47 Elizabeth Street, Brampton

Price: $1,995,000

6 bedrooms, 6 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12997564

Attention Investors & Developers! This 8,990.9 sq ft lot site offers Exceptional Opportunity in the Heart of Downtown Brampton Directly Across from the GO Station. This rapidly developing area is experiencing significant growth with numerous new condo developments underway. The property is being sold primarily for land value. Please note: the existing structure has sustained fire damage. Ideal location for future development in a high-demand, transit-oriented neighborhood.

47 Elizabeth Street - Detached photo 1 of 1 in Brampton, Ontario
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$1,995,000 - 47 Elizabeth Street, Brampton

Detached for Sale in Brampton

New — Listed 2 days ago
6Beds
6Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12997564
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
6
Bathrooms
6
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Brampton
Listing Brokerage
RE/MAX SPECIALISTS TAVSELLS INC.
Description

Attention Investors & Developers! This 8,990.9 sq ft lot site offers Exceptional Opportunity in the Heart of Downtown Brampton Directly Across from the GO Station. This rapidly developing area is experiencing significant growth with numerous new condo developments underway. The property is being sold primarily for land value. Please note: the existing structure has sustained fire damage. Ideal location for future development in a high-demand, transit-oriented neighborhood.

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Estimate your monthly payments for this property

Estimated Payment

$8,824.56/mo

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5-yr fixed avg.

Principal: $1,596,000Interest: $1,051,367
Mortgage Amount$1,596,000
Total Interest$1,051,367
Est. Property Tax$1,413/mo
Total Cost$2,647,367

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

47 Elizabeth Street, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,413
Insurance (est.)-$416
Net Cash Flow+$2,271

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 30+ years of GTA real estate experience

Fair Market Value

At $998/sqft, this property is priced in line with current Brampton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Detached Home Advantages

Detached homes in Brampton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Brampton.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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