409-188 Mill Street, Brampton, ON

Brampton South, Brampton · MLS® W13249780

$439,900
For Sale
Listed 42 days ago
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2Bedrooms
1Bathrooms
1Garage
900-999Sq Ft

About this home

Discover this rare condo that offers the space, character, and views rarely found at this price point. This beautifully upgraded two-level home offers 1,000 sq. ft. of thoughtfully designed living space, with a distinctive loft-inspired layout that feels more like a townhouse than a typical condo. Almost wall-to-wall windows on both the NE and SW sides fill the home with natural light and enhance the sense of openness, with peaceful views of Etobicoke Creek, the cherry blossoms in Archdekin Park, and the Toronto skyline. Inside, you'll find two generously sized bedrooms, premium hardwood floors installed in 2025, elegant stone tile, and a chef-inspired kitchen with quartz countertops, stainless steel appliances, stylish sconce lighting, and an oversized custom island. The spacious living and dining areas open onto an full length balcony--perfect for relaxing, entertaining, or enjoying the views. The building's interior common areas have been newly upgraded, creating a fresh, contemporary look and feel throughout. Located in the heart of Downtown Brampton, this unique condo is steps from the GO Station, Gage Park, Garden Square, the Rose Theatre, Algoma University, Miles of walking trails, cafés, restaurants, shops, and the Farmers' Market. An ideal choice for first-time buyers, professionals, commuters, downsizers, or investors seeking generous space and a vibrant, walkable lifestyle. Book a private viewing to experience this unique space for yourself.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
W13249780
Bedrooms
2
Bathrooms
1
Size
900-999
Cross streets
West from Hurontario St (Main St), N of Elgin Dr
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Flat
Maintenance
$816/mo
Exposure
North East
Property tax
$3,122 / 2025
Days on market
42
Listing brokerage
JN REALTY

Rooms

LockerMain2.44 × 1.83 m
Living RoomSecond6.02 × 5.89 m

combined w/dining · hardwood floor · large window

LaundryMain1.07 × 0.60 m
Primary BedroomMain4.08 × 3.13 m

hardwood floor · large window · double closet

Bedroom 2Main4.66 × 2.86 m

hardwood floor · large window · double closet

Dining RoomSecond6.03 × 4.15 m

combined w/living · hardwood floor · w/o to balcony

BathroomMain2.15 × 1.46 m

3 pc bath · walk-in bath

KitchenSecond4.05 × 2.82 m

open concept · centre island · quartz counter

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. Main St. S. @ Nanwood Dr. is about a 2-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.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Brampton South · asking prices
$411kavg asking

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

204-188 Mill Street$420k218-8351 McLaughlin Road$360k407-8351 Mclaughlin Road$450k304-320 Mill Street$400k512-310 Mill Street$425k

The 5 closest of 8 active listings nearby.

See all comparable homes
440kThis home420k360k450k400k425kThis home vs active comparables
Live market pulseActive comparables in Brampton South · median list $387K
$463this home / sqft
17active listings nearby
42days on market

This home lists 25% above the area average of $371/sqft.

20 days longer than the Brampton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Brampton 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

76/ 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: Main St. S. @ Nanwood Dr., about 181 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.

Downtown Brampton
$454K
Fletcher's Creek South
$489K
Queen Street Corridor
$470K
Bram West
$495K
Northwest Brampton
$475K

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
$2,005/mo
$104KIncome needed
4.2×Price ÷ income
$463Weekly 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.

65%mortgage
Mortgage $2,005Property tax $260Condo fee $816Total carry $3,081

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)
$1,878per month

Mortgage amount $351,920 · 4.14% over 25 years

$87,980Down payment (20.0%)
$351,920Loan before insurance
$0CMHC premium
$2,954Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,878
Property tax
$260
Condo / maintenance fees
$816
Heating
$0
Estimated monthly cost
$2,954

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

One-time closing costs

Ontario land transfer tax
$5,273
Estimated closing costs
$5,273

Plus your down payment of $87,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,281/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

$211,473Total interest paid
$563,393Total of all payments
Principal $351,920 Interest $211,473
YearPrincipalInterestBalance
1$8,244$14,291$343,676
2$8,589$13,947$335,087
3$8,948$13,587$326,138
4$9,323$13,213$316,816
5$9,713$12,823$307,103
6$10,119$12,417$296,984
7$10,542$11,994$286,442
8$10,983$11,553$275,459
9$11,443$11,093$264,016
10$11,921$10,615$252,095
11$12,420$10,116$239,675
12$12,939$9,596$226,736
13$13,481$9,055$213,255
14$14,044$8,491$199,211
15$14,632$7,904$184,579
16$15,244$7,292$169,335
17$15,882$6,654$153,454
18$16,546$5,990$136,908
19$17,238$5,298$119,670
20$17,959$4,577$101,711
21$18,710$3,826$83,001
22$19,493$3,043$63,508
23$20,308$2,228$43,200
24$21,158$1,378$22,043
25$22,043$493$0

At the end of your 5-year term

Total paid over the term
$112,679
Principal paid down
$44,817
Interest paid
$67,861
Balance remaining
$307,103

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$3,050/mo
$36,600Gross annual rent
4.3%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.

8.3%
Gross yield
− Property tax $3,122− Condo fees $9,790− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,062

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

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