$589,900

For sale

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#89 9460 The Gore Road, Brampton (Bram East) - Single Family for Sale

#89 9460 The Gore Road, Brampton (Bram East), Ontario, L6P4P9

2 beds2 baths1 parking ft²

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Listed by RE/MAX REAL ESTATE CENTRE INC.

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Listed by RE/MAX GOLD REALTY INC.

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

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35 Davenhill Road, Brampton (Bram East), Ontario, L6P3E1

For sale

21 days ago

$850K

35 Davenhill Road, Brampton (Bram East), Ontario, L6P3E1

3 bd3 ba3 pk1,750 ft²+$112/mo

Listed by RE/MAX GOLD REALTY INC.

Investment analysis

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$589,900

Brampton

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Overview

This 2-bedroom, 2-bathroom condo in Brampton is for sale offering roughly 1,100 sq ft of space. Listed at $589,900, it is attractively priced about 16% below the $699,900 median asking price in Brampton. It has been on the market 32 days, fresher than the Brampton average of 59 days.

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

Description

prime bram east very convenient location. very well kept newer home for sale. very good for an investor or for a first time home buyer. easily accessible to shopping schools and highways. much cheaper than neighboring cities such as Vaughan and Toronto. Just live on border and live affordable. vacant property move in any time. Lowest priced house in Bram east community. You can buy including existing furniture. (id:66096)

Market Timing

Days on market

32d

Brampton (Bram East) listings, avg age

59d

Price / ft²

$537

List price

$590K

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 (L6P)

This home lists at $589,900, about 4.4× the local median household income of $134,000.

Carrying it typically needs a household income of about $115,228 (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)

$589,900· $537/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,990.00

Min 5.76%50%

Mortgage payment$3,082/mo

↳ CMHC premium ($22,236 capitalized)

Property tax (est.)$285/mo

Condo fee$247/mo

Total monthly$3,614

Cash Needed to Close

Down payment (5.76%)$33,990

Land transfer tax$8,273

Est. closing costs$4,270

Total cash needed$46,533

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

#89 9460 The Gore Road, Brampton (Bram East) - Single Family for Sale

Rental cashflow calculator

Description

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Neighbourhood profile (L6P)

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