$339,000

For sale

#1501 215 Queen Street East, Brampton (Queen Street Corridor) - Single Family for Sale

#1501 215 Queen Street East, Brampton (Queen Street Corridor), Ontario, L6W0A9

0 beds1 bath1 parking250 ft²$574/mo condo feeListed 42 days ago

Overview

This 1-bathroom condo in Brampton is for sale offering roughly 250 sq ft of space. Listed at $339,000, it is attractively priced about 18% below the $414,900 median asking price in Brampton. It has been on the market 42 days, fresher than the Brampton average of 51 days.

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Description

Big views, bright mornings, and a balcony with room to enjoy them. Welcome to Suite 1501 at Rhythm Condos & Lofts, an east-facing studio filled with natural light from floor-to-ceiling windows and an extra-large balcony with panoramic city views.The smart, open layout includes a full kitchen with cherry cabinetry and stainless steel appliances. Underground parking and a locker are included, giving you the storage and convenience that can be hard to find in a studio.Built by Mattamy, Rhythm offers a 24-hour concierge, gym, library, party room, guest suites, car wash, bike storage and visitor parking. With Züm transit at the door, Highway 410 nearby and shopping close at hand, this is a connected Brampton location. Gage Park and Chinguacousy Park are also within easy reach. A bright space, an impressive outdoor area and everyday convenience-all in one. (id:66096)

Property Details

MLS®: W13817738
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $574/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,065.1/yr
Listed: 42 days ago

Rooms

Flat

Living room: 5.15 x 2.89 meters
Dining room: 5.15 x 2.89 meters
Kitchen: 2.39 x 2.43 meters
Bathroom: 2.67 x 2.25 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Brampton (Queen Street Corridor) listings, avg age

51d

Price / ft²

$1,359

List price

$339K

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.

Haho

This single family in Brampton (Queen Street Corridor) has been listed for 42 days, which is 9 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · YASH CHHIBBAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6W)

This home lists at $339,000, about 3.9× the local median household income of $87,000.

Carrying it typically needs a household income of about $66,219 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $87,000
Population: 23,547
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L6W)

$339,000· $1,359/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,950

Min 5%50%

Mortgage payment$1,786/mo

↳ CMHC premium ($12,882 capitalized)

Property tax (est.)$172/mo

Condo fee$574/mo

Total monthly$2,532

Cash Needed to Close

Down payment (5%)$16,950

Land transfer tax$3,560

Est. closing costs$3,517

Total cash needed$24,027

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