$699,900 - 5 Holmcrest Court, Brampton
Detached for Sale in Brampton
138 days on market- MLS Number
- W12513758
- Property Type
- Detached
- Status
- active
- Days on Site
- 138
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Brampton
- Lot Size
- 2,325 sqft
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Welcome To This Bright And Spacious Corner-Lot Detached Home In Prime Brampton Location!! Perfect For First-Time Home Buyers Or Savvy Investors, This Property Offers Incredible Potential And An Opportunity To Live Mortgage-Free; Enjoy The Existing Separate Entrance To The Basement - Ideal For An In-Law Suite, Rental Income, Or A Future Garden Suite (All Subject To City Approvals); This Home Features Three Generous-Sized Bedrooms With New Laminate Flooring, Spacious Living And Dining Areas Filled With Natural Light Throughout The Year, And A Finished Basement With An Additional Bedroom - Perfect For A Larger Family Or Tenants; The Large Driveway Offers Parking For Up To Four Cars; Prime Location - Just Steps To Bramalea Bus Terminal, Bramalea City Centre Mall, Major Grocery Stores, Banks, And The Library; Public Transport(Brampton Transit Bus) At 100 Meter Distance!!! Chinguacousy Park Is Only A Two-Minute Walk Away! Commuters Convenience -- Minutes To Highway 410 And A Short Drive To Bramalea GO Station.This Home Truly Offers Comfort, Convenience, And Endless Potential - An Opportunity Not To Be Missed!
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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 Holmcrest Court, 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 30+ years of GTA real estate experience
Fair Market Value
At $1000/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.
Negotiation Opportunity
At 138 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.