59 Royce Avenue, Brampton, ON

Downtown Brampton, Brampton · MLS® W12956838

$999,000
For Sale
Listed 104 days ago
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4Bedrooms
4Bathrooms
1Garage · 4 parking
1100-1500Sq Ft

About this home

Welcome to this exceptional home located on a quiet cul-de-sac, backing onto beautiful green space with no through traffic-offering privacy, serenity, and an ideal family setting. One of the standout features of this property is the fully finished legal basement apartment, presenting excellent income potential or multi-generational living opportunities. In 2017, the home was enhanced with a luxurious 4th-level primary bedroom retreat, complete with a spacious walk-in closet and a well-appointed 5-piece ensuite featuring a standalone soaker tub and separate shower. The lower level offers three additional generously sized bedrooms and a den, including one bedroom that was previously the original primary suite with its own 3-piece ensuite. Another 3-piece bathroom is also located on this level along with a large therapeutic tub. The main level showcases a beautifully designed eat-in kitchen and a bright, open living area perfect for entertaining or everyday family living. The finished basement expands the living space even further and includes a cozy family room with a gas fireplace, a 3-piece bathroom, and an additional bedroom. The basement also features a walk-out to the backyard and hot tub area, making it a versatile space for relaxation or additional accommodation. With its legal basement apartment, thoughtful layout, and multiple living areas, this home offers excellent flexibility for families, investors, or buyers seeking rental income opportunities. Extras: Backing onto green space and located at the end of a quiet cul-de-sac, providing added privacy and minimal traffic. Conveniently situated close to public transit, GO Train station, downtown core, and major shopping including grocery stores. Roof and furnace replaced in 2017.

Key facts

Property type
Detached, 2-Storey
MLS®
W12956838
Bedrooms
4
Bathrooms
4
Size
1100-1500
Lot
50 × 112.93 ft
Cross streets
QUEEN/MCLAUGHLIN
Parking
1 garage · 4 parking (carport)
Driveway
Available
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,217 / 2026
Days on market
104
Listing brokerage
RE/MAX GOLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, this is a very walkable address with everyday errands close by. Queen St W opp Mercer Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$845kavg asking

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

36 Platform Crescent$940k49 Robert Parkinson Drive$799k29 Tralee Street$796k

The 3 closest active listings nearby.

See all comparable homes
999kThis home940k799k796kThis home vs active comparables
Live market pulseActive comparables in Downtown Brampton · median list $875K
$768this home / sqft
6active listings nearby
104days on market

This home lists 36% above the area average of $563/sqft.

103 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

Downtown Brampton, 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

81/ 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: Queen St W opp Mercer Dr, about 246 m away

20+ transit stops4 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.

Northwood Park
$999K
Fletcher's West
$969K
Brampton East
$816K
Credit Valley
$1.34M
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
$4,553/mo
$191KIncome needed
5.2×Price ÷ income
$1,051Weekly 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.

91%mortgage
Mortgage $4,553Property tax $435Total carry $4,988

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)
$4,265per month

Mortgage amount $799,200 · 4.14% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,700Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,265
Property tax
$435
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,700

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,180/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

$480,248Total interest paid
$1,279,448Total of all payments
Principal $799,200 Interest $480,248
YearPrincipalInterestBalance
1$18,722$32,455$780,478
2$19,506$31,672$760,972
3$20,322$30,856$740,650
4$21,172$30,006$719,479
5$22,057$29,121$697,422
6$22,980$28,198$674,442
7$23,941$27,237$650,501
8$24,942$26,236$625,559
9$25,986$25,192$599,573
10$27,073$24,105$572,500
11$28,205$22,973$544,295
12$29,385$21,793$514,911
13$30,614$20,564$484,297
14$31,894$19,284$452,402
15$33,229$17,949$419,174
16$34,618$16,560$384,555
17$36,066$15,111$348,489
18$37,575$13,603$310,914
19$39,147$12,031$271,767
20$40,784$10,394$230,983
21$42,490$8,688$188,493
22$44,267$6,910$144,225
23$46,119$5,059$98,106
24$48,048$3,130$50,058
25$50,058$1,120$0

At the end of your 5-year term

Total paid over the term
$255,890
Principal paid down
$101,778
Interest paid
$154,111
Balance remaining
$697,422

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
1.8%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.

2.8%
Gross yield
− Property tax $5,217− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,947

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

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