The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 49 Elbern Markell Drive, an exceptional 5-bedroom detached home in Brampton's prestigious Credit Valley community, offering 4,591 as per MPAC above grade plus a professionally finished basement. Situated on a premium 60-ft lot directly across from scenic green space with no homes in front, this residence offers privacy, elegance and functionality. The main floor showcases 10-ft ceilings, hardwood flooring, pot lights and a grand open-to-above entrance. A private library boasts an impressive approx. 19-ft open-to-above ceiling, while formal living and dining rooms provide elegant entertaining spaces. The spacious family room features a coffered ceiling, custom feature wall and double-sided fireplace. The upgraded kitchen offers built-in JennAir appliances, ample cabinetry, and a bright breakfast area with porcelain flooring and a walkout to the backyard. Upstairs features 5 generous bedrooms, including a luxurious primary suite with tray ceiling, walk-in closet and 5-piece ensuite. Additional bedrooms offer spacious closets and convenient semi-ensuite access. A walk-in linen closet and separate laundry room add convenience. Excellent Rental Potential! The professionally finished basement with separate entrance offers two distinct living areas: a legal 2-bedroom secondary dwelling unit approved by the City of Brampton, featuring a kitchen with quartz countertops, stainless steel appliances, pot lights and a 4-piece bathroom; plus a separate owner-occupied area with a bedroom, living area and washroom. Shared laundry facilities add convenience. Ideal for extended or multi-generational living with potential rental income. Additional highlights include a rare 3-car attached garage, parking for up to 9 vehicles, premium finishes throughout and a prime location near schools, parks, shopping, public transit and major highways. A remarkable opportunity to own a beautifully appointed home in one of Brampton's most desirable neighbourhoods!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$9,197/mo
Mortgage (principal + interest)$7,852
Property taxFrom listing: $16,133/yr$1,344
Minimum 20% ($419,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$419,800
Ontario land transfer taxProvincial brackets, no first-time refund$38,950
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$461,550
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brampton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
