502-18 Knightsbridge Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W12991124

$499,000
For Sale
Listed 95 days ago
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3Bedrooms
2Bathrooms
1Parking
1200-1399Sq Ft

About this home

Welcome to this beautifully updated and spacious 3-bedroom, 2-bathroom corner suite at 18 Knightsbridge Rd, Unit 502. This bright and inviting home features a modern open-concept layout with large windows that bring in abundant natural light. The generous living and dining area is ideal for entertaining and flows seamlessly into an enclosed balcony, perfect for unwinding while enjoying impressive city skyline views. The unit is finished with quality laminate flooring throughout, offering a sleek, carpet-free interior. Conveniently located in a prime area, just steps to Bramalea City Centre, Brampton Library, GO Station, transit terminal, Chinguacousy Park, excellent schools, major highways, healthcare facilities, and dining options. Residents enjoy access to great amenities including an outdoor pool, gym, and 24-hour security, along with easy access to the airport. An excellent opportunity to own a stylish, move-in ready home at an affordable price.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12991124
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Bramalea Road / Knightsbridge Road
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$757/mo
Exposure
West
Property tax
$2,545 / 2025
Days on market
95
Listing brokerage
Gold Estate Realty Inc.

Rooms

Bedroom 2Flat3.02 × 3.28 m
Living RoomFlat6.60 × 3.76 m
KitchenFlat4.06 × 2.26 m
Primary BedroomFlat5.16 × 3.63 m
Dining RoomFlat3.56 × 2.44 m
Bedroom 3Flat3.43 × 3.56 m
Moe’s TakeTeam Asgarian · Broker
In line
$479Kest. value

Listed at $499,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $473K, 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 $445K
  • Adjusts to $445K

That comparable adjusts to $445K; the $479K estimate above is the median of all 13 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. Knightsbridge Rd w/of Bramalea Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$421KGreat deal$500KOverpriced

Total price vs nearby homes. Fair value about $479K, median of 13 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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$485kavg asking

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

2207-8 Lisa Street$500k407-8 Lisa Street$500k2108-8 Lisa Street$496k308-3 Lisa Street$479k912-18 Knightsbridge Road$450k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home500k500k496k479k450kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $489K
$384this home / sqft
60active listings nearby
95days on market

This home lists 7% below the area average of $414/sqft.

73 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: Knightsbridge Rd w/of Bramalea Rd, about 75 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
$2,274/mo
$111KIncome needed
4.5×Price ÷ income
$525Weekly 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.

70%mortgage
Mortgage $2,274Property tax $212Condo fee $757Total carry $3,243

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,099Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$212
Condo / maintenance fees
$757
Heating
$0
Estimated monthly cost
$3,099

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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
6.3%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.

9.9%
Gross yield
− Property tax $2,545− Condo fees $9,084− Insurance $600− Vacancy & upkeep $5,412Net operating income $31,559

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Gold Estate Realty Inc.. MLS®/PropTx.

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