$1,099,000

For sale

62 Chapel Street, Brampton (Downtown Brampton) - Single Family for Sale

62 Chapel Street, Brampton (Downtown Brampton), Ontario, L6W2H7

3 beds2 baths8 parking2,750 ft²153 × 161 ft (24,538 sq ft) lot sizeListed 34 days ago

Overview

This 3-bedroom, 2-bathroom home in Brampton is for sale offering roughly 2,750 sq ft of space. It has been on the market 34 days, fresher than the Brampton average of 108 days.

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Description

The possibilities are endless at 62 Chapel Street. Tucked away on a quiet street in the heart of downtown Brampton, this exceptional property offers a rare private drive leading to an expansive 0.64-acre double lot-an extraordinary opportunity with endless potential. Custom built in 1967 by Merv Card and Toronto architect Gardiner Cowen, this home offers just over 2,500 sq. ft. of living space, surrounded by mature trees that provide privacy and a beautiful natural setting. The upper level features reclaimed antique beech hardwood flooring, an open-concept living space, and an abundance of natural light. The kitchen is significantly renovated with granite counters, custom hickory cabinets for all your storage needs, and stainless steel appliances. The main level provides direct access to the attached two-car garage, along with a spacious family room featuring a fireplace, a convenient washroom, and laundry facilities. A durable steel roof along with aluminum soffit and fascia not only add to the home's lasting appeal, but means no upkeep! Whether you're looking for a substantial family home to thoughtfully update and make your own, or you're exploring a potential development opportunity, the combination of this prime location and exceptional lot size makes 62 Chapel Street a property worth envisioning. Bring your ideas and create something truly special in the heart of Brampton. (id:66096)

Property Details

MLS®: W13851574
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 8
Interior Size: 2,750 ft²
Lot Size: 153 × 161 ft (24,538 sq ft)
Frontage: 153 ft
Storeys: 2
Basement: None
Heating: Heat Pump, Forced air, Natural gas
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $9,976.91/yr
Listed: 34 days ago

Rooms

Upper Level

Living room: 6.87 x 9.69 meters
Dining room: 4.05 x 2.88 meters
Kitchen: 3.41 x 2.79 meters
Primary Bedroom: 4.66 x 3.66 meters
Bedroom 2: 3.13 x 4.3 meters

Main level

Bedroom 3: 4.34 x 3.56 meters
Family room: 8.02 x 4.48 meters
Laundry room: 2.6 x 6.66 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Central Vacuum, Gas stove(s), Dishwasher, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Hardwood, Carpeted
Foundation: Slab
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Brampton (Downtown Brampton) listings, avg age

108d

Price / ft²

$400

List price

$1.10M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Brampton (Downtown Brampton) has been listed for 34 days, which is 74 days fresher than the city average of 108. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · SUSAN FROESE-MCHARDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6W)

This home lists at $1,099,000, about 12.6× the local median household income of $87,000.

Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $87,000
Population: 23,547
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L6W)

$1,099,000· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $84,900.00

Min 7.73%50%

Mortgage payment$5,622/mo

↳ CMHC premium ($40,564 capitalized)

Property tax (est.)$831/mo

Total monthly$6,454

Cash Needed to Close

Down payment (7.73%)$84,900

Land transfer tax$18,455

Est. closing costs$5,797

Total cash needed$109,152

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