304-320 Mill Street, Brampton, ON
Brampton South, Brampton · MLS® W13470454
About this home
Condo Living at Its Best!This bright and spacious southwest-facing 2-bedroom corner unit offers stunning panoramic views and an abundance of natural sunlight throughout. Featuring a functional layout, the unit includes a separate breakfast area overlooking the ravine and courtyard, along with a combined living and dining space-perfect for both everyday living and entertaining.The primary bedroom boasts his-and-hers closets and a private 3-piece ensuite, while hardwood flooring runs throughout the unit, adding warmth and elegance. Enjoy the convenience of ensuite laundry, along with two parking spaces and a locker for additional storage.Residents have access to exceptional, year-round amenities including an indoor pool, exercise room, party room, sauna, concierge, and visitor parking. Ideally located within walking distance to shopping, schools, parks, and more-this is a fantastic opportunity for comfortable and convenient condo living.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13470454
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Main St. S/Elgin Dr/Left on Mill St. South
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,098/mo
- Exposure
- South West
- Property tax
- $2,978 / 2025
- Days on market
- 28
- Listing brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Rooms
hardwood floor · combined w/living
ceramic floor · overlooks living
ceramic floor · bow window
hardwood floor · closet
hardwood floor · his and hers closets · 3 pc ensuite
hardwood floor · combined w/dining
Listed at $399,999, this home is about 15% 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 ($364/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $378K, 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, listed at $300K
- Size difference +$47K
- Adjusts to $347K
That comparable adjusts to $347K; the $347K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Mill St S at Elgin Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $347K, median of 5 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Worth verifying
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 6% above the area average of $344/sqft.
6 days longer than the Brampton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Brampton South, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Mill St S at Elgin Dr, about 74 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $319,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,708
- Property tax
- $248
- Condo / maintenance fees
- $1,098
- Heating
- $0
- Estimated monthly cost
- $3,054
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,475
- Estimated closing costs
- $4,475
Plus your down payment of $80,000. 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
- $102,458
- Principal paid down
- $40,752
- Interest paid
- $61,706
- Balance remaining
- $279,247
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
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 CERTIFIED REALTY. MLS®/PropTx.