$318,000

$328,000For salePrice drop↓ $10,000 (3%)

#1601 215 Queen Street East, Brampton (Queen Street Corridor) - Single Family for Sale

#1601 215 Queen Street East, Brampton (Queen Street Corridor), Ontario, L6W0A9

0 beds1 bath1 parking250 ft²$574/mo condo feeListed 19 days ago

Overview

This 1-bathroom condo in Brampton is for sale offering roughly 250 sq ft of space. Listed at $318,000, it is attractively priced about 23% below the $414,900 median asking price in Brampton. It has been on the market 19 days, fresher than the Brampton average of 50 days.

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Description

Welcome to Rhythm Condos & Lofts! This bright and stylish studio suite is an excellent opportunity for first-time homebuyers, investors, and those looking to own a modern condo in a highly convenient location. Featuring an open-concept layout, this sun-filled unit offers floor-to-ceiling windows, plenty of natural light, east-facing view, and an extra-large balcony. The suite features freshly painted walls, newly installed laminate, and a modern full-size kitchen with granite countertops and ample cabinetry. Enjoy the convenience of underground parking and a private locker, along with excellent building amenities including 24-hour security and a yoga/fitness room. Ideally located close to downtown Brampton, transit, Züm Bus, highways, shopping, parks, schools, and the Rose Theatre. Chinguacousy Park and other recreational amenities are also nearby, making this a fantastic location for both convenience and lifestyle. (id:66096)

Property Details

MLS®: W14086230
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, Parking
Ownership: Condo/Strata
Property Tax: $2,281.16/yr
Listed: 19 days ago

Rooms

Flat

Living room: 5.15 x 2.89 meters
Dining room: 5.15 x 2.89 meters
Laundry room: 2.93 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, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Brampton (Queen Street Corridor) listings, avg age

50d

Price / ft²

$1,275

List price

$318K

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 19 days, which is 31 days fresher than the city average of 50. Act while there is still low competition.

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Listed by CITYSCAPE REAL ESTATE LTD. · AHMED TABASH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6W)

This home lists at $318,000, about 3.7× the local median household income of $87,000.

Carrying it typically needs a household income of about $62,117 (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)

$318,000· $1,275/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,900

Min 5%50%

Mortgage payment$1,675/mo

↳ CMHC premium ($12,084 capitalized)

Property tax (est.)$190/mo

Condo fee$574/mo

Total monthly$2,439

Cash Needed to Close

Down payment (5%)$15,900

Land transfer tax$3,245

Est. closing costs$3,454

Total cash needed$22,599

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