12 Laurelcrest Street Unit 1112, Brampton

Price: $479,900

2 bedrooms, 2 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12382630

Welcome to 1112-12 Laurelcrest Street, a stunning 2-bedroom, 2-bathroom corner unit condo that boasts a rare 3 parking spaces 2 underground and 1 surface! This unit features one of the buildings largest floor plans and comes with a spacious private locker a rare advantage given the limited and highly sought-after availability.The living and dining areas showcase classic hardwood parquet flooring, while both bedrooms are finished with plush carpeting for comfort. The second bedroom includes a custom Murphy bed, offering style and flexibility for guests or a home office setup. Large windows with vertical blinds fill the home with natural light, and from the living room you can step onto your private balcony to enjoy southeastern views perfect for morning coffee or relaxing evenings.This well-maintained building offers an impressive range of amenities: an outdoor inground pool, tennis court, gym, billiards room, media room, meeting/party room, card room/library, sauna, and hot tub. The manicured grounds and 24-hour gated security provide both beauty and peace of mind.Ideally located just minutes from dining, shopping, transit, parks, and places of worship, this home blends comfort, convenience, and community.EXTRAS: Parking spots: Level A #26 and #114. Surface spot: #18.

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$479,900 - 12 Laurelcrest Street Unit 1112, Brampton

Condo for Sale in Brampton

32 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12382630
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Brampton
Locker
Ensuite+Owned
Exposure
South East
Balcony
Open
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Welcome to 1112-12 Laurelcrest Street, a stunning 2-bedroom, 2-bathroom corner unit condo that boasts a rare 3 parking spaces 2 underground and 1 surface! This unit features one of the buildings largest floor plans and comes with a spacious private locker a rare advantage given the limited and highly sought-after availability.The living and dining areas showcase classic hardwood parquet flooring, while both bedrooms are finished with plush carpeting for comfort. The second bedroom includes a custom Murphy bed, offering style and flexibility for guests or a home office setup. Large windows with vertical blinds fill the home with natural light, and from the living room you can step onto your private balcony to enjoy southeastern views perfect for morning coffee or relaxing evenings.This well-maintained building offers an impressive range of amenities: an outdoor inground pool, tennis court, gym, billiards room, media room, meeting/party room, card room/library, sauna, and hot tub. The manicured grounds and 24-hour gated security provide both beauty and peace of mind.Ideally located just minutes from dining, shopping, transit, parks, and places of worship, this home blends comfort, convenience, and community.EXTRAS: Parking spots: Level A #26 and #114. Surface spot: #18.

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Estimate your monthly payments for this property

Estimated Payment

$2,462.14/mo

Includes CMHC insurance ($13,389)

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5-yr fixed avg.

Principal: $431,910Interest: $293,342
Mortgage Amount$445,299
Total Interest$293,342
Est. Property Tax$340/mo
Total Cost$738,641

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Brampton

Discover Brampton

Brampton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Brampton

  • Convenient location in Brampton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Turner Fenton Secondary SchoolPublic High School
Heart Lake Secondary SchoolPublic High School
St. Edmund Campion Secondary SchoolCatholic High School
Cardinal Ambrozic Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Brampton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

12 Laurelcrest Street Unit 1112, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$1,270

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $480/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Brampton Value

Brampton offers more space for your dollar compared to Mississauga or Toronto. The city has invested heavily in infrastructure including the Züm rapid transit. Consider proximity to highways (410, 407) for commuting. The community is diverse and vibrant, with excellent South Asian cuisine and cultural events.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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