62 Charters Road, Brampton, ON

Madoc, Brampton · MLS® W13508708

$829,900
For Sale
Listed 16 days ago
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Welcome to 62 Charter Rd, a beautifully maintained family home nestled in one of Brampton's most desirable and convenient neighbourhoods. Ideally located close to schools, parks, shopping, public transit, and major highways, this home offers the perfect combination of comfort, space, and everyday convenience. >>Step inside to a bright and functional layout featuring spacious living and dining areas, along with a separate family room complete with a cozy wood-burning fireplace and walkout to a fully private, fenced backyard-perfect for relaxing or entertaining. Large windows throughout the home fill the space with an abundance of natural light< <The updated kitchen is designed for both style and practicality, showcasing modern cabinetry and ample workspace for everyday cooking and hosting family gatherings >>The upper level offers four generously sized bedrooms and a beautifully renovated 4-piece bathroom, providing plenty of room for a growing family << Additional highlights include a separate entrance through the garage, offering excellent flexibility and future potential, extensive concrete landscaping along the side of the home and throughout the backyard for low-maintenance outdoor living, a spacious front yard that enhances curb appeal, and a fully private backyard ideal for family gatherings, children, and summer entertaining.This move-in-ready home presents an excellent opportunity for families looking for a well-cared-for property in a fantastic location.

Key facts

Property type
Detached, 2-Storey
MLS®
W13508708
Bedrooms
4
Bathrooms
3 (2 half)
Size
2000-2500
Lot
53.81 × 101.76 ft
Cross streets
Williams Pkwy and Kennedy Rd N
Parking
2 garage · 6 parking (attached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,679 / 2026
Days on market
16
Listing brokerage
RE/MAX GOLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$985Kest. value

Listed at $829,900, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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

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 $765K, 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 $1.10M
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $985K 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, this is a very walkable address with everyday errands close by. Rutherford Rd N opp Century Gardens Park is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$830KGreat deal$999KOverpriced

Total price vs nearby homes. Fair value about $985K, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$981kavg asking

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

46 Florence Drive$889k21 Treegrove Crescent$919k20 Long Meadow Road$999k19 Softneedle Avenue$999k68 Game Creek Crescent$1.10M

The 5 closest of 7 active listings nearby.

See all comparable homes
830kThis home889k919k999k999k1.10MThis home vs active comparables
Live market pulseActive comparables in Madoc · median list $849K
$369this home / sqft
10active listings nearby
16days on market

This home lists 36% below the area average of $577/sqft.

15 days longer than the Brampton average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Madoc, 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

72/ 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: Rutherford Rd N opp Century Gardens Park, about 84 m away

20+ transit stops3 grocery20+ dining20+ parks11 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.

Central Park
$840K
Heart Lake West
$811K
Brampton East
$816K
Northwood Park
$999K
Southgate
$799K

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
$3,782/mo
$163KIncome needed
5.1×Price ÷ income
$873Weekly 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.

89%mortgage
Mortgage $3,782Property tax $473Total carry $4,256

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)
$3,543per month

Mortgage amount $663,920 · 4.14% over 25 years

$165,980Down payment (20.0%)
$663,920Loan before insurance
$0CMHC premium
$4,016Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,543
Property tax
$473
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,016

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

One-time closing costs

Ontario land transfer tax
$13,073
Estimated closing costs
$13,073

Plus your down payment of $165,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,303/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

$398,957Total interest paid
$1,062,877Total of all payments
Principal $663,920 Interest $398,957
YearPrincipalInterestBalance
1$15,553$26,962$648,367
2$16,204$26,311$632,163
3$16,882$25,633$615,281
4$17,588$24,927$597,693
5$18,324$24,192$579,370
6$19,090$23,425$560,280
7$19,888$22,627$540,391
8$20,720$21,795$519,671
9$21,587$20,928$498,084
10$22,490$20,025$475,594
11$23,431$19,084$452,163
12$24,411$18,104$427,752
13$25,432$17,083$402,320
14$26,496$16,019$375,825
15$27,604$14,911$348,221
16$28,759$13,756$319,462
17$29,962$12,554$289,500
18$31,215$11,300$258,286
19$32,520$9,995$225,765
20$33,881$8,634$191,885
21$35,298$7,217$156,587
22$36,774$5,741$119,812
23$38,313$4,203$81,500
24$39,915$2,600$41,585
25$41,585$930$0

At the end of your 5-year term

Total paid over the term
$212,575
Principal paid down
$84,550
Interest paid
$128,025
Balance remaining
$579,370

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$4,200/mo
$50,400Gross annual rent
4.6%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.

6.1%
Gross yield
− Property tax $5,679− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,777

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

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