42 Balloon Crescent, Brampton, ON

$2,099,000
MLS#:W11962221
8 beds
6 baths
< 700 sqft
9.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Toronto Gore Rural Estate. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,099,000 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.

  • 8 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning < 700 sqft on a premium 64.96 x 108.27 ft lot
  • Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 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

Luxurious & Spacious! This 5+3 bed, 6 bath home features a triple car garage & 6-car driveway which totals to *9 Car Parking*, plus a fully finished LEGAL 2-bedroom basement with a separate entrance & laundry. A grand open-to-above foyer leads to a living & dining area with pot lights & large windows. The gourmet kitchen boasts stainless steel appliances, a center island, backsplash & a large breakfast area with windows. The family room is highlighted by a cozy fireplace, pot lights & backyard views. The main floor also offers an office, powder room, Laundry room, pot lights & elegant hardwood flooring. Upstairs, the primary suite features a 5-pc ensuite, his & hers walk-in closets & windows. The 2nd & 3rd bedrooms share a Jack & Jill 3-pc bath & have walk-in closets, while three additional bedrooms offer large closets & windows. The Basement boasts 3 bedrooms, 2 full baths, a kitchen, living area & separate laundry. The expansive backyard is perfect for summer gatherings. With No Sidewalk this is A must-see dream home!

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Property Summary

This detached home located at 42 Balloon Crescent, Brampton is currently for sale and has been available on SousaSells for 522 days. This property is listed at $2,099,000 with an estimated mortgage of $6,987* per month. It has 8 beds, 6 bathrooms, and is < 700 square feet. 42 Balloon Crescent, Brampton is in the Toronto Gore Rural Estate neighborhood.

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

Key Features

Bedrooms
8
Bathrooms
6
Kitchens
2
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 26, 2025
Sold price information is available to members only
Listed Date2/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementApartment, Separate Entrance
Lot Size64.96 × 108.27 Feet
CountyPeel
Annual Tax$11,733
Legal DescriptionLOT 112, PLAN 43M1959 SUBJECT TO AN EASEMENT FOR E

Parking & Garage

Parking Spaces9.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

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Location

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42 Balloon 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 42 Balloon Crescent, Brampton, ON L6P 4B8

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$629,700 (30.0%)
* Minimum Canadian down payment required for this price is $419,800.
Amortization Period30 Years
Estimated Monthly Payment$6,987Based on a loan of $1,469,300 over 30 years.
Purchase Price$2,099,000
Loan Amount$1,469,300
Provincial Land Transfer Tax:$38,950
Total Estimated Closing Taxes:$38,950

About Purchasing a Home in Brampton, ON

For a property listed at $2,099,000 in Brampton, the legal minimum down payment is $419,800 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 $38,950 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 $38,950.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto Gore Rural Estate, Brampton.

Verified Local Data
City Population656,480
City Median Age35.8 Yrs
City Ownership76% Owners
Avg Area List Price$2,567,675

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

Pte. Buckam Singh
PublicDopp Crescent, Brampton, Ontario, L6P 0A2
7.3
St Patrick
Public11948 The Gore Road, Brampton, Ontario, L6P 0A2
4.7
Holy Spirit
Public25 Bloomsbury Avenue, Brampton, Ontario, L6P 1W9
6.1
Our Lady of Lourdes
Public25 Mount Royal Circle, Brampton, Ontario, L6P 1W3
8.6
Mount Royal
Public65 Mount Royal Circle, Brampton, Ontario, L6P 2K4
6.2

Secondary Schools

Cardinal Ambrozic
Public10 Castle Oaks Crossing, Brampton, Ontario, L6P 3A2
6.9

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.