22 Peaceful Place, Brampton, ON

Northgate, Brampton · MLS® W13466496

$975,000
For Sale
Listed 33 days ago
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4Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome to your dream Lake front retreat in the heart of Brampton's desirable Professor's Lake Community. A rare opportunity awaits to own this Stunning Lake front gem delivering the ultimate 4 seasons of waterfront enjoyment with glorious lake views from every floor in the house - Top to Bottom! This unmatched 3+1 bedroom, 4 bath home is located on a deep lot widens to 59.44 x 120 Ft! Offering breath taking unobstructed lake views, Upper and Lower Decks, a Finished Walk-out basement with Sunroom, and a large backyard oasis leading you to the water's edge! The main level boasts a bright, open-concept eat-in kitchen featuring a large bay window perfect for year round relaxation to enjoy overlooking the Lake. An inviting living room welcomes you with expansive windows and a sliding patio door that leads to a spacious walkaround Upper Deck. Large sized Family and Dining rooms compliments and anchors the space with the majority of all principal rooms capturing the spectacular lake views. Enjoy the perfect end to your day in the Spacious Master Bedroom complete with a ensuite 4PC bath or unwind in the other 2 available bedrooms both with serene views of the Lake. The walkout basement is an entertainer's dream, featuring a glorious enclosed Sunroom - perfect for all season use and a walk out leading to the lower deck/garden patio, Wet Bar, Fireplace, large recreational area with no obstructing columns-perfect for a billiard table, dining area, living room area, and a Separate Bedroom with an abundance of storage options! Located on a quiet and safe cul-de-sac, just steps from Professor's Lake Recreation Centre, Beach, Walking Trails, and within easy reach of Brampton Civic Hospital, Bramalea City Centre, Amenities etc. Quick access to Hwys 410, 401 & Hwy 407. With fantastic neighbours and serene lakeside surroundings, this property is the ultimate blend of comfort and natural beauty. Don't miss out on this tremendous opportunity to own a truly remarkable property!

Key facts

Property type
Detached, 2-Storey
MLS®
W13466496
Bedrooms
4 (3 + 1)
Bathrooms
4 (2 half)
Size
1500-2000
Lot
20.94 × 125.17 ft
Cross streets
Bovaird Rd East & Professors Lake Parkway
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Metal
Sewer
Sewer
Property tax
$6,339 / 2025
Days on market
33
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Primary BedroomSecond5.80 × 3.50 m

large closet · 4 pc ensuite · hardwood floor

KitchenMain3.30 × 3.00 m

overlook water · bay window · ceramic floor

BedroomSecond3.70 × 2.80 m

closet · overlook water · hardwood floor

Family RoomMain4.60 × 3.40 m

west view · window · parquet

RecreationBasement6.50 × 6.30 m

overlook water · w/o to sunroom · parquet

Dining RoomMain4.00 × 3.60 m

west view · window · parquet

Bedroom 4Basement3.10 × 2.20 m

separate room · large closet · parquet

FoyerSecond3.30 × 3.00 m

skylight · spiral stairs · linen closet

SunroomBasement2.43 × 3.05 m

overlook water · w/o to deck · w/o to garden

BedroomSecond3.60 × 2.80 m

closet · window · hardwood floor

Living RoomMain3.00 × 3.10 m

w/o to deck · overlook water · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$868Kest. value

Listed at $975,000, this home is about 12% 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 ($557/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Northgate lately, sellers have been getting about 98% of asking and homes sell in about 25 days.

Based on 51 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 51 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $923K, 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 $925K
  • Adjusts to $925K

That comparable adjusts to $925K; the $868K estimate above is the median of all 51 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
$827KGreat deal$975KOverpriced

Total price vs nearby homes. Fair value about $868K, median of 51 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$971kavg asking

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

6 Aria Lane$989k36 Nimrod Crescent$990k38 Templeton Court$1000k3 Shenstone Avenue$949k59 Stanwell Drive$929k

The 5 closest of 8 active listings nearby.

See all comparable homes
975kThis home989k990k1000k949k929kThis home vs active comparables
Live market pulseActive comparables in Northgate · median list $975K
$557this home / sqft
7active listings nearby
33days on market
100sold nearby · 90 days
$946Kmedian sold price
98%of asking, on average

This home lists 0% above the area average of $555/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

Northgate, 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.

Sandringham-Wellington
$1.17M
Vales of Castlemore
$1.40M
Brampton East
$1.15M
Bram East
$1.34M
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
$4,444/mo
$190KIncome needed
5.1×Price ÷ income
$1,025Weekly 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.

89%mortgage
Mortgage $4,444Property tax $528Total carry $4,972

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)
$4,162per month

Mortgage amount $780,000 · 4.14% over 25 years

$195,000Down payment (20.0%)
$780,000Loan before insurance
$0CMHC premium
$4,691Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,162
Property tax
$528
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,691

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

One-time closing costs

Ontario land transfer tax
$15,975
Estimated closing costs
$15,975

Plus your down payment of $195,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,056/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

$468,711Total interest paid
$1,248,711Total of all payments
Principal $780,000 Interest $468,711
YearPrincipalInterestBalance
1$18,273$31,676$761,727
2$19,037$30,911$742,690
3$19,833$30,115$722,857
4$20,663$29,286$702,194
5$21,527$28,421$680,667
6$22,428$27,521$658,239
7$23,366$26,583$634,873
8$24,343$25,605$610,530
9$25,361$24,587$585,169
10$26,422$23,526$558,747
11$27,527$22,421$531,219
12$28,679$21,270$502,540
13$29,878$20,070$472,662
14$31,128$18,820$441,534
15$32,430$17,518$409,104
16$33,787$16,162$375,317
17$35,200$14,748$340,117
18$36,672$13,276$303,444
19$38,206$11,742$265,238
20$39,804$10,144$225,434
21$41,469$8,479$183,964
22$43,204$6,744$140,760
23$45,011$4,937$95,749
24$46,894$3,055$48,855
25$48,855$1,093$0

At the end of your 5-year term

Total paid over the term
$249,742
Principal paid down
$99,333
Interest paid
$150,409
Balance remaining
$680,667

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
2.7%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.

3.9%
Gross yield
− Property tax $6,339− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,903

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

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