1202-1 Belvedere Court, Brampton, ON

Downtown Brampton, Brampton · MLS® W13086284

$499,900
For Sale
Listed 73 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to The Belvedere, one of Brampton's most sought-after boutique buildings in the heart of downtown, offering spacious layouts rarely found in newer bldgs. The "Belfountain" model offers 1,230 sqft interior + 250 sqft terrace. This 2-bdrm, 2-bath, split-bedroom floorplan is the one you've been waiting for. Spacious foyer with marble floors leads to a bright living room with hardwood floors + W/O to expansive terrace with wood tiled floor overlooking the Rose Theater & Market Square. Formal dining room ideal for hosting family dinners. Updated eat-in kitchen with upgraded counters, undermount sink, backsplash + pantry. Two spacious bedrooms (carpet-free) including a primary retreat with W/I closet, 4-pce ensuite (separate shower + soaker tub) + private W/O to the terrace. In-suite laundry with full-size washer/dryer + additional 4-pce bathroom. Other features include 9' ceilings, crown mouldings, extra stand-alone closets in primary bedroom (included), 1 underground parking + 1 storage locker. Walk to the Rose Theater for concerts, theater, dance + shows, just across the street. Access via underground garage to the Rose, no need to even go outside. Steps to the YMCA, Tracks Brew Pub, public library, Lorne Scotts Museum, tennis courts + Farmers Market (Saturday mornings, summer). Walk to Market Square for summer movie nights, outdoor concerts + New Year's Eve fireworks with an excellent view right from your balcony. Visit Gage Park for winter skating + Xmas lights or summer music & a variety of musical performances. Public transit is right at your doorstep: GO Train + GO Bus + Brampton Transit terminal. Future LRT at Main/Steeles will go to Mississauga. Visitor parking under Rose Theater (2 hours free). Well-managed building with minimum term lease rules (12 months, no short-term rentals) + max occupancy limits per unit. Amenities include a party room (rent for a fee), outdoor rooftop terrace with BBQs, exercise area, seasonal car wash + concierge/security.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13086284
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Queen Street & Main Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$896/mo
Exposure
West
Property tax
$4,118 / 2025
Days on market
73
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

BathroomFlat3.32 × 2.44 m

soaking tub · separate shower

Primary BedroomFlat6.45 × 3.81 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

KitchenFlat4.66 × 2.75 m

tile floor · eat-in kitchen · undermount sink

BathroomFlat2.30 × 1.62 m
Living RoomFlat6.24 × 3.44 m

hardwood floor · w/o to terrace · crown moulding

Dining RoomFlat3.52 × 3.51 m

formal rm · overlooks living · crown moulding

Bedroom 2Flat4.40 × 3.40 m

hardwood floor · closet · large window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$607Kest. value

Listed at $499,900, this home is about 18% 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 $537K, a bit lower.

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 $480K
  • Adjusts to $480K

That comparable adjusts to $480K; the $607K 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. Queen St E e/of Theatre Lane is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$500KGreat deal$643KOverpriced

Total price vs nearby homes. Fair value about $607K, 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 · asking prices
$524kavg asking

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

405-1 Belvedere Court$480k1907-22 Hanover Road$539k907-24 Hanover Road$540k1201-22 Hanover Road$500k510-22 Hanover Road$560k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home480k539k540k500k560kThis home vs active comparables
Live market pulseActive comparables in Downtown Brampton · median list $545K
$385this home / sqft
10active listings nearby
73days on market

This home lists 23% below the area average of $500/sqft.

51 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

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

82/ 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 E e/of Theatre Lane, about 29 m away

20+ transit stops7 grocery20+ dining20+ parks20+ 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.

Brampton South
$369K
Fletcher's Creek South
$489K
Queen Street Corridor
$470K
Northwest Brampton
$475K
Bram West
$495K

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
$2,278/mo
$119KIncome needed
4.2×Price ÷ income
$526Weekly 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.

65%mortgage
Mortgage $2,278Property tax $343Condo fee $896Total carry $3,518

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,373Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$343
Condo / maintenance fees
$896
Heating
$0
Estimated monthly cost
$3,373

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
5.7%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.

9.8%
Gross yield
− Property tax $4,118− Condo fees $10,757− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,312

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

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