2 Glebe Crescent, Brampton, ON

Northgate, Brampton · MLS® W12855048

$899,000
For Sale
Listed 133 days ago
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5Bedrooms
3Bathrooms
2Garage · 8 parking
1100-1500Sq Ft

About this home

Well-located corner lot with great future potential. This detached bungalow features 3 bedrooms on the main level and a 2-bedroom basement. Property requires updates-ideal opportunity to add value and generate strong long-term returns.

Key facts

Property type
Detached, Bungalow
MLS®
W12855048
Bedrooms
5 (3 + 2)
Bathrooms
3
Size
1100-1500
Lot
62.27 × 125.75 ft
Cross streets
Bramalea/Queen St.
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$6,300 / 2025
Days on market
133
Listing brokerage
RISING SUN REAL ESTATE INC.

Rooms

Bedroom 3Main2.69 × 4.06 m

laminate · closet

Primary BedroomMain3.28 × 4.22 m

laminate · b/i shelves

KitchenBasement3.51 × 4.78 m

ceramic floor · modern kitchen

Bedroom 5Basement3.78 × 3.73 m

ceramic floor · 3 pc ensuite · large closet

Bedroom 2Main2.72 × 3.17 m

laminate · closet

KitchenMain4.17 × 3.33 m

ceramic floor · ceramic backsplash · renovated

RecreationBasement5.21 × 4.27 m

ceramic floor · pot lights · open concept

Dining RoomMain3.15 × 2.72 m

laminate · combined w/living · open concept

Living RoomMain3.68 × 4.60 m

laminate · combined w/dining · open concept

StudyBasement2.34 × 2.40 m

Ceramic Floor

Bedroom 4Basement2.69 × 3.23 m

ceramic floor · closet

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$708Kest. value

Listed at $899,000, this home is tracking about 27% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.01M, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $890K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $845K

That comparable adjusts to $845K; the $708K estimate above is the median of all 22 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Bramalea Rd at Goodwood Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$597KGreat deal$899KOverpriced

Total price vs nearby homes. Fair value about $708K, median of 22 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Northgate · asking prices
$789kavg asking

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

18 Gold Pine Court$698k13 Greenhills Square$809k15 Jackman Drive$719k12 Greenhills Square$799k53 Geneva Crescent$920k

The 5 closest of 8 active listings nearby.

See all comparable homes
899kThis home698k809k719k799k920kThis home vs active comparables
Live market pulseActive comparables in Northgate · median list $898K
$692this home / sqft
22active listings nearby
133days on market

This home lists 27% above the area average of $546/sqft.

132 days longer than the Brampton average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Northgate, 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.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bramalea Rd at Goodwood Rd, about 154 m away

20+ transit stops6 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Central Park
$840K
Southgate
$799K
Sandringham-Wellington
$1.07M
Brampton East
$816K
Heart Lake West
$811K

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
$4,097/mo
$177KIncome needed
5.1×Price ÷ income
$946Weekly cost
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.

89%mortgage
Mortgage $4,097Property tax $525Total carry $4,622

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,838per month

Mortgage amount $719,200 · 4.14% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,363Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,838
Property tax
$525
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,363

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,662/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

$432,175Total interest paid
$1,151,375Total of all payments
Principal $719,200 Interest $432,175
YearPrincipalInterestBalance
1$16,848$29,207$702,352
2$17,553$28,502$684,799
3$18,287$27,768$666,511
4$19,052$27,003$647,459
5$19,849$26,206$627,610
6$20,679$25,376$606,930
7$21,544$24,511$585,386
8$22,446$23,609$562,940
9$23,384$22,671$539,556
10$24,363$21,692$515,193
11$25,382$20,673$489,811
12$26,443$19,612$463,368
13$27,549$18,506$435,819
14$28,702$17,353$407,117
15$29,902$16,153$377,214
16$31,153$14,902$346,061
17$32,456$13,599$313,605
18$33,814$12,241$279,791
19$35,228$10,827$244,563
20$36,702$9,353$207,861
21$38,237$7,818$169,625
22$39,836$6,219$129,788
23$41,503$4,552$88,286
24$43,239$2,816$45,047
25$45,047$1,008$0

At the end of your 5-year term

Total paid over the term
$230,275
Principal paid down
$91,590
Interest paid
$138,685
Balance remaining
$627,610

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
Estimate$2,300/mo
$27,600Gross annual rent
1.9%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.1%
Gross yield
− Property tax $6,300− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,864

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RISING SUN REAL ESTATE INC.. MLS®/PropTx.

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