$939,000 - 7 Penn Drive, Brampton
Detached for Sale in Brampton
41 days on marketNeighbourhood: Fletcher's Meadow
- MLS Number
- W13559064
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Welcome to 7 Penn Drive, a cozy detached home with double car garage, nestled in the warm quiet community of Fletcher's Creek. This home welcomes you to an open to above foyer with a chandelier and immediately to the large living / dining room combo with an open concept layout and large windows and a beautiful natural looking hardwood floors. Walk into the next part of the house that greets you to the open concept of the kitchen/breakfast area/family room. The kitchen has stainless steal appliances, large window and plenty of counter space for all you cooking needs. The breakfast area has additional cabinets, perfect for a coffee bar or more storage and a walkout to the backyard. The clean backyard is large enough to always keep guests entertained or a perfect place to relax. The family room is spacious and has a built-in fireplace, to always keep everyone cozy. Upstairs, you'll find 4 bedrooms, each with their own closet. The primary bedroom has 2 large closets and a 5-piece ensuite with a standing shower and a soaker tub. The massive basement has 2 separate sections with a rec room that is currently being used as an office and another room that could be a bedroom or any use or desire. This house has endless potential, perfect for a small family with a vision. It's steps away from public transit stops, to shopping plazas, groceries, GO station and schools.
Estimate your monthly payments for this property
Estimated Payment
$4,817.56/mo
Includes CMHC insurance ($26,198)
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 Fletcher's Meadow
Fletcher's Meadow 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 Fletcher's Meadow
- •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
Fletcher's Meadow 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.
7 Penn Drive, Brampton
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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
Competitive Pricing
At $626/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 41 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 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.
Bathroom Count Matters
With 3 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.