12 Homer Square, Brampton, ON

Central Park, Brampton · MLS® W13126372

$649,000
For Sale
Listed 65 days ago
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3Bedrooms
2Bathrooms
2Parking
700-1100Sq Ft

About this home

Welcome to 12 Homer Sq!! A beautifully maintained 2-storey detached home located in the desirable Central Park community of Brampton. Pride of ownership is evident throughout this well-cared-for home featuring 3 generous-sized bedrooms, 2 full bathrooms, and a functional layout perfect for families. The finished basement offers a walk-out to the fully landscaped backyard and presents excellent potential for an in-law suite or extended family living. Enjoy added comfort with no carpet throughout the home. Situated on a 38 x 69 ft lot backing directly onto a park with no homes behind, this property offers both privacy and convenience. The backyard also features a shed perfectly set up as a workshop space. Driveway comfortably accommodates 2 vehicles. Ideally located close to public transit, Bramalea City Centre, minutes to Highway 410, and within walking distance to parks and schools of all levels.

Key facts

Property type
Detached, 2-Storey
MLS®
W13126372
Bedrooms
3
Bathrooms
2
Size
700-1100
Lot
38.44 × 69.35 ft
Cross streets
Central Park Dr & Bramalea Rd
Parking
2 parking
Driveway
Available
Basement
Walk-Out, Finished
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$3,866 / 2025
Days on market
65
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Dining RoomMain3.40 × 2.66 m
Bedroom 2Second3.64 × 2.36 m
Living RoomMain4.32 × 3.43 m
Primary BedroomSecond3.32 × 3.64 m
KitchenMain3.69 × 2.97 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$699Kest. value

Listed at $649,000, this home is about 7% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($721/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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 $654K, 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 $700K
  • Adjusts to $700K

That comparable adjusts to $700K; the $699K 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Hilldale Cres btwn Homer Sq and Horatio Crt is about a 2-minute walk away.

List price
$649KGreat deal$700KOverpriced

Total price vs nearby homes. Fair value about $699K, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Central Park · asking prices
$675kavg asking

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

7 Hillpark Trail$699k10 Hardcastle Court$700k6 Hector Court$575k3 Holmstead Court$725k

The 4 closest active listings nearby.

See all comparable homes
649kThis home699k700k575k725kThis home vs active comparables
Live market pulseActive comparables in Central Park · median list $700K
$721this home / sqft
7active listings nearby
65days on market

This home lists 6% below the area average of $766/sqft.

63 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

Central Park, 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

56/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Hilldale Cres btwn Homer Sq and Horatio Crt, about 121 m away

20+ transit stops3 grocery20+ dining20+ parks9 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.

Southgate
$799K
Sandringham-Wellington
$1.07M
Heart Lake West
$829K
Brampton East
$816K
Snelgrove
$1.25M

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
$2,958/mo
$127KIncome needed
5.1×Price ÷ income
$683Weekly 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 $2,958Property tax $322Total carry $3,280

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,093Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$322
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,093

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

One-time closing costs

Ontario land transfer tax
$9,455
Estimated closing costs
$9,455

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/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

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

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$1,450/mo
$17,400Gross annual rent
1.6%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.

2.7%
Gross yield
− Property tax $3,866− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,220

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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