$849,900 - 5 Cherryplum Way, Brampton
Semi-Detached for Sale in Brampton
- MLS Number
- W13142312
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
EXTENSIVELY RENOVATED | LEGAL 1 BEDROOM SECOND DWELLING BASEMENT APARTMENT | PRIME BRAMPTON LOCATION | Welcome to this beautiful semi-detached home offering modern comfort and exceptional income potential in one of Brampton's most family-friendly neighbourhoods. Featuring a grand double-door entry and 9' smooth ceilings on the main floor, this home showcases a bright open-concept layout perfect for both everyday living and entertaining. Brand new laminate flooring & upgraded bathrooms. The main floor offers a spacious great room filled with natural light through large windows. The stunning brand-new kitchen highlights elegant two-tone cabinetry, stylish backsplash, brand new stainless steel appliances, and a breakfast area with walk-out to the patio and fully fenced backyard - ideal for relaxing or hosting summer gatherings. A convenient powder room and interior garage access complete the main level.Upstairs, the spacious primary bedroom offers a private ensuite, while two additional well-sized bedrooms with closets and windows share a modern 4 piece bathroom. Adding tremendous value, the home includes a LEGAL 1 BEDROOM SECOND DWELLING BASEMENT APARTMENT with separate laundry, Kitchen, separate entrance, perfect for rental income, extended family, or multi-generational living.Enjoy outdoor living in the fully fenced backyard featuring a large deck, ideal for entertaining and family enjoyment.Prime Location: Minutes to Brampton Civic Hospital, Fortinos, Metro, schools, parks, major highways, and all essential amenities.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
5 Cherryplum Way, Brampton
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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 30+ years of GTA real estate experience
Competitive Pricing
At $773/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 28 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.
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.
Bathroom Count Matters
With 4 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.