43 Newark Way, Brampton, ON

$1,199,888
MLS#:W8436648
5 beds
5 baths
2500-3000 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 construction, this residence presents an exceptional opportunity offered at $1,199,888 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 5 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 36.09 x 100.07 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Storage, Water Softener, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 43 Newark Way, a beautifully maintained detached home in Fletcher's Meadow featuring 4+1 spacious bedrooms, 5 bathrooms. The inviting foyer leads to large principal rooms with neutral decor, and a modern kitchen with quartz countertops and stainless steel appliances opens to a cozy family room. The main floor includes a laundry/mud room with garage access. Upstairs, you'll find generously sized bedrooms, including a Jack & Jill bathroom and a semi-ensuite. The finished basement offers an additional bedroom, a 4-piece bath, ample storage, and a large recreational area The fully fenced backyard boasts a new cement patio and perennial gardens. Lovingly cared for by its original owners for over 22 years, this home is move-in ready and perfect for your family!

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Property Summary

This detached home located at 43 Newark Way, Brampton is currently for sale and has been available on SousaSells for 760 days. This property is listed at $1,199,888 with an estimated mortgage of $3,994* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 43 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
5
Bathrooms
5
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 24, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size36.09 × 100.07 Feet
CountyPeel
Annual Tax$6,007.21
Legal DescriptionOT 409, PLAN 43M1504, BRAMPTON. S/T RIGHT IN FAVOUR OF GUGLIETTI BROTHERS INVESTMENTS LIMITED UNITL

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Rec./Commun.Centre, School

Interior Features

Storage, Water Softener, Water Heater

Security Features

Community Features

Location

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43 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 43 Newark Way S, 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.

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Interest Rate4.00%
Down Payment$359,966 (30.0%)
* Minimum Canadian down payment required for this price is $239,978.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,922 over 30 years.
Purchase Price$1,199,888
Loan Amount$839,922
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Brampton, ON

For a property listed at $1,199,888 in Brampton, the legal minimum down payment is $239,978 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 $20,473 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 $20,473.

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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$1,027,939

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.