85 Lanewood Street, Brampton, ON
Sandringham-Wellington, Brampton · MLS® W13559270
About this home
Welcome to 85 Lanewood St., a spacious detached family home offering comfort, functionality, and endless potential. The thoughtfully designed main floor features multiple living spaces, including separate living, dining, and family rooms, ideal for both everyday living and entertaining. The well-appointed kitchen offers ample cabinetry, and a bright breakfast area overlooking the backyard. A dramatic two-storey foyer creates a welcoming entrance, while the main-floor laundry adds convenience. Upstairs, you'll find four generously sized bedrooms, including a large primary retreat complete with a walk-in closet and a private 5-piece ensuite. Enjoy carpet-free living throughout, along with a double-car garage and parking for up to six vehicles. A fantastic opportunity to own a well-maintained home in a sought-after family-friendly neighbourhood. Private backyard enhanced with a stone patio, ideal for outdoor enjoyment.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13559270
- Bedrooms
- 7 (4 + 3)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 36.91 × 108.27 ft
- Cross streets
- Bramalea Rd & Peter Robertson
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,264 / 2025
- Days on market
- 4
- Listing brokerage
- CENTURY 21 PROPERTY ZONE REALTY INC.
Rooms
hardwood floor · double closet · window
tile floor · w/o to yard · california shutters
tile floor · access to garage · separate room
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · double closet · window
hardwood floor · gas fireplace · pot lights
hardwood floor · pot lights · window
hardwood floor · window · california shutters
hardwood floor · double closet · window
Listed at $1,036,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 38 similar homes nearby, adjusted for size, beds, and baths.Median of 38 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.08M, 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 $1000K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.04M
That comparable adjusts to $1.04M; the $1.07M estimate above is the median of all 38 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. Bovaird Dr E btwn Bramalea Rd & Fernforest Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.07M, median of 38 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.
- 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
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 5% below the area average of $483/sqft.
3 days longer than the Brampton average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Sandringham-Wellington, 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: Bovaird Dr E btwn Bramalea Rd & Fernforest Dr, about 263 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 $829,599 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,427
- Property tax
- $605
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,032
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,215
- Estimated closing costs
- $17,215
Plus your down payment of $207,400. 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
- $265,623
- Principal paid down
- $105,650
- Interest paid
- $159,973
- Balance remaining
- $723,950
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 CENTURY 21 PROPERTY ZONE REALTY INC.. MLS®/PropTx.