$789,900 - 8 Golden Gate Drive, Brampton
Detached for Sale in Brampton
105 days on market- MLS Number
- W12770220
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Detached 4 Bedroom Corner House with 1-Bedroom BRAND-NEW LEGAL BASEMENT APARTMENT with SEPARATE ENTRANCE! An excellent opportunity in a family friendly neighbourhood, this home is situated on a HUGE PREMIUM CORNER LOT - a rare and valuable bonus offering extra space, privacy, and future potential. Ideal for FIRST-TIME HOME BUYERS AND INVESTORS, this home offers great income potential or flexible living for extended family.This CARPET-FREE HOME has been FRESHLY PAINTED and features many recent upgrades, including a BRAND-NEW FRONT ENTRANCE DOOR AND PORCH, NEW ROOF, and NEW DRIVEWAY (2024). The spacious backyard includes a HUGE STORAGE SHED plus an additional GARDEN SHED, perfect for all your storage needs. Close to excellent schools including CHINGUACOUSY SECONDARY SCHOOL, NORTH PARK SECONDARY SCHOOL, ST. JOSEPHINE BAKHITA CATHOLIC ELEMENTARY SCHOOL, and other well-regarded public and Catholic schools - an ideal location for families. Minutes to CHINGUACOUSY PARK with trails, playgrounds, splash pad, and year-round activities, along with nearby parks and multiple neighbourhood green spaces. Close to schools, parks, shopping, transit, and all major amenities. A MUST-SEE PROPERTY OFFERING SPACE, UPGRADES, AND STRONG INCOME POTENTIAL!
Estimate your monthly payments for this property
Estimated Payment
$4,052.60/mo
Includes CMHC insurance ($22,038)
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.
8 Golden Gate Drive, 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
Competitive Pricing
At $718/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.
Negotiation Opportunity
At 105 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.
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 3 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.