60 Fairwood Circle Unit 23, Brampton

Price: $525,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12993078

Welcome to this well-maintained, renovated ground-floor townhouse in the highly sought-after Springdale community of Brampton. Offering approximately 662 sq. ft. of thoughtfully designed living space, this home features 1 bedroom and 1 bathroom with a functional open-concept layout.The upgraded kitchen is equipped with granite countertops, a stylish backsplash, center island, and ample cabinetry, seamlessly flowing into the living area with hardwood flooring throughout. Enjoy the convenience of ensuite laundry.This home includes a built-in garage plus an additional parking space, for a total of 2 parking spots. Step out to your private, fenced patio backing onto school grounds, providing added privacy. The property also faces open space with no homes directly in front, allowing for abundant natural light.Ideally located close to schools, parks, shopping, restaurants, the library, fitness centres, and public transit. Perfect for first-time buyers, downsizers, retirees, or investors.

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New Listing
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$525,000 - 60 Fairwood Circle Unit 23, Brampton

Condo for Sale in Brampton

New — Listed 3 days ago
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12993078
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Brampton
Locker
Ensuite
Exposure
North
Balcony
None
Listing Brokerage
SPECTRUM REALTY SERVICES INC.
Description

Welcome to this well-maintained, renovated ground-floor townhouse in the highly sought-after Springdale community of Brampton. Offering approximately 662 sq. ft. of thoughtfully designed living space, this home features 1 bedroom and 1 bathroom with a functional open-concept layout.The upgraded kitchen is equipped with granite countertops, a stylish backsplash, center island, and ample cabinetry, seamlessly flowing into the living area with hardwood flooring throughout. Enjoy the convenience of ensuite laundry.This home includes a built-in garage plus an additional parking space, for a total of 2 parking spots. Step out to your private, fenced patio backing onto school grounds, providing added privacy. The property also faces open space with no homes directly in front, allowing for abundant natural light.Ideally located close to schools, parks, shopping, restaurants, the library, fitness centres, and public transit. Perfect for first-time buyers, downsizers, retirees, or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,693.52/mo

Includes CMHC insurance ($14,648)

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5-yr fixed avg.

Principal: $472,500Interest: $320,909
Mortgage Amount$487,148
Total Interest$320,909
Est. Property Tax$372/mo
Total Cost$808,057

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

60 Fairwood Circle Unit 23, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$929

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

Fair Market Value

At $875/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.

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 600 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.

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 $2,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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