87 Luella Crescent, Brampton, ON

Fletcher's Meadow, Brampton · MLS® W13518988

$799,900
For Sale
Listed 15 days ago
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4Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

WOW!! Priced to Sell!! Absolutely stunning 4-bedroom detached home located on a quiet crescent and sitting on a beautifully landscaped premium corner lot overlooking a pond and lush green space. This home offers an open-concept layout with hardwood floors on the main level, a bright breakfast area with a walkout to a large private landscaped backyard, and a family room with a cozy gas fireplace.Enjoy a spacious kitchen with stainless steel appliances, elegant oak stairs, and great curb appeal with picturesque park views. Conveniently located within mins to Mount Pleasant GO Station, Cassie Campbell Community Centre, shopping plaza, parks, and all major amenities. A perfect combination of location, layout, and lifestyle, this home is a must-see! Don't miss out!

Key facts

Property type
Detached, 2-Storey
MLS®
W13518988
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000
Lot
43.41 × 72.1 ft
Cross streets
Bovaird/Chingacousy
Parking
1 garage · 3 parking (attached)
Driveway
Available
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,979 / 2025
Days on market
15
Listing brokerage
SAVE MAX REAL ESTATE INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$892Kest. value

Listed at $799,900, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $930K, 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 $900K
  • Bathrooms −$15K
  • Adjusts to $885K

That comparable adjusts to $885K; the $892K estimate above is the median of all 12 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$800KGreat deal$924KOverpriced

Total price vs nearby homes. Fair value about $892K, median of 12 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.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Fletcher's Meadow · asking prices
$862kavg asking

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

9 Weatherell Drive$879k17 Mistybrook Crescent$879k92 Charleswood Circle$804k361 Brisdale Drive$849k69 Crown Victoria Drive$900k

The 5 closest of 8 active listings nearby.

See all comparable homes
800kThis home879k879k804k849k900kThis home vs active comparables
Live market pulseActive comparables in Fletcher's Meadow · median list $959K
$457this home / sqft
56active listings nearby
15days on market

This home lists 7% below the area average of $492/sqft.

13 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

Fletcher's Meadow, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Northwest Brampton
$976K
Northwest Sandalwood Parkway
$1.05M
Credit Valley
$1.26M
Northwood Park
$999K
Heart Lake West
$829K

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
$3,646/mo
$159KIncome needed
5.0×Price ÷ income
$841Weekly 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.

88%mortgage
Mortgage $3,646Property tax $498Total carry $4,144

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)
$3,415per month

Mortgage amount $639,920 · 4.14% over 25 years

$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$3,913Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,415
Property tax
$498
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,913

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

One-time closing costs

Ontario land transfer tax
$12,473
Estimated closing costs
$12,473

Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,148/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

$384,535Total interest paid
$1,024,455Total of all payments
Principal $639,920 Interest $384,535
YearPrincipalInterestBalance
1$14,991$25,987$624,929
2$15,618$25,360$609,311
3$16,271$24,707$593,039
4$16,952$24,026$576,087
5$17,661$23,317$558,426
6$18,400$22,578$540,026
7$19,170$21,809$520,857
8$19,971$21,007$500,885
9$20,807$20,171$480,079
10$21,677$19,301$458,401
11$22,584$18,394$435,818
12$23,528$17,450$412,289
13$24,513$16,466$387,777
14$25,538$15,440$362,239
15$26,606$14,372$335,633
16$27,719$13,259$307,914
17$28,878$12,100$279,035
18$30,086$10,892$248,949
19$31,345$9,633$217,604
20$32,656$8,322$184,948
21$34,022$6,956$150,926
22$35,445$5,533$115,481
23$36,928$4,051$78,554
24$38,472$2,506$40,081
25$40,081$897$0

At the end of your 5-year term

Total paid over the term
$204,891
Principal paid down
$81,494
Interest paid
$123,397
Balance remaining
$558,426

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$3,150/mo
$37,800Gross annual rent
3.3%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.

4.7%
Gross yield
− Property tax $5,979− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,263

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

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