24 HANOVER Road Unit 1008, Brampton

Price: $540,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12672292

Welcome to Bellair On The Park Condos. The Security Gate gives access to both buildings # 22 on the left & # 24 on the right side of the entrance from the Security Guard Gate House. There are shared amenities in both the buildings and the grounds are beautifully maintained. The unit # 1008 is 1051 square feet with 2 bedrooms + 2 washrooms + Den and large living & dining room and a very spacious open concept kitchen. The Kitchen has ceramic tiles floors, with quartz counters, fridge, stove, and built in dishwasher are stainless steel appliances. The Primary bedroom is large size with double closet and 2 piece ensuite washroom. In-suit stackable Laundry Pair. The second bedroom is also good size with a window out to the Den. Beautiful large windows in the living room with a beautiful South City & Skyline View. Great Sunrise View to watch for the starting of every wonderful day. One underground parking spot at P2 level. Less than 10 minutes walking distance to Bramalea City Centre Shopping Mall, Chinguacousy Park, Bramalea City Centre terminal (easy bus access for commuters), Freshco and Metro, Howden Recreation Centre, Peel Police Station, Brampton Public Library and an elementary school. Proximity to the GO station, hospitals, middle schools, high schools and major highways. Beautifully maintained grounds. Ample outdoor guest parking and a recycling room. Gazebo, BBQ area, and a Rock Garden with a waterfall feature. Outside Convenient Walking Trail that circles the building. Sunroom sitting area. Indoor swimming pool, hot tub, Sauna. 2 exercise rooms one is a weight-training area the other is a cardio room. Party room, Billiards Room. Squash/Racquetball court. 2 Tennis courts. Basketball Court.

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$540,000 - 24 HANOVER Road Unit 1008, Brampton

Condo for Sale in Brampton

80 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12672292
Property Type
Condo
Status
active
Days on Site
80
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Brampton
Locker
Ensuite
Exposure
South
Balcony
None
Listing Brokerage
PONTIS REALTY INC.
Description

Welcome to Bellair On The Park Condos. The Security Gate gives access to both buildings # 22 on the left & # 24 on the right side of the entrance from the Security Guard Gate House. There are shared amenities in both the buildings and the grounds are beautifully maintained. The unit # 1008 is 1051 square feet with 2 bedrooms + 2 washrooms + Den and large living & dining room and a very spacious open concept kitchen. The Kitchen has ceramic tiles floors, with quartz counters, fridge, stove, and built in dishwasher are stainless steel appliances. The Primary bedroom is large size with double closet and 2 piece ensuite washroom. In-suit stackable Laundry Pair. The second bedroom is also good size with a window out to the Den. Beautiful large windows in the living room with a beautiful South City & Skyline View. Great Sunrise View to watch for the starting of every wonderful day. One underground parking spot at P2 level. Less than 10 minutes walking distance to Bramalea City Centre Shopping Mall, Chinguacousy Park, Bramalea City Centre terminal (easy bus access for commuters), Freshco and Metro, Howden Recreation Centre, Peel Police Station, Brampton Public Library and an elementary school. Proximity to the GO station, hospitals, middle schools, high schools and major highways. Beautifully maintained grounds. Ample outdoor guest parking and a recycling room. Gazebo, BBQ area, and a Rock Garden with a waterfall feature. Outside Convenient Walking Trail that circles the building. Sunroom sitting area. Indoor swimming pool, hot tub, Sauna. 2 exercise rooms one is a weight-training area the other is a cardio room. Party room, Billiards Room. Squash/Racquetball court. 2 Tennis courts. Basketball Court.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,770.48/mo

Includes CMHC insurance ($15,066)

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5-yr fixed avg.

Principal: $486,000Interest: $330,078
Mortgage Amount$501,066
Total Interest$330,078
Est. Property Tax$383/mo
Total Cost$831,144

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

24 HANOVER Road Unit 1008, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$383
Insurance (est.)-$113
Net Cash Flow+$1,614

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 $540/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.

Negotiation Opportunity

At 80 days on site, this property has exceeded the typical selling timeline for Brampton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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