$849,800 - 41 Overlea Drive, Brampton
New Construction for Sale in Brampton
32 days on market- MLS Number
- W12660948
- Property Type
- New Construction
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Brampton
- Locker
- Ensuite+Common
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Gorgeous Bungaloft In Rosedale Village - Gated Adult Lifestyle Community. Grand Entrance with 17' Ceiling, Open Concept Great Room with Cathedral Ceiling, Wood Floors, Gas Fireplace & Walk-out To Yard. Primary Bedroom On Main Level with 3 Pc En-Suite Bath. Main Floor Den Can Be Used as A Bedroom /Office. Modern Kitchen with Quartz Counter & Breakfast Bar. Wood Stairs Leading To 2nd Floor with Loft/Family Room, 1 Bedroom & 4 Pc Bath. Full Basement Awaiting Finishing Touches. Resort-Like Amenities Featuring A 9-Hole Executive Golf Course, Clubhouse, Gym - Perfect Place To Enjoy Your Retirement. Maintenance Pkg Includes Use Of Golf Course, Clubhouse W/ Exercise Room, Indoor Pool, Lounge, Sauna, Multipurpose Auditorium, Tennis Courts, Lawn Bowling, Snow Removal From Driveway, Landscaping/Lawncare, 24 Hours Gated Access & More. Perfect Destination For Anyone Looking To Smartsize!
Estimate your monthly payments for this property
Estimated Payment
$4,359.91/mo
Includes CMHC insurance ($23,709)
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.
41 Overlea Drive, 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 25+ years of GTA real estate experience
Competitive Pricing
At $472/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.