187 Lockwood Road, Brampton, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fletcher's West. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $899,100 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30.2 x 102 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
*** Legal Basement Apartment *** Welcome to this 2014 built detached home with about 2700 sq/ft of living space. Featuring a bright open-concept layout on the main floor, this home is ideal for families and entertainers alike. The spacious main-floor den is perfect for a home office, study, or flex space. The modern kitchen features stainless steel appliances, quartz countertops, a convenient breakfast area, and overlooks the inviting great room, complete with a cozy gas fireplace. Enjoy added convenience with direct garage access and hardwood flooring throughout the main floor, complemented by an elegant oak staircase and stylish pot lights. Upstairs, you'll find 3 generously sized bedrooms and 2 full bathrooms, including a spacious primary suite. The primary bedroom includes a 5-piece ensuite and a walk-in closet. The second-floor laundry room adds everyday convenience. The legal 2-bedroom basement apartment features a separate entrance, separate laundry and offers excellent rental income potential from day one. shows 10++++
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Property Summary
This detached home located at 187 Lockwood Road, Brampton is currently for sale and has been available on SousaSells for 44 days. This property is listed at $899,100 with an estimated mortgage of $2,993* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 187 Lockwood Road, Brampton is in the Fletcher's West neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 187 Lockwood Road, Brampton, ON L6Y 5W1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brampton, ON
For a property listed at $899,100 in Brampton, the legal minimum down payment is $64,910 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 $14,457 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 $14,457.
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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.