$385,000

For sale

#306 8 Lisa Street, Brampton (Queen Street Corridor) - Single Family for Sale

#306 8 Lisa Street, Brampton (Queen Street Corridor), Ontario, L6T4S6

2 beds2 baths1 parking1,100 ft²$1,285/mo condo feeListed 12 days ago

Overview

This 2-bedroom, 2-bathroom condo in Brampton is for sale offering roughly 1,100 sq ft of space. Listed at $385,000, it is attractively priced about 7% below the $414,900 median asking price in Brampton. It has been on the market 12 days, fresher than the Brampton average of 50 days.

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Description

Beautiful and spacious 2-bedroom suite in the highly sought-after Ritz Towers. This bright, sun-filled unit features a desirable open-concept layout with hardwood flooring throughout, no carpet, stylish kitchen tile, convenient in-suite laundry, and a modern kitchen with stainless steel appliances and dishwasher. Spacious living and dining areas flow seamlessly together, while generously sized bedrooms and pride of ownership make this home truly move-in ready. Located in one of Brampton's most desirable gated communities, surrounded by beautifully maintained grounds, gardens, conservation land, and scenic views near Cassels Lake. Enjoy exceptional resort-style amenities including indoor and outdoor pools, gym, squash and racquet courts, tennis, games and partyrooms, billiards, guest parking, and 24-hour gated security. Conveniently located near shopping, transit, highways, parks, schools, and everyday amenities. A wonderful opportunity to enjoy resort-style living with city conveniences at your doorstep. Shows exceptionally well-must see! (id:66096)

Property Details

MLS®: W14111402
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,285/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,449/yr
Listed: 12 days ago

Rooms

Flat

Kitchen: 3.84 x 3.8 meters
Living room: 8.23 x 3.25 meters
Dining room: 3.25 x 2.64 meters
Bedroom: 4.7 x 3.45 meters
Bedroom 2: 5.82 x 2.84 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, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Brampton (Queen Street Corridor) listings, avg age

50d

Price / ft²

$350

List price

$385K

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 2-bed single family in Brampton (Queen Street Corridor) has been listed for 12 days, which is 38 days fresher than the city average of 50. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · GEORGE GRDIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6T)

This home lists at $385,000, about 4.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $75,204 (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)

$385,000· $350/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,250

Min 5%50%

Mortgage payment$2,028/mo

↳ CMHC premium ($14,630 capitalized)

Property tax (est.)$204/mo

Condo fee$1,285/mo

Total monthly$3,517

Cash Needed to Close

Down payment (5%)$19,250

Land transfer tax$4,250

Est. closing costs$3,655

Total cash needed$27,155

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