7 Penn Drive, Brampton, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fletcher's Meadow. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $939,000 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 55.25 x 84.06 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 7 Penn Drive, a cozy detached home with double car garage, nestled in the warm quiet community of Fletcher's Creek. This home welcomes you to an open to above foyer with a chandelier and immediately to the large living / dining room combo with an open concept layout and large windows and a beautiful natural looking hardwood floors. Walk into the next part of the house that greets you to the open concept of the kitchen/breakfast area/family room. The kitchen has stainless steal appliances, large window and plenty of counter space for all you cooking needs. The breakfast area has additional cabinets, perfect for a coffee bar or more storage and a walkout to the backyard. The clean backyard is large enough to always keep guests entertained or a perfect place to relax. The family room is spacious and has a built-in fireplace, to always keep everyone cozy. Upstairs, you'll find 4 bedrooms, each with their own closet. The primary bedroom has 2 large closets and a 5-piece ensuite with a standing shower and a soaker tub. The massive basement has 2 separate sections with a rec room that is currently being used as an office and another room that could be a bedroom or any use or desire. This house has endless potential, perfect for a small family with a vision. It's steps away from public transit stops, to shopping plazas, groceries, GO station and schools.
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Property Summary
This detached home located at 7 Penn Drive, Brampton is currently for sale and has been available on SousaSells for 3 days. This property is listed at $939,000 with an estimated mortgage of $3,126* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 7 Penn Drive, 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7 Penn Drive, Brampton, ON L7A 1P5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brampton, ON
For a property listed at $939,000 in Brampton, the legal minimum down payment is $68,900 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 $15,255 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 $15,255.
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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.