23 Smoothwater Street, Brampton

Price: $1,099,900

7 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13024702

Stunning Detached Home with LEGAL BASEMENT in Prime Sandringham-Wellington!Step through the grand double-door entry into a bright, open-concept main floor featuring 9-ft ceilings and modern hardwood flooring throughout-designed to impress from the moment you arrive. A beautifully upgraded chef's kitchen showcases a plush backsplash, stainless steel appliances, and a large centre island-perfect for everyday living and effortless entertaining. Separate living and dining areas offer ideal space for versatile, multi-functional family living.Upstairs, enjoy 4 spacious bedrooms, including a primary Bedroom with a 4-piece ensuite and large closet. Three additional generously sized bedrooms share a well-appointed 5-piece bathroom, complemented by mirrored closets and a convenient linen closet-perfect for busy families seeking space, privacy, and functionality.Exceptional Income Potential! The recently finished basement with a separate entrance features a legal 2-bedroom apartment with living area, kitchen, and full washroom (currently tenanted), along with a self-contained 1-bedroom suite with its own full washroom-ideal for extended family, guests, or maximizing rental income. Separate basement laundry adds convenience and complete independence from the main floor.Step outside to professionally landscaped front and rear yards, complete with a sprinkler system, a large concrete patio for entertaining, and a spacious storage shed with wood shelving. Exterior potlights illuminate the entire home, creating stunning curb appeal day and night.Located in a highly sought-after school district with 7.5+ Fraser ratings from JK-Grade 12. Minutes to Hwy 410, Trinity Commons, and Great Lakes Park.A must-see home offering luxury, versatility, and strong income potential!

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$1,099,900 - 23 Smoothwater Street, Brampton

Detached for Sale in Brampton

57 days on market
7Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13024702
Property Type
Detached
Status
active
Days on Site
57
Bedrooms
7
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Brampton
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Stunning Detached Home with LEGAL BASEMENT in Prime Sandringham-Wellington!Step through the grand double-door entry into a bright, open-concept main floor featuring 9-ft ceilings and modern hardwood flooring throughout-designed to impress from the moment you arrive. A beautifully upgraded chef's kitchen showcases a plush backsplash, stainless steel appliances, and a large centre island-perfect for everyday living and effortless entertaining. Separate living and dining areas offer ideal space for versatile, multi-functional family living.Upstairs, enjoy 4 spacious bedrooms, including a primary Bedroom with a 4-piece ensuite and large closet. Three additional generously sized bedrooms share a well-appointed 5-piece bathroom, complemented by mirrored closets and a convenient linen closet-perfect for busy families seeking space, privacy, and functionality.Exceptional Income Potential! The recently finished basement with a separate entrance features a legal 2-bedroom apartment with living area, kitchen, and full washroom (currently tenanted), along with a self-contained 1-bedroom suite with its own full washroom-ideal for extended family, guests, or maximizing rental income. Separate basement laundry adds convenience and complete independence from the main floor.Step outside to professionally landscaped front and rear yards, complete with a sprinkler system, a large concrete patio for entertaining, and a spacious storage shed with wood shelving. Exterior potlights illuminate the entire home, creating stunning curb appeal day and night.Located in a highly sought-after school district with 7.5+ Fraser ratings from JK-Grade 12. Minutes to Hwy 410, Trinity Commons, and Great Lakes Park.A must-see home offering luxury, versatility, and strong income potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.23/mo

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5-yr fixed avg.

Principal: $879,920Interest: $579,649
Mortgage Amount$879,920
Total Interest$579,649
Est. Property Tax$779/mo
Total Cost$1,459,569

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

23 Smoothwater Street, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$3,492

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 $550/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.

Negotiation Opportunity

At 57 days on site, this property has exceeded the typical selling timeline for Brampton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Excellent Flexibility

With 7 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.

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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    23 Smoothwater Street, Brampton | $1,099,900 | Battaglia Team