Legal basement apartment near Highway 410 in Sandringham-Wellington

Property details for 40 Cookview Drive, Brampton

Type: Residential
Bedrooms: 6
Bathrooms: 4
Lot Size: 42.3 x 87.8 FT
Stories: 2
Basement: Apartment in basement, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $9,626

Sandringham-Wellington is one of those Brampton pockets where you can actually get to the 410 in about five minutes, and this 2-storey brick and stone house sits on a 42.3 x 87.8 ft lot right in the middle of it. Built with poured concrete foundation, it's a freehold with 4 parking spots (garage plus driveway) and a total of 6 beds and 4 baths across the main two floors and a legal basement apartment. Upstairs there's 4 bedrooms, including a primary with its own 4-piece ensuite, and the basement adds 2 more bedrooms with a separate entrance. The main floor has 9-ft ceilings and dark hardwood, plus an office that's perfect for remote work. The kitchen comes with granite counters and a backsplash, and there's a family room off to the side for hanging out. Tenants are currently in the basement unit but they're open to staying or leaving, depending on what you want. It's close to Harold M. Brathwaite Secondary School (0.4 km), the Brampton Soccer Centre (0.8 km), and SilverCity (0.7 km). With a median sold price nearby of $1.15M, asking $1.425M is a bit high, but you're paying for the legal income suite and the location. Taxes run about $9,625 a year.

About 40 Cookview Drive, Brampton — Property Score

Great Location Hot Market

Score: 65/100

Value

Priced 22.9% above area median of $1,159,450 based on 402 comparable properties nearby 36

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - 1 more than similarly priced 5-bedroom homes nearby 72

4 bathrooms - typical for similarly priced properties 60

3,714 sqft lot - a compact lot for the area 55

Location

$87K median household income - above the Canadian average of $70K 74

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

92% homeownership rate - indicating a stable, owner-occupied community 94

44% of residents commute under 30 minutes - good commuting convenience 65

2,357/km² population density - a well-balanced suburban area 94

Market

Just listed - area average is 57 days on market 100

+38.5% median price change over 1 month - rising prices in the area 100

25.9 months of housing supply - 1114 active listings with 43 sold last month (buyer's market) 40

Features

4-car garage - area average is 5.2 spots 95

Apartment in basement, N/A basement - potential for additional finished space 70

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.68% effective tax rate ($9,625/yr) - below the Canadian average of ~1% 80

9% renter population - primarily owner-occupied area 41

Quality

Condition

Listing

13 photos provided - below the area average of 38 photos 75

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.