15 Epsom Downs Drive, Brampton, ON

Southgate, Brampton · MLS® W13064156

$968,800
For Sale
Listed 78 days ago
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5Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

Prime Investment Opportunity & Detached Bungalow. ATTENTION INVESTORS & MULTI-GENERATIONAL BUYERS! This is an incredible opportunity to own a meticulously maintained, turn-key income property situated on a premium 50' x 120' lot. This all-brick detached bungalow is strategically designed with dual rental potential, featuring a completely independent lower-level suite and separate outdoor living spaces. Main Level: Spacious 3-bedroom floor plan featuring crown moulding and premium Berber broadloom over original strip oak hardwood.Kitchen: Updated with elegant almond cabinetry with pantry, upgraded ceramics, and brand-new fridge and stove.Primary Suite: Features a rare walk-in closet; 2nd bedroom offers a walk-out to a private deck.Laundry: Dedicated main-floor laundry closet with a new stackable washer/dryer.Lower Level: High-Yield Income Suite Access: Completely separate side entrance leading to a bright, finished 2-bedroom basement apartment. Features: Above-grade windows for natural light, a second full kitchen, and an updated 3-piece bath. Bonus: Independent laundry room with newer appliances and a private patio area in the backyard specifically for lower-level occupants.Mechanicals & Upgrades: Roof/Eaves/Soffits/Facia: Completely replaced (2014).HVAC: New Central Air (2021) and high-efficiency furnace (2008) with a consistent Enercare maintenance record.Electrical: Upgraded circuit breaker panel and vinyl windows throughout.Exterior & Location:The property boasts a 4-car interlock driveway and an attached garage with an insulated door and remote access with door to backyard patio. Located on a quiet, tree-lined crescent, your tenants or family are steps away from schools, parks, and the No Frills Plaza. Only a 5-minute drive to Bramalea City Centre and Chinguacousy Park.Don't miss this "hidden gem"-a rare find that combines pride of ownership with a proven income-generating layout!

Key facts

Property type
Detached, Bungalow
MLS®
W13064156
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
50 × 120 ft
Cross streets
Bramalea/Balmoral
Parking
1 garage · 5 parking (attached)
Driveway
Private Double
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,487 / 2026
Days on market
78
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenLower6.40 × 3.35 m

open concept · combined w/dining

KitchenUpper3.30 × 3.04 m

ceramic floor · updated · pantry

LaundryUpper0.00 × 0.00 m

Closet

Bedroom 5Lower2.95 × 2.19 m

above grade window · broadloom

Bedroom 3Upper3.17 × 3.04 m

hardwood floor · closet · window

LaundryLower0.00 × 0.00 m

laundry sink · concrete floor · window

Bedroom 2Upper3.56 × 2.77 m

hardwood floor · w/o to deck · sliding doors

Primary BedroomUpper4.17 × 3.04 m

hardwood floor · walk-in closet(s) · window

Dining RoomUpper3.30 × 2.86 m

hardwood floor · combined w/living

Living RoomLower6.40 × 3.35 m

open concept · combined w/kitchen

Bedroom 4Lower3.17 × 3.04 m

above grade window · broadloom

Living RoomUpper5.66 × 3.65 m

hardwood floor · bay window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$899Kest. value

Listed at $968,800, this home is about 8% above what comparable homes suggest. 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 $840K, 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 $879K
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $894K

That comparable adjusts to $894K; the $899K 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. Eastbourne Dr at Balmoral Dr is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$894KGreat deal$969KOverpriced

Total price vs nearby homes. Fair value about $899K, 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.

  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Southgate · asking prices
$871kavg asking

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

53 Dorchester Drive$888k20 Dunblaine Crescent$869k17 Duke Road$749k40 Devonshire Drive$969k37 Devonshire Drive$879k

The 5 closest active listings nearby.

See all comparable homes
969kThis home888k869k749k969k879kThis home vs active comparables
Live market pulseActive comparables in Southgate · median list $879K
$745this home / sqft
5active listings nearby
78days on market

This home lists 11% above the area average of $670/sqft.

77 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

Southgate, 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

76/ 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: Eastbourne Dr at Balmoral Dr, about 397 m away

20+ transit stops3 grocery20+ dining20+ parks7 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.

Central Park
$840K
Brampton East
$816K
Sandringham-Wellington
$1.07M
Bram East
$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
$4,415/mo
$186KIncome needed
5.2×Price ÷ income
$1,019Weekly 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 $4,415Property tax $457Total carry $4,873

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)
$4,136per month

Mortgage amount $775,040 · 4.14% over 25 years

$193,760Down payment (20.0%)
$775,040Loan before insurance
$0CMHC premium
$4,593Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,136
Property tax
$457
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,593

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

One-time closing costs

Ontario land transfer tax
$15,851
Estimated closing costs
$15,851

Plus your down payment of $193,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,023/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

$465,730Total interest paid
$1,240,770Total of all payments
Principal $775,040 Interest $465,730
YearPrincipalInterestBalance
1$18,157$31,474$756,883
2$18,916$30,715$737,968
3$19,707$29,924$718,260
4$20,532$29,099$697,729
5$21,390$28,240$676,338
6$22,285$27,346$654,053
7$23,217$26,414$630,836
8$24,188$25,442$606,648
9$25,200$24,431$581,448
10$26,254$23,377$555,194
11$27,352$22,278$527,841
12$28,496$21,134$499,345
13$29,688$19,942$469,656
14$30,930$18,701$438,726
15$32,224$17,407$406,502
16$33,572$16,059$372,930
17$34,976$14,655$337,954
18$36,439$13,192$301,515
19$37,963$11,667$263,552
20$39,551$10,080$224,000
21$41,206$8,425$182,795
22$42,929$6,702$139,865
23$44,725$4,906$95,140
24$46,596$3,035$48,545
25$48,545$1,086$0

At the end of your 5-year term

Total paid over the term
$248,154
Principal paid down
$98,702
Interest paid
$149,453
Balance remaining
$676,338

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 $5,487− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,677

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

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