556 RAY LAWSON Boulevard, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13101600

$1,689,000
For Sale
Listed 70 days ago
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5Bedrooms
4Bathrooms
3Garage · 8 parking
3000-3500Sq Ft

About this home

Step into this beautifully upgraded home offering over 4500 sq. ft. of thoughtfully designed living space, perfectly blending comfort, style, and versatility. Featuring a rare 3-car garage and an exceptional layout, this impressive residence is ideal for large or multi-generational families. The upper level offers 4 spacious bedrooms, while the finished basement includes an additional bedroom. A main-floor den adds valuable flexibility and can easily function as a 6th bedroom, private office, or guest suite.Designed for modern living, the home features two separate laundry areas and two fully renovated kitchens, making it ideal for extended family accommodations or effortless entertaining. One of the kitchens showcases a spectacular oversized island (approximately 8 ft x 2.35 ft), complemented by premium finishes and quality craftsmanship throughout.Extensive upgrades enhance every corner of the home, including granite flooring, countertops, and backsplash, rich hardwood floors, smooth ceilings, and elegant stone feature walls that add warmth and sophistication. Outside, the professionally landscaped flagstone backyard, walkway, and driveway reflect a substantial investment in both beauty and durability, creating outstanding curb appeal.Additional updates include a newer furnace, central air conditioning system, roof, and garage doors equipped with three electric garage door openers and one remote. With two kitchens and two laundry areas, the property offers excellent income potential. The layout also provides the possibility of creating a separate basement entrance, adding even greater flexibility and future value.Ideally located close to major highways, shopping, schools, community centres, and public transit, this exceptional home delivers the perfect combination of space, functionality, and premium upgrades in a highly sought-after neighbourhood. A truly outstanding property that must be seen to be fully appreciated.

Key facts

Property type
Detached, 2-Storey
MLS®
W13101600
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
78.28 × 112.07 ft
Cross streets
Ray Lawson Blvd and Mclsughlin Rd S
Parking
3 garage · 8 parking (attached)
Driveway
Private Triple
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,972 / 2025
Days on market
70
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

Dining RoomMain3.74 × 3.44 m

Hardwood Floor

LaundryMain2.21 × 2.20 m

Granite Floor

LaundryBasement3.37 × 1.71 m

granite floor · above grade window

Living RoomMain5.04 × 3.44 m

hardwood floor · pot lights

KitchenMain5.94 × 4.12 m

granite floor · centre island · granite counters

RecreationBasement7.30 × 3.68 m

granite floor · above grade window

Primary BedroomSecond7.07 × 3.48 m

hardwood floor · 7 pc bath · walk-in closet(s)

Family RoomMain6.48 × 3.76 m

hardwood floor · pot lights · fireplace

Bedroom 4Second3.59 × 3.02 m

hardwood floor · closet

Bedroom 3Second4.32 × 3.48 m

hardwood floor · closet

DenMain3.42 × 2.89 m

Hardwood Floor

Bedroom 2Second4.46 × 3.48 m

hardwood floor · closet

Bedroom 5Basement4.98 × 3.29 m

stone floor · pot lights · closet

KitchenBasement8.12 × 3.25 m

granite floor · breakfast area · above grade window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.46Mest. value

Listed at $1,689,000, this home is about 16% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($520/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.25M, 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 $1.30M
  • Size difference +$228K
  • Bedrooms −$30K
  • Adjusts to $1.50M

That comparable adjusts to $1.50M; the $1.46M estimate above is the median of all 12 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. Ray Lawson Blvd opp Acadian Heights is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.41MGreat deal$1.69MOverpriced

Total price vs nearby homes. Fair value about $1.46M, median of 12 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Fletcher's Creek South · asking prices
$1.15Mavg asking

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

215 Kingknoll Drive$999k12 O'hara Place$1.30M14 Warrington Court$1.15M

The 3 closest active listings nearby.

See all comparable homes
1.69MThis home999k1.30M1.15MThis home vs active comparables
Live market pulseActive comparables in Fletcher's Creek South · median list $949K
$520this home / sqft
28active listings nearby
70days on market

This home lists 3% above the area average of $506/sqft.

68 days longer than the Brampton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Fletcher's Creek South, 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

74/ 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: Ray Lawson Blvd opp Acadian Heights, about 111 m away

20+ transit stops2 grocery20+ dining20+ parks8 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.

Fletcher's West
$969K
Brampton East
$816K
Bram West
$1.34M
Northwood Park
$999K
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
$7,698/mo
$317KIncome needed
5.3×Price ÷ income
$1,776Weekly 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.

92%mortgage
Mortgage $7,698Property tax $664Total carry $8,362

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,211per month

Mortgage amount $1,351,200 · 4.14% over 25 years

$337,800Down payment (20.0%)
$1,351,200Loan before insurance
$0CMHC premium
$7,875Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,211
Property tax
$664
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,875

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

One-time closing costs

Ontario land transfer tax
$30,255
Estimated closing costs
$30,255

Plus your down payment of $337,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,758/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

$811,951Total interest paid
$2,163,151Total of all payments
Principal $1,351,200 Interest $811,951
YearPrincipalInterestBalance
1$31,654$54,872$1,319,546
2$32,978$53,548$1,286,568
3$34,357$52,169$1,252,211
4$35,795$50,732$1,216,416
5$37,292$49,234$1,179,124
6$38,852$47,674$1,140,273
7$40,477$46,049$1,099,796
8$42,170$44,356$1,057,626
9$43,934$42,592$1,013,693
10$45,771$40,755$967,921
11$47,686$38,840$920,235
12$49,681$36,845$870,555
13$51,759$34,767$818,796
14$53,924$32,602$764,872
15$56,179$30,347$708,693
16$58,529$27,997$650,164
17$60,977$25,549$589,187
18$63,528$22,998$525,659
19$66,185$20,341$459,474
20$68,953$17,573$390,521
21$71,838$14,688$318,683
22$74,843$11,683$243,840
23$77,973$8,553$165,867
24$81,235$5,291$84,633
25$84,633$1,893$0

At the end of your 5-year term

Total paid over the term
$432,630
Principal paid down
$172,076
Interest paid
$260,555
Balance remaining
$1,179,124

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$6,300/mo
$75,600Gross annual rent
3.4%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.

4.5%
Gross yield
− Property tax $7,972− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,912

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

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