198 MOFFATT Avenue, Brampton

Price: $849,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13173970

Great opportunity to investor and first time buyers, this 3+1 Bedroom with separate entrance to the Basment gives extra income stream,,own this very conveniently located Detached house on corner of Steeles and Mavis, right in front of Charolais Corners Plaza,Near to the Amazon distribution centres ,Near to highway 401,407,403, this home offers a functional and family-friendly layout.The main level boasts spacious living and dining areas filled with natural light. Enjoy a huge backyard, perfect for family gatherings and outdoor enjoyment. The fully finished basement with a separate entrance provides excellent potential for an additional living space. Concrete walk-around on driveway and sides of the house.Enjoy the convenience of an attached garage and ample parking. Situated on a premium corner lot, this property offers added privacy and outdoor space. Close to schools, parks, shopping, transit, and all major amenities-this is an ideal home for families, first-time buyers, or investors alike. Don't miss this fantastic opportunity!

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$849,000 - 198 MOFFATT Avenue, Brampton

Detached for Sale in Brampton

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13173970
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Brampton
Lot Size
4,553 sqft
Listing Brokerage
PONTIS REALTY INC.
Description

Great opportunity to investor and first time buyers, this 3+1 Bedroom with separate entrance to the Basment gives extra income stream,,own this very conveniently located Detached house on corner of Steeles and Mavis, right in front of Charolais Corners Plaza,Near to the Amazon distribution centres ,Near to highway 401,407,403, this home offers a functional and family-friendly layout.The main level boasts spacious living and dining areas filled with natural light. Enjoy a huge backyard, perfect for family gatherings and outdoor enjoyment. The fully finished basement with a separate entrance provides excellent potential for an additional living space. Concrete walk-around on driveway and sides of the house.Enjoy the convenience of an attached garage and ample parking. Situated on a premium corner lot, this property offers added privacy and outdoor space. Close to schools, parks, shopping, transit, and all major amenities-this is an ideal home for families, first-time buyers, or investors alike. Don't miss this fantastic opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

$
$
5%10%50%

5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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

198 MOFFATT Avenue, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$2,422

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $566/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 18 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.

Detached Home Advantages

Detached homes in Brampton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Brampton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    198 MOFFATT Avenue, Brampton — $849,000 | Battaglia Team