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New3 hours ago

49 Elbern Markell Drive

Credit Valley, Brampton

$2,099,000

Detached|2-Storey
4 | 5 | 9
About this home

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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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$16,133
Lot Size60.12 ft x 117.09 ft
mls© NumberW14081090
Listed ByRE/MAX OPTIMUM REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,744
Property tax
$1,344
Heat allowance
$150
Housing costs
$12,238 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $419,800
25-yr amortization

Income needed

$377,000

gross annual household income

Payment at 4%
$8,833 / mo
Cash down
$419,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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