156 Mill Street, Brampton, ON
Brampton South, Brampton · MLS® W13484050
About this home
Rare opportunity to own an east-facing detached home on an extra-wide 65' x 117' lot, nestled on one of the most picturesque tree-lined streets in the downtown core. Enjoy a true walkable lifestyle just steps to Gage Park, cafes, farmers' market, skating, live music, The Rose Theatre, and the GO Train station. This unique home features a main-level primary bedroom, with generously sized second and third bedrooms upstairs offering ample storage. The spacious living room boasts a sun-filled picture window, elegant plaster ceiling, and crown molding. The modern eat-in kitchen is complete with white cabinetry, granite countertops, ceramic backsplash, and convenient pot drawers. Exterior highlights include an extra-long and wide driveway, single garage with workshop/storage, a 12' x 14' wood deck, and a composite front porch, perfect for outdoor enjoyment. Situated on a premium oversized lot, this property also presents an excellent opportunity for those looking to build a custom dream home in a highly sought-after location. Live in or rent out the existing home while pursuing permits and planning your future build, making it an ideal option for end users, builders, and investors alike.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13484050
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 65.08 × 117.16 ft
- Cross streets
- Mill Street S & Harold Street
- Parking
- 1 garage · 4 parking (detached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $5,847 / 2025
- Days on market
- 26
- Listing brokerage
- RE/MAX SPECIALISTS TEAM SUKHVINDER
Rooms
custom backsplash · modern kitchen
4 Pc Bath
b/i closet · vinyl floor · window
b/i closet · vinyl floor · window
Picture Window
b/i closet · large window
Listed at $749,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $883K, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $750K
- Adjusts to $750K
That comparable adjusts to $750K; the $703K estimate above is the median of all 20 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Main St & Nanwood Dr is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $703K, median of 20 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
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 9% above the area average of $529/sqft.
23 days longer than the Brampton average (3 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
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Main St & Nanwood Dr, about 366 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 21, 2026); conventional rates run a little higher.
Mortgage amount $599,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,198
- Property tax
- $487
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,685
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,455
- Estimated closing costs
- $11,455
Plus your down payment of $149,800. 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
- $191,853
- Principal paid down
- $76,308
- Interest paid
- $115,545
- Balance remaining
- $522,892
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 RE/MAX SPECIALISTS TEAM SUKHVINDER. MLS®/PropTx.