1209-15 Kensington Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W12901804

$399,000
For Sale
Listed 121 days ago
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2Bedrooms
1Bathrooms
1Garage
900-999Sq Ft

About this home

Spacious Condo-Apartment Great Location!!! Location!!! Close to Bramalea City Mall, newly opened medical college of Toronto Metropolitan University (TMU) in Brampton. Best Building in the Neighbourhood. Large Open Concept Living and Dining Area. Lots of Natural Light, Large Storage Room. Large Balcony Has A Perfect View. Maintenance Fee Includes All Utilities: Heat, Hydro, Gas, and 1 Parking. Public Transport Is Just Outside the Building, within Walking Distance to Bramalea City Centre, Grocery Store, Banks, Brampton Transit Terminal, Zum Bus Service, Walk-In Doctor Offices.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12901804
Bedrooms
2
Bathrooms
1
Size
900-999
Cross streets
Bramalea Rd & Kensington Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$773/mo
Exposure
East
Property tax
$2,269 / 2025
Days on market
121
Listing brokerage
HOMELIFE MAPLE LEAF REALTY LTD.

Rooms

BedroomMain3.97 × 3.08 m
Living RoomMain6.40 × 3.36 m
Dining RoomMain3.06 × 2.17 m
Bedroom 2Main3.67 × 2.76 m
KitchenMain3.97 × 2.16 m
Moe’s TakeTeam Asgarian · Broker
In line
$418Kest. value

Listed at $399,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $436K, 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 $499K
  • Adjusts to $499K

That comparable adjusts to $499K; the $418K estimate above is the median of all 26 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. Kensington Rd opp Bramalea Medical Centre is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$375KGreat deal$450KOverpriced

Total price vs nearby homes. Fair value about $418K, median of 26 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$393kavg asking

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

103-4 Lisa Street$400k907-12 Laurelcrest Street$390k1106-25 Kensington Road$379k907-15 Kensington Road$419k409-15 Kensington Road$375k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home400k390k379k419k375kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $470K
$420this home / sqft
58active listings nearby
121days on market

This home lists 5% below the area average of $441/sqft.

99 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

85/ 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: Kensington Rd opp Bramalea Medical Centre, about 60 m away

20+ transit stops6 grocery20+ dining20+ parks11 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.

Goreway Drive Corridor
$575K
Downtown Brampton
$454K
Sandringham-Wellington
$569K
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
$1,819/mo
$94KIncome needed
4.3×Price ÷ income
$420Weekly 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.

65%mortgage
Mortgage $1,819Property tax $189Condo fee $773Total carry $2,781

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,665Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$189
Condo / maintenance fees
$773
Heating
$0
Estimated monthly cost
$2,665

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

One-time closing costs

Ontario land transfer tax
$4,460
Estimated closing costs
$4,460

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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$3,050/mo
$36,600Gross annual rent
5.1%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.

9.2%
Gross yield
− Property tax $2,269− Condo fees $9,276− Insurance $600− Vacancy & upkeep $4,026Net operating income $20,429

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE MAPLE LEAF REALTY LTD.. MLS®/PropTx.

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