8 Elizabeth Street, Brampton, ON

Downtown Brampton, Brampton · MLS® W13544932

$1,179,900
For Sale
Listed 8 days ago
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4Bedrooms
3Bathrooms
2Garage · 5 parking
2500-3000Sq Ft

About this home

Calling all professionals.....This sensational 3(+1) bedroom executive home in downtown Brampton boast over 3200 sqft. of tastefully decorated, luxurious living space combining the charm of yesteryear with all of today's sought after modern conveniences. The wrought iron main gate leads up to the early century style covered front porch into the grand foyer where the traditional floor plan is sure to impress. French door enclosed great room w/espresso hardwood floors, an array of picture windows and warming gas fireplace is the perfect place to unwind. The formal dining rm with beamed ceilings and richly stained colonial wainscotting leads into the spectacular modern kitchen " to die for " with high end designer finishes that include: travertine floors, custom cabinetry, cultured backsplash, a posh sit-up breakfast bar, built-in appliances, 6 burner commercial gas stove and a window filled eat-in area with gas stove & acoustic ceilings that w/o to ultra private sundeck overlooking your own " Muskoka ESQUE" backyard with gazebo television area and tranquil inground pool where family gatherings will be most enjoyed. There are 3 terriffic size upper floor bedrooms, modern luxurious 3pce bath and a separate entrance leading to a functional self-contained 1bdrm basement apartment ideal for a small professional practice. Im sure you'll agree that houses of this distinction are a rare find.....

Key facts

Property type
Detached, 3-Storey
MLS®
W13544932
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
2500-3000
Lot
62 × 124 ft
Cross streets
Queen st/Elizabeth st S
Parking
2 garage · 5 parking (detached)
Driveway
Private, Tandem
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Metal
Sewer
Sewer
Pool
Inground
Property tax
$8,147 / 2026
Days on market
8
Listing brokerage
ROYAL LEPAGE CERTIFIED REALTY

Rooms

BedroomBasement3.90 × 3.86 m

laminate · large closet · above grade window

Bedroom 2Second3.78 × 3.68 m

hardwood floor · ceiling fan(s) · double closet

KitchenGround5.65 × 4.88 m

breakfast bar · b/i appliances · quartz counter

LaundrySecond2.52 × 2.06 m

separate room · ceramic floor · picture window

KitchenBasement3.90 × 2.97 m

modern kitchen · centre island · pot lights

Bedroom 3Second4.53 × 3.70 m

hardwood floor · gas fireplace · picture window

RecreationBasement3.90 × 2.86 m

open concept · pot lights · walk-up

BathroomSecond3.50 × 2.80 m

marble floor · custom counter · renovated

Utility RoomBasement3.90 × 2.67 m

separate room · b/i shelves · window

Living RoomGround5.73 × 4.50 m

hardwood floor · gas fireplace · french doors

BreakfastGround4.57 × 2.85 m

pot lights · limestone flooring · w/o to sundeck

Dining RoomGround5.00 × 4.35 m

hardwood floor · wainscoting · french doors

Primary BedroomSecond3.83 × 3.17 m

hardwood floor · b/i closet · california shutters

Powder RoomSecond1.78 × 1.00 m

tile floor · pedestal sink · renovated

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.44Mest. value

Listed at $1,179,900, this home is tracking about 18% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 36 similar homes nearby, adjusted for size, beds, and baths.Median of 36 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.27M, 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 $800K
  • Bathrooms +$15K
  • Adjusts to $815K

That comparable adjusts to $815K; the $1.44M estimate above is the median of all 36 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 W at Elizabeth St S is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.18MGreat deal$1.60MOverpriced

Total price vs nearby homes. Fair value about $1.44M, median of 36 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Downtown Brampton · asking prices
$1.05Mavg asking

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

12 Woodbrook Drive$1.30M22 Peel Avenue$950k34 Mercer Drive$1.02M26 Craig Street$1.20M16 Wellington Street$800k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.18MThis home1.30M950k1.02M1.20M800kThis home vs active comparables
Live market pulseActive comparables in Downtown Brampton · median list $899K
$429this home / sqft
40active listings nearby
8days on market

This home lists 33% below the area average of $644/sqft.

7 days longer than the Brampton average (1 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

84/ 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 W at Elizabeth St S, about 84 m away

20+ transit stops6 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 East
$816K
Northwood Park
$999K
Fletcher's West
$969K
Heart Lake West
$811K
Credit Valley
$1.34M

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
$5,378/mo
$231KIncome needed
5.1×Price ÷ income
$1,241Weekly 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.

89%mortgage
Mortgage $5,378Property tax $679Total carry $6,057

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)
$5,037per month

Mortgage amount $943,920 · 4.14% over 25 years

$235,980Down payment (20.0%)
$943,920Loan before insurance
$0CMHC premium
$5,716Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,037
Property tax
$679
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,716

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

One-time closing costs

Ontario land transfer tax
$20,073
Estimated closing costs
$20,073

Plus your down payment of $235,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,118/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

$567,212Total interest paid
$1,511,132Total of all payments
Principal $943,920 Interest $567,212
YearPrincipalInterestBalance
1$22,113$38,333$921,807
2$23,038$37,408$898,769
3$24,001$36,444$874,768
4$25,005$35,440$849,763
5$26,051$34,394$823,712
6$27,141$33,304$796,571
7$28,276$32,169$768,294
8$29,459$30,986$738,836
9$30,691$29,754$708,144
10$31,975$28,470$676,169
11$33,312$27,133$642,857
12$34,706$25,739$608,151
13$36,157$24,288$571,994
14$37,670$22,775$534,324
15$39,246$21,200$495,078
16$40,887$19,558$454,191
17$42,597$17,848$411,594
18$44,379$16,066$367,215
19$46,236$14,210$320,979
20$48,169$12,276$272,810
21$50,184$10,261$222,625
22$52,283$8,162$170,342
23$54,470$5,975$115,871
24$56,749$3,696$59,123
25$59,123$1,323$0

At the end of your 5-year term

Total paid over the term
$302,226
Principal paid down
$120,208
Interest paid
$182,018
Balance remaining
$823,712

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$5,250/mo
$63,000Gross annual rent
3.9%Est. cap rate

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 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.

5.3%
Gross yield
− Property tax $8,147− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,523

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY. MLS®/PropTx.

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