16 Clearjoy Street, Brampton, ON
Madoc, Brampton · MLS® W13145220
About this home
This is It!! This fully upgraded, beautifully designed luxurious home comes with premium finishes, 4 Br + 2 Br (1 Br Legal Bsmt +1 Br In-law Suite), 5 - bathrooms, 2 Car - Garage, 4 Driveway parking, detached home located in prestigious Lakelands Community - Hwy 410/Bovaird! The main level features unique layout with an open-concept separate living, Family, combined with dining area & Breakfast Area!! hardwood floors throughout, large windows, and a modern kitchen equipped with stainless steel appliances, quartz countertops, and stylish backsplash!! A cozy family room offers the perfect spot for relaxing or entertaining!! 2nd Floor - boasts 4 generous bedrooms, including a primary suite with a walk-in closet, 5-piece ensuite plus 3 Large size Bedrooms and an open concept office area!! The fully finished 1 Br legal basement comes with a full kitchen & fully functional laundry, and a Bonus 1 Br In-law Suite for personal use!! Basement currently providing $2,600 in rent (great help with mortgage)! Outdoor highlights include a fully fenced backyard, Small Deck & Gazebo offering tranquility and privacy, an extended driveway with ample parking, and a welcoming front porch!! Conveniently located near schools, parks, shopping, public transit, and lake, this home offers everything your family needs in a prime location. Move-in ready and loaded with value - don't miss your chance to own this exceptional property at 16 Clearjoy St, Brampton!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13145220
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 36.09 × 109.91 ft
- Cross streets
- WILLIAM PKW & SOUTHLAKE BLVD
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,948 / 2026
- Days on market
- 59
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
combined w/living · open concept
Combined w/Family
ceramic floor · walk-out
hardwood floor · combined w/living
hardwood floor · closet
hardwood floor · fireplace
hardwood floor · open concept
hardwood floor · closet
hardwood floor · closet
Laminate
walk-in closet(s) · hardwood floor
hardwood floor · combined w/dining
Laminate
Listed at $1,199,300, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Madoc, so I widened the search to the surrounding area.
Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.09M, 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 $1.20M
- Adjusts to $1.20M
That comparable adjusts to $1.20M; the $1.20M estimate above is the median of all 14 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. Bovaird Dr. E. @ Southlake Blvd. is about a 7-minute walk away.
Total price vs nearby homes. Fair value about $1.20M, median of 14 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.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 13% below the area average of $500/sqft.
57 days longer than the Brampton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Madoc, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bovaird Dr. E. @ Southlake Blvd., about 547 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $959,440 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,120
- Property tax
- $662
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,782
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,461
- Estimated closing costs
- $20,461
Plus your down payment of $239,860. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $307,196
- Principal paid down
- $122,185
- Interest paid
- $185,011
- Balance remaining
- $837,255
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.