7 Gatwick Lane, Brampton, ON

$699,900
MLS#:W8431638
5 beds
4 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Northgate. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $699,900 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
  • Generous living space spanning 1400-1599 sqft
  • 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: Ventilation System, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Newly Renovated (2024) Large and Spacious 4 Bed + 1 Bed In Finished Basement W/ 4 Bathrooms In Prime Location. This Townhouse Has Been Completely Renovated W/ Brand New Floors, New Kitchen W/ New High End Stainless Steel Appliances and Stone Countertops, New Bathrooms With New Vanity/Toilets, New Flooring & Tiles, Pot Lights Throughout and New Staircase and Railing. All Upgrades Are Tastefully Done! Spacious Living Area with Fireplace And Walk-Out to Backyard, Main Floor 2pc Bathroom, Modern Kitchen With Full Size Appliances and Lots of Custom Cabinetry For Storage, Large Dining Area Overlooking The Backyard, Large Primary Bedroom Can Fit A King Size Bed, Has Large Closet And a 3 Pc Ensuite. 2nd/3rd Bedrooms Feature Large Windows and Closets. Finished Basement Features a 3 pc Ensuite, Brand New Laundry Machines, Spacious Rec Room With A Large Bedroom with Oversized Closet. 1 Car Garage and Space For 1 More Car On The Private Driveway. This Property Shows Pride Of Ownership and Is a Must See! A Short Walk To Various Schools, Transit, Parks, Medical Center, And Mins From Chinguacousy Park And Bramalea City Center For Shopping!

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Property Summary

This townhouse located at 7 Gatwick Lane, Brampton is currently for sale and has been available on SousaSells for 764 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 5 beds, 4 bathrooms, and is 1400-1599 square feet. 7 Gatwick Lane, Brampton is in the Northgate neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 3, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Concrete
BasementFinished
CountyPeel
Annual Tax$3,138.7

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Place Of Worship, School

Interior Features

Ventilation System, Water Heater

Security Features

Community Features

Location

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7 Gatwick Lane, 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 7 Gatwick Lane, Brampton, ON L6S 2E4

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.

Market Trend
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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$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Brampton, ON

For a property listed at $699,900 in Brampton, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population656,480
City Median Age35.8 Yrs
City Ownership76% Owners
Avg Area List Price$828,133

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 Jean Brebeuf
Public63 Glenforest Road, Bramalea, Brampton, Ontario, L6S 1L8
5.5
St John Bosco
Public1025 North Park Drive, Brampton, Ontario, L6S 4E1
6.2
Georges Vanier
Public28 Finchgate Boulevard, Bramalea, Brampton, Ontario, L6T 3H9
6.6
St Anthony
Public950 North Park Drive, Bramalea, Brampton, Ontario, L6S 3L5
4.2
Khalsa Community
PublicMarmora Place, Bramalea, Brampton, Ontario, L6S 3E3
10.0

Secondary Schools

Holy Name of Mary
Public115 Glenvale Boulevard, Bramalea, Brampton, Ontario, L6S 3J7
7.2
Judith Nyman
Public1305 Williams Parkway East, Bramalea, Brampton, Ontario, L6S 3J8
0.7
St. Thomas Aquinas
Catholic25 Corporation Drive, Brampton, Ontario, L6S 6A2
4.2
Bramalea SS
PublicBramalea, Brampton, Ontario, L6T 1B4
5.0
Central Peel SS
PublicCentral Park Drive, Bramalea, Brampton, Ontario, L6T 1B4
5.8

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.