38 Lockburn Crescent, Brampton, ON
Fletcher's Meadow, Brampton · MLS® W13535252
About this home
Welcome to this beautifully Fully upgraded detached home located in the highly desirable Fletcher's Meadow community of Brampton. Offering a perfect blend of modern upgrades, functional living spaces, and an unbeatable location, this stunning residence is ideal for families, first-time buyers, and investors alike. Featuring 3 spacious bedrooms, 3 upgraded washrooms, and a thoughtfully designed layout, this home offers comfort, style, and convenience in one of Brampton's most sought-after neighbourhoods. The extended driveway provides parking for up to 3 vehicles,. The attached garage includes a separate entrance to the basement, providing exceptional flexibility and future potential for additional living space, a recreation area, or extended family needs. Step inside and discover a bright and welcoming interior featuring beautiful hardwood flooring throughout the living and dining areas. The modern upgraded kitchen is a true highlight of the home, featuring stylish quartz countertops, contemporary cabinetry, and stainless steel appliances. The second level offers 3 generously sized bedrooms designed for comfort and privacy. The spacious primary bedroom provides a peaceful retreat with ample room for furniture and personal touches with modern ensuite and walk in closet. The additional bedrooms are versatile and well suited for children, guests, or a home office. Convenient second Floor laundry with extra set of laundry in Basement. The backyard offers a private outdoor space perfect for relaxing, entertaining, and enjoying quality time with family. Commuters will benefit from easy access to the GO Station, nearby bus stops, and major transportation routes, making travel throughout Brampton and the Greater Toronto Area convenient. Everyday essentials are also close by, including grocery stores, shopping plazas, restaurants, pharmacies, and other amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13535252
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 30.02 × 85.3 ft
- Cross streets
- Wanless Dr & Queen Mary Dr
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,703 / 2026
- Days on market
- 10
- Listing brokerage
- SMARTWAY REALTY
Rooms
2 way fireplace · w/o to deck · ceramic floor
stainless steel appl · backsplash
2 way fireplace · window
bay window · closet
window · closet
5 pc ensuite · walk-in closet(s) · window
Listed at $869,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $902K, 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 $865K
- Adjusts to $865K
That comparable adjusts to $865K; the $874K estimate above is the median of all 5 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 Mary Dr at Kanata Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $874K, median of 5 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 1% above the area average of $494/sqft.
8 days longer than the Brampton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Fletcher's Meadow, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Mary Dr at Kanata Rd, about 73 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 18, 2026); conventional rates run a little higher.
Mortgage amount $695,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,710
- Property tax
- $475
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,185
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,855
- Estimated closing costs
- $13,855
Plus your down payment of $173,800. 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
- $222,591
- Principal paid down
- $88,534
- Interest paid
- $134,057
- Balance remaining
- $606,666
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
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 SMARTWAY REALTY. MLS®/PropTx.