907-24 Hanover Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13416242

$540,000
For Sale
Listed 39 days ago
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2Bedrooms
2Bathrooms
1Parking
1200-1399Sq Ft

About this home

Beautiful, Spacious 2-bedroom, 2-bathroom condo in one of the area's most sought-after communities. One of the few units in the building that features private balconies with panoramic views. Bright unit with lots of natural light. Located just minutes from Chinguacousy Park, Bramalea City Centre, HWY 410, top-rated schools, and public transit everything you need is at your doorstep. Exceptional Building Amenities Include:Tennis Court, Exercise Rooms, Billiards Room, Indoor Swimming Pool, Sauna 24-Hour Gatehouse/SecurityAnd much more! This condo truly has it all location, luxury, and lifestyle. A must-see opportunity for homebuyers and investors alike. Buyer and buyer's agent to verify all taxes and measurements.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13416242
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Queen St. E/ Dixie Road
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Unknown
Maintenance
$953/mo
Exposure
East
Property tax
$3,110 / 2025
Days on market
39
Listing brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Rooms

Living RoomMain6.40 × 3.30 m

laminate · w/o to balcony

Bedroom 2Main5.23 × 2.88 m

laminate · large closet · large window

BathroomMain1.49 × 2.59 m

2 pc bath · tile floor

OtherMain3.12 × 1.16 m

Laminate

KitchenMain3.34 × 2.70 m

w/o to balcony · tile floor

FoyerMain2.07 × 1.56 m

tile floor · closet

Dining RoomMain3.02 × 3.21 m

Laminate

BathroomMain1.46 × 2.59 m

3 pc ensuite · tile floor

Primary BedroomMain4.87 × 2.35 m

laminate · 3 pc ensuite · large window

LaundryMain1.60 × 1.64 m

Tile Floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$518Kest. value

Listed at $540,000, this home is about 4% 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 ($416/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 $497K, 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 $539K
  • Adjusts to $539K

That comparable adjusts to $539K; the $518K 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, this is a very walkable address with everyday errands close by. Hanover Rd opp Helena Crt is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$505KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $518K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$540kavg asking

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

1907-22 Hanover Road$539k510-22 Hanover Road$560k2107-22 Hanover Road$505k1201-22 Hanover Road$500k2101-24 Hanover Road$598k

The 5 closest of 6 active listings nearby.

See all comparable homes
540kThis home539k560k505k500k598kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $478K
$416this home / sqft
53active listings nearby
39days on market

This home lists 0% above the area average of $415/sqft.

17 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

Queen Street Corridor, 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

82/ 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: Hanover Rd opp Helena Crt, about 60 m away

20+ transit stops6 grocery20+ dining20+ parks10 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
Sandringham-Wellington
$569K
Brampton South
$369K
Goreway Drive Corridor
$575K
Fletcher's Creek South
$489K

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
$2,461/mo
$124KIncome needed
4.4×Price ÷ income
$568Weekly 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.

67%mortgage
Mortgage $2,461Property tax $259Condo fee $953Total carry $3,674

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)
$2,305per month

Mortgage amount $432,000 · 4.14% over 25 years

$108,000Down payment (20.0%)
$432,000Loan before insurance
$0CMHC premium
$3,517Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,305
Property tax
$259
Condo / maintenance fees
$953
Heating
$0
Estimated monthly cost
$3,517

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

One-time closing costs

Ontario land transfer tax
$7,275
Estimated closing costs
$7,275

Plus your down payment of $108,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,800/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

$259,594Total interest paid
$691,594Total of all payments
Principal $432,000 Interest $259,594
YearPrincipalInterestBalance
1$10,120$17,543$421,880
2$10,544$17,120$411,336
3$10,985$16,679$400,352
4$11,444$16,220$388,907
5$11,923$15,741$376,985
6$12,421$15,242$364,563
7$12,941$14,723$351,622
8$13,482$14,181$338,140
9$14,046$13,617$324,094
10$14,634$13,030$309,460
11$15,246$12,418$294,214
12$15,884$11,780$278,330
13$16,548$11,116$261,782
14$17,240$10,424$244,542
15$17,961$9,702$226,580
16$18,713$8,951$207,868
17$19,495$8,168$188,372
18$20,311$7,353$168,062
19$21,160$6,503$146,901
20$22,046$5,618$124,856
21$22,968$4,696$101,888
22$23,928$3,735$77,960
23$24,929$2,735$53,030
24$25,972$1,692$27,058
25$27,058$605$0

At the end of your 5-year term

Total paid over the term
$138,319
Principal paid down
$55,015
Interest paid
$83,303
Balance remaining
$376,985

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$4,100/mo
$49,200Gross annual rent
5.3%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.

9.1%
Gross yield
− Property tax $3,110− Condo fees $11,439− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,639

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE SUPERSTARS REAL ESTATE LIMITED. MLS®/PropTx.

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