16 Lyle Way, Brampton, ON
Credit Valley, Brampton · MLS® W13459110
About this home
Elegant Luxury Home by countrywide In Prestigious Cleave View Estate in Credit Valley Community. Freshly painted Approx. 3600 SQFT finished area including finished Two Bedroom City Approved Legal Basement with Separate Entrance, Separate Laundry and Residential Rental License (RRL)from the city valid until 31-May-2027. Basement can be rented to have peace of mind of rental income from day one. Modern finishes with Smooth Ceilings throughout creating a sophisticated space with warm feeling for everyday living. High Foyer And Upgraded Ceramic Tiles On Main Floor with no carpet throughout home. Granite Counter Top, Tall Cabinets And S/S Appliances In The Kitchen. Laundry On Main Level. Hardwood Floor on all levels, Fireplace & Pot lights in Family Rm And Living Room. Smooth 10 Feet Ceiling On Main Floor, 9 Feet On Second Floor. Beautiful Balcony In Front, No sidewalk with North Side Entrance - Auspicious Per Vaastu Shastra. GO Station, Shopping Plaza with all amenities and schools are within 5 minute driving distance with city bus stop around the corner. This exceptional home is a rare opportunity to own luxury space and convenience in one of the Brampton's most sought after community.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13459110
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (2 half)
- Size
- 2500-3000
- Lot
- 38.06 × 92.75 ft
- Cross streets
- Mississauga Road and Williams Parkway
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,317 / 2025
- Days on market
- 35
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
combined w/kitchen · large window · breakfast area
ceramic sink · granite counters · stained glass
laminate · updated · large closet
Ceramic Floor
hardwood floor · combined w/dining · large window
hardwood floor · window
ceramic floor · granite counters · centre island
hardwood floor · fireplace
3 pc bath · ceramic floor · wall sconce lighting
Staircase
laminate · above grade window · large closet
hardwood floor · 5 pc bath · walk-in closet(s)
combined w/dining · large window · sw view
hardwood floor · 3 pc bath
hardwood floor · window
Listed at $1,349,900, this home is about 8% 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 ($491/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Credit Valley lately, sellers have been getting about 95% of asking and homes sell in about 29 days.
Based on 59 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 59 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.35M, 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 $1.25M
- Bathrooms +$19K
- Adjusts to $1.27M
That comparable adjusts to $1.27M; the $1.25M estimate above is the median of all 59 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 $1.25M, median of 59 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- 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 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 1% above the area average of $485/sqft.
32 days longer than the Brampton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Credit Valley, 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 $1,079,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,763
- Property tax
- $776
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,539
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,473
- Estimated closing costs
- $23,473
Plus your down payment of $269,980. 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
- $345,771
- Principal paid down
- $137,528
- Interest paid
- $208,243
- Balance remaining
- $942,392
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 HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.