16 Schooner Drive, Brampton, ON

$1,189,999
MLS#:W9284801
4 beds
5 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fletcher's Meadow. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,189,999 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 5 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 37.07 x 88.58 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 16 Schooner Dr , Great for 1 st time home buyers/investors are great rental potential/neighborhood , Located in The Highly Sought Community of Fletchers Meadow! This beautiful detach home offers 4 Bedrooms with 3 Full Bath + powder room, with a cozy Living Room with fireplace , a modern kitchen with newer appliances & A/C, a recently built finished basement with a washroom & fireplace. A perfect blend of suburban tranquility, with urban convenience and a warm and welcoming home ready for you to move in. Close Proximity to Great Schools, Parks, Shopping, Dining, Highways & Transit (Mt. Pleasant Go Station)ensures that everything you need is just moments or minutes away. Beautiful Backyard with no neighbor's at the back, open to serene green spaces and pond, and ample space for Outdoor Entertaining. Come visit your future home and visualize the way you want to make it your own home and build lasting memories . Check video/virtual tour for more details & pics.(prior to vacancy)

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Property Summary

This detached home located at 16 Schooner Drive, Brampton is currently for sale and has been available on SousaSells for 683 days. This property is listed at $1,189,999 with an estimated mortgage of $3,961* per month. It has 4 beds, 5 bathrooms, and is 2000-2500 square feet. 16 Schooner Drive, Brampton is in the Fletcher's Meadow neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
5
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 10, 2024
Sold price information is available to members only
Listed Date8/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Concrete
BasementFinished
Lot Size37.07 × 88.58 Feet
CountyPeel
Annual Tax$6,275.84
Legal DescriptionLOT 243, PLAN 43M1583, BRAMPTON. T/W EASEMENT OVER PT LOT 242 43M1583 DES AS PT 98 43R28724, AS IN PR937162. S/T EASEMENT FOR ENTRY AS IN PR937162.

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Lake/Pond, Park, Wooded/Treed, School, Public Transit

Interior Features

Water Heater

Security Features

Community Features

Location

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16 Schooner Drive, 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 Schooner Drive N, Brampton, ON L7A 3H3

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.

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Interest Rate4.00%
Down Payment$357,000 (30.0%)
* Minimum Canadian down payment required for this price is $238,000.
Amortization Period30 Years
Estimated Monthly Payment$3,961Based on a loan of $832,999 over 30 years.
Purchase Price$1,189,999
Loan Amount$832,999
Provincial Land Transfer Tax:$20,275
Total Estimated Closing Taxes:$20,275

About Purchasing a Home in Brampton, ON

For a property listed at $1,189,999 in Brampton, the legal minimum down payment is $238,000 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 $20,275 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 $20,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Fletcher's Meadow, Brampton.

Verified Local Data
City Population656,480
City Median Age35.8 Yrs
City Ownership76% Owners
Avg Area List Price$1,027,847

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 Bonaventure
Public35 McCrimmon Drive, Brampton, Ontario, L7A 2Z5
5.8
St Angela Merici
Public83 Edenbrook Hill Drive, Brampton, Ontario, L7A 2N7
5.1
Guardian Angels
Public62 Heatherdale Drive, Brampton, Ontario, L7A 2H4
6.0
St Aidan
Public34 Buick Boulevard, Brampton, Ontario, L7A 3B9
6.2
St Lucy
Public25 Kanata Road, Brampton, Ontario, L7A 3R2
5.4

Secondary Schools

St. Edmund Campion
Catholic275 Brisdale Drive, Brampton, Ontario, L7A 3C7
6.2
Heart Lake SS
PublicBrampton, Ontario
5.6

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.