$1,549,000 - 294 Elbern Markell Drive, Brampton
Single Family Home for Sale in Brampton
32 days on market- MLS Number
- W12479850
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 2,500 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Welcome to The Ravines of Credit Woods in Highly Sought-After Credit Valley, West Brampton! This Stunning Corner Lot Home Sits on a Premium 61 Ft Frontage (As Per Geowarehouse) and Offers a Perfect Blend of Luxury, Functionality, and Style. Featuring a Sensational Layout with Separate Living, Dining, and Family Rooms, This Home Boasts 9 Ft Ceilings on Both Main and Second Floors, Creating an Open and Airy Ambiance Throughout. Enjoy Hardwood Flooring on the Main Level and Upper Hallway, Elegant Oak Staircase, and a Gourmet Kitchen with Granite Countertops, Custom Backsplash, and Ample Cabinetry. The Upper Level Features 4 Spacious Bedrooms and Convenient 2nd Floor Laundry. The Property Backs Onto a Scenic Pond and Showcases a Beautifully Landscaped, Lush Green Lawn with a Built-In Water Sprinkler System. Professionally Designed Exposed Aggregate Driveway Accommodates Up to 7 Vehicles. *Bonus:*Personal Legal 2-Bedroom Basement Apartment with 2 Washrooms and Separate Laundry-Currently Rented for $2,000/Month (Vacant Possession Available). Located Close to Excellent Schools, Parks, Shopping, and Mount Pleasant GO Station. This Home Has It All-Luxury, Location, and Income Potential. Don't Miss the Opportunity to Own in One of Brampton's Most Prestigious Communities!
Estimate your monthly payments for this property
Estimated Payment
$6,851.75/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.
294 Elbern Markell 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 25+ years of GTA real estate experience
Competitive Pricing
At $620/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 6 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 6 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.
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 $6,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.