409 Fernforest Drive, Brampton, ON

Sandringham-Wellington, Brampton · MLS® W13715202

$1,049,000
For Sale
Listed 25 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Stunning upgraded detached home offering featuring 4+2 bedrooms and a fully Legal Basement apartment-perfect for extended family living or generating rental income.
  • Conveniently located close to schools, parks, shopping plazas, public transit, and all essential amenities.

Stunning upgraded detached home offering featuring 4+2 bedrooms and a fully **Legal Basement** apartment-perfect for extended family living or generating rental income. This beautiful home boasts a functional layout with separate living, dining, and family rooms, a modern upgraded kitchen with granite countertops and backsplash, elegant oak staircase, pot lights throughout, and carpet-free flooring across the entire home. The spacious primary rooms provide comfort for the whole family, while the large backyard is ideal for entertaining and outdoor gatherings. Conveniently located close to schools, parks, shopping plazas, public transit, and all essential amenities. A fantastic opportunity to own a move-in-ready home loaded with upgrades, space, and income potential in a highly desirable neighbourhood.

Key facts

Property type
Detached, 2-Storey
MLS®
W13715202
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
36.12 × 101.7 ft
Cross streets
Dixie/Countryside
Parking
2 garage · 6 parking (attached)
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,528 / 2025
Days on market
25
Listing brokerage
RE/MAX GOLD REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.03Mlikely closing

Listed at $1,049,000 with no offer date. Homes here have been closing close to ask, so my read is $1.03M, typically $1.01M to $1.04M. Comparable closings on their own put this home around $997K, which supports the ask, so this is a firm read.

List price
$1.01MBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $1.03M, from 64 recent closings in this pocket.

The market behind the math:

64sold nearby · 90 days
$998Kmedian sold price
98%of asking, on average
−8%prices vs a year ago
~21 dayshomes like this take to sell
25days on market so far
$3,453/moest. rent · 57 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 64 detached homes for sale in the area against 64 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $466/sqft against an area asking average of $472/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Sandringham-Wellington: 56 of the 241 detached leases here lately were basement units, around $1,750 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Brampton.
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 64 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $975K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($466/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 64 comparable homes that sold in Sandringham-Wellington over the past two years, from 484 closings there.

What sellers nearby are askingCurrently listed nearby in Sandringham-Wellington · asking prices
$1.05Mavg asking

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

Per square foot, these ask about $467/sqft; this home lists at $466/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.05MThis home1.05M1.03M1.07M999k1.10MThis home vs active comparables

Neighbourhood & location

Sandringham-Wellington, 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.

Heart Lake East
$1.30M
Northgate
$869K
Westgate
$950K
Heart Lake West
$812K
Madoc
$1.02M

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
$4,781/mo
$207KIncome needed
5.1×Price ÷ income
$1,103Weekly cost
$17,455Land 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.

88%mortgage
Mortgage $4,781Property tax $627Total carry $5,408

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)
$4,594per month

Mortgage amount $839,200 · 4.39% over 25 years

$209,800Down payment (20.0%)
$839,200Loan before insurance
$0CMHC premium
$5,221Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,594
Property tax
$627
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,221

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

One-time closing costs

Ontario land transfer tax
$17,455
Estimated closing costs
$17,455

Plus your down payment of $209,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,565/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

$538,869Total interest paid
$1,378,069Total of all payments
Principal $839,200 Interest $538,869
YearPrincipalInterestBalance
1$18,990$36,133$820,210
2$19,833$35,290$800,377
3$20,713$34,410$779,664
4$21,632$33,490$758,032
5$22,592$32,530$735,439
6$23,595$31,528$711,844
7$24,642$30,480$687,202
8$25,736$29,387$661,466
9$26,878$28,245$634,587
10$28,071$27,052$606,516
11$29,317$25,806$577,199
12$30,618$24,505$546,581
13$31,977$23,146$514,604
14$33,396$21,727$481,208
15$34,878$20,244$446,329
16$36,426$18,696$409,903
17$38,043$17,080$371,860
18$39,731$15,391$332,129
19$41,495$13,628$290,634
20$43,336$11,786$247,297
21$45,260$9,863$202,038
22$47,268$7,854$154,769
23$49,366$5,756$105,403
24$51,557$3,565$53,846
25$53,846$1,277$0

At the end of your 5-year term

Total paid over the term
$275,614
Principal paid down
$103,761
Interest paid
$171,853
Balance remaining
$735,439

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 57 whole-home leases in Sandringham-Wellington$3,453/mo
$41,436Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,200 to $3,626Typical rent range
~26 daysTo find a tenant, on average

The suite is real income here: basements rent in Sandringham-Wellington (56 of 241 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 57 whole-home leases in Sandringham-Wellington signed at a median of $3,456 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,453. 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.

4.0%
Gross yield
− Property tax $7,528− Insurance $1,400− Vacancy & upkeep $4,558Net operating income $27,950

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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