2205-24 Hanover Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13527102

$519,999
For Sale
Listed 11 days ago
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3Bedrooms
1Bathrooms
2Garage
800-899Sq Ft

About this home

***PENTHOUSE LIVING AT ITS FINEST - LUXURY, PRIVACY & MILLION-DOLLAR VIEWS ***Welcome to an exceptional, fully renovated 1+2 penthouse suite at Bellair On The Park Condos in Brampton. This is not just a home... it's a lifestyle upgrade. From the moment you arrive, the gated security entrance and controlled floor access set the tone for exclusivity and privacy. Step inside and be captivated by a mint-condition, executive residence designed for those who appreciate elegance, comfort, and breathtaking surroundings. Million-dollar panoramic views overlooking Chinguacousy Park and the city skyline. Stunning marble fireplace anchoring a sophisticated living space. Spacious eat-in kitchen with quartz counters, ceramic floors & stainless steel appliances. Large primary bedroom with double closets & private ensuite. Convenient in-suite stackable laundry. Two side-by-side underground parking spots.The natural light pours through expansive windows, offering spectacular sunrises that make every morning feel inspiring and new. Resort-Style Amenities Include: Indoor pool, hot tub & sauna. Fully equipped fitness rooms (cardio + weight training)Tennis courts, basketball court & squash/racquetball court. Party room, billiards room & beautifully landscaped grounds Gazebo, BBQ area, rock garden with waterfall & scenic walking trails Unbeatable Location: Less than 10 minutes walk to Bramalea City Centre, Chinguacousy Park, transit terminal, grocery stores, library, recreation centre, and more. Quick access to GO Transit, hospitals, schools, and major highways. This penthouse has been fully renovated with impeccable taste, offering high ceilings, refined finishes, and a truly executive feel. It's elegant, elevated, and absolutely unforgettable. This is the one that stands above the rest. Don't miss this rare opportunity!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13527102
Bedrooms
3 (1 + 2)
Bathrooms
1
Size
800-899
Cross streets
Queen St E. Central Park Dr.
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$714/mo
Exposure
North
Property tax
$2,641 / 2025
Days on market
11
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

KitchenMain11.48 × 9.51 m

quartz counter · tile floor

Dining RoomMain10.50 × 8.20 m

laminate · combined w/living

Primary BedroomMain14.44 × 10.99 m

large closet · large window · overlooks park

SolariumMain10.83 × 8.53 m

large window · overlooks park

Living RoomMain15.75 × 10.83 m

fireplace · laminate · combined w/kitchen

DenMain5.25 × 4.59 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$423Kest. value

Listed at $519,999, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 25 similar homes nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $472K, a bit higher.

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 $399K
  • Bedrooms +$30K
  • Adjusts to $429K

That comparable adjusts to $429K; the $423K estimate above is the median of all 25 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. Hanover Rd opp Helena Crt is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$373KGreat deal$520KOverpriced

Total price vs nearby homes. Fair value about $423K, median of 25 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$494kavg asking

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

2009-215 Queen Street$450k2109-18 Knightsbridge Road$505k1003-18 Knightsbridge Road$500k2110-4 Kings Cross Road$547k507-12 Laurelcrest Street$470k

The 5 closest of 8 active listings nearby.

See all comparable homes
520kThis home450k505k500k547k470kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $448K
$612this home / sqft
39active listings nearby
11days on market

This home lists 32% above the area average of $465/sqft.

11 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

Queen Street Corridor, 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: Hanover Rd opp Helena Crt, about 60 m away

20+ transit stops6 grocery20+ dining20+ parks10 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.

Downtown Brampton
$454K
Sandringham-Wellington
$569K
Goreway Drive Corridor
$575K
Brampton South
$369K
Fletcher's Creek South
$489K

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
$2,370/mo
$114KIncome needed
4.6×Price ÷ income
$547Weekly 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.

72%mortgage
Mortgage $2,370Property tax $220Condo fee $714Total carry $3,304

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)
$2,220per month

Mortgage amount $415,999 · 4.14% over 25 years

$104,000Down payment (20.0%)
$415,999Loan before insurance
$0CMHC premium
$3,154Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,220
Property tax
$220
Condo / maintenance fees
$714
Heating
$0
Estimated monthly cost
$3,154

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

One-time closing costs

Ontario land transfer tax
$6,875
Estimated closing costs
$6,875

Plus your down payment of $104,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,696/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

$249,979Total interest paid
$665,978Total of all payments
Principal $415,999 Interest $249,979
YearPrincipalInterestBalance
1$9,745$16,894$406,254
2$10,153$16,486$396,101
3$10,578$16,061$385,523
4$11,020$15,619$374,503
5$11,481$15,158$363,022
6$11,961$14,678$351,060
7$12,462$14,177$338,598
8$12,983$13,656$325,615
9$13,526$13,113$312,089
10$14,092$12,547$297,998
11$14,681$11,958$283,316
12$15,295$11,344$268,021
13$15,935$10,704$252,086
14$16,602$10,037$235,484
15$17,296$9,343$218,188
16$18,020$8,620$200,169
17$18,773$7,866$181,395
18$19,559$7,081$161,837
19$20,377$6,262$141,460
20$21,229$5,410$120,231
21$22,117$4,522$98,114
22$23,042$3,597$75,072
23$24,006$2,633$51,066
24$25,010$1,629$26,056
25$26,056$583$0

At the end of your 5-year term

Total paid over the term
$133,196
Principal paid down
$52,978
Interest paid
$80,218
Balance remaining
$363,022

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$2,700/mo
$32,400Gross 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.

6.2%
Gross yield
− Property tax $2,641− Condo fees $8,563− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,032

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

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