402-50 Sky Harbour Drive, Brampton, ON

Bram West, Brampton · MLS® W13504984

$499,900
For Sale
Listed 82 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
2Garage
700-799Sq ft

About this home

In short

  • Bright, Stylish, and Rarely Lived-In in Bram West.
  • Discover this meticulously maintained 2-bedroom, 2-bathroom condominium, complete with 2 owned underground parking spots.
  • Thoughtfully upgraded throughout, it features hardwood flooring (2023), pot lights, modern bathroom fixtures, and a sleek kitchen with granite countertops, stainless...
  • Offering approximately 772 sq. ft. of sun-filled, southeast-facing living space, the open-concept layout boasts large windows, a private balcony, and an effortless...
  • The spacious primary bedroom includes an ensuite and ample closet space, while the second bedroom is bright and versatile perfect for guests, family, or a home office.

Bright, Stylish, and Rarely Lived-In in Bram West! Discover this meticulously maintained 2-bedroom, 2-bathroom condominium, complete with 2 owned underground parking spots.Thoughtfully upgraded throughout, it features hardwood flooring (2023), pot lights, modern bathroom fixtures, and a sleek kitchen with granite countertops, stainless steel appliances, upgraded taps, and a water filtration system. Offering approximately 772 sq. ft. of sun-filled, southeast-facing living space, the open-concept layout boasts large windows, a private balcony, and an effortless flow that blends comfort and style. The spacious primary bedroom includes an ensuite and ample closet space, while the second bedroom is bright and versatile perfect for guests, family, or a home office. With ensuite laundry, central air, and a prime location within walking distance to shops, schools, parks, and transit, and just minutes from major highways, this condo is ideal for first-time buyers, downsizers, or investors seeking modern, convenient living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13504984
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Steeles Ave W/Mississauga Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$586/mo
Exposure
South East
Property tax
$3,878 / 2025
Days on market
82
Listing brokerage
RE/MAX OPTIMUM REALTY

Rooms

Primary BedroomMain3.35 × 3.05 m

hardwood floor · 4 pc ensuite · closet

Dining RoomMain5.76 × 3.05 m

hardwood floor · combined w/living · window

Living RoomGround5.76 × 3.05 m

hardwood floor · combined w/dining · w/o to balcony

KitchenMain3.97 × 2.75 m

tile floor · granite counters · stainless steel appl

Bedroom 2Main3.02 × 2.68 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
Above what recent sales support
$470Kautomated estimate, from recent sales

Listed at $499,900. Recent sales of homes like it put this one around $470K, so the ask is about 6% above what similar homes have sold for.

Longer on the market than typical. 82 days on the market, and asking 6% above where comparable closings put it.

List price
$437KBelow recent closings$500KAbove recent closings

Total price vs nearby homes. Fair value about $470K, learned from recent GTA sales.

The market behind the math:

82days on market so far
$2,342/moest. rent · 16 leases
5.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $667/sqft against an area asking average of $485/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $445K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Bram West, so I widened the search to the surrounding area.

Based on 9 homes sold in this building over the past two years, from 16 closings in Bram West.

What sellers nearby are askingCurrently listed nearby · asking prices
$490kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $470K, which is where my estimate comes from.

Per square foot, these ask about $554/sqft; this home lists at $667/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
500kThis home540k369k560kThis home vs active comparables

Neighbourhood & location

Bram West, 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.

Brampton South
$371K
Fletcher's Creek South
$447K
Downtown Brampton
$508K
Northwest Brampton
$467K
Queen Street Corridor
$436K

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
$112KIncome needed
4.5×Price ÷ income
$526Weekly cost
$6,473Land transfer tax, one-time (Ontario)
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.

71%mortgage
Mortgage $2,278Property tax $323Condo fee $586Total carry $3,188

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,189per month

Mortgage amount $399,920 · 4.39% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,098Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,189
Property tax
$323
Condo / maintenance fees
$586
Heating
$0
Estimated monthly cost
$3,098

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

6.39%Qualifying rate
$2,652/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

$256,798Total interest paid
$656,718Total of all payments
Principal $399,920 Interest $256,798
YearPrincipalInterestBalance
1$9,050$17,219$390,870
2$9,451$16,817$381,419
3$9,871$16,398$371,548
4$10,309$15,960$361,239
5$10,766$15,502$350,473
6$11,244$15,024$339,229
7$11,743$14,525$327,485
8$12,264$14,004$315,221
9$12,809$13,460$302,412
10$13,377$12,891$289,035
11$13,971$12,298$275,064
12$14,591$11,678$260,473
13$15,239$11,030$245,234
14$15,915$10,354$229,319
15$16,621$9,647$212,698
16$17,359$8,910$195,339
17$18,129$8,139$177,210
18$18,934$7,335$158,276
19$19,774$6,494$138,501
20$20,652$5,617$117,849
21$21,569$4,700$96,281
22$22,526$3,743$73,755
23$23,525$2,743$50,230
24$24,570$1,699$25,660
25$25,660$609$0

At the end of your 5-year term

Total paid over the term
$131,344
Principal paid down
$49,447
Interest paid
$81,896
Balance remaining
$350,473

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
From 16 whole-home leases in Bram West$2,342/mo
$28,104Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,225 to $2,459Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 16 whole-home leases in Bram West signed at a median of $2,089 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,342. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.6%
Gross yield
− Property tax $3,878− Condo fees $7,037− Insurance $600− Vacancy & upkeep $3,091Net operating income $13,498

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

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