4395 Castlemore Road, Brampton

Price: $2,995,000

6 bedrooms, 3 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12851884

4 Bdrm Estate Home Is Situated On 2.28 Acres In Highly Sought After Area Of Brampton East! This property has potential future for development proposal for 40+ Townhouses!! Investors/Developers Pay attention!! Already considered by developer under proposal to develop 40 townhomes!! You can buy and become part of that investment project!! Seller is willing to sell this property to any investors or developers!! House is in very well condition!! 4+2 Bedrooms!! Very convenient location!! Great Opportunity To Own A Rare Property On Prime Land! Open Concept Layout, Family Sized Kitchen W/ Stainless Steel Appliances & Walkout To Deck, Large Bedrooms, Separate Entrance . Ample Parking Space. Steps Away From Plazas, School And All Amenities. (Tenants Willing to Stay)

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$2,995,000 - 4395 Castlemore Road, Brampton

Detached for Sale in Brampton

6Beds
3Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12851884
Property Type
Detached
Status
active
Days on Site
30
Bedrooms
6
Bathrooms
3
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Brampton
Lot Size
2 sqft
Listing Brokerage
HOMELIFE SILVERCITY REALTY INC.
Description

4 Bdrm Estate Home Is Situated On 2.28 Acres In Highly Sought After Area Of Brampton East! This property has potential future for development proposal for 40+ Townhouses!! Investors/Developers Pay attention!! Already considered by developer under proposal to develop 40 townhomes!! You can buy and become part of that investment project!! Seller is willing to sell this property to any investors or developers!! House is in very well condition!! 4+2 Bedrooms!! Very convenient location!! Great Opportunity To Own A Rare Property On Prime Land! Open Concept Layout, Family Sized Kitchen W/ Stainless Steel Appliances & Walkout To Deck, Large Bedrooms, Separate Entrance . Ample Parking Space. Steps Away From Plazas, School And All Amenities. (Tenants Willing to Stay)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,247.90/mo

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5-yr fixed avg.

Principal: $2,396,000Interest: $1,578,369
Mortgage Amount$2,396,000
Total Interest$1,578,369
Est. Property Tax$2,121/mo
Total Cost$3,974,369

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

4395 Castlemore Road, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$2,121
Insurance (est.)-$624
Net Cash Flow+$1,855

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $998/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 30 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 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.

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