced by updated windows. Additionalimprovements include a newer furnace and numerous tasteful updates throughout the home. Theproperty also features a fully detached single-car garage and an expansive lot with endlesspossibilities. A rare opportunity to own a move-in-ready home in a mature neighbourhood closeto schools, parks, transit, and downtown amenities. A must-see to truly appreciate all thatthis property has to offer!

53 Mill Street - Detached photo 1 of 1 in Brampton, Ontario
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$895,000 - 53 Mill Street, Brampton

Detached for Sale in Brampton

Popular Listing

Neighbourhood: Downtown Brampton

3Beds
4Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13484682
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Brampton
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to this beautifully updated bungalow situated on a premium 53 x 129 ft lot in a highlydesirable Brampton location. This charming home features 3 spacious bedrooms and 4 fullbathrooms, offering a functional layout ideal for families, downsizers, or investors alike. Themain floor showcases hardwood flooring throughout, a modern upgraded kitchen with stainlesssteel appliances, and bright, inviting living spaces enhanced by updated windows. Additionalimprovements include a newer furnace and numerous tasteful updates throughout the home. Theproperty also features a fully detached single-car garage and an expansive lot with endlesspossibilities. A rare opportunity to own a move-in-ready home in a mature neighbourhood closeto schools, parks, transit, and downtown amenities. A must-see to truly appreciate all thatthis property has to offer!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,591.81/mo

Includes CMHC insurance ($24,971)

$
$
5%10%50%

5-yr fixed avg.

Principal: $805,500Interest: $547,074
Mortgage Amount$830,471
Total Interest$547,074
Est. Property Tax$634/mo
Total Cost$1,377,544

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: Downtown Brampton

Discover Downtown Brampton

Downtown 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 Downtown 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

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

Downtown 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.

70
Walk Score
Varies
Price Range

53 Mill Street, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$634
Insurance (est.)-$186
Net Cash Flow+$1,980

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

Fair Market Value

At $814/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 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.

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 Downtown Brampton

I know Downtown Brampton 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.

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    53 Mill Street, Brampton | $895,000 | Battaglia Team