8 Robert Parkinson Drive, Brampton, ON

Northwest Brampton, Brampton · MLS® W13209658

$950,000
For Sale
Listed 51 days ago
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5Bedrooms
4Bathrooms
1Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome to this beautifully upgraded home in the sought-after Northwest Brampton community, offering the perfect blend of comfort, Situated on a premium ravine lot and conveniently. located close to the Creditview Activity Hub, public transit, schools, and the GO Station. Featuring spacious bedrooms, generous living areas, modern finishes, and plenty of natural light throughout, this home is designed for both everyday living and entertaining. A versatile bonus room near the entrance offers the flexibility to be used as a home office, guest room, or additional bedroom. Added income potential with a recently renovated 2 Bedroom LEGAL BASEMENT walkout BASEMENT featuring 2 bedrooms, kitchen, and living area, plus a AAA tenant already in place for immediate rental income. A fantastic opportunity for families and investors alike!Extras:Lovely 3 Bed, Ceramic Backsplash, Center Island, Walk Out To Deck And Pond View From Kitchen, Stainless Steel Appliances, 9 Feet Ceiling On Main Level. Hardwood Floors On Main Level. Oak Stairs. Spacious Bedrooms. W/O Access To The Garage & Fenced Backyard. Close To All Amenities And Mount Pleasant Go Station. Premium Lot Backing On To The Pond, No Backyard Neighbors!Investors Dream as upstairs and downstairs tenants willing to stay .

Key facts

Property type
Detached, 2-Storey
MLS®
W13209658
Bedrooms
5 (3 + 2)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
30.06 × 88 ft
Cross streets
Creditview & Sandlewood
Parking
1 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,991 / 2025
Days on market
51
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Bedroom 2Basement3.19 × 3.24 m

Laminate

Primary BedroomSecond4.24 × 4.15 m

broadloom · 4 pc ensuite · overlooks ravine

Bedroom 2Second3.87 × 3.21 m

Broadloom

Bedroom 3Second3.09 × 3.45 m

Broadloom

KitchenMain3.05 × 3.24 m

centre island · breakfast area · w/o to deck

BedroomBasement3.87 × 3.21 m

laminate · walk-in closet(s)

Family RoomBasement3.35 × 3.24 m

laminate · walk-out

Living RoomMain6.09 × 3.34 m

Hardwood Floor

Family RoomMain3.35 × 3.24 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$969Kest. value

Listed at $950,000, this home is about 2% 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 ($543/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $874K, 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 $995K
  • Bedrooms −$30K
  • Adjusts to $965K

That comparable adjusts to $965K; the $969K estimate above is the median of all 7 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$950KGreat deal$1.03MOverpriced

Total price vs nearby homes. Fair value about $969K, median of 7 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Northwest Brampton · asking prices
$1.19Mavg asking

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

58 Veterans Drive$969k171 Buick Boulevard$1.11M68 Circus Crescent$1.50M

The 3 closest active listings nearby.

See all comparable homes
950kThis home969k1.11M1.50MThis home vs active comparables
Live market pulseActive comparables in Northwest Brampton · median list $1.07M
$543this home / sqft
36active listings nearby
51days on market

This home lists 5% below the area average of $573/sqft.

49 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

Northwest 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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 Meadow
$902K
Northwest Sandalwood Parkway
$1.05M
Credit Valley
$1.24M
Northwood Park
$999K
Heart Lake West
$829K

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
$4,330/mo
$185KIncome needed
5.1×Price ÷ income
$999Weekly 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 $4,330Property tax $499Total carry $4,829

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)
$4,056per month

Mortgage amount $760,000 · 4.14% over 25 years

$190,000Down payment (20.0%)
$760,000Loan before insurance
$0CMHC premium
$4,555Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,056
Property tax
$499
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,555

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

One-time closing costs

Ontario land transfer tax
$15,475
Estimated closing costs
$15,475

Plus your down payment of $190,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,926/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

$456,693Total interest paid
$1,216,693Total of all payments
Principal $760,000 Interest $456,693
YearPrincipalInterestBalance
1$17,804$30,864$742,196
2$18,549$30,119$723,647
3$19,325$29,343$704,322
4$20,133$28,535$684,189
5$20,975$27,692$663,214
6$21,853$26,815$641,361
7$22,767$25,901$618,595
8$23,719$24,949$594,876
9$24,711$23,957$570,165
10$25,745$22,923$544,420
11$26,822$21,846$517,598
12$27,943$20,724$489,655
13$29,112$19,555$460,542
14$30,330$18,338$430,212
15$31,599$17,069$398,614
16$32,920$15,747$365,693
17$34,297$14,370$331,396
18$35,732$12,936$295,664
19$37,227$11,441$258,437
20$38,784$9,884$219,653
21$40,406$8,262$179,247
22$42,096$6,572$137,151
23$43,857$4,811$93,294
24$45,691$2,976$47,603
25$47,603$1,065$0

At the end of your 5-year term

Total paid over the term
$243,339
Principal paid down
$96,786
Interest paid
$146,552
Balance remaining
$663,214

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
2.8%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.

4.0%
Gross yield
− Property tax $5,991− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,251

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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