22 Peel Avenue, Brampton, ON

Downtown Brampton, Brampton · MLS® W13507636

$949,900
For Sale
Listed 18 days ago
4Bedrooms
2Bathrooms
2Parking
2500-3000Sq Ft

About this home

Nestled on one of Old Brampton's most charming, tree-lined streets, this character-filled home offers timeless appeal, generous living spaces, and an incredible opportunity to make it your own. Situated on a sprawling lot, this 4-bedroom home is filled with natural light and features spacious principal rooms designed for comfortable everyday living and entertaining.The warm and inviting layout offers a seamless flow throughout, while large windows flood the home with sunshine, creating bright and welcoming spaces at every turn. With three spacious bedrooms, a full bathroom on the upper level, and a convenient main floor powder room, the home offers a functional layout for growing families and everyday living. A standout feature is the art studio-a versatile space ideal for artists, creatives, a home office, workshop, or hobby room. Prefer additional parking? The studio can easily be converted back into a garage if desired.Step outside to enjoy the expansive backyard, offering endless possibilities for gardening, entertaining, family play, or future expansion. Located in the heart of Old Brampton, you'll love being just a short walk to downtown shops, cafés, restaurants, parks, schools, the GO Station, Gage Park, and countless everyday amenities.This is a rare opportunity to own a beautiful home on one of Brampton's most sought-after streets, where charm, character, and community come together. New Heat Pump installed 2025. 200 amp electrical panel.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13507636
Bedrooms
4
Bathrooms
2 (1 half)
Size
2500-3000
Lot
50 × 120 ft
Cross streets
Chapel | Mary
Parking
2 parking
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,440 / 2026
Days on market
18
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Utility RoomLower9.53 × 3.37 m

Laundry Sink

LoftThird7.78 × 6.84 m

Unfinished

Bedroom 4Second1.96 × 2.90 m

walk-up · hardwood floor · overlooks frontyard

Dining RoomMain4.49 × 3.71 m

window · hardwood floor

Living RoomMain4.11 × 4.57 m

hardwood floor · large window · french doors

StudyGround5.48 × 3.17 m

W/O To Yard

KitchenMain3.44 × 4.16 m

family size kitchen · window

Primary BedroomSecond3.67 × 2.92 m

overlooks frontyard · closet · hardwood floor

Bedroom 2Second4.22 × 3.13 m

closet · hardwood floor · wall sconce lighting

WorkshopLower7.19 × 3.39 m

Window

FoyerMain3.58 × 2.56 m

Vinyl Floor

Bedroom 3Second3.55 × 2.53 m

overlooks backyard · hardwood floor · closet

Cold Room/CantinaLower1.49 × 3.39 m
SunroomMain5.98 × 2.55 m

overlooks backyard · large window · w/o to patio

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.41Mest. value

Listed at $949,900, this home is tracking about 33% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 35 similar homes nearby, adjusted for size, beds, and baths.Median of 35 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $829K, lower 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 $1.18M
  • Bathrooms −$15K
  • Adjusts to $1.16M

That comparable adjusts to $1.16M; the $1.41M estimate above is the median of all 35 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. Queen St E e/of Chapel St is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$950KGreat deal$1.58MOverpriced

Total price vs nearby homes. Fair value about $1.41M, median of 35 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.
  • Value driver
Comparable listingsCurrently listed nearby in Downtown Brampton · asking prices
$1.05Mavg asking

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

16 Wellington Street$800k12 Woodbrook Drive$1.30M8 Elizabeth Street$1.18M34 Mercer Drive$1.02M3 Maple Avenue$950k

The 5 closest of 8 active listings nearby.

See all comparable homes
950kThis home800k1.30M1.18M1.02M950kThis home vs active comparables
Live market pulseActive comparables in Downtown Brampton · median list $899K
$345this home / sqft
39active listings nearby
18days on market

16 days longer than the Brampton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Downtown Brampton, 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

81/ 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: Queen St E e/of Chapel St, about 253 m away

20+ transit stops10 grocery20+ dining20+ parks20+ 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.

Brampton East
$816K
Northwood Park
$999K
Fletcher's West
$993K
Heart Lake West
$829K
Credit Valley
$1.30M

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
$4,329/mo
$183KIncome needed
5.2×Price ÷ income
$999Weekly 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.

91%mortgage
Mortgage $4,329Property tax $453Total carry $4,783

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,055per month

Mortgage amount $759,920 · 4.14% over 25 years

$189,980Down payment (20.0%)
$759,920Loan before insurance
$0CMHC premium
$4,509Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,055
Property tax
$453
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,509

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

One-time closing costs

Ontario land transfer tax
$15,473
Estimated closing costs
$15,473

Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,925/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

$456,645Total interest paid
$1,216,565Total of all payments
Principal $759,920 Interest $456,645
YearPrincipalInterestBalance
1$17,802$30,860$742,118
2$18,547$30,116$723,571
3$19,323$29,340$704,248
4$20,131$28,532$684,117
5$20,973$27,690$663,144
6$21,850$26,812$641,294
7$22,764$25,898$618,529
8$23,716$24,946$594,813
9$24,708$23,954$570,105
10$25,742$22,921$544,363
11$26,819$21,844$517,544
12$27,941$20,722$489,603
13$29,109$19,553$460,494
14$30,327$18,336$430,167
15$31,595$17,067$398,572
16$32,917$15,746$365,655
17$34,294$14,369$331,361
18$35,728$12,934$295,633
19$37,223$11,440$258,410
20$38,780$9,883$219,630
21$40,402$8,261$179,228
22$42,092$6,571$137,137
23$43,852$4,810$93,284
24$45,687$2,976$47,598
25$47,598$1,065$0

At the end of your 5-year term

Total paid over the term
$243,313
Principal paid down
$96,776
Interest paid
$146,537
Balance remaining
$663,144

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$5,250/mo
$63,000Gross annual rent
5.2%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.

6.6%
Gross yield
− Property tax $5,440− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $49,230

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

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