16 Gatwick Lane, Unit 87, Brampton, ON

$760,000
MLS#:W11564549
4 beds
3 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Northgate. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $760,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Elegant Townhouse with 4 generous Beds + 2 and a half Baths. Situated in a well-maintained condo community near Bramalea Road and Queen Street East, this upgraded townhouse seamlessly combines style, convenience, and comfort. The home features 4 sunlit bedrooms and 2 modern full bathrooms on the upper level (including a primary ensuite), a spacious living area with cozy wood fireplace, a sleek upgraded kitchen with breakfast nook, and a powder room on the main floor. The fully finished basement adds extra space for entertaining, storage or for the kids to hang. With all the upgrades, including a brand new furnace (2024) and stove (2024), this property is truly move-in ready with substantial investments in modern upgrades.The community offers incredible amenities such as a swimming pool, tennis court, park, and ample visitor parking. Steps away from Zum bus stops, Bramalea City Centre, Chinguacousy Park, and top-rated schools, this location is second to none. The maintenance fee includes water, high-speed Rogers Internet & TV, building insurance, roof and lawn care, and more, ensuring peace of mind.This is your chance to own a spacious, stylish, and impeccably located homedont miss out!

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Property Summary

This townhouse located at 16 Gatwick Lane, Brampton is currently for sale and has been available on SousaSells for 593 days. This property is listed at $760,000 with an estimated mortgage of $2,530* per month. It has 4 beds, 3 bathrooms, and is 1400-1599 square feet. 16 Gatwick Lane, Brampton is in the Northgate neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 2, 2025
Sold price information is available to members only
Listed Date11/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished
CountyPeel
Annual Tax$3,353.76

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Hospital, School

Interior Features

None

Security Features

Community Features

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Location

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16 Gatwick Lane, Unit 87, Brampton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Gatwick Lane, Brampton, ON L6S 2E4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Brampton.

Configure Loan Settings

Interest Rate4.00%
Down Payment$228,000 (30.0%)
* Minimum Canadian down payment required for this price is $51,000.
Amortization Period30 Years
Estimated Monthly Payment$2,530Based on a loan of $532,000 over 30 years.
Purchase Price$760,000
Loan Amount$532,000
Provincial Land Transfer Tax:$11,675
Total Estimated Closing Taxes:$11,675

About Purchasing a Home in Brampton, ON

For a property listed at $760,000 in Brampton, the legal minimum down payment is $51,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,675 for this transaction. As this listing is in Brampton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,675.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Northgate, Brampton.

Verified Local Data
City Population656,480
City Median Age35.8 Yrs
City Ownership76% Owners
Avg Area List Price$827,689

People & Families

Age Distribution

Household Composition

One-person households
14%
Families with children
58%
Couples without children
20%
Other households
8%

Top Ethnic Origins

Indian42%
Canadian10%
English6%
Jamaican5%

Local Schools Guide

Elementary Schools

St Jean Brebeuf
Public63 Glenforest Road, Bramalea, Brampton, Ontario, L6S 1L8
5.5
St John Bosco
Public1025 North Park Drive, Brampton, Ontario, L6S 4E1
6.2
Georges Vanier
Public28 Finchgate Boulevard, Bramalea, Brampton, Ontario, L6T 3H9
6.6
St Anthony
Public950 North Park Drive, Bramalea, Brampton, Ontario, L6S 3L5
4.2
Khalsa Community
PublicMarmora Place, Bramalea, Brampton, Ontario, L6S 3E3
10.0

Secondary Schools

Holy Name of Mary
Public115 Glenvale Boulevard, Bramalea, Brampton, Ontario, L6S 3J7
7.2
Judith Nyman
Public1305 Williams Parkway East, Bramalea, Brampton, Ontario, L6S 3J8
0.7
St. Thomas Aquinas
Catholic25 Corporation Drive, Brampton, Ontario, L6S 6A2
4.2
Bramalea SS
PublicBramalea, Brampton, Ontario, L6T 1B4
5.0
Central Peel SS
PublicCentral Park Drive, Bramalea, Brampton, Ontario, L6T 1B4
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied76%
Rented24%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.