$395,000 - 8 Lisa Street Unit 306, Brampton
Condo for Sale in Brampton
Neighbourhood: Queen Street Corridor
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- MLS Number
- W13756290
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Brampton
- Taxes (2025)
- $2,449
- Maintenance Fees
- $1,285/mo
- Locker
- None
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Beautiful and spacious 2-bedroom suite in the highly sought-after Ritz Towers. This bright, sun-filled unit features a desirable open-concept layout with a stylish modern kitchen, stainless steel appliances, and convenient in-suite laundry. Spacious living and dining areas flow seamlessly together, while generously sized bedrooms and pride of ownership make this home truly move-in ready. Located in one of Brampton's most desirable gated communities, surrounded by beautifully maintained grounds, gardens and conservation land. Enjoy exceptional resort-style amenities including indoor and outdoor pools, gym, squash and racquet courts, tennis, games and party rooms, billiards, guest parking, and 24-hour gated security. Conveniently located near shopping, transit, highways, parks, schools, and everyday amenities. A wonderful opportunity to enjoy resort-style living with city conveniences at your doorstep. Shows exceptionally well-must see!
Estimate your monthly payments for this property
Estimated Payment
$2,026.55/mo
Includes CMHC insurance ($11,021)
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 306, 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 $395/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 29 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. The $1285/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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.