37 Lord Simcoe Drive, Brampton, ON
Westgate, Brampton · MLS® W13526012
About this home
2461 SQFT. Welcome to this beautifully renovated and move-in-ready home offering exceptional space, style, and income potential. Featuring 4 spacious bedrooms and 3 full bathrooms on the second floor, this home is ideal for large or growing families seeking comfort and convenience. The main level boasts modern finishes throughout, a bright and functional layout, and generous living and entertaining spaces designed for today's lifestyle. The updated kitchen showcases contemporary cabinetry, quality finishes, and ample storage, making it the heart of the home. The fully legal basement apartment features 3 spacious bedrooms, 2 full bathrooms, a separate entrance, a modern kitchen, and a comfortable living area, making it perfect for rental income, multigenerational living, or extended family accommodation. With its well-designed layout and private access, the basement offers tremendous versatility and value. Located in a desirable family-friendly neighborhood close to schools, parks, shopping, transit, and major highways, this turnkey property presents a rare opportunity to own a fully renovated home with a legal income-generating basement apartment. A must-see property that combines luxury, functionality, and outstanding investment potential. Schedule your private showing today!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13526012
- Bedrooms
- 7 (4 + 3)
- Bathrooms
- 6 (1 half)
- Size
- 2000-2500
- Lot
- 39.37 × 107.69 ft
- Cross streets
- DIXIE RD/ WILLIAMS PKWY
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Private Double
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,375 / 2025
- Days on market
- 11
- Listing brokerage
- RE/MAX GOLD REALTY INC.
Rooms
Listed at $1,199,000, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($533/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Westgate, so I widened the search to the surrounding area.
Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $926K, a bit lower.
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 $1.01M
- Bathrooms +$15K
- Adjusts to $1.03M
That comparable adjusts to $1.03M; the $1.05M estimate above is the median of all 15 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. Dixie Rd opp Crescent Hill Dr (S) is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.05M, median of 15 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% above the area average of $510/sqft.
10 days longer than the Brampton average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Westgate, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Dixie Rd opp Crescent Hill Dr (S), about 88 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $959,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,119
- Property tax
- $531
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,650
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,455
- Estimated closing costs
- $20,455
Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $307,119
- Principal paid down
- $122,154
- Interest paid
- $184,964
- Balance remaining
- $837,046
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX GOLD REALTY INC.. MLS®/PropTx.