412-54 Sky Harbour Drive, Brampton, ON

Bram West, Brampton · MLS® W13738966

$540,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Top-Floor Living In The Heart Of Bram West.
  • This Bright And Spacious, Carpet-Free 2-Bedroom Suite At Olivia Marie Gardens Features A Functional Open-Concept Layout With A Comfortable Living And Dining Area And...
  • Ideally Located Near Mississauga Rd And Steeles Ave, With Easy Access To Highways 401 And 407, Public Transit, @ Doorstep Schools, Parks, Shopping, Restaurants And...

Top-Floor Living In The Heart Of Bram West! This Bright And Spacious, Carpet-Free 2-Bedroom Suite At Olivia Marie Gardens Features A Functional Open-Concept Layout With A Comfortable Living And Dining Area And A Walkout To The Open Balcony. The Kitchen Offers Granite Countertops And Stainless-Steel Appliances, Both Bedrooms Feature Generous Space, Closets And Large Windows. Ensuite Laundry & One Owned Underground Parking Space. NE Exposure Offering Stunning Sunset's & Large Balcony Offering Beautiful Sunrise. Ideally Located Near Mississauga Rd And Steeles Ave, With Easy Access To Highways 401 And 407, Public Transit, @ Doorstep Schools, Parks, Shopping, Restaurants And Everyday Amenities. An Excellent Opportunity For First-Time Buyers, Downsizers Or Investors!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13738966
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Mississauga Rd & Steeles Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Maintenance
$514/mo
Exposure
North East
Property tax
$3,500 / 2025
Days on market
18
Listing brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.

Rooms

Primary BedroomMain13.85 × 10.01 m

broadloom · closet · window

KitchenMain17.42 × 29.33 m

ceramic floor · stainless steel appl · granite counters

Living RoomMain17.42 × 29.33 m

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

Bedroom 2Main10.07 × 8.83 m

broadloom · closet · window

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$419Kautomated estimate, from recent sales

Listed at $540,000. Recent sales of homes like it put this one around $419K, so the ask is about 29% 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
$390KBelow recent closings$540KAbove recent closings

Total price vs nearby homes. Fair value about $419K, learned from recent GTA sales.

The market behind the math:

18days on market so far
$2,242/moest. rent · 16 leases
5.0%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $720/sqft against an area asking average of $481/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 and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $402K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Bram West, so I widened the search to the surrounding area.

Based on 9 homes sold in this building over the past two years, from 16 closings in Bram West.

What sellers nearby are askingCurrently listed nearby · asking prices
$476kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $419K, which is where my estimate comes from.

Per square foot, these ask about $536/sqft; this home lists at $720/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
540kThis home500k560k369kThis home vs active comparables

Neighbourhood & location

Bram West, 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
$371K
Fletcher's Creek South
$447K
Downtown Brampton
$508K
Northwest Brampton
$467K
Queen Street Corridor
$436K

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
$2,461/mo
$117KIncome needed
4.6×Price ÷ income
$568Weekly cost
$7,275Land 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.

75%mortgage
Mortgage $2,461Property tax $292Condo fee $514Total carry $3,267

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)
$2,365per month

Mortgage amount $432,000 · 4.39% over 25 years

$108,000Down payment (20.0%)
$432,000Loan before insurance
$0CMHC premium
$3,170Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,365
Property tax
$292
Condo / maintenance fees
$514
Heating
$0
Estimated monthly cost
$3,170

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

One-time closing costs

Ontario land transfer tax
$7,275
Estimated closing costs
$7,275

Plus your down payment of $108,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,865/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

$277,397Total interest paid
$709,397Total of all payments
Principal $432,000 Interest $277,397
YearPrincipalInterestBalance
1$9,776$18,600$422,224
2$10,209$18,166$412,015
3$10,663$17,713$401,352
4$11,136$17,240$390,216
5$11,630$16,746$378,586
6$12,146$16,230$366,440
7$12,685$15,691$353,755
8$13,248$15,128$340,507
9$13,836$14,540$326,670
10$14,450$13,926$312,220
11$15,092$13,284$297,128
12$15,761$12,614$281,367
13$16,461$11,915$264,906
14$17,192$11,184$247,714
15$17,955$10,421$229,760
16$18,751$9,624$211,008
17$19,584$8,792$191,425
18$20,453$7,923$170,972
19$21,361$7,015$149,611
20$22,309$6,067$127,303
21$23,299$5,077$104,004
22$24,333$4,043$79,671
23$25,413$2,963$54,259
24$26,540$1,835$27,718
25$27,718$658$0

At the end of your 5-year term

Total paid over the term
$141,879
Principal paid down
$53,414
Interest paid
$88,466
Balance remaining
$378,586

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 16 whole-home leases in Bram West$2,242/mo
$26,904Gross annual rent
2.5%Cap rate after taxes and upkeep
$2,130 to $2,354Typical rent range
~20 daysTo find a tenant, on average

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 16 whole-home leases in Bram West signed at a median of $2,089 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,242. 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.

5.0%
Gross yield
− Property tax $3,500− Condo fees $6,168− Insurance $600− Vacancy & upkeep $2,959Net operating income $13,677

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC.. MLS®/PropTx.

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