475 Bramalea Road Unit 106, Brampton

Price: $499,900

3 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12630854

Welcome To This Beautifully Updated 3-Bedroom, 2-Bath Townhouse Located In Brampton's Highly Sought-After Southgate Community! Perfect For First-Time Buyers Or Investors, This Move-In-Ready Home Is Freshly Painted And Features A Spacious Open-Concept Living And Dining Area With Modern Laminate Flooring, Pot Lights, And A Walk-Out To A Private Fenced Patio - Ideal For Family Gatherings Or Summer BBQs. The Bright Eat-In Kitchen Showcases Quartz Countertops, Stainless Steel Appliances, Ample Cabinet Space, And A Functional Layout For Everyday Convenience. Upstairs, You'll Find Three Generous Bedrooms With Large Windows And Closets Offering Plenty Of Natural Light, While The Finished Basement Provides Additional Living Space Perfect For A Home Office, Gym, Or Recreation Room. Nestled In A Highly Desirable Neighbourhood, This Home Offers An Exceptional Lifestyle With A Condo-Maintained Outdoor Pool Just Steps Away And The Vibrant Chinguacousy Park Right Across The Street - Featuring Trails, Playgrounds, Sports Facilities, And Year-Round Recreation For The Whole Family. Perfectly Positioned Near Bramalea City Centre, GO Train Station, Brampton Civic Hospital, Schools, Transit, And Major Highways, This Property Delivers The Ideal Blend Of Comfort, Convenience, And Community Living - A True Must-See In A Family-Friendly Neighbourhood!

475 Bramalea Road Unit 106 - Condo photo 1 of 24 in Brampton, Ontario
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$499,900 - 475 Bramalea Road Unit 106, Brampton

Condo for Sale in Brampton

32 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12630854
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Brampton
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
ROYAL CANADIAN REALTY
Description

Welcome To This Beautifully Updated 3-Bedroom, 2-Bath Townhouse Located In Brampton's Highly Sought-After Southgate Community! Perfect For First-Time Buyers Or Investors, This Move-In-Ready Home Is Freshly Painted And Features A Spacious Open-Concept Living And Dining Area With Modern Laminate Flooring, Pot Lights, And A Walk-Out To A Private Fenced Patio - Ideal For Family Gatherings Or Summer BBQs. The Bright Eat-In Kitchen Showcases Quartz Countertops, Stainless Steel Appliances, Ample Cabinet Space, And A Functional Layout For Everyday Convenience. Upstairs, You'll Find Three Generous Bedrooms With Large Windows And Closets Offering Plenty Of Natural Light, While The Finished Basement Provides Additional Living Space Perfect For A Home Office, Gym, Or Recreation Room. Nestled In A Highly Desirable Neighbourhood, This Home Offers An Exceptional Lifestyle With A Condo-Maintained Outdoor Pool Just Steps Away And The Vibrant Chinguacousy Park Right Across The Street - Featuring Trails, Playgrounds, Sports Facilities, And Year-Round Recreation For The Whole Family. Perfectly Positioned Near Bramalea City Centre, GO Train Station, Brampton Civic Hospital, Schools, Transit, And Major Highways, This Property Delivers The Ideal Blend Of Comfort, Convenience, And Community Living - A True Must-See In A Family-Friendly Neighbourhood!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

475 Bramalea Road Unit 106, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,637

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 $555/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 32 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 900 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.

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.

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