193 Mcmurchy Avenue, Brampton

Price: $789,000

5 bedrooms, 2 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12596634

Welcome to 193 McMurchy Ave S - perfect for families or investors! This move-in-ready home features 3 spacious bedrooms and 1 washroom, freshly painted throughout, along with a new backyard concrete patio.The fully finished basement, complete with a separate entrance and 2 bedrooms, offers fantastic potential - ideal for extended family living or rental income (currently rented for $1,550/month).Conveniently located near Shoppers World, parks, schools, and plazas - everything you need is just minutes away

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$789,000 - 193 Mcmurchy Avenue, Brampton

Single Family Home for Sale in Brampton

32 days on market
5Beds
2Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12596634
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
5
Bathrooms
2
Square Feet
1,100 sqft
Neighbourhood
Brampton
Listing Brokerage
BAY STREET GROUP INC.
Description

Welcome to 193 McMurchy Ave S - perfect for families or investors! This move-in-ready home features 3 spacious bedrooms and 1 washroom, freshly painted throughout, along with a new backyard concrete patio.The fully finished basement, complete with a separate entrance and 2 bedrooms, offers fantastic potential - ideal for extended family living or rental income (currently rented for $1,550/month).Conveniently located near Shoppers World, parks, schools, and plazas - everything you need is just minutes away

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,047.98/mo

Includes CMHC insurance ($22,013)

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5-yr fixed avg.

Principal: $710,100Interest: $482,281
Mortgage Amount$732,113
Total Interest$482,281
Est. Property Tax$559/mo
Total Cost$1,214,394

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Brampton

Discover Brampton

Brampton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Brampton

  • Convenient location in Brampton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Turner Fenton Secondary SchoolPublic High School
Heart Lake Secondary SchoolPublic High School
St. Edmund Campion Secondary SchoolCatholic High School
Cardinal Ambrozic Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Brampton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

193 Mcmurchy Avenue, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$559
Insurance (est.)-$164
Net Cash Flow+$2,877

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $717/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Brampton.

Brampton Value

Brampton offers more space for your dollar compared to Mississauga or Toronto. The city has invested heavily in infrastructure including the Züm rapid transit. Consider proximity to highways (410, 407) for commuting. The community is diverse and vibrant, with excellent South Asian cuisine and cultural events.

Investment Perspective

Looking at this as an investment: Brampton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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