$275,000

For sale

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#805 21 Knightsbridge Road, Brampton (Queen Street Corridor) - Single Family for Sale

#805 21 Knightsbridge Road, Brampton (Queen Street Corridor), Ontario, L6T3Y1

1 bed1 bath parking

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Investment analysis

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$275,000

Brampton

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Overview

This 1-bedroom, 1-bathroom condo in Brampton is for sale offering roughly 850 sq ft of space. Listed at $275,000, it is attractively priced about 34% below the $414,900 median asking price in Brampton. It has been on the market 34 days, fresher than the Brampton average of 51 days.

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

Description

Welcome to 21 Knightsbridge Rd, #805. If you are looking to get into the Real Estate Market then this could be the one for you. Spacious 800+sqft unit with large open balcony for extra living space while enjoying the fresh air. Bright living/dining room with a patio door walk-out to the balcony where you can enjoy outdoor dining from the comfort of your own home. The large primary bedroom has an oversized closet and there is a conveniently located 4pce bath. One owned underground parking spot. Fantastic location close to Bramalea City Centre, Chinguacousy Park, schools, transit, medical buildings, shopping and easy access to highways for those that commute. Maintenance Fee includes heat, hydro, central air, high speed internet & more. Enjoy all that 21 Knightsbridge has to offer with an outdoor pool for summer fun, party room, playground & ample visitor parking. Enjoy the view from the South facing balcony with a clear view to the Toronto Skyline! This condo is priced to sell fast and will not last. Don't miss out on making this one your home. Perfect for first time buyers, investors & empty nestors. Location is key with so many great amenities just steps away. (id:66096)

Property Details

MLS®: W13852714
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $645/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,957/yr
Listed: 34 days ago

Market Timing

Days on market

34d

Brampton (Queen Street Corridor) listings, avg age

51d

Price / ft²

$324

List price

$275K

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 $275,000, about 3.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $53,717 (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)

$275,000· $324/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,750

Min 5%50%

Mortgage payment$1,448/mo

↳ CMHC premium ($10,450 capitalized)

Property tax (est.)$163/mo

Condo fee$645/mo

Total monthly$2,256

Cash Needed to Close

Down payment (5%)$13,750

Land transfer tax$2,600

Est. closing costs$3,325

Total cash needed$19,675

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

#805 21 Knightsbridge Road, Brampton (Queen Street Corridor) - Single Family for Sale

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