A rare high-yield opportunity in Brampton's desirable Northwood Park! This upgraded 5+3 bed, 3+1 bath detached sits on an impressive 82-ft frontage - one of the widest in the area - offering major future value and multi-unit potential. Perfect for investors, house-hackers, or large multi-generational families seeking both space and long-term growth. Inside, the home features a bright and functional layout with separate living, dining, and family rooms, ideal for privacy-focused tenants or extended family living. Recent upgrades include a chef-inspired quartz kitchen, engineered hardwood (2022), spa-style bathrooms, pot lights, and key mechanical improvements: new roof (2023) plus save monthly $$$$ with owned furnace, AC, and water-softener. A separate side entrance leads to a modern 3-bed in-law suite with full kitchen, bath, laundry, and open living/dining space-ready for income generation or comfortable extended family living. With proper approvals, the layout supports TRIPLEX conversion, dual basement units, or multiple rental streams. Easy upgrades such as converting the existing 2-pc bath to a full 3-pc washroom and adding an ensuite to the front bedroom can significantly increase rental income and ROI. The oversized lot also offers driveway expansion potential, adding valuable extra parking-an essential feature for multi-unit rentals. Outside, enjoy a large entertainer's deck and a quiet, established street just steps from parks, top-rated schools, transit, and shopping. A move-in ready home with exceptional upside-ideal for investors, savvy buyers, or families looking for space AND cash-flow potential.
Address
55 Castlehill Road
List Price
$1,075,000
MLS® Status
New
Expiration Date
2026-05-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Brampton
Sub-Area
Northwood Park
Region
Peel
Bedrooms
5 + 3
Bedrooms (Total)
8
Rooms Above Grade
12
Rooms Below Grade
5
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
108.42
Lot Shape
Irregular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
82.09
Parcel Number
140960116
Occupant Type
Vacant
Cross Street
Major William Sharpe/Chinguacousy
MLS® Number
W12638610
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Basement Area
Apartment, Separate Entrance
Postal Code
L6X 4C9
Posession Details
Immediate
Parking
Private Double
Parking Places (Total)
5
Parking Spaces
3
Tax Amount
$6,331.19
Tax Year
2024
Site Influences
Deck
Exterior Features
Deck
Interior Features
Carpet Free, In-Law Suite, Water Heater
Cable
Yes
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Built-In
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Other Structures
Fence - Full, Garden Shed
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PCL 123-1, SEC 43M817 LT 123, PL 43M817 CITY OF BRAMPTON
Security Features
Smoke Detector
Topography
Flat
Waterfront
No
Sewer
Sewer