$359,681

$374,681For salePrice drop↓ $15,000 (4%)

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#1905 25 Kensington Road, Brampton (Queen Street Corridor) - Single Family for Sale

#1905 25 Kensington Road, Brampton (Queen Street Corridor), Ontario, L6T3W8

1 bed1 bath parking

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Investment analysis

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$359,681

Brampton

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Overview

This 1-bedroom, 1-bathroom condo in Brampton is for sale offering roughly 650 sq ft of space. Listed at $359,681, it is attractively priced about 13% 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.

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

Description

Just move in and enjoy this 1 bedroom, 1 bathroom unit with calming south facing views and lots of natural light. This suite is in a prime location close to Bramalea City Centre, TMU Medical School, GO transit, public transit, parks and retail. Large windows and a generous layout fills the space with sunlight provides enough room for cooking and dining. Bonus 01, Designer painted, Bonus 02, The unit also has an en suite locker, Bonus 03, Laundry facilities on the same floor. (id:66096)

Property Details

MLS®: W14085862
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $663/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,155.81/yr
Listed: 19 days ago

Market Timing

Days on market

19d

Brampton (Queen Street Corridor) listings, avg age

50d

Price / ft²

$554

List price

$360K

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 (L6T)

This home lists at $359,681, about 4.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $70,258 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 39,614
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6T)

$359,681· $554/ft²

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Full Cost Breakdown

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Down Payment5% · $17,984.05

Min 5%50%

Mortgage payment$1,894/mo

↳ CMHC premium ($13,668 capitalized)

Property tax (est.)$180/mo

Condo fee$663/mo

Total monthly$2,737

Cash Needed to Close

Down payment (5%)$17,984

Land transfer tax$3,870

Est. closing costs$3,579

Total cash needed$25,433

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

#1905 25 Kensington Road, Brampton (Queen Street Corridor) - Single Family for Sale

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Neighbourhood profile (L6T)

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