$529,902 - 122 Moregate Crescent, Brampton
Condo for Sale in Brampton
- MLS Number
- W13192674
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Brampton
- Locker
- None
- Exposure
- East West
- Balcony
- None
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
This beautifully maintained 1221 SQFT. Townhouse offers 3 bedrooms and 2 bathrooms, finished WalkOut basement situated on a premium lot backing onto a ravine. Freshly painted, the home features a bright and airy main floor with a large combined living and dining area, an open-concept layout, and a generous eat-in kitchen with brand-new upgraded quartz countertops. Upstairs, you'll find three sun-filled bedrooms and a newly updated vanity in the main bathroom. The finished walk-out basement includes a versatile rec or study room, a convenient laundry area, and direct backyard access. With no neighbors behind, enjoy extra privacy along with additional visitor parking right behind the home. This property includes 2 parking spaces, including a garage. Additional overflow parking located to the left of the house, available on a first-come, first-served basis. Ideally located near Trinity Common, William Osler Hospital, Bramalea City Centre, schools, public transit, and just minutes from Highway 410, this townhouse is the perfect blend of comfort and convenience! Maintenance fee includes: Water, Internet, Cable, Roof, Lawn Maintenance, Snow Removal, All Common Elements.
Estimate your monthly payments for this property
Estimated Payment
$2,742.41/mo
Includes CMHC insurance ($19,076)
5-yr fixed avg.
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.
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
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.
122 Moregate Crescent, Brampton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $442/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 18 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Brampton. Good resale value as demand remains consistent.
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.
Investment Perspective
Looking at this as an investment: Brampton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.