127 Queen Street, Brampton, ON

Downtown Brampton, Brampton · MLS® W13091942

$1,449,000
For Sale
Listed 72 days ago
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2Bathrooms
10Parking
1500-2000Sq Ft

About this home

Prime downtown Brampton Corner property with flexible CMU1 zoning. Presently being used as a Hair Salon. Permitted uses include retail, office, medical, daycare, restaurants, art studios & more. High-traffic location steps to GO, City Hall & major developments. Ideal for owner-users or redevelopment.

Key facts

Property type
Detached, 2-Storey
MLS®
W13091942
Bathrooms
2 (2 half)
Size
1500-2000
Lot
60 × 66 ft
Cross streets
Queen Street W & Mill Street S
Parking
10 parking
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,834 / 2025
Days on market
72
Listing brokerage
RE/MAX REALTY SERVICES INC.

Listing history

  1. May 6, 2026Listed$1,449,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

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 at Mill St S is about a 1-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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Downtown Brampton · asking prices
$935kavg asking

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

281 Main Street$1.30M24 Peel Avenue$900k19 Isabella Street$899k123 Mill Street$800k24 Mill Street$775k

The 5 closest of 7 active listings nearby.

See all comparable homes
1.45MThis home1.30M900k899k800k775kThis home vs active comparables
Live market pulseActive comparables in Downtown Brampton · median list $899K
$828this home / sqft
15active listings nearby
72days on market

This home lists 38% above the area average of $599/sqft.

71 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

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: Queen St W at Mill St S, about 31 m away

20+ transit stops6 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.

Northwood Park
$999K
Brampton East
$816K
Fletcher's West
$969K
Heart Lake West
$811K
Credit Valley
$1.34M

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
$6,604/mo
$279KIncome needed
5.2×Price ÷ income
$1,524Weekly 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.

90%mortgage
Mortgage $6,604Property tax $736Total carry $7,340

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)
$6,186per month

Mortgage amount $1,159,200 · 4.14% over 25 years

$289,800Down payment (20.0%)
$1,159,200Loan before insurance
$0CMHC premium
$6,922Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,186
Property tax
$736
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,922

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

One-time closing costs

Ontario land transfer tax
$25,455
Estimated closing costs
$25,455

Plus your down payment of $289,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,513/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

$696,576Total interest paid
$1,855,776Total of all payments
Principal $1,159,200 Interest $696,576
YearPrincipalInterestBalance
1$27,156$47,075$1,132,044
2$28,292$45,939$1,103,752
3$29,475$44,756$1,074,277
4$30,708$43,523$1,043,568
5$31,993$42,238$1,011,576
6$33,331$40,900$978,245
7$34,725$39,506$943,520
8$36,178$38,053$907,342
9$37,691$36,540$869,651
10$39,267$34,964$830,383
11$40,910$33,321$789,474
12$42,621$31,610$746,852
13$44,404$29,827$702,448
14$46,261$27,970$656,187
15$48,196$26,035$607,991
16$50,212$24,019$557,779
17$52,313$21,918$505,466
18$54,501$19,730$450,965
19$56,780$17,451$394,185
20$59,155$15,076$335,029
21$61,630$12,601$273,399
22$64,208$10,023$209,192
23$66,893$7,338$142,298
24$69,692$4,540$72,607
25$72,607$1,624$0

At the end of your 5-year term

Total paid over the term
$371,155
Principal paid down
$147,624
Interest paid
$223,531
Balance remaining
$1,011,576

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$3,150/mo
$37,800Gross annual rent
1.6%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.

2.6%
Gross yield
− Property tax $8,834− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,408

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

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