$550,000 - 24 Lincoln Court, Brampton
Condo for Sale in Brampton
43 days on market- MLS Number
- W13076556
- Property Type
- Condo
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Brampton
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- COLDWELL BANKER ESCARPMENT REALTY
Prime Opportunity at 24 Lincoln Court: A Commuter's Dream in Brampton. Experience the perfect balance of suburban comfort and urban accessibility with this beautifully maintained 3-bedroom townhouse located in one of Brampton's most established residential enclaves. Spanning two full storeys, this home offers a thoughtfully designed floor plan that maximizes both privacy and shared living space. The main level provides a seamless flow for entertaining, complemented by 1.5 bathrooms and large windows that invite natural light. Storage and convenience are never an issue, as the property includes a private garage and an additional parking space. Situated on a sprawling 10.1-acre community site, this home abuts quiet residential areas with light traffic patterns, offering a peaceful retreat while keeping you connected to the heartbeat of the city.Unbeatable Location & LifestyleThis property boasts a "Walk Score" that is hard to beat. You are just a short walk away from Bramalea City Centre, one of Canada's premier shopping destinations, offering hundreds of premium retailers, dining options, and entertainment. Furthermore, you are conveniently located next to a full bus transit system, including the Bramalea Terminal, ensuring a seamless commute across the GTA via Brampton Transit, Züm, and GO Transit, and even the 407. Whether you are heading to work or exploring the city, everything you need is right at your doorstep.
Estimate your monthly payments for this property
Estimated Payment
$2,821.79/mo
Includes CMHC insurance ($15,345)
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.
24 Lincoln Court, 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 $458/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 43 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 $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.