2107-22 Hanover Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W12948802

$504,999
For Sale
Listed 107 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

This Bright And Well-Maintained Condo Offers A Thoughtfully Designed Layout, Featuring An Expansive Living Area That Opens To A Rare, Oversized Balcony One Of The Few In The Building. The Unobstructed, Panoramic Views From The Balcony Are Perfect For Relaxation, Morning Coffee, Or Evening Sunsets. The Separate Dining Area Overlooks A Spacious Kitchen Equipped With A Cozy Breakfast Nook And A Walkout To The Balcony, Offering Stunning Views From Nearly Every Corner Of The Home. The Primary Bedroom Is Generously Sized, Boasting Large Windows, An Ensuite Bathroom, And Ample Storage. The Second Bedroom Is Also Spacious And Perfect For Family, Guests, Or A Home Office. A Second Full Bathroom And An Ensuite Laundry Room With Additional Storage Ensure Convenience. Upgraded Laminate Flooring And Modern Light Fixtures Throughout Enhance The Unit's Inviting And Comfortable Feel. All Utilities Are Included In The Maintenance Fees, Providing Excellent Value. Situated In An Unbeatable Location With Easy Access To Schools, Public Transit, Chinguacousy Park, Bramalea City Centre Shopping, Highways, And More. The Unit Comes With Two Owned Underground Parking Spots. 24-Hour Security In A Well-Managed Building. Residents Enjoy A Wide Range Of Amenities, Including A Gym, Indoor Pool, Hot Tub, Tennis & Squash Courts, A Billiard Room, And A Renovated Party Room. Building Offers Bell High-Speed Fiber Internet And TV Included At No Cost Until March 31, 2027. Afterward, Service Will Be Available For $42/Month. Rental Storage Available At $240/Year. Don't Miss This Gem!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12948802
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Queen St E & Dixie Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$879/mo
Exposure
North West
Property tax
$3,158 / 2025
Days on market
107
Listing brokerage
ROYAL LEPAGE CERTIFIED REALTY

Rooms

Living RoomFlat17.06 × 10.99 m

laminate · w/o to balcony

Dining RoomFlat15.11 × 9.50 m

laminate · separate room

Moe’s TakeTeam Asgarian · Broker
Below comparables
$539Kest. value

Listed at $504,999, this home is about 6% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $524K, 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 $539K
  • Adjusts to $539K

That comparable adjusts to $539K; the $539K estimate above is the median of all 5 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
$505KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $539K, median of 5 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$507kavg asking

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

1907-22 Hanover Road$539k907-24 Hanover Road$540k1201-22 Hanover Road$500k510-22 Hanover Road$560k1802-8 Lisa Street$395k

The 5 closest of 6 active listings nearby.

See all comparable homes
505kThis home539k540k500k560k395kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $478K
$389this home / sqft
53active listings nearby
107days on market

This home lists 6% below the area average of $416/sqft.

85 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
$2,302/mo
$116KIncome needed
4.3×Price ÷ income
$531Weekly 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.

67%mortgage
Mortgage $2,302Property tax $263Condo fee $879Total carry $3,444

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)
$2,156per month

Mortgage amount $403,999 · 4.14% over 25 years

$101,000Down payment (20.0%)
$403,999Loan before insurance
$0CMHC premium
$3,298Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,156
Property tax
$263
Condo / maintenance fees
$879
Heating
$0
Estimated monthly cost
$3,298

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

One-time closing costs

Ontario land transfer tax
$6,575
Estimated closing costs
$6,575

Plus your down payment of $101,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,619/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

$242,768Total interest paid
$646,767Total of all payments
Principal $403,999 Interest $242,768
YearPrincipalInterestBalance
1$9,464$16,406$394,535
2$9,860$16,010$384,675
3$10,273$15,598$374,402
4$10,702$15,168$363,700
5$11,150$14,721$352,550
6$11,616$14,254$340,933
7$12,102$13,768$328,831
8$12,608$13,262$316,223
9$13,136$12,735$303,087
10$13,685$12,185$289,402
11$14,258$11,613$275,144
12$14,854$11,017$260,290
13$15,475$10,395$244,814
14$16,123$9,748$228,691
15$16,797$9,074$211,894
16$17,500$8,371$194,394
17$18,232$7,639$176,163
18$18,994$6,876$157,168
19$19,789$6,082$137,380
20$20,617$5,254$116,763
21$21,479$4,392$95,284
22$22,377$3,493$72,907
23$23,313$2,557$49,593
24$24,289$1,582$25,305
25$25,305$566$0

At the end of your 5-year term

Total paid over the term
$129,353
Principal paid down
$51,449
Interest paid
$77,904
Balance remaining
$352,550

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$4,100/mo
$49,200Gross annual rent
5.8%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.

9.7%
Gross yield
− Property tax $3,158− Condo fees $10,545− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,485

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

CallRequest a showing