313-300 Ray Lawson Boulevard, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13729172

$385,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Parking
800-899Sq Ft

About this home

Welcome To This Bright And Spacious 2 Bedroom 2 Bathroom Corner Unit In The Desirable Fletcher's Creek South Community! Featuring Sleek Flooring Throughout (No Carpet), A Sun Filled Open Concept Living And Dining Area, A Modern Eat In Kitchen And A Walkout To A Private Balcony With North West Views. Enjoy Two Generous Bedrooms On Opposite Ends Of The Unit For Added Privacy, Two Full Bathrooms, Ensuite Laundry And One Parking Space. Building Amenities Include A Gym, Party Room, Guest Suites, Visitor Parking And Bike Storage. Conveniently Located Close To Schools, Parks, Places Of Worship, Shopping, Restaurants, Public Transit, Sheridan College And Highways 407, 410 And 401. The Upcoming Hurontario LRT Will Offer Even Greater Connectivity!

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13729172
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
McLaughlin Rd S & Steeles Ave W
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Other
Foundation
Concrete
Roof
Unknown, Other
Maintenance
$918/mo
Exposure
North West
Property tax
$2,757 / 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 2Main4.10 × 2.60 m

laminate · window · closet

KitchenMain3.00 × 2.60 m

tile floor · family size kitchen · window

Dining RoomMain6.10 × 3.40 m

laminate · combined w/living · window

Primary BedroomMain4.00 × 3.00 m

laminate · 4 pc ensuite · closet

Living RoomMain6.10 × 3.40 m

laminate · combined w/dining · w/o to balcony

Our TakeTeam Asgarian · Broker
Below comparables
$439Kest. value

Listed at $385,000, and my independent estimate is about 12% below comparable homes, worth a close look.

List price
$385KBelow asking range$485KAbove asking range

Total price vs nearby homes. Fair value about $439K, median of 5 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $453/sqft against an area asking average of $557/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $348K, a bit lower.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • 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

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 nearby.

What sellers nearby are askingCurrently listed nearby in Fletcher's Creek South · asking prices
$438kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

201-300 Ray Lawson Boulevard $512/sqft$435k514-300 Ray Lawson Boulevard $567/sqft$425k416-300 Ray Lawson Boulevard $565/sqft$480k501-20 Cherrytree Drive $408/sqft$449k421-225 Malta Avenue $534/sqft$400k

Per square foot, these ask about $517/sqft; this home lists at $453/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
385kThis home435k425k480k449k400kThis 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 South
$334K
Downtown Brampton
$511K
Bram West
$400K
Queen Street Corridor
$450K
Northwest Brampton
$446K

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
$1,755/mo
$95KIncome needed
4.0×Price ÷ income
$405Weekly 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.

60%mortgage
Mortgage $1,755Property tax $230Condo fee $918Total carry $2,902

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,660per month

Mortgage amount $308,000 · 4.24% over 25 years

$77,000Down payment (20.0%)
$308,000Loan before insurance
$0CMHC premium
$2,808Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,660
Property tax
$230
Condo / maintenance fees
$918
Heating
$0
Estimated monthly cost
$2,808

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

One-time closing costs

Ontario land transfer tax
$4,250
Estimated closing costs
$4,250

Plus your down payment of $77,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$2,015/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

$190,139Total interest paid
$498,139Total of all payments
Principal $308,000 Interest $190,139
YearPrincipalInterestBalance
1$7,116$12,809$300,884
2$7,421$12,504$293,463
3$7,739$12,186$285,723
4$8,071$11,855$277,652
5$8,417$11,509$269,236
6$8,777$11,148$260,459
7$9,153$10,772$251,305
8$9,546$10,380$241,759
9$9,955$9,971$231,805
10$10,381$9,544$221,424
11$10,826$9,100$210,598
12$11,290$8,636$199,308
13$11,774$8,152$187,534
14$12,278$7,647$175,256
15$12,804$7,121$162,451
16$13,353$6,573$149,099
17$13,925$6,000$135,173
18$14,522$5,404$120,652
19$15,144$4,781$105,508
20$15,793$4,133$89,715
21$16,470$3,456$73,245
22$17,175$2,750$56,069
23$17,911$2,014$38,158
24$18,679$1,247$19,479
25$19,479$446$0

At the end of your 5-year term

Total paid over the term
$99,628
Principal paid down
$38,764
Interest paid
$60,864
Balance remaining
$269,236

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$2,700/mo
$32,400Gross annual rent
3.8%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.

8.4%
Gross yield
− Property tax $2,757− Condo fees $11,016− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,463

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

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