$699,900 - 216 Folkstone Crescent, Brampton
Detached for Sale in Brampton
40 days on market- MLS Number
- W13094918
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Brampton
- Lot Size
- 6,006 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to 216 Folkstone Crescent, a beautifully updated detached home on a 50 x 120 ft lot in a family-friendly Brampton neighbourhood.This home offers 3+2 bedrooms and 2 full bathrooms with approximately 1,860 sq ft of finished living space (1,079 sq ft above grade + 781sq ft below).The main floor features a bright layout with new flooring, fresh paint, and modern pot lights (2026). The kitchen was updated in 2014 with newer appliances (2020), and the main bathroom was fully renovated in 2023.The fully renovated basement (2023) includes 2 bedrooms, a modern kitchen, bathroom, new flooring, ceilings, and an egress window,making it ideal for extended family or potential rental income.Enjoy a spacious backyard with a Gazebo, Shed, 16 x 32 Heated swimming pool, updated liner (2018) and equipment including heater, sand filter, and a new pump (2024). Additional upgrades include roof (2018), driveway & patio (2015), eavestrough (2021), furnace (2022), heat pump and ductwork (2023).Conveniently located minutes from Bramalea GO Station, Bramalea City Centre, and Chinguacousy Park, with nearby grocery stores including No Frills and FreshCo, plus schools and recreation centres.A fantastic opportunity for families and investors alike!
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
216 Folkstone Crescent, Brampton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $1000/sqft, this property is priced in line with current Brampton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 40 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.