180 Veterans Drive Unit 807, Brampton

Price: $530,000

2 bedrooms, 2 bathrooms

800 sq ft

Property Type: Condo

MLS#: W12657468

Fantastic Opportunity for First-Time Buyers or Investors! Move into this 5-year-old top-floor corner 2-bedroom, 2-bathroom suite in the desirable M1 Condos. Bright and spacious open-concept layout featuring 9' ceilings, laminate flooring, and floor-to-ceiling windows throughout. Combined living and dining area with walk-out to balcony, ideal for everyday living and entertaining. The primary bedroom offers a private ensuite bath. Contemporary kitchen with quartz countertops and stainless-steel appliances. Enjoy premium building amenities, including a gym and party room. Conveniently located near Mount Pleasant GO Station, parks, community centre, Brampton Transit, hospital.

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$530,000 - 180 Veterans Drive Unit 807, Brampton

Condo for Sale in Brampton

33 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12657468
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Brampton
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Fantastic Opportunity for First-Time Buyers or Investors! Move into this 5-year-old top-floor corner 2-bedroom, 2-bathroom suite in the desirable M1 Condos. Bright and spacious open-concept layout featuring 9' ceilings, laminate flooring, and floor-to-ceiling windows throughout. Combined living and dining area with walk-out to balcony, ideal for everyday living and entertaining. The primary bedroom offers a private ensuite bath. Contemporary kitchen with quartz countertops and stainless-steel appliances. Enjoy premium building amenities, including a gym and party room. Conveniently located near Mount Pleasant GO Station, parks, community centre, Brampton Transit, hospital.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,719.17/mo

Includes CMHC insurance ($14,787)

$
$
5%10%50%

5-yr fixed avg.

Principal: $477,000Interest: $323,965
Mortgage Amount$491,787
Total Interest$323,965
Est. Property Tax$375/mo
Total Cost$815,752

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

180 Veterans Drive Unit 807, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,195

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 $663/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 33 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.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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