Balanced Market
Mortgage Rates in Brampton, ON
Brampton is one of Canada's fastest-growing cities with a young, diverse population and more affordable prices than neighbouring Mississauga.
Avg Home Price
$820,000
Benchmark Price
$790,000
Year-Over-Year
↓ 2.1%
Best 5-Yr Fixed
4.89%
Today's Best Rates Near Brampton
| Rate Type | Best Rate |
|---|---|
| 5-Year Fixed | 4.89% |
| 5-Year Variable | 5.45% |
| 3-Year Fixed | 4.74% |
| 2-Year Fixed | 5.1% |
| HELOC | 6.2% |
*Based on $500K mortgage, 25-year amortization, Canadian semi-annual compounding. Last updated: May 25, 2026.
Brampton Real Estate Market
Balanced Market: Supply and demand are roughly equal — a stable environment for buyers and sellers.
Brampton is one of Canada's fastest-growing cities with a young, diverse population and more affordable prices than neighbouring Mississauga.
Land Transfer Tax — Brampton
Brampton buyers pay Ontario provincial LTT only. First-time buyers receive rebates up to $4,000.
Neighbourhoods in Brampton
Downtown BramptonBramaleaSpringdaleHeart LakeSandalwood
Frequently Asked Questions
What is the average home price in Brampton?
The average home price in Brampton is approximately $820,000, offering better value than Toronto or Mississauga for comparable property types.
Is Brampton affordable for first-time buyers?
Brampton offers some of the GTA's better affordability, particularly for townhouses and semi-detached homes in the $700K-$850K range.
What is Brampton's real estate market like?
Brampton's market has cooled from 2022 peaks but remains active. Strong demand from first-time buyers and new Canadians supports the market.
Does Brampton have good schools?
Brampton is served by the Peel District School Board with numerous elementary and secondary schools. Several faith-based school options are also available.
What are the best neighbourhoods in Brampton?
Springdale and Sandalwood are popular for families. Heart Lake offers more mature neighbourhoods. Downtown Brampton is undergoing revitalization.
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