502-180 Veterans Drive, Brampton, ON

Northwest Brampton, Brampton · MLS® W12994322

$389,900
For Sale
Listed 94 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Sold under POWER OF SALE. "sold" as is - where is. Stunning 1-Bedroom + Den Unit Offering 664 Sq Ft (Builder Plans). Relax on a generous 38 Sq Ft walk-out balcony accessible from the kitchen/dining area. Bright and airy with expansive floor-to-ceiling windows and an open-concept design. Features include an accent wall in the living room, quartz countertops, and stainless steel appliances. Comes with an underground parking spot and a storage locker. Conveniently located near Mount Pleasant GO Station, schools, parks, and shopping.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12994322
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Sandalwood & Mississauga Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$574/mo
Exposure
North
Property tax
$3,470 / 2025
Days on market
94
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain1.08 × 0.38 m

stainless steel appl · quartz counter · combined w/dining

Living RoomMain4.00 × 5.48 m

window floor to ceiling · open concept · combined w/dining

BedroomMain2.46 × 3.26 m

window floor to ceiling · laminate

DenMain2.25 × 2.43 m

laminate · open concept

Moe’s TakeTeam Asgarian · Broker
Below comparables
$435Kest. value

Listed at $389,900, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $470K, 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 $450K
  • Bathrooms −$15K
  • Adjusts to $435K

That comparable adjusts to $435K; the $435K estimate above is the median of all 7 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. Veterans Dr s/of Sandalwood Pkwy is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$390KGreat deal$486KOverpriced

Total price vs nearby homes. Fair value about $435K, median of 7 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.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Northwest Brampton · asking prices
$447kavg asking

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

412-70 Baycliffe Crescent$439k1203-225 Veterans Drive$399k1206-225 Veterans Drive$450k1201-225 Veterans Drive$450k607-225 Veterans Drive$499k

The 5 closest of 7 active listings nearby.

See all comparable homes
390kThis home439k399k450k450k499kThis home vs active comparables
Live market pulseActive comparables in Northwest Brampton · median list $498K
$600this home / sqft
12active listings nearby
94days on market

This home lists 14% below the area average of $700/sqft.

72 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

Northwest 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

70/ 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: Veterans Dr s/of Sandalwood Pkwy, about 74 m away

20+ transit stops1 grocery11 dining20+ parks2 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
Bram West
$495K
Brampton South
$369K
Sandringham-Wellington
$569K
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
$1,777/mo
$92KIncome needed
4.2×Price ÷ income
$410Weekly 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 $1,777Property tax $289Condo fee $574Total carry $2,640

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)
$1,665per month

Mortgage amount $311,920 · 4.14% over 25 years

$77,980Down payment (20.0%)
$311,920Loan before insurance
$0CMHC premium
$2,528Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,665
Property tax
$289
Condo / maintenance fees
$574
Heating
$0
Estimated monthly cost
$2,528

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

One-time closing costs

Ontario land transfer tax
$4,324
Estimated closing costs
$4,324

Plus your down payment of $77,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,022/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

$187,436Total interest paid
$499,356Total of all payments
Principal $311,920 Interest $187,436
YearPrincipalInterestBalance
1$7,307$12,667$304,613
2$7,613$12,361$297,000
3$7,931$12,043$289,069
4$8,263$11,711$280,806
5$8,609$11,366$272,197
6$8,969$11,005$263,228
7$9,344$10,630$253,884
8$9,735$10,239$244,149
9$10,142$9,832$234,008
10$10,566$9,408$223,441
11$11,008$8,966$212,433
12$11,469$8,506$200,965
13$11,948$8,026$189,016
14$12,448$7,526$176,568
15$12,969$7,005$163,599
16$13,511$6,463$150,088
17$14,076$5,898$136,012
18$14,665$5,309$121,347
19$15,279$4,696$106,068
20$15,918$4,057$90,150
21$16,583$3,391$73,567
22$17,277$2,697$56,290
23$18,000$1,974$38,290
24$18,753$1,222$19,537
25$19,537$437$0

At the end of your 5-year term

Total paid over the term
$99,871
Principal paid down
$39,723
Interest paid
$60,148
Balance remaining
$272,197

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$2,050/mo
$24,600Gross annual rent
2.8%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.

6.3%
Gross yield
− Property tax $3,470− Condo fees $6,890− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,934

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

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