16 Fallgate Drive, Brampton, ON

Credit Valley, Brampton · MLS® W12913330

$1,264,900
For Sale
Listed 115 days ago
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6Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to this Elegant family home well cared & upgraded by the original owner. This Beautiful Home Featuring Over 4000SF of tasteful finishes, comfort & luxury which Includes 4+2 Bedrooms, 4 Bathrooms (2940 sq/ft & additional fully finished in-law suite 1100 sq/ft). Desirable Location, Family Friendly Community, Great Local Schools. This gorgeous home comes with Custom Millwork, Hardwood Floors & Crown Molding throughout, 7 inch baseboards, Premium Travertine Stone Floor, Pot Lights, Granite, 3 Fireplaces, Iron Spindles & Wainscoting & wall paneling. Upgraded kitchen with SS premium appliances, wall oven, gas & electric combined cooktop with grill option. The beautiful wood staircase with metal spindles leads you to the equally impressive second level where you'll find sunken computer area for home office or working professional & Large Bedrooms. Primary bedroom comes with Walking Closet with organizer's & 6 pc Ensuite with Jacuzzi & Fireplace. Backyard offers huge deck and storage room. Finished Basement with Separate Entrance, full washroom, 2 Bedrooms, living room with fireplace and own laundry. Main Level Laundry Room with cabinets and access to garage. Easy Access to Shops, Schools, Parks & More. Great Home in a Prime Area. A Must See Home.

Key facts

Property type
Detached, 2-Storey
MLS®
W12913330
Bedrooms
6 (4 + 2)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
36.09 × 100.07 ft
Cross streets
Bovarid Dr. & Ashby Crt
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,032 / 2025
Days on market
115
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

BathroomSecond3.56 × 3.59 m

6 pc ensuite · window

Living RoomMain5.94 × 3.56 m

crown moulding · pot lights · hardwood floor

LaundryMain3.65 × 2.28 m

Tile Floor

Bedroom 3Second3.96 × 3.77 m

hardwood floor · window · closet

Bedroom 4Second4.69 × 3.84 m

hardwood floor · window · closet

Family RoomMain3.96 × 4.57 m

hardwood floor · crown moulding

Bedroom 2Second3.35 × 3.65 m

hardwood floor · window · closet

Primary BedroomSecond4.87 × 5.48 m

hardwood floor · 6 pc ensuite · walk-in closet(s)

KitchenMain5.79 × 3.96 m

granite counters · pot lights · stainless steel appl

FoyerMain4.25 × 3.04 m

Pot Lights

OtherSecond3.84 × 2.25 m

hardwood floor · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$1.28Mest. value

Listed at $1,264,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.14M, a bit lower.

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 $1.28M
  • Bathrooms −$15K
  • Adjusts to $1.26M

That comparable adjusts to $1.26M; the $1.28M estimate above is the median of all 20 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ashby Field Rd s/of Fandango Dr is about a 1-minute walk away.

List price
$1.23MGreat deal$1.32MOverpriced

Total price vs nearby homes. Fair value about $1.28M, median of 20 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Credit Valley · asking prices
$1.34Mavg asking

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

26 Maybeck Drive$1.30M30 Overglen Court$1.32M146 Degrassi Cove Circle$1.20M99 Royal West Drive$1.38M9 Bergin Street$1.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.26MThis home1.30M1.32M1.20M1.38M1.50MThis home vs active comparables
Live market pulseActive comparables in Credit Valley · median list $1.30M
$460this home / sqft
35active listings nearby
115days on market

This home lists 6% below the area average of $487/sqft.

114 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

Credit Valley, 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

61/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Ashby Field Rd s/of Fandango Dr, about 92 m away

20+ transit stops1 grocery20+ dining20+ parks5 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.

Northwest Brampton
$1.20M
Northwood Park
$999K
Fletcher's Meadow
$918K
Fletcher's West
$969K
Bram West
$1.34M

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
$5,765/mo
$245KIncome needed
5.2×Price ÷ income
$1,330Weekly 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.

90%mortgage
Mortgage $5,765Property tax $669Total carry $6,434

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)
$5,400per month

Mortgage amount $1,011,920 · 4.14% over 25 years

$252,980Down payment (20.0%)
$1,011,920Loan before insurance
$0CMHC premium
$6,069Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,400
Property tax
$669
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,069

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

One-time closing costs

Ontario land transfer tax
$21,773
Estimated closing costs
$21,773

Plus your down payment of $252,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,559/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

$608,074Total interest paid
$1,619,994Total of all payments
Principal $1,011,920 Interest $608,074
YearPrincipalInterestBalance
1$23,706$41,094$988,214
2$24,697$40,102$963,517
3$25,730$39,069$937,786
4$26,807$37,993$910,980
5$27,928$36,872$883,052
6$29,096$35,704$853,956
7$30,313$34,487$823,642
8$31,581$33,219$792,061
9$32,902$31,898$759,159
10$34,278$30,521$724,881
11$35,712$29,088$689,168
12$37,206$27,594$651,962
13$38,762$26,037$613,200
14$40,384$24,416$572,817
15$42,073$22,727$530,744
16$43,833$20,967$486,911
17$45,666$19,134$441,245
18$47,576$17,223$393,669
19$49,566$15,233$344,102
20$51,640$13,160$292,463
21$53,800$11,000$238,663
22$56,050$8,750$182,613
23$58,394$6,405$124,219
24$60,837$3,963$63,382
25$63,382$1,418$0

At the end of your 5-year term

Total paid over the term
$323,999
Principal paid down
$128,868
Interest paid
$195,131
Balance remaining
$883,052

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$5,250/mo
$63,000Gross annual rent
3.7%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.

5.0%
Gross yield
− Property tax $8,032− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,638

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

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