See the most expensive house for sale in Brampton with a list price of $7,900,000

The average price of a home in Brampton sits a little lower than $1,042,000 but that price tag is nothing compared to the most expensive house for sale in the city with an asking price shy of $7.9 million.

The impressive property was built between 30 and 50 years ago at 767 Mayfield Road on the western edge of Brampton.

The two-storey, 2,500 to 3,000 square-foot detached home sits on a 1.93-acre lot and features four bedrooms, three bathrooms and a half baths, and a fully finished walk-out basement with a functional bar and gas fireplace.

The home has hardwood and carpet throughout and two decks accessible from kitchen for summer BBQs or taking in the rural views. There are also two workshops located on the property and ample parking space, with the seller currently running a business from the property.

The kitchen features an island range and stainless steel appliance with a country view just minutes from the amenities of the city.

But all the privacy and amenities offered by this property don’t come cheap with an asking price of $7,900,000 and estimated mortgage payments of over $29,000 per month. And with a price tag this high you likely have some time to scrape together the massive down payment required to throw your hat into the ring.

Detached homes are still the most in-demand property type on the market in Brampton according to real estate website Zoocasa, which says motivated buyers may be taking advantage of the slowdown in market competition to finally land a detached home.