7 Mcmullen Crescent, Brampton

Price: $509,900

4 bedrooms, 2 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12506120

Stunning fully renovated recently corner townhouse that feels like a semi! Bright open-concept layout with numerous pot lights throughout the living, dining & modern eat-in kitchen. Contemporary kitchen features new cabinetry, stylish backsplash & stainless steel appliances. Spacious bedrooms with ample closets, upgraded bathrooms & new flooring throughout. Finished basement offers extra living space for recreation or office use. Corner lot provides added light, privacy, private driveway & garage. Located in a quiet, family-friendly complex close to schools, parks, shopping, transit & highways. Move-in ready - shows 10/10!

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active
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$509,900 - 7 Mcmullen Crescent, Brampton

Condo for Sale in Brampton

32 days on market
4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12506120
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Brampton
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
ACRO GOLD REALTY INC.
Description

Stunning fully renovated recently corner townhouse that feels like a semi! Bright open-concept layout with numerous pot lights throughout the living, dining & modern eat-in kitchen. Contemporary kitchen features new cabinetry, stylish backsplash & stainless steel appliances. Spacious bedrooms with ample closets, upgraded bathrooms & new flooring throughout. Finished basement offers extra living space for recreation or office use. Corner lot provides added light, privacy, private driveway & garage. Located in a quiet, family-friendly complex close to schools, parks, shopping, transit & highways. Move-in ready - shows 10/10!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,616.05/mo

Includes CMHC insurance ($14,226)

$
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5%10%50%

5-yr fixed avg.

Principal: $458,910Interest: $311,679
Mortgage Amount$473,136
Total Interest$311,679
Est. Property Tax$361/mo
Total Cost$784,815

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

7 Mcmullen Crescent, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$2,043

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

Competitive Pricing

At $510/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 32 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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