$389,000

For sale

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#104 12 Laurelcrest Street, Brampton (Queen Street Corridor) - Single Family for Sale

#104 12 Laurelcrest Street, Brampton (Queen Street Corridor), Ontario, L6S5Y4

2 beds1 bath2 parking ft²

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Investment analysis

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$389,000

Brampton

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Overview

This 2-bedroom, 1-bathroom condo in Brampton is for sale offering roughly 950 sq ft of space. Listed at $389,000, it is attractively priced about 6% below the $414,900 median asking price in Brampton. It has been on the market 8 days, fresher than the Brampton average of 50 days.

Condos for Sale in Brampton →All real estate in Brampton →

Description

Perfect Ground Level Condo For Couple, Family, or Single Person! Affordable & Freshly Painted. Carpet Free! Upgrades Thru Out! Large Windows, Spacious Floor Plan, Move In Ready! 2 Underground Parking Spots! Located To Transit, Shopping, Schools, Hwys, Hospital, Restaurants, Parks & Wooded Trails. Ample Visitor Parking For Your Guests. This Condo Is Very Well Run With Security / Gates & Lots Of Amenities. Gym, Indoor Hot Tub, Outdoor Pool, Change Rooms, Party Room, & Picnic Tables Outside So You Can Enjoy Your Summers Under The Trees. Family Friendly Community! Your New Home Is Waiting For You!! (id:66096)

Property Details

MLS®: W14122718
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,142/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,707.3/yr
Listed: 8 days ago

Market Timing

Days on market

Brampton (Queen Street Corridor) listings, avg age

50d

Price / ft²

$410

List price

$389K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (L6S)

This home lists at $389,000, about 3.7× the local median household income of $105,000.

Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $105,000
Population: 54,361
Median age: 38.8
Owner / renter: 82% / 18%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L6S)

$389,000· $410/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,450

Min 5%50%

Mortgage payment$2,049/mo

↳ CMHC premium ($14,782 capitalized)

Property tax (est.)$226/mo

Condo fee$1,142/mo

Total monthly$3,417

Cash Needed to Close

Down payment (5%)$19,450

Land transfer tax$4,310

Est. closing costs$3,667

Total cash needed$27,427

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#104 12 Laurelcrest Street, Brampton (Queen Street Corridor) - Single Family for Sale

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Neighbourhood profile (L6S)

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