7 Cedar Lake Crescent Unit 42, Brampton

Price: $684,990

4 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13797702

Welcome to 7 Cedar Lake Crescent, Brampton! This bright and spacious home offers approximately 1,863 sq. ft. of living space in a welcoming, family-friendly community. Featuring 9-ft ceilings, hardwood floors, modern finishes and large windows that fill the home with natural light. The finished main floor area adds valuable additional living space with 1 bedroom and a 3-piece bathroom, ideal for extended family, guests, a teenager's retreat or additional recreation space. Surrounded by trails, green spaces and parks, this community offers plenty of opportunities for families to enjoy the outdoors. Excellent location with easy access to Hwy 407 and Hwy 401, Sheridan College, shopping, restaurants, groceries, schools, medical services and everyday amenities. Nearby Eldorado Park and conservation areas provide additional recreational opportunities. Well-maintained common areas with snow removal, lawn care and seasonal leaf clearing add to the convenience. A wonderful opportunity to own a spacious and well-appointed home in a peaceful and connected Brampton community!

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active

$684,990 - 7 Cedar Lake Crescent Unit 42, Brampton

Condo for Sale in Brampton

Neighbourhood: Bram West

4Beds
4Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
W13797702
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
4
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Brampton
Taxes (2026)
$5,043
Maintenance Fees
$401/mo
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

Welcome to 7 Cedar Lake Crescent, Brampton! This bright and spacious home offers approximately 1,863 sq. ft. of living space in a welcoming, family-friendly community. Featuring 9-ft ceilings, hardwood floors, modern finishes and large windows that fill the home with natural light. The finished main floor area adds valuable additional living space with 1 bedroom and a 3-piece bathroom, ideal for extended family, guests, a teenager's retreat or additional recreation space. Surrounded by trails, green spaces and parks, this community offers plenty of opportunities for families to enjoy the outdoors. Excellent location with easy access to Hwy 407 and Hwy 401, Sheridan College, shopping, restaurants, groceries, schools, medical services and everyday amenities. Nearby Eldorado Park and conservation areas provide additional recreational opportunities. Well-maintained common areas with snow removal, lawn care and seasonal leaf clearing add to the convenience. A wonderful opportunity to own a spacious and well-appointed home in a peaceful and connected Brampton community!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,514.35/mo

Includes CMHC insurance ($19,111)

$
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5-yr fixed avg.

Principal: $616,491Interest: $418,704
Mortgage Amount$635,602
Total Interest$418,704
Est. Property Tax$485/mo
Total Cost$1,054,306

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: Bram West

Discover Bram West

Bram West 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 Bram West

  • •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

Bram West 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

7 Cedar Lake Crescent Unit 42, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$401
Property Tax (est.)-$485
Insurance (est.)-$143
Net Cash Flow+$2,771

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 $381/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 20 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $401/month fees should cover building insurance, common elements, and reserve contributions.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Brampton. Good resale value as demand remains consistent.

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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    7 Cedar Lake Crescent Unit 42, Brampton | $684,990 | Battaglia Team