503-1 Belvedere Court, Brampton, ON

Downtown Brampton, Brampton · MLS® W13515290

$439,999
For Sale
Listed 15 days ago
2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Location, Location, Location! Where luxury meets lifestyle & convenience, in historic downtown. This prestigious boutique bldg (The Belvedere) is highly sought after & renowned for its quiet, pristine setting. It's exceptionally maintained property offers a welcoming, family-friendly environment and is home to professionals, retirees, & families alike. 990 Sq Ft condo, 2 bdrms, 2 full baths unit w/ 9ft ceilings, laminate floors & is freshly painted throughout. A fantastic floorplan, split bdrm/bath design ensures added privacy. Significantly lower maintenance fees compared to other 2+2 units in Bldg. An abundance of natural lighting w/Spacious open concept Living/Dining area, Large Kitchen w/ a generous amount of cabinetry. The sizable Primary bdrm boasts a walk-in closet and private 4pc en-suite bathroom. The roomy second bdrm offers an oversized closet & easy access to the adjacent 4pc bathroom. This condo also includes In-suite laundry & plenty of storage thruout. The enormous west facing Private Balcony runs the entire width of the unit, where you can set up 3 separate living areas, such as BBQing, Lounging, or Gardening. Perfect for entertaining while taking in breathtaking sunsets & vibrant cityscape. Living here means being in the heart of it, and all within walking distance. Enjoy the magic of Gage Park, Trendy Restaurants, Vibrant Shops, Rose Theater for the performing arts, City Hall, YMCA, Brampton Tennis Club, Algoma Univ, Peel Memorial Hospital, Weekly Farmers Markets, Garden Square's lively events, Bus route, GO Station, just around the corner, making city travel effortless. Mins to Hwy 410. This Prestigious Bldg Offers Security/Concierge service, Rooftop Terrace, Gym, & Elegant Party Rm. Enjoy the comforts of a larger unit in this exceptional & remarkable bldg. Includes 1 parking spot, but Additional Parking is hassle-free across the street @ Rose Theatre, w/ an underground access-connected pathway to Bldg. You won't be disappointed, A Must See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13515290
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Main Street & Queen Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air, Other
Exterior
Brick
Maintenance
$721/mo
Exposure
West
Property tax
$3,458 / 2025
Days on market
15
Listing brokerage
Royal LePage Real Estate Associates

Rooms

KitchenMain3.93 × 2.37 m

Stainless Steel Appl

Living RoomMain3.62 × 3.43 m

combined w/dining · w/o to balcony

Dining RoomMain3.62 × 2.26 m

Combined w/Living

Primary BedroomMain3.02 × 6.47 m

4 Pc Ensuite

Bedroom 2Main3.39 × 3.91 m
FoyerMain1.28 × 2.47 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$492Kest. value

Listed at $439,999, this home is about 11% below comparable homes, worth a close look. 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 $490K, a close match.

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 $550K
  • Bedrooms −$30K
  • Adjusts to $520K

That comparable adjusts to $520K; the $492K 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. Queen St E e/of Theatre Lane is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$440KGreat deal$520KOverpriced

Total price vs nearby homes. Fair value about $492K, 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.
  • Lifestyle
Comparable listingsCurrently listed nearby in Downtown Brampton · asking prices
$548kavg asking

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

2602-9 George Street$499k1905-100 John Street$580k1206-100 John Street$545k1702-100 John Street$570k

The 4 closest active listings nearby.

See all comparable homes
440kThis home499k580k545k570kThis home vs active comparables
Live market pulseActive comparables in Downtown Brampton · median list $530K
$463this home / sqft
11active listings nearby
15days on market

This home lists 10% below the area average of $514/sqft.

7 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

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

82/ 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 Theatre Lane, about 29 m away

20+ transit stops7 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 South
$369K
Fletcher's Creek South
$489K
Queen Street Corridor
$470K
Northwest Brampton
$475K
Bram West
$495K

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
$2,005/mo
$103KIncome needed
4.3×Price ÷ income
$463Weekly 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.

67%mortgage
Mortgage $2,005Property tax $288Condo fee $721Total carry $3,015

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)
$1,878per month

Mortgage amount $351,999 · 4.14% over 25 years

$88,000Down payment (20.0%)
$351,999Loan before insurance
$0CMHC premium
$2,888Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,878
Property tax
$288
Condo / maintenance fees
$721
Heating
$0
Estimated monthly cost
$2,888

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

One-time closing costs

Ontario land transfer tax
$5,275
Estimated closing costs
$5,275

Plus your down payment of $88,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,281/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

$211,520Total interest paid
$563,520Total of all payments
Principal $351,999 Interest $211,520
YearPrincipalInterestBalance
1$8,246$14,295$343,753
2$8,591$13,950$335,162
3$8,950$13,590$326,212
4$9,325$13,216$316,887
5$9,715$12,826$307,172
6$10,121$12,420$297,051
7$10,545$11,996$286,506
8$10,986$11,555$275,521
9$11,445$11,096$264,076
10$11,924$10,617$252,152
11$12,423$10,118$239,729
12$12,942$9,599$226,787
13$13,484$9,057$213,303
14$14,048$8,493$199,256
15$14,635$7,906$184,621
16$15,247$7,293$169,373
17$15,885$6,656$153,488
18$16,550$5,991$136,939
19$17,242$5,299$119,697
20$17,963$4,578$101,734
21$18,714$3,826$83,020
22$19,497$3,044$63,522
23$20,313$2,228$43,210
24$21,162$1,378$22,048
25$22,048$493$0

At the end of your 5-year term

Total paid over the term
$112,704
Principal paid down
$44,827
Interest paid
$67,877
Balance remaining
$307,172

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
4.5%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.

8.3%
Gross yield
− Property tax $3,458− Condo fees $8,656− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,860

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

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