$585,000

For sale

#31 9440 The Gore Road East, Brampton (Bram East) - Single Family for Sale

#31 9440 The Gore Road East, Brampton (Bram East), Ontario, L6P4P9

1 bed1 bath1 parking650 ft²$129/mo condo feeListed 13 days ago

Overview

This 1-bedroom, 1-bathroom condo in Brampton is for sale offering roughly 650 sq ft of space. Listed at $585,000, it is attractively priced about 16% below the $699,900 median asking price in Brampton. It has been on the market 13 days, fresher than the Brampton average of 58 days.

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Description

**Welcome to Urban Living at Its Best!** This beautifully crafted starter home by renowned Mosiak Homes offers the perfect blend of modern design, comfort, and convenience. Featuring a well-designed one-bedroom layout and the added convenience of a private one-car parking garage with extra storage space, this home is ideal for first-time buyers or savvy investors. Ideally located near Cottrelle Boulevard and The Gore Road, with easy access to schools, shopping, everyday amenities, Highway 7, and Highway 407. Enjoy a low-maintenance lifestyle with low maintenance fees. A fantastic opportunity to own a stylish home in a convenient location! (id:66096)

Property Details

MLS®: W14106962
Property Type: Single Family
Zoning: Single Family Residential
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: No Garage
Condo Fee: $129/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,171.06/yr
Listed: 13 days ago

Rooms

Main level

Primary Bedroom: 2.65 x 3.66 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, Water meter, Dishwasher, Stove, Dryer
Flooring: Laminate, Carpeted
Foundation: Brick
Exterior: Brick
Lot Features: Open space

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Brampton (Bram East) listings, avg age

58d

Price / ft²

$901

List price

$585K

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 1-bed single family in Brampton (Bram East) has been listed for 13 days, which is 45 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HOMELIFE DISTRICT REALTY · SUGA THANABALASINGAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6P)

This home lists at $585,000, about 4.4× the local median household income of $134,000.

Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $134,000
Population: 91,155
Median age: 36
Owner / renter: 89% / 11%
Avg. household size: 4.3

Source: Statistics Canada, 2021 Census (FSA L6P)

$585,000· $901/ft²

For sale

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Full Cost Breakdown

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Down Payment5.73% · $33,500

Min 5.73%50%

Mortgage payment$3,058/mo

↳ CMHC premium ($22,060 capitalized)

Property tax (est.)$264/mo

Condo fee$129/mo

Total monthly$3,451

Cash Needed to Close

Down payment (5.73%)$33,500

Land transfer tax$8,175

Est. closing costs$4,255

Total cash needed$45,930

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