39 Newark Way, Brampton, ON

$878,800
MLS#:W9254361
3 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Fletcher's Meadow. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $878,800 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 24.11 x 100.07 ft lot
  • 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Ideally located in the highly sought-after neighborhood of Fletcher's Meadow, Brampton - a unique opportunity to build equity & enjoy a comfortable lifestyle in this stunning semi-detached raised bungalow, This exceptional home is perfect for those looking to live on the main floor while renting out the basement to cover a significant portion of the mortgage or have your older parents live in the separate portion of the basement. This can be a multi-generational home for Parents and Children. The main floor boasts a spacious and open concept plan, flooded with natural light. The living room features cathedral ceilings and a large window, creating a bright and airy ambiance. The master suite is a luxurious retreat with a spa-like bathroom, complete with a separate tub and shower. The kitchen & breakfast area are perfect for family meals & entertaining. The basement offers excellent rental potential with its own separate entrance, 2 bedrooms, a 4-piece bathroom, and a great room. This setup provides privacy and convenience for both the homeowner and tenants. This home is located close to major highways, shopping community centers, libraries, bus stops, top-rated schools, places of worship, offering unparalleled convenience. The fully fenced backyard is perfect for entertaining and and enjoying the outdoors, with access to the beautiful walking trails.

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Property Summary

This detached home located at 39 Newark Way, Brampton is currently for sale and has been available on SousaSells for 698 days. This property is listed at $878,800 with an estimated mortgage of $2,925* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 39 Newark Way, 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
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 23, 2024
Sold price information is available to members only
Listed Date8/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished
Lot Size24.11 × 100.07 Feet
CountyPeel
Annual Tax$4,349.93
Legal DescriptionPt Lt 411 Pl 43M1504 Des Pt 2 43R28243 Brampton

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

Other

Security Features

Community Features

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Location

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39 Newark Way, 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 39 Newark Way, Brampton, ON L7A 2W8

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$263,640 (30.0%)
* Minimum Canadian down payment required for this price is $62,880.
Amortization Period30 Years
Estimated Monthly Payment$2,925Based on a loan of $615,160 over 30 years.
Purchase Price$878,800
Loan Amount$615,160
Provincial Land Transfer Tax:$14,051
Total Estimated Closing Taxes:$14,051

About Purchasing a Home in Brampton, ON

For a property listed at $878,800 in Brampton, the legal minimum down payment is $62,880 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 $14,051 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 $14,051.

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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$1,028,224

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.