402-50 Sky Harbour Drive, Brampton, ON

Bram West, Brampton · MLS® W13504984

$499,900
For Sale
Listed 17 days ago
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2Bedrooms
2Bathrooms
2Garage
700-799Sq Ft

About this home

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. Never rented and 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
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
17
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

Moe’s TakeTeam Asgarian · Broker
In line
$495Kest. value

Listed at $499,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $559K, a bit higher.

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 $585K
  • Adjusts to $585K

That comparable adjusts to $585K; the $495K estimate above is the median of all 7 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. Mississauga Rd n/of Olivia Marie Rd is about a 1-minute walk away.

List price
$493KGreat deal$585KOverpriced

Total price vs nearby homes. Fair value about $495K, median of 7 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Bram West · asking prices
$536kavg asking

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

113-62 Sky Harbour Drive$459k217-62 Sky Harbour Drive$585k213-62 Sky Harbour Drive$559k108-58 Sky Harbour Drive$429k315-50 Sky Harbour Drive$649k

The 5 closest of 7 active listings nearby.

See all comparable homes
500kThis home459k585k559k429k649kThis home vs active comparables
Live market pulseActive comparables in Bram West · median list $559K
$667this home / sqft
9active listings nearby
17days on market

This home lists 3% below the area average of $685/sqft.

5 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

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.

Getting around

65/ 100

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: Mississauga Rd n/of Olivia Marie Rd, about 22 m away

20+ transit stops1 grocery20+ dining14 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
Brampton South
$369K
Downtown Brampton
$454K
Northwest Brampton
$475K
Queen Street Corridor
$470K

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
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%
$
%
4.14%
%
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
$3,043Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$323
Condo / maintenance fees
$586
Heating
$0
Estimated monthly cost
$3,043

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$2,400/mo
$28,800Gross annual rent
2.8%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.

5.8%
Gross yield
− Property tax $3,878− Condo fees $7,037− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,117

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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