71 Ravenswood Drive, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13550086

$879,000
For Sale
Listed 7 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Beautifully upgraded 4 bedroom detached home in a prime location near Sheridan College, the community recreation center, library, and Nanaksar Gurudwara Sahib. This well-maintained property features extensive updates. The main floor offers hardwood flooring, an elegant oak staircase, and pot lights, while the upper level is fully carpet-free with quality laminate flooring for a modern look. Recent upgrades include a brand-new AC (2025), new furnace (2025), and a renovated kitchen. A must-see home in a fantastic neighborhood!

Key facts

Property type
Detached, 2-Storey
MLS®
W13550086
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
40.57 × 106.4 ft
Cross streets
McLaughlin Rd/Ray Lawson Blvd
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Unfinished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,604 / 2025
Days on market
7
Listing brokerage
RE/MAX GOLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.01Mest. value

Listed at $879,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.05M, 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 $949K
  • Bedrooms −$30K
  • Adjusts to $919K

That comparable adjusts to $919K; the $1.01M estimate above is the median of all 11 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. Cherrytree Dr n/of Rembrandt Crt (N) is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$879KGreat deal$1.09MOverpriced

Total price vs nearby homes. Fair value about $1.01M, median of 11 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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.05Mavg asking

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

3 SILVERBELL Court$999k6 Lockburn Crescent$1.04M37 Sewells Lane$999k15 Aylesbury Drive$1.10M11 Sinatra Street$1.10M

The 5 closest active listings nearby.

See all comparable homes
879kThis home999k1.04M999k1.10M1.10MThis home vs active comparables
Live market pulseActive comparables in Fletcher's Creek South · median list $980K
$391this home / sqft
21active listings nearby
7days on market

This home lists 18% below the area average of $479/sqft.

6 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

Fletcher's Creek South, 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

72/ 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: Cherrytree Dr n/of Rembrandt Crt (N), about 363 m away

20+ transit stops2 grocery20+ dining20+ parks12 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.

Fletcher's West
$969K
Brampton East
$816K
Bram West
$1.34M
Northwood Park
$999K
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
$4,006/mo
$175KIncome needed
5.0×Price ÷ income
$925Weekly 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 $4,006Property tax $550Total carry $4,557

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)
$3,753per month

Mortgage amount $703,200 · 4.14% over 25 years

$175,800Down payment (20.0%)
$703,200Loan before insurance
$0CMHC premium
$4,303Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,753
Property tax
$550
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,303

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

One-time closing costs

Ontario land transfer tax
$14,055
Estimated closing costs
$14,055

Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,558/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

$422,561Total interest paid
$1,125,761Total of all payments
Principal $703,200 Interest $422,561
YearPrincipalInterestBalance
1$16,474$28,557$686,726
2$17,163$27,868$669,564
3$17,880$27,150$651,683
4$18,628$26,402$633,055
5$19,408$25,623$613,647
6$20,219$24,811$593,428
7$21,065$23,965$572,363
8$21,946$23,084$550,416
9$22,864$22,166$527,552
10$23,821$21,210$503,732
11$24,817$20,213$478,915
12$25,855$19,175$453,060
13$26,937$18,094$426,123
14$28,063$16,967$398,060
15$29,237$15,793$368,823
16$30,460$14,570$338,363
17$31,734$13,296$306,628
18$33,062$11,969$273,567
19$34,444$10,586$239,122
20$35,885$9,145$203,237
21$37,386$7,644$165,851
22$38,950$6,080$126,901
23$40,579$4,451$86,322
24$42,277$2,754$44,045
25$44,045$985$0

At the end of your 5-year term

Total paid over the term
$225,152
Principal paid down
$89,553
Interest paid
$135,599
Balance remaining
$613,647

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$4,200/mo
$50,400Gross annual rent
4.2%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.

5.7%
Gross yield
− Property tax $6,604− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,852

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

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