31 Lola Crescent, Brampton, ON

$1,399,999
MLS#:W12026271
6 beds
6 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 12, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Northwest Brampton. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,999 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.

  • 6 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 37.78 x 88.68 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Water Purifier
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in a sought-after neighborhood, this charming home has been lovingly cared for by its owners since 2017. Designed with comfort and elegance in mind, it boasts a spacious layout perfect for growing families or entertaining guests. Key Features: Main Floor: Hardwood flooring, pot lights, a spacious living, dining room, a separate family room with a gas fireplace, and an upgraded eat-in kitchen with granite countertops, extra cabinetry, and stainless steel appliances. Second Floor: 8-ft ceilings, 5 spacious bedrooms, including a luxurious primary suite with coffered ceilings, his-and-hers walk-in closets, and a 5-piece ensuite. Two of the secondary bedrooms feature their own ensuite bathrooms, while the remaining two share a convenient Jack-and-Jill bath, offering both comfort and functionality for your family. Legal Basement Suite: 1-bedroom with a separate side entrance, open-concept kitchen with S/S appliances, quartz countertops, and its own laundry perfect for rental income or extended family. Located close to schools, parks, and major amenities, this property offers not just a home, but a lifestyle of convenience and tranquility. Whether you're relaxing indoors or enjoying the vibrant community, this residence promises to leave a lasting impression.

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Property Summary

This detached home located at 31 Lola Crescent, Brampton is currently for sale and has been available on SousaSells for 485 days. This property is listed at $1,399,999 with an estimated mortgage of $4,660* per month. It has 6 beds, 6 bathrooms, and is 2500-3000 square feet. 31 Lola Crescent, Brampton is in the Northwest Brampton neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
6
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 12, 2025
Sold price information is available to members only
Listed Date3/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size37.78 × 88.68 Feet
CountyPeel
Annual Tax$7,792.23
Legal DescriptionLOT 189, PLAN 43M1968; T/W OVER PT 19 43R36429 AS IN PR2710723 CITY OF BRAMPTON

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Fenced Yard, Lake/Pond, Public Transit, School, Park

Interior Features

In-Law Suite, Water Purifier

Security Features

Community Features

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Location

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31 Lola Crescent, 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 31 Lola Crescent NE, Brampton, ON L7A 4J8

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$420,000 (30.0%)
* Minimum Canadian down payment required for this price is $280,000.
Amortization Period30 Years
Estimated Monthly Payment$4,660Based on a loan of $979,999 over 30 years.
Purchase Price$1,399,999
Loan Amount$979,999
Provincial Land Transfer Tax:$24,475
Total Estimated Closing Taxes:$24,475

About Purchasing a Home in Brampton, ON

For a property listed at $1,399,999 in Brampton, the legal minimum down payment is $280,000 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 $24,475 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 $24,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population656,480
City Median Age35.8 Yrs
City Ownership76% Owners
Avg Area List Price$1,030,348

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

Tribune Drive
Public30 Tribune Drive, Brampton, Ontario, L7A 0X5
5.9
St Aidan
Public34 Buick Boulevard, Brampton, Ontario, L7A 3B9
6.2
Dolson
Public95 Remembrance Road, Brampton, Ontario, L7A 4W3
6.5
St Bonaventure
Public35 McCrimmon Drive, Brampton, Ontario, L7A 2Z5
5.8
St. Daniel Comboni
Catholic120 Veterans Drive, Brampton, Ontario, L7A 3Z7
5.7

Secondary Schools

St. Edmund Campion
Catholic275 Brisdale Drive, Brampton, Ontario, L7A 3C7
6.2
Jean Augustine
Public500 Elbern Markell Drive, Brampton, Ontario, L6X 5L3
5.4

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.