206 Elizabeth Street, Brampton, ON
Downtown Brampton, Brampton · MLS® W13459094
About this home
*BEAUTIFUL BUNGALOW LIVING* Picture yourself driving home on a quiet tree-lined street, finding serenity in a calm family-friendly neighbourhood, with plenty of space to live in this 3+1 BED, 2 BATH home boasting 2,351 Total SqFt! Featuring a spacious, fully finished Basement with Direct access to the backyard Entry, gorgeous renovated open concept Kitchen, lush private Backyard and 5-car Parking -- this home has so much to offer! Main level living at its finest with bright spacious rooms, flow-through layout, and hardwood flooring. Contemporary Basement quarters with sleek Wet Bar have Guest or In-Law Suite capability + separate rooms for Laundry and Storage. (NOTE: Some photos have been virtually staged.) Just around the corner is Centennial Sr. & Secondary schools, plus convenient recreation like the Joyce Archdekin & Treleaven Parks, Curling Club, Baseball Fields and the Memorial Arena! Discover the legendary Gage Park with its summer fun splash pad and playground, magical winter skating trail & fabulous holiday festivals. Explore boutique Shops & Dining, experience Culture at the Rose Theatre, PAMA Gallery & Museum, all centred around City Hall. Enjoy leisure Golfing at the classic Peel Village course. Queen & Main streets provide access to Major Highways 410/407/401 and seamless commuting with Brampton GO Train & Bus Station. This property is perfectly placed and exudes pride of ownership - with heartfelt memories already built to last a lifetime, this home is now ready for its next chapter!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13459094
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 74.17 × 125 ft
- Cross streets
- Main St & Elgin Dr
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Full, Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,676 / 2025
- Days on market
- 35
- Listing brokerage
- Royal LePage Real Estate Associates
Rooms
combined w/laundry · laundry sink · separate room
4 pc bath · renovated · tile floor
hardwood floor · large closet · window
renovated · quartz counter · stainless steel appl
open concept · hardwood floor · window
bay window · open concept · hardwood floor
vinyl floor · closet
wet bar · vinyl floor · open concept
3 pc bath · renovated · tile floor
broadloom · hardwood floor · window
laminate · large closet · window
broadloom · hardwood floor · window
Listed at $969,000, this home is about 31% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Downtown Brampton lately, sellers have been getting about 98% of asking and homes sell in about 29 days.
There were not many closely comparable homes right in Downtown Brampton, so I widened the search to the surrounding area.
Based on 60 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 60 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $928K, higher than the comparables and worth a second look.
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 $760K
- Bedrooms −$24K
- Adjusts to $736K
That comparable adjusts to $736K; the $742K estimate above is the median of all 60 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.
Total price vs nearby homes. Fair value about $742K, median of 60 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- 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 3 closest active listings nearby.
See all comparable homesThis home lists 18% above the area average of $629/sqft.
32 days longer than the Brampton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Downtown Brampton, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $775,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,137
- Property tax
- $556
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,693
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,855
- Estimated closing costs
- $15,855
Plus your down payment of $193,800. 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
- $248,205
- Principal paid down
- $98,722
- Interest paid
- $149,483
- Balance remaining
- $676,478
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 Real Estate Associates. MLS®/PropTx.