$525,000

For sale

#408 225 veterans Drive, Brampton (Northwest Brampton) - Single Family for Sale

#408 225 veterans Drive, Brampton (Northwest Brampton), Ontario, L7A5L7

3 beds2 baths1 parking850 ft²$648/mo condo feeListed 39 days ago

Overview

This 3-bedroom, 2-bathroom condo in Brampton is for sale offering roughly 850 sq ft of space. Listed at $525,000, it is attractively priced about 7% below the $565,000 median asking price in Brampton. It has been on the market 39 days, fresher than the Brampton average of 53 days.

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Description

Luxury, Space & Exceptional Outdoor Living! This stunning 807 sq. ft. corner suite features an impressive 1,101 sq. ft. private terrace, offering approximately 1,908 sq. ft. of total living space. The bright, spacious layout includes 2 bedrooms, a versatile den ideal as a third bedroom or home office, and 2 full bathrooms. Separate Storage Room beside the Parking. Enjoy breathtaking 180-degree terrace views, high ceilings, sun-filled rooms, premium appliances, in-suite laundry, parking, and a locker. Conveniently located near Mount Pleasant GO, Brampton Transit, Credit view Sandalwood Park, and Highway 410. Building amenities include a fitness room, games room, Wi-Fi lounge, party room dining area along with Outside BBQ area, and 24-hour security. A rare opportunity offering luxury, comfort, and exceptional outdoor space in a prime location. (id:66096)

Property Details

MLS®: W13832062
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $648/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,914.1/yr
Listed: 39 days ago

Features

Exterior: Concrete, Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

39d

Brampton (Northwest Brampton) listings, avg age

53d

Price / ft²

$618

List price

$525K

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 3-bed single family in Brampton (Northwest Brampton) has been listed for 39 days, which is 14 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX GOLD REALTY INC. · LOVEPREET SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7A)

This home lists at $525,000, about 4.2× the local median household income of $124,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $124,000
Population: 104,009
Median age: 33.2
Owner / renter: 87% / 13%
Avg. household size: 3.9

Source: Statistics Canada, 2021 Census (FSA L7A)

$525,000· $618/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$326/mo

Condo fee$648/mo

Total monthly$3,733

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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