18 Knightsbridge Road Unit 502, Brampton

Price: $499,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12991124

Welcome to this beautifully updated and spacious 3-bedroom, 2-bathroom corner suite at 18 Knightsbridge Rd, Unit 502. This bright and inviting home features a modern open-concept layout with large windows that bring in abundant natural light. The generous living and dining area is ideal for entertaining and flows seamlessly into an enclosed balcony, perfect for unwinding while enjoying impressive city skyline views. The unit is finished with quality laminate flooring throughout, offering a sleek, carpet-free interior. Conveniently located in a prime area, just steps to Bramalea City Centre, Brampton Library, GO Station, transit terminal, Chinguacousy Park, excellent schools, major highways, healthcare facilities, and dining options. Residents enjoy access to great amenities including an outdoor pool, gym, and 24-hour security, along with easy access to the airport. An excellent opportunity to own a stylish, move-in ready home at an affordable price.

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New Listing
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$499,000 - 18 Knightsbridge Road Unit 502, Brampton

Condo for Sale in Brampton

New — Listed 3 days ago
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12991124
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Brampton
Locker
None
Exposure
West
Balcony
Enclosed
Listing Brokerage
Gold Estate Realty Inc.
Description

Welcome to this beautifully updated and spacious 3-bedroom, 2-bathroom corner suite at 18 Knightsbridge Rd, Unit 502. This bright and inviting home features a modern open-concept layout with large windows that bring in abundant natural light. The generous living and dining area is ideal for entertaining and flows seamlessly into an enclosed balcony, perfect for unwinding while enjoying impressive city skyline views. The unit is finished with quality laminate flooring throughout, offering a sleek, carpet-free interior. Conveniently located in a prime area, just steps to Bramalea City Centre, Brampton Library, GO Station, transit terminal, Chinguacousy Park, excellent schools, major highways, healthcare facilities, and dining options. Residents enjoy access to great amenities including an outdoor pool, gym, and 24-hour security, along with easy access to the airport. An excellent opportunity to own a stylish, move-in ready home at an affordable price.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

18 Knightsbridge Road Unit 502, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,683

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $416/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Brampton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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