18 Velvet Grass Lane, Brampton, ON

Sandringham-Wellington, Brampton · MLS® W13466274

$859,990
For Sale
Listed 33 days ago
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Welcome To 18 Velvet Grass Lane, Located In The Heart Of Brampton And Surrounded By Everything A Growing Family Needs. This Beautifully Maintained Detached Home Offers Over 2,500 Sq. Ft. Of Living Space And Features 3+1 Bedrooms And 4 Bathrooms, Making It An Ideal Choice For Families Seeking Space, Comfort, And Convenience. The Functional Layout Showcases Spacious Principal Living Areas Designed For Both Everyday Living And Entertaining. Upstairs, You Will Find Three Generously Sized Bedrooms Filled With Abundant Natural Light, Including A Huge Primary Bedroom Complete With A Walk-In Closet And Private Ensuite Bath, Offering The Space And Comfort Of Two Bedrooms Combined. The Finished Basement Extends The Living Space With A Generous Open-Concept Area, An Additional Bedroom, And A Full Bathroom, Providing Excellent Flexibility For Extended Family, Guests, A Private Home Office, Recreation Area, Or Potential In-Law Suite. Situated In A Safe, Family-Friendly Neighbourhood With Strong Community Appeal And Excellent Long-Term Value, This Home Is Within Walking Distance To Brampton Civic Hospital And Just A Short 3-Minute Drive To Professor's Lake. Enjoy Easy Access To Exceptional Recreational Amenities Including The Soccer Centre, Scenic Walking Trails, Soccer Fields, Baseball Diamonds, Basketball Courts, And Tennis Courts. Conveniently Located Minutes From Trinity Common Mall, Chalo FreshCo Plaza, Restaurants, Shopping Centres, Public Transit, Top-Rated Schools, Doctors' Offices, And Everyday Amenities, With Quick Access To Highway 410, Bovaird Drive, And Major Commuter Routes. This Turnkey Home Offers The Perfect Blend Of Space, Comfort, Convenience, And Lifestyle In One Of Brampton's Most Desirable Family-Friendly Locations. Come And Fall In Love With This Beauty!

Key facts

Property type
Detached, 2-Storey
MLS®
W13466274
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
30 × 110 ft
Cross streets
Bramalea Rd/ Peter Robertson Blvd
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,568 / 2025
Days on market
33
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$975Kest. value

Listed at $859,990, this home is about 12% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Sandringham-Wellington lately, sellers have been getting about 98% of asking and homes sell in about 28 days.

Based on 46 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 46 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $920K, 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 $940K
  • Bathrooms +$14K
  • Adjusts to $954K

That comparable adjusts to $954K; the $975K estimate above is the median of all 46 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
$860KGreat deal$1.03MOverpriced

Total price vs nearby homes. Fair value about $975K, median of 46 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Sandringham-Wellington · asking prices
$1.11Mavg asking

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

157 FATHER TOBIN Road$1000k36 Pacific Wind Crescent$1.03M261 Mountainash Road$1.07M35 Alaskan Summit Court$1.22M1 Icon Street$1.25M

The 5 closest of 8 active listings nearby.

See all comparable homes
860kThis home1000k1.03M1.07M1.22M1.25MThis home vs active comparables
Live market pulseActive comparables in Sandringham-Wellington · median list $1.03M
$382this home / sqft
40active listings nearby
33days on market
100sold nearby · 90 days
$961Kmedian sold price
98%of asking, on average

This home lists 20% below the area average of $479/sqft.

30 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

Sandringham-Wellington, 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.

Vales of Castlemore
$1.40M
Brampton East
$1.15M
Heart Lake West
$888K
Snelgrove
$1.50M
Toronto Gore Rural Estate
$2.74M

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
$3,920/mo
$171KIncome needed
5.0×Price ÷ income
$905Weekly 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.

88%mortgage
Mortgage $3,920Property tax $547Total carry $4,467

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)
$3,671per month

Mortgage amount $687,992 · 4.14% over 25 years

$171,998Down payment (20.0%)
$687,992Loan before insurance
$0CMHC premium
$4,219Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$547
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,219

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

One-time closing costs

Ontario land transfer tax
$13,675
Estimated closing costs
$13,675

Plus your down payment of $171,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,459/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

$413,422Total interest paid
$1,101,414Total of all payments
Principal $687,992 Interest $413,422
YearPrincipalInterestBalance
1$16,117$27,939$671,875
2$16,791$27,265$655,083
3$17,494$26,563$637,589
4$18,226$25,831$619,364
5$18,988$25,069$600,376
6$19,782$24,274$580,594
7$20,610$23,447$559,984
8$21,472$22,585$538,513
9$22,370$21,687$516,143
10$23,305$20,751$492,837
11$24,280$19,776$468,557
12$25,296$18,761$443,261
13$26,354$17,703$416,907
14$27,456$16,600$389,451
15$28,605$15,452$360,846
16$29,801$14,255$331,045
17$31,048$13,009$299,997
18$32,347$11,710$267,650
19$33,700$10,357$233,951
20$35,109$8,947$198,842
21$36,578$7,479$162,264
22$38,108$5,949$124,156
23$39,702$4,355$84,455
24$41,362$2,694$43,092
25$43,092$964$0

At the end of your 5-year term

Total paid over the term
$220,283
Principal paid down
$87,616
Interest paid
$132,667
Balance remaining
$600,376

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$4,200/mo
$50,400Gross 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.

5.9%
Gross yield
− Property tax $6,568− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,888

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.

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