61 Aldersgate Drive, Brampton, ON

Northwest Brampton, Brampton · MLS® W12598132

$1,595,000
For Sale
Listed 316 days agoNo offer date statedSitting longer than typical
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5+2Bedrooms
5Bathrooms
2Garage · 5 parking
3000-3500Sq ft

About this home

In short

  • Welcome to this stunning 5+2-bedroom detached home located on a premium corner lot in one of Brampton's most desirable neighborhoods near Mississauga Rd & Bovaird.
  • From the moment you step inside, you'll be greeted by a grand 20-ft entrance and an open-concept layout filled with natural light, upgraded hardwood floors, pot...
  • The beautifully upgraded kitchen features granite countertops, stainless steel appliances, a rare extra pantry, new cabinets, and elegant hardwood flooring perfect...
  • Upstairs, you'll find five spacious bedrooms, including a luxurious primary suite with a walk-in closet and a spacious ensuite.
  • The fully finished basement offers two additional bedrooms with a separate entrance, ideal for an extended family or rental income.

Welcome to this stunning 5+2-bedroom detached home located on a premium corner lot in one of Brampton's most desirable neighborhoods near Mississauga Rd & Bovaird. From the moment you step inside, you'll be greeted by a grand 20-ft entrance and an open-concept layout filled with natural light, upgraded hardwood floors, pot lights, and modern finishes throughout. The beautifully upgraded kitchen features granite countertops, stainless steel appliances, a rare extra pantry, new cabinets, and elegant hardwood flooring perfect for both everyday living and entertaining. Upstairs, you'll find five spacious bedrooms, including a luxurious primary suite with a walk-in closet and a spacious ensuite. The fully finished basement offers two additional bedrooms with a separate entrance, ideal for an extended family or rental income. Outside, the backyard is equipped with a gas BBQ hookup, making it perfect for summer gatherings. Located just minutes from top-rated schools, parks, shopping malls, places of worship, and highways 407/401/410, as well as the Mount Pleasant GO Station, this home truly offers the perfect combination of space, comfort, and unbeatable convenience. Don't miss your chance to own this exceptional property!

Key facts

Property type
Detached, 2-Storey
MLS®
W12598132
Bedrooms
5+2 (7 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
42.4 × 90.34 ft
Cross streets
Mississauga Rd & Bovaird Dr
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,848 / 2024
Days on market
316
Listing brokerage
ROYAL STAR REALTY INC.

Rooms

Bedroom 5Second3.35 × 2.93 m

semi ensuite · updated

Family RoomMain5.49 × 3.96 m

open concept · updated

BreakfastMain4.16 × 3.54 m

open concept · ceramic floor

Bedroom 2Second4.45 × 3.08 m

semi ensuite · updated

BedroomBasement3.50 × 3.50 m

broadloom · updated

Primary BedroomSecond5.31 × 3.96 m

5 pc ensuite · updated

Bedroom 4Second3.35 × 3.35 m

semi ensuite · updated

KitchenMain5.36 × 2.77 m

open concept · ceramic floor · updated

Living RoomMain6.55 × 3.66 m

open concept · updated

Dining RoomMain6.55 × 3.66 m

open concept · updated

Bedroom 2Basement3.58 × 3.35 m

broadloom · updated

Bedroom 3Second3.90 × 3.23 m

semi ensuite · updated

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.54Mlikely sale price

Listed at $1,595,000. Going by how homes in Northwest Brampton have actually closed against their asking prices (about 97%, 47 local closings in 90 days), the likely sale price is near $1.54M, if it sells. A realistic range is $1.44M to $1.73M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 316 days on the market against about 34 for homes like it here, and asking 32% above where comparable closings put it.

List price
$1.44MBelow recent closings$1.73MAbove recent closings

Total price vs nearby homes. Likely closing about $1.54M, from 47 recent closings in this pocket.

The market behind the math:

47sold nearby · 90 days
$1.03Mmedian sold price
96%of asking, on average
−13%prices vs a year ago
~25 dayshomes like this take to sell
316days on market so far
$4,039/moest. rent · 21 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 23 detached homes for sale in the area against 47 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $491/sqft against an area asking average of $464/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Northwest Brampton: 84 of the 469 detached leases here lately were basement units, around $1,750 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Brampton.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 47 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.19M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($491/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 47 comparable homes that sold in Northwest Brampton over the past two years, from 372 closings there.

What sellers nearby are askingCurrently listed nearby in Northwest Brampton · asking prices
$1.46Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $497/sqft; this home lists at $491/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.59MThis home1.25M1.50M1.50M1.50M1.55MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Northwest Brampton: $1.01M in September 2026, down 13% from a year ago, on 179 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.27M23
November 2025$1.11M11
December 2025$995K10
January 2026$1.16M7
February 2026$980K9
March 2026$989K15
April 2026$1.11M15
May 2026$1.19M18
June 2026$1.07M16
July 2026$1.02M20
August 2026$970K17
September 2026$1.01M18

Neighbourhood & location

Northwest Brampton, Brampton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Fletcher's Meadow
$957K
Credit Valley
$1.59M
Brampton West
$914K
Northwest Sandalwood Parkway
$999K
Snelgrove
$967K

Typical asking price of active listings of the same type, per area (outliers removed). Brampton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,269/mo
$301KIncome needed
5.3×Price ÷ income
$1,678Weekly cost
$28,375Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $7,269Property tax $654Total carry $7,923

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,055per month

Mortgage amount $1,276,000 · 4.49% over 25 years

$319,000Down payment (20.0%)
$1,276,000Loan before insurance
$0CMHC premium
$7,709Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,055
Property tax
$654
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,709

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$28,375
Estimated closing costs
$28,375

Plus your down payment of $319,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,539/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$840,567Total interest paid
$2,116,567Total of all payments
Principal $1,276,000 Interest $840,567
YearPrincipalInterestBalance
1$28,475$56,188$1,247,525
2$29,768$54,895$1,217,757
3$31,119$53,543$1,186,638
4$32,532$52,130$1,154,106
5$34,009$50,653$1,120,096
6$35,554$49,109$1,084,543
7$37,168$47,495$1,047,375
8$38,855$45,807$1,008,520
9$40,620$44,043$967,900
10$42,464$42,199$925,436
11$44,392$40,271$881,044
12$46,407$38,255$834,637
13$48,515$36,148$786,122
14$50,717$33,945$735,405
15$53,020$31,643$682,385
16$55,427$29,235$626,958
17$57,944$26,719$569,014
18$60,575$24,088$508,439
19$63,325$21,337$445,113
20$66,200$18,462$378,913
21$69,206$15,456$309,707
22$72,348$12,314$237,358
23$75,633$9,029$161,725
24$79,067$5,595$82,657
25$82,657$2,005$0

At the end of your 5-year term

Total paid over the term
$423,313
Principal paid down
$155,904
Interest paid
$267,410
Balance remaining
$1,120,096

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 21 whole-home leases in Northwest Brampton$4,039/mo
$48,468Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,837 to $4,445Typical rent range
~31 daysTo find a tenant, on average

The suite is real income here: basements rent in Northwest Brampton (84 of 469 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 21 whole-home leases in Northwest Brampton signed at a median of $3,803 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,039. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.0%
Gross yield
− Property tax $7,848− Insurance $1,400− Vacancy & upkeep $5,331Net operating income $33,889

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL STAR REALTY INC.. MLS®/PropTx.

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