$679,900 - 62 Elmvale Avenue, Brampton
Townhouse for Sale in Brampton
New — Listed 2 days ago- MLS Number
- W12954348
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Beautiful "Freehold Townhome" On A Premium Ravine Lot In A Prime Brampton Location With Rare Separate Entrance To Basement; This Well-Maintained & Upgraded Home Offers Exceptional Value With A Finished Basement Featuring Separate Entrance From Main Level - Ideal For Extended Family Living Or Potential Income Use; Enjoy A Private Backyard With No Rear Neighbors & Direct Gate Access To Trail & Loafer's Lake Park - Perfect For Families, Kids & Outdoor Living; Bright Main Floor Layout With Updated Kitchen, Quartz Countertops, Newer Kitchen Window, Modern Cabinetry & Fresh Paint Throughout; Basement Features Newer Kitchen Cabinets & Countertop; Upper Level Offers Generous Bedrooms With Partially Renovated Bathroom; Brand New Owned Water Heater (April 2026) - No Rental Fees = Monthly Savings; Long Extended Driveway With Total 4 Car Parking & Newer Concrete Sidewalk; Pride Of Ownership Evident Throughout - Move-In Ready Condition; Located In A Family-Friendly Community Close To Schools, Parks & Everyday Amenities; Unbeatable Walkable Location - Steps To Paul Palleschi Recreation Centre, Brampton Library - South Fletcher's Branch, Schools, Parks, Grocery Stores, Banks, Restaurants, Walk-In Clinic & Doctor's Office; Walking Distance To Heart Lake Bus Terminal; Short Drive To Jim Archdekin Recreation Centre & Highway 410; Perfect For First-Time Buyers, Investors & Multi-Generational Families - A Rare Combination Of Location, Nature, Space & Value!
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
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.
62 Elmvale Avenue, 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 25+ years of GTA real estate experience
Competitive Pricing
At $618/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Brampton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Brampton have shown strong appreciation as families seek more space.
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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.