71 Lanark Circle, Brampton

Price: $989,900

5 bedrooms, 4 bathrooms

1,500 sq ft

Property Type: Semi-Detached

MLS#: W12680808

Welcome to this beautiful semi-detached carpet free home, built in September 2017, offers 4+1 spacious bedrooms and 4 bathrooms, along with a builder's separate entrance leading to a legal basement apartment - perfect for additional income or extended family living. The home features hardwood flooring on the main floor and elegant vinyl shutters throughout, creating a modern and warm atmosphere. The bright breakfast area with a walkout to the backyard is ideal for family gatherings and everyday comfort. Conveniently situated close to all amenities including schools, parks, shopping plazas, restaurants, and public transit. Minutes to Mount Pleasant GO Station and major highways, with the upcoming Highway 413, Costco, and big brand stores soon arriving nearby-this property combines comfort, convenience, and incredible future growth potential.

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$989,900 - 71 Lanark Circle, Brampton

Semi-Detached for Sale in Brampton

32 days on market
5Beds
4Baths
1,500Sq Ft
Semi-Detached
Property Details
MLS Number
W12680808
Property Type
Semi-Detached
Status
active
Days on Site
32
Bedrooms
5
Bathrooms
4
Square Feet
1,500 sqft
Neighbourhood
Brampton
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Welcome to this beautiful semi-detached carpet free home, built in September 2017, offers 4+1 spacious bedrooms and 4 bathrooms, along with a builder's separate entrance leading to a legal basement apartment - perfect for additional income or extended family living. The home features hardwood flooring on the main floor and elegant vinyl shutters throughout, creating a modern and warm atmosphere. The bright breakfast area with a walkout to the backyard is ideal for family gatherings and everyday comfort. Conveniently situated close to all amenities including schools, parks, shopping plazas, restaurants, and public transit. Minutes to Mount Pleasant GO Station and major highways, with the upcoming Highway 413, Costco, and big brand stores soon arriving nearby-this property combines comfort, convenience, and incredible future growth potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,078.70/mo

Includes CMHC insurance ($27,618)

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5-yr fixed avg.

Principal: $890,910Interest: $605,082
Mortgage Amount$918,528
Total Interest$605,082
Est. Property Tax$701/mo
Total Cost$1,523,610

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

71 Lanark Circle, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$2,693

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 $660/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.

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.

Excellent Flexibility

With 5 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 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.

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