58 Kingsmere Crescent, Brampton

Price: $979,000

7 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13788040

*Great opportunity for homeowners and investors! Spacious 4+3 Bedroom Bungalow with Legal Basement & Inground Pool! Main floor features 4 bedrooms, 2 full baths, living/dining area & kitchen. Lower level has secondary dwelling Legal 3-bedroom basement apartment with side entrance offers 2 full baths & excellent rental. Currently generating approx. $7,000/month rental income. Numerous updates include newer windows, fresh paint/trim, 2019 roof, 2019 garage door, 2020 gutter guards, updated electrical panel. Enjoy the private 16' x 32' inground concrete pool, Pool Repainted In 2022. Pool Pump 2013. large backyard and 7 parking spaces (6 driveway + 1 garage). Spacious lot with potential for future garden suite, subject to approvals. Close to schools, parks, shopping & amenities. Must see!

58 Kingsmere Crescent - Detached photo 1 of 8 in Brampton, Ontario
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$979,000 - 58 Kingsmere Crescent, Brampton

Detached for Sale in Brampton

Neighbourhood: Northwood Park

7Beds
4Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13788040
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
7
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Brampton
Lot Size
7,800 sqft
Taxes (2026)
$6,693
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

*Great opportunity for homeowners and investors! Spacious 4+3 Bedroom Bungalow with Legal Basement & Inground Pool! Main floor features 4 bedrooms, 2 full baths, living/dining area & kitchen. Lower level has secondary dwelling Legal 3-bedroom basement apartment with side entrance offers 2 full baths & excellent rental. Currently generating approx. $7,000/month rental income. Numerous updates include newer windows, fresh paint/trim, 2019 roof, 2019 garage door, 2020 gutter guards, updated electrical panel. Enjoy the private 16' x 32' inground concrete pool, Pool Repainted In 2022. Pool Pump 2013. large backyard and 7 parking spaces (6 driveway + 1 garage). Spacious lot with potential for future garden suite, subject to approvals. Close to schools, parks, shopping & amenities. Must see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,022.78/mo

Includes CMHC insurance ($27,314)

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5-yr fixed avg.

Principal: $881,100Interest: $598,419
Mortgage Amount$908,414
Total Interest$598,419
Est. Property Tax$693/mo
Total Cost$1,506,833

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: Northwood Park

Discover Northwood Park

Northwood Park 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 Northwood Park

  • •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

Northwood Park 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

58 Kingsmere Crescent, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,400/mo
Range: $3,740 - $5,060
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,400
Maintenance Fees-$0
Property Tax (est.)-$693
Insurance (est.)-$204
Net Cash Flow+$3,503

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 $890/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.

Market Position

At 22 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.

Excellent Flexibility

With 7 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 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.

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    58 Kingsmere Crescent, Brampton | $979,000 | Battaglia Team