$640,000 - 8 Lisa Street Unit 1506, Brampton
Condo for Sale in Brampton
New — Listed 5 days agoNeighbourhood: Queen Street Corridor
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- MLS Number
- W13840866
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Brampton
- Taxes (2026)
- $2,497
- Maintenance Fees
- $1,254/mo
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- EXP REALTY
This beautifully maintained 2-bedroom plus den, 2-bathroom condo offers spacious, light-filled living in one of Brampton's most convenient locations. Featuring an open-concept layout, versatile den space (perfect for a home office or nursery), and fully upgraded bathrooms, this turn-key home is ideal for professionals, small families, or downsizers. Enjoy resort-style living right at home with top-tier building amenities-including both an indoor and outdoor pool, squash court, and basketball court. Fabulous Ritz Towers, 24 Hr Gatehouse Sec. Close To Shopping, Sunny Bright Solarium. Show Very Well. Effortless access to transit, shopping, dining, and major highways. Move-in ready-schedule your tour today!
Estimate your monthly payments for this property
Estimated Payment
$3,283.53/mo
Includes CMHC insurance ($17,856)
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 Queen Street Corridor
Queen Street Corridor 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 Queen Street Corridor
- •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
Queen Street Corridor 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.
8 Lisa Street Unit 1506, 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 $640/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.
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. The $1254/month fees should cover building insurance, common elements, and reserve contributions.
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.
About Queen Street Corridor
I know Queen Street Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.