508-330 Mill Street, Brampton, ON

Brampton South, Brampton · MLS® W13500996

$344,900
For Sale
Listed 18 days ago
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1Bedrooms
2Bathrooms
1Parking
900-999Sq Ft

About this home

Welcome to Pinnacle III voted condo of the year 2025. Rare gem nestled along side the tranquil Etobicoke Creek Ravine. This one bedroom suite boating of approximately 1000 sq ft of well designed open concept space that was completely recently renovated. Truly move in condition, features floor to ceiling windows with south west views of Niagara Escarpment & gorgeous western sunsets. Eat in kitchen, multi functional solarium off the generous Bedroom with drop dead gorgeous three pc ensuite & large walk in closet. Convenient two piece powder room. Hardwood floors through out, walk to future metro rail system, transportation at the door. 24 Hour Concierge, indoor pool plus much more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13500996
Bedrooms
1
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Elgin Dr/Mill St S
Parking
1 parking
Basement
None
Heating
Heat Pump
A/C
Other
Exterior
Other
Foundation
Concrete
Roof
Flat, Tar and Gravel
Maintenance
$1,059/mo
Exposure
South West
Property tax
$2,770 / 2026
Days on market
18
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Living RoomFlat4.81 × 3.66 m

hardwood floor · window floor to ceiling

SolariumFlat3.49 × 2.21 m

Hardwood Floor

Dining RoomFlat4.81 × 3.66 m

Combined w/Living

KitchenFlat3.99 × 2.75 m

Eat-in Kitchen

BedroomFlat4.25 × 3.22 m

3 pc ensuite · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$281Kest. value

Listed at $344,900, this home is about 23% 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 ($363/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $362K, higher than the comparables and worth a second look.

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
  • Bedrooms −$30K
  • Adjusts to $270K

That comparable adjusts to $270K; the $281K estimate above is the median of all 9 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 Grand Circuit Crt is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$270KGreat deal$345KOverpriced

Total price vs nearby homes. Fair value about $281K, median of 9 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.
  • 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.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Worth verifying
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Brampton South · asking prices
$342kavg asking

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

908-330 Mill Street$325k308-310 MILL Street$300k304-320 Mill Street$400k

The 3 closest active listings nearby.

See all comparable homes
345kThis home325k300k400kThis home vs active comparables
Live market pulseActive comparables in Brampton South · median list $387K
$363this home / sqft
9active listings nearby
18days on market

This home lists 1% above the area average of $359/sqft.

4 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

Brampton South, 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

71/ 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: Mill St S at Grand Circuit Crt, about 118 m away

20+ transit stops5 grocery20+ dining20+ parks9 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.

Fletcher's Creek South
$489K
Downtown Brampton
$454K
Queen Street Corridor
$470K
Bram West
$495K
Northwest Brampton
$475K

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
$1,572/mo
$91KIncome needed
3.8×Price ÷ income
$363Weekly 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.

55%mortgage
Mortgage $1,572Property tax $231Condo fee $1,059Total carry $2,861

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)
$1,472per month

Mortgage amount $275,920 · 4.14% over 25 years

$68,980Down payment (20.0%)
$275,920Loan before insurance
$0CMHC premium
$2,762Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,472
Property tax
$231
Condo / maintenance fees
$1,059
Heating
$0
Estimated monthly cost
$2,762

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

One-time closing costs

Ontario land transfer tax
$3,649
Estimated closing costs
$3,649

Plus your down payment of $68,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,788/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

$165,803Total interest paid
$441,723Total of all payments
Principal $275,920 Interest $165,803
YearPrincipalInterestBalance
1$6,464$11,205$269,456
2$6,734$10,935$262,722
3$7,016$10,653$255,706
4$7,309$10,360$248,397
5$7,615$10,054$240,782
6$7,934$9,735$232,848
7$8,265$9,403$224,582
8$8,611$9,058$215,971
9$8,971$8,698$207,000
10$9,347$8,322$197,653
11$9,738$7,931$187,915
12$10,145$7,524$177,770
13$10,569$7,100$167,201
14$11,011$6,658$156,190
15$11,472$6,197$144,718
16$11,952$5,717$132,766
17$12,452$5,217$120,314
18$12,973$4,696$107,342
19$13,515$4,154$93,826
20$14,081$3,588$79,746
21$14,670$2,999$65,076
22$15,283$2,386$49,793
23$15,922$1,747$33,871
24$16,588$1,081$17,282
25$17,282$387$0

At the end of your 5-year term

Total paid over the term
$88,345
Principal paid down
$35,138
Interest paid
$53,206
Balance remaining
$240,782

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$3,050/mo
$36,600Gross annual rent
4.8%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.

10.6%
Gross yield
− Property tax $2,770− Condo fees $12,703− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,501

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

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