1201-22 Hanover Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13488834

$499,900
For Sale
Listed 22 days ago
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2Bedrooms
2Bathrooms
2Garage
1400-1599Sq Ft

About this home

Rarely offered and truly one of a kind! This beautiful corner suite is the largest model in the building, offering approximately 1,400 sq. ft. of bright, functional living space with spectacular unobstructed panoramic views. The sun-filled open-concept living and dining areas provide the perfect setting for entertaining or relaxing, where you can enjoy breathtaking sunrise and sunset views.The spacious eat-in kitchen offers plenty of cabinetry and workspace, while rich laminate flooring throughout adds warmth and elegance. The oversized primary bedroom features a private ensuite, generous closet space, and large windows that fill the room with natural light. A well-proportioned second bedroom, an additional full bathroom, and a convenient in suite laundry with this exceptional layout.Enjoy incredible value with one of the lowest maintenance fees in the area, including all utilities. This well-managed building offers 24-hour security and outstanding resort-style amenities, including an indoor swimming pool, hot tub, fitness centre, tennis and squash courts, billiards room, and a recently renovated party room.Complete with two owned parking spaces, this move-in-ready home is ideally situated close to schools, public transit, Chinguacousy Park, Bramalea City Centre, major highways, shopping, dining, and every essential convenience. Combining generous space, luxury, convenience, and unbeatable value, this exceptional condo is a rare opportunity you won't want to miss.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13488834
Bedrooms
2
Bathrooms
2
Size
1400-1599
Cross streets
Queen St/ Central Pkwy
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,023/mo
Exposure
North West
Property tax
$3,635 / 2026
Days on market
22
Listing brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Rooms

KitchenFlat2.89 × 2.89 m

ceramic floor · family size kitchen · eat-in kitchen

BreakfastFlat2.77 × 4.57 m

laminate · eat-in kitchen · window

Primary BedroomFlat3.35 × 4.90 m

4 pc ensuite · his and hers closets · laminate

BedroomFlat2.91 × 4.27 m

closet · window · laminate

Dining RoomFlat2.89 × 3.35 m

laminate · open concept · combined w/living

Living RoomFlat6.12 × 6.30 m

laminate · open concept · combined w/dining

Moe’s TakeTeam Asgarian · Broker
Below comparables
$622Kest. value

Listed at $499,900, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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 $603K, 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 $598K
  • Adjusts to $598K

That comparable adjusts to $598K; the $622K 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. Hanover Rd opp Helena Crt is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$500KGreat deal$623KOverpriced

Total price vs nearby homes. Fair value about $622K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$548kavg asking

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

2107-22 Hanover Road$505k1907-22 Hanover Road$539k907-24 Hanover Road$540k2101-24 Hanover Road$598k510-22 Hanover Road$560k

The 5 closest of 6 active listings nearby.

See all comparable homes
500kThis home505k539k540k598k560kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $496K
$333this home / sqft
34active listings nearby
22days on market

This home lists 17% below the area average of $400/sqft.

0 days faster than the Brampton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Queen Street Corridor, 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.

Getting around

84/ 100

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: Hanover Rd opp Helena Crt, about 168 m away

20+ transit stops6 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Downtown Brampton
$454K
Sandringham-Wellington
$569K
Goreway Drive Corridor
$575K
Brampton South
$369K
Fletcher's Creek South
$489K

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
$2,278/mo
$120KIncome needed
4.2×Price ÷ income
$526Weekly 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.

63%mortgage
Mortgage $2,278Property tax $303Condo fee $1,023Total carry $3,605

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,460Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$303
Condo / maintenance fees
$1,023
Heating
$0
Estimated monthly cost
$3,460

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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$4,750/mo
$57,000Gross annual rent
6.8%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.

11.4%
Gross yield
− Property tax $3,635− Condo fees $12,280− Insurance $600− Vacancy & upkeep $6,270Net operating income $34,215

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.

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