16 Banks Drive, Brampton, ON

$1,359,000
MLS#:W12320150
7 beds
6 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Vales of Castlemore. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,359,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 7 Bedrooms and 6 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 54.52 x 82.35 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Heater, Carpet Free, Built-In Oven
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Bold, Refined & Move-In Ready! This 4+3 bed, 6 bath, 6 car parking stunner sits on a premium 55-ft lot with striking stone façade, double door entry and No Side-Walk!!. Inside, 9-ft ceilings, oak stairs, no carpet, smooth ceilings and pot lights create seamless elegance. Designer kitchen w/ built-in S/S appliances, quartz counters, island, backsplash & pantry opens to a cozy family room w/ fireplace. Upstairs: 4 spacious bedrooms, 3 full upgraded baths, and a sunlit computer loft. Professionally Finished basement with 2 separate units (3 beds, 2 kitchens, 2 living areas, 2 full bath). Stamped interlocked driveway + side, huge backyard perfect for entertaining. A true gem to miss!!

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Key Features

Bedrooms
7
Bathrooms
6
Kitchens
3
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 13, 2025
Sold price information is available to members only
Listed Date8/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size54.52 × 82.35 Feet
CountyPeel
Annual Tax$8,224
Legal DescriptionLOT 22, PLAN 43M1425, BRAMPTON. S/T EASE IN FAVOUR OF LOT 21 PL 43M1425 OVER PT LT 22 PL 43M1425 DES AS PT 15, 43R25174 AS IN PR368545. T/W EASE IN FAVOUR OF LOT 22 PL 43M1425 OVER PT LT 21 PL 43M1425 DES AS PT 14, 43R25174 AS IN PR368545 (S/T LT1988373, LT1999095, LT2057426, LT2082183, LT2082186, LT2087000, PR54857, PR63509). S/T RIGHT IN FAVOUR OF 1281216 ONTARIO INC. AS IN PR370721

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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16 Banks Drive, Brampton, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Vales of Castlemore, Brampton.

Verified Local Data
Population6,202,225
Median Age35.8 Yrs
Ownership76% Owners
Avg Area List Price$1,290,288

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Indian42%
Canadian10%
English6%
Jamaican5%

Local Schools Guide

Elementary Schools

Treeline
Public145 Treeline Boulevard, Brampton, Ontario, L6P 1E7
5.8
Holy Spirit
Public25 Bloomsbury Avenue, Brampton, Ontario, L6P 1W9
6.1
Fairlawn
Public40 Fairlawn Boulevard, Brampton, Ontario, L6P 2X4
4.1
Eagle Plains
Public40 Eagle Plains Drive, Brampton, Ontario, L6R 2X8
5.1
Mountain Ash
Public280 Mountainash Road, Brampton, Ontario, L6R 3G2
6.4

Secondary Schools

Sandalwood Heights
Public2671 Sandalwood Parkway East, Brampton, Ontario, L6R 0K7
6.2
North Park SS
PublicNorth Park Drive, Brampton, Ontario, L6S 0E2
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied76%
Rented24%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Banks Drive, Brampton, ON L6P 1C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,087,200
Monthly Mortgage$6,317
Property Tax (Est.)$685
Utilities & Maint.$350
Total Monthly Cost$7,352

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Brampton.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.