$1,499,000 - 20 Binnery Drive, Brampton
Detached for Sale in Brampton
- MLS Number
- W12983204
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 9
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- TEAM PANAG REAL ESTATE INC.
STUNNING 6 + 3 BEDROOM HOME | SITUATED on a premium 55 FT WIDE LOT | Highly Sought After Castlemore community. Designed with space and functionality in mind, this home features a thoughtfully planned layout, including a main floor bedroom complete with a walk-in closet-ideal for extended family or guests. The main floor powder room offers the flexibility to be converted into a full washroom. Enjoy ample parking with a double car garage and total space for up to 7 vehicles. The home boasts distinct and spacious living areas, including separate living, family, and dining rooms, along with an additional dining space off the kitchen. The generously sized kitchen is equipped with a centre island, servery, and is complemented by a convenient main floor laundry. Upstairs, you'll find 5 well-appointed bedrooms, each featuring its own walk-in closet. The primary suite is a true retreat with his and hers walk-in closets and a private ensuite. The remaining bedrooms are connected by two Jack & Jill bathrooms, offering both comfort and privacy. This property also features two finished basement spaces: one includes 2 bedrooms, a full bathroom, and a separate entrance-currently rented for added income potential. The second basement area offers a spacious open-concept recreation space with a wet bar, with the potential to be converted into a studio or 1-bedroom apartment. Loaded with upgrades throughout, including granite countertops, stylish light fixtures, exterior pot lights, and an impressive front porch. Ideally located close to all amenities, this home is perfect for both families and savvy investors.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/mo
5-yr fixed avg.
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.
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
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.
20 Binnery Drive, Brampton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $428/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 19 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 9 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.
Bathroom Count Matters
With 5 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.