2103-22 Hanover Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W12888586

$545,000
For Sale
Listed 123 days ago
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Welcome to Unit 2103 at 22 Hanover Road, located in the well-established Bellair on the Park condominium community in Brampton's highly convenient Queen Street Corridor. This spacious and well-maintained suite offers a comfortable layout with two bedrooms, Solarium and two full bathrooms, ideal for end users, downsizers, or investors seeking both space and value.The unit features a bright open-concept living and dining area with large windows that bring in excellent natural light and create an inviting atmosphere for everyday living and entertaining. The functional kitchen with upgraded appliances offers ample cabinetry and counter space, while the generously sized primary bedroom includes an ensuite bathroom. In- suite laundry adds everyday convenience. The property includes two underground parking spaces and one exclusive ensuite locker, a valuable feature rarely found together. Bellair on the Park is a professionally managed Condo building offering an impressive range of amenities including an indoor pool, fitness centre, sauna, party and recreation rooms, tennis, squash and basketball courts, landscaped grounds, visitor parking, and a car wash facility. Monthly maintenance fees include heat, water, hydro, central air conditioning, cable television, parking, building insurance, and common elements, providing predictable ownership costs. Ideally located steps from Bramalea City Centre, public transit, parks, and with easy access to major highways including 410 and 407, this home offers exceptional convenience in a central Brampton location.A great opportunity to own a spacious condo in a mature, amenity-rich community.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
W12888586
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Queen st and Dixie Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$778/mo
Exposure
North West
Property tax
$2,882 / 2026
Days on market
123
Listing brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$484Kest. value

Listed at $545,000, this home is tracking about 13% 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 76 similar homes nearby, adjusted for size, beds, and baths.Median of 76 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $512K, a close match.

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 $478K
  • Adjusts to $478K

That comparable adjusts to $478K; the $484K estimate above is the median of all 76 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. Hanover Rd opp Helena Crt is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$412KGreat deal$545KOverpriced

Total price vs nearby homes. Fair value about $484K, median of 76 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$436kavg asking

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

1103-8 Lisa Street$500k912-12 Laurelcrest Street$459k509-215 Queen Street$350k

The 3 closest active listings nearby.

See all comparable homes
545kThis home500k459k350kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $479K
$496this home / sqft
77active listings nearby
123days on market

This home lists 16% above the area average of $429/sqft.

101 days longer than the Brampton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Queen Street Corridor, 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

84/ 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: Hanover Rd opp Helena Crt, about 168 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.

Downtown Brampton
$454K
Sandringham-Wellington
$569K
Goreway Drive Corridor
$575K
Brampton South
$369K
Fletcher's Creek South
$489K

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
$2,484/mo
$120KIncome needed
4.5×Price ÷ income
$573Weekly 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.

71%mortgage
Mortgage $2,484Property tax $240Condo fee $778Total carry $3,502

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)
$2,327per month

Mortgage amount $436,000 · 4.14% over 25 years

$109,000Down payment (20.0%)
$436,000Loan before insurance
$0CMHC premium
$3,345Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,327
Property tax
$240
Condo / maintenance fees
$778
Heating
$0
Estimated monthly cost
$3,345

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

One-time closing costs

Ontario land transfer tax
$7,375
Estimated closing costs
$7,375

Plus your down payment of $109,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,826/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

$261,997Total interest paid
$697,997Total of all payments
Principal $436,000 Interest $261,997
YearPrincipalInterestBalance
1$10,214$17,706$425,786
2$10,641$17,279$415,145
3$11,086$16,834$404,058
4$11,550$16,370$392,508
5$12,033$15,887$380,475
6$12,536$15,383$367,939
7$13,061$14,859$354,878
8$13,607$14,313$341,271
9$14,176$13,744$327,094
10$14,769$13,151$312,325
11$15,387$12,533$296,938
12$16,031$11,889$280,907
13$16,701$11,219$264,206
14$17,400$10,520$246,806
15$18,128$9,792$228,678
16$18,886$9,034$209,792
17$19,676$8,244$190,117
18$20,499$7,421$169,618
19$21,356$6,564$148,261
20$22,250$5,670$126,012
21$23,180$4,740$102,831
22$24,150$3,770$78,681
23$25,160$2,760$53,521
24$26,212$1,707$27,309
25$27,309$611$0

At the end of your 5-year term

Total paid over the term
$139,599
Principal paid down
$55,525
Interest paid
$84,075
Balance remaining
$380,475

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$3,400/mo
$40,800Gross annual rent
4.3%Est. cap rate

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.

7.5%
Gross yield
− Property tax $2,882− Condo fees $9,341− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,490

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

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