$534,000 - 22 Hanover Road Unit 201, Brampton
Condo for Sale in Brampton
38 days on market- MLS Number
- W13104262
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Brampton
- Locker
- None
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- Engel & Volkers Oakville
Welcome to Bellair-on-the-park. Step into this 1400 sq.ft, 2 bedroom corner suite with an open-concept living and dining room, perfect for entertaining. Enjoy the versatility of a bright solarium, ideal as a reading nook or home office. Both spacious bedrooms provide comfort and privacy, with the primary bedroom having it's own a 4-piece ensuite bath. Newer custom zebra blinds installed in the Living room, Dining room, Solarium and Kitchen.Convenient ensuite laundry, a large foyer, large storage room in the unit and two side by side parking spaces on P1. Experience true resort-style living with access to exceptional building amenities, including indoor pool and hot tub, sauna, squash/tennis/pickle ball, exercise room, billiard room and party room. The location is unbeatable...walking distance to parks, shopping, schools, public transit, and close to Chinguacousy Park which offers year-round activities for all ages, featuring a tropical greenhouse, mini-golf course, tennis courts and a petting zoo. Freshly painted and ready to move in. Maintenance includes heat, hydro, water and Bell Fibe TV with High-Speed Internet Included until March 31, 2027. Afterward, Internet will be available for $42/Month.
Estimate your monthly payments for this property
Estimated Payment
$2,739.70/mo
Includes CMHC insurance ($14,899)
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.
22 Hanover Road Unit 201, 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 $381/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 38 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.
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.
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 $2,225 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.