2 Melrose Gardens, Brampton, ON

Snelgrove, Brampton · MLS® W13448336

$1,064,900
For Sale
Listed 37 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Rare Corner Lot on a Quiet Cul-de-Sac with a Resort-Style In-Ground Pool & Cabana. Located on a family-friendly court just steps from Cunnington Parkette, this exceptional home is nestled in the highly sought-after Snelgrove community, along the Caledon border. Beautifully maintained 3+2 bedrooms, 4-bath detached home offering exceptional space and flexibility, with both a grade-level exterior entrance plus garage access. 6-car parking adds convenience. Bright and efficient main floor with cathedral ceilings, hardwood, pot lights throughout, main-floor laundry, and an updated eat-in kitchen featuring granite counters, under-cabinet lighting, and stainless-steel appliances overlooking the backyard. Upper level features 3 spacious bedrooms, including a primary with an ensuite. Finished lower level features a separate grade-level entrance, kitchenette area, full washroom, laundry facilities, spacious living/dining area with gas fireplace, and additional finished rooms providing versatile space for extended family or personal use. Your backyard is a professionally landscaped oasis featuring an in-ground heated pool (brand-new heater June 2026), a cabana with a fridge, mature trees, and multiple lounging/dining zones. Re-creating this outdoor space today would cost well over $100K, a turnkey luxury already included and ready for summer enjoyment. Corner-lot curb appeal with ample car parking, elegant exterior pot lights. Close to schools, transit, and shopping, with quick access to Hwy 410. A tankless water heater is owned for added efficiency. A complete lifestyle home offering premium lot advantages, exceptional outdoor living, and fully move-in ready for your family.

Key facts

Property type
Detached, 2-Storey
MLS®
W13448336
Bedrooms
5 (3 + 2)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
56.37 × 78.98 ft
Cross streets
Hurontario/Mayfield Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$6,363 / 2025
Days on market
37
Listing brokerage
RIGHT AT HOME REALTY

Rooms

BedroomBasement5.15 × 3.15 m

Vinyl Floor

KitchenGround6.15 × 2.75 m

ceramic floor · granite counters · eat-in kitchen

Family RoomGround5.45 × 4.25 m

hardwood floor · fireplace · cathedral ceiling(s)

Living RoomBasement5.00 × 4.75 m

vinyl floor · fireplace · combined w/dining

Bedroom 2Basement2.80 × 2.50 m

Vinyl Floor

Bedroom 2Second3.85 × 3.50 m

laminate · cathedral ceiling(s)

Primary BedroomSecond5.30 × 3.70 m

4 pc ensuite · laminate · double doors

Dining RoomGround3.65 × 3.32 m

hardwood floor · coffered ceiling(s) · separate room

Bedroom 3Second3.50 × 3.15 m

Laminate

LaundryGround1.90 × 2.60 m

ceramic floor · w/o to garage

Moe’s TakeTeam Asgarian · Broker
Above comparables
$902Kest. value

Listed at $1,064,900, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Snelgrove lately, sellers have been getting about 99% of asking and homes sell in about 24 days.

Based on 63 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 63 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $902K, 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, sold for $915K
  • Bedrooms −$28K
  • Adjusts to $887K

That comparable adjusts to $887K; the $902K estimate above is the median of all 63 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

List price
$844KGreat deal$1.06MOverpriced

Total price vs nearby homes. Fair value about $902K, median of 63 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$916kavg asking

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

6 Sunny Glen Crescent$900k19 Morgandale Road$869k6 Navy Crescent$980k

The 3 closest active listings nearby.

See all comparable homes
1.06MThis home900k869k980kThis home vs active comparables
Live market pulseActive comparables in Snelgrove · median list $1000K
$609this home / sqft
10active listings nearby
37days on market
68sold nearby · 90 days
$984Kmedian sold price
99%of asking, on average

This home lists 27% above the area average of $481/sqft.

34 days longer than the Brampton average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Snelgrove, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Northwest Sandalwood Parkway
$1.05M
Heart Lake West
$888K
Fletcher's Meadow
$904K
Northwest Brampton
$1.15M
Sandringham-Wellington
$1.17M

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
$4,853/mo
$206KIncome needed
5.2×Price ÷ income
$1,120Weekly 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 $4,853Property tax $530Total carry $5,384

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,546per month

Mortgage amount $851,920 · 4.14% over 25 years

$212,980Down payment (20.0%)
$851,920Loan before insurance
$0CMHC premium
$5,076Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,546
Property tax
$530
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,076

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

One-time closing costs

Ontario land transfer tax
$17,773
Estimated closing costs
$17,773

Plus your down payment of $212,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,522/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

$511,928Total interest paid
$1,363,848Total of all payments
Principal $851,920 Interest $511,928
YearPrincipalInterestBalance
1$19,958$34,596$831,962
2$20,792$33,762$811,170
3$21,662$32,892$789,508
4$22,568$31,986$766,940
5$23,512$31,042$743,428
6$24,496$30,058$718,932
7$25,520$29,034$693,412
8$26,588$27,966$666,824
9$27,700$26,854$639,124
10$28,858$25,695$610,266
11$30,066$24,488$580,200
12$31,323$23,231$548,877
13$32,633$21,921$516,244
14$33,998$20,556$482,245
15$35,420$19,133$446,825
16$36,902$17,652$409,923
17$38,446$16,108$371,477
18$40,054$14,500$331,424
19$41,729$12,825$289,694
20$43,475$11,079$246,220
21$45,293$9,261$200,927
22$47,188$7,366$153,739
23$49,161$5,393$104,578
24$51,218$3,336$53,360
25$53,360$1,194$0

At the end of your 5-year term

Total paid over the term
$272,770
Principal paid down
$108,492
Interest paid
$164,277
Balance remaining
$743,428

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
2.4%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.

3.5%
Gross yield
− Property tax $6,363− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,879

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

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