10 Elmstead Court, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13663736

$749,000
For Sale
Listed 40 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
1Garage · 4 parking
700-1100Sq ft

About this home

In short

  • Welcome to this well-maintained 3-bedroom freehold semi-detached in a highly convenient location.
  • Featuring a functional layout, a finished basement offering additional living space, and a spacious backyard.
  • Convenient access to Highways 407, 401 & 410 makes commuting throughout the GTA easy.

Welcome to this well-maintained 3-bedroom freehold semi-detached in a highly convenient location. Featuring a functional layout, a finished basement offering additional living space, and a spacious backyard. Ideally located within walking distance to Nanaksar Gurudwara, Sheridan College, parks, schools, plazas, public transit, recreation centre, and library. Convenient access to Highways 407, 401 & 410 makes commuting throughout the GTA easy. A great opportunity for families, first-time buyers, or investors!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13663736
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
22.96 × 104.99 ft
Cross streets
Ray Lawson/Timberlane
Parking
1 garage · 4 parking (attached)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,719 / 2025
Days on market
40
Listing brokerage
RE/MAX GOLD REALTY INC.

Rooms

Primary BedroomSecond3.60 × 2.79 m

Laminate

Bedroom 2Second3.75 × 2.98 m

Laminate

KitchenGround4.46 × 2.36 m

ceramic floor · combined w/living

BedroomBasement4.92 × 3.90 m

Laminate

Dining RoomGround2.48 × 2.36 m

laminate · bay window

Bedroom 3Upper2.87 × 2.45 m

laminate · closet

Living RoomGround3.67 × 2.89 m

Laminate

RecreationBasement4.92 × 3.90 m

Laminate

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$645Kautomated estimate, from recent sales

Listed at $749,000. Recent sales of homes like it put this one around $645K, so the ask is about 16% above what similar homes have sold for.

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

List price
$605KBelow recent closings$749KAbove recent closings

Total price vs nearby homes. Fair value about $645K, learned from recent GTA sales.

The market behind the math:

40days on market so far
$2,048/moest. rent · 5 leases
3.3%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $832/sqft against an area asking average of $543/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $696K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Fletcher's Creek South, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Fletcher's Creek South over the past two years, from 16 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$747kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $645K, which is where my estimate comes from.

Per square foot, these ask about $584/sqft; this home lists at $832/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
749kThis home869k650k745k739k730kThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brampton North
$705K
Brampton West
$734K
Credit Valley
$922K
Fletcher's Creek Village
$850K
Madoc
$801K

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
$3,414/mo
$147KIncome needed
5.1×Price ÷ income
$788Weekly cost
$11,455Land transfer tax, one-time (Ontario)
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.

90%mortgage
Mortgage $3,414Property tax $393Total carry $3,807

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,280per month

Mortgage amount $599,200 · 4.39% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$3,673Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,280
Property tax
$393
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,673

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

One-time closing costs

Ontario land transfer tax
$11,455
Estimated closing costs
$11,455

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,974/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

$384,760Total interest paid
$983,960Total of all payments
Principal $599,200 Interest $384,760
YearPrincipalInterestBalance
1$13,559$25,799$585,641
2$14,161$25,197$571,480
3$14,789$24,569$556,690
4$15,446$23,913$541,245
5$16,131$23,227$525,113
6$16,847$22,511$508,266
7$17,595$21,763$490,671
8$18,376$20,983$472,295
9$19,191$20,167$453,104
10$20,043$19,315$433,061
11$20,933$18,426$412,128
12$21,862$17,497$390,266
13$22,832$16,526$367,434
14$23,845$15,513$343,589
15$24,904$14,455$318,685
16$26,009$13,349$292,676
17$27,163$12,195$265,513
18$28,369$10,990$237,144
19$29,628$9,731$207,516
20$30,943$8,416$176,574
21$32,316$7,042$144,258
22$33,750$5,608$110,507
23$35,248$4,110$75,259
24$36,813$2,546$38,446
25$38,446$912$0

At the end of your 5-year term

Total paid over the term
$196,792
Principal paid down
$74,087
Interest paid
$122,705
Balance remaining
$525,113

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
From 5 whole-home leases in Fletcher's Creek South$2,048/mo
$24,576Gross annual rent
2.1%Cap rate after taxes and upkeep
$1,802 to $2,509Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Fletcher's Creek South signed at a median of $2,995 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,048. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.3%
Gross yield
− Property tax $4,719− Insurance $1,400− Vacancy & upkeep $2,703Net operating income $15,754

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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