43 Prouse Drive, Brampton

Price: $799,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12850354

Opportunity knocks! Conveniently located Brampton home with a Walk out In-law suite perfect for rental income or extended family. Whether you are a first time home buyer seeking a potential income stream with turnkey basement apartment, an investor, downsizer or looking for a home to accommodate multigenerational living - 43 Prouse provides an abundance of options! Step inside to a spacious well maintained home with a functional layout. Tons of natural light fills the living room combined dining room through large window & walk out to private balcony. Spend your summer nights relaxing after a long day at work enjoying your favourite book comfortably on your oversized balcony. Large living room provides tons of space for the whole family! Well maintained kitchen with eat in area perfect for busy mornings. Head down the hall to 3 generous sized bedrooms with trending barn door closets & carpet free throughout. Recently renovated Modern 3 pc bath (2021) with a tasteful neutral design. Separate laundry tucked away on the lower ground level with additional storage in cold room. Turn key basement apartment with separate entrance, separate laundry & own private walk out. Full kitchen with moveable cabinets, eat in area & storage, spacious bedroom, cozy living room with stunning brick wood burning fireplace, bonus room easily convertible to a 2nd bedroom or office space. Private backyard, large 1 car built in garage, newer driveway (2024) & updated premium quality roof (2018) . Fantastic location with transit just down the street, highway 410 (5 min drive), easy commute to Toronto via go train station (5 min drive), walking distance to shopping, restaurants, parks, schools, grocery stores & short drive to hospital. Nothing to do but move in!

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$799,900 - 43 Prouse Drive, Brampton

Semi-Detached for Sale in Brampton

103 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12850354
Property Type
Semi-Detached
Status
active
Days on Site
103
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Brampton
Listing Brokerage
THE NOOK REALTY INC.
Description

Opportunity knocks! Conveniently located Brampton home with a Walk out In-law suite perfect for rental income or extended family. Whether you are a first time home buyer seeking a potential income stream with turnkey basement apartment, an investor, downsizer or looking for a home to accommodate multigenerational living - 43 Prouse provides an abundance of options! Step inside to a spacious well maintained home with a functional layout. Tons of natural light fills the living room combined dining room through large window & walk out to private balcony. Spend your summer nights relaxing after a long day at work enjoying your favourite book comfortably on your oversized balcony. Large living room provides tons of space for the whole family! Well maintained kitchen with eat in area perfect for busy mornings. Head down the hall to 3 generous sized bedrooms with trending barn door closets & carpet free throughout. Recently renovated Modern 3 pc bath (2021) with a tasteful neutral design. Separate laundry tucked away on the lower ground level with additional storage in cold room. Turn key basement apartment with separate entrance, separate laundry & own private walk out. Full kitchen with moveable cabinets, eat in area & storage, spacious bedroom, cozy living room with stunning brick wood burning fireplace, bonus room easily convertible to a 2nd bedroom or office space. Private backyard, large 1 car built in garage, newer driveway (2024) & updated premium quality roof (2018) . Fantastic location with transit just down the street, highway 410 (5 min drive), easy commute to Toronto via go train station (5 min drive), walking distance to shopping, restaurants, parks, schools, grocery stores & short drive to hospital. Nothing to do but move in!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

43 Prouse Drive, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

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 $727/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 103 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Brampton. Good resale value as demand remains consistent.

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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    43 Prouse Drive, Brampton | $799,900 | Battaglia Team