1901-8 Lisa Street, Brampton, ON

Queen Street Corridor, Brampton · MLS® W12755534

$488,888
For Sale
Listed 164 days ago
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3Bedrooms
2Bathrooms
1Parking
1000-1199Sq Ft

About this home

TOTALLY RENOVATE, VERY UPGRADED TWO BEDROOM, TWO FULL WASHROOMS HIGH RISE APARTMENT IN BRAMALEA LOCATION TOTALLYRENOVATED NEW MASTER ENSUITE. NEW BATHTUB, NEW VANITY AND QULITY TILE THROUGHOUT. 4 PC SECOND WASHROOM FULLYUPGRADED NEW BATHTUB, VANITY AND QUALITY FLOORING. BRAND NEW KITCHEN WITH STAINLESS APPLIANCES, INCLUDING (b/IDISHWASHER). NEW CUPBOARDS AND FLOORINGS IN LIIVNG AND DINING AREA. OVER 50K IN UPGRADES.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12755534
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Dixie & Queen
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$1,420/mo
Exposure
West
Property tax
$2,761 / 2026
Days on market
164
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

SolariumMain3.81 × 2.24 m
Living RoomMain6.62 × 3.32 m
Primary BedroomMain4.34 × 3.33 m
Bedroom 2Main4.52 × 2.77 m
KitchenMain4.06 × 2.77 m
Dining RoomMain3.51 × 3.38 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$435Kest. value

Listed at $488,888, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $499K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $478K
  • Adjusts to $478K

That comparable adjusts to $478K; the $435K estimate above is the median of all 18 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Clark Blvd at Lisa St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$400KGreat deal$489KOverpriced

Total price vs nearby homes. Fair value about $435K, median of 18 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$498kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1008-24 Hanover Road$478k905-26 Hanover Road$475k1906-8 Lisa Street$449k1408-24 Hanover Road$540k1106-26 Hanover Road$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
489kThis home478k475k449k540k549kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $480K
$445this home / sqft
63active listings nearby
164days on market

This home lists 6% above the area average of $419/sqft.

142 days longer than the Brampton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Queen Street Corridor, Brampton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

82/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Clark Blvd at Lisa St, about 187 m away

20+ transit stops6 grocery20+ dining20+ parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Downtown Brampton
$454K
Brampton South
$369K
Sandringham-Wellington
$569K
Fletcher's Creek South
$489K
Goreway Drive Corridor
$575K

Typical asking price of active listings of the same type, per area (outliers removed). Brampton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,228/mo
$123KIncome needed
4.0×Price ÷ income
$514Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

57%mortgage
Mortgage $2,228Property tax $230Condo fee $1,420Total carry $3,879

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,087per month

Mortgage amount $391,110 · 4.14% over 25 years

$97,778Down payment (20.0%)
$391,110Loan before insurance
$0CMHC premium
$3,737Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,087
Property tax
$230
Condo / maintenance fees
$1,420
Heating
$0
Estimated monthly cost
$3,737

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,253
Estimated closing costs
$6,253

Plus your down payment of $97,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,535/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$235,023Total interest paid
$626,133Total of all payments
Principal $391,110 Interest $235,023
YearPrincipalInterestBalance
1$9,162$15,883$381,948
2$9,546$15,500$372,402
3$9,945$15,100$362,458
4$10,361$14,684$352,097
5$10,794$14,251$341,302
6$11,246$13,800$330,057
7$11,716$13,329$318,340
8$12,206$12,839$306,134
9$12,717$12,329$293,417
10$13,249$11,797$280,169
11$13,803$11,242$266,366
12$14,380$10,665$251,986
13$14,982$10,064$237,004
14$15,608$9,437$221,395
15$16,261$8,784$205,134
16$16,941$8,104$188,193
17$17,650$7,395$170,543
18$18,388$6,657$152,154
19$19,158$5,888$132,997
20$19,959$5,086$113,038
21$20,794$4,252$92,244
22$21,663$3,382$70,581
23$22,570$2,476$48,011
24$23,514$1,532$24,497
25$24,497$548$0

At the end of your 5-year term

Total paid over the term
$125,227
Principal paid down
$49,808
Interest paid
$75,419
Balance remaining
$341,302

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
3.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.3%
Gross yield
− Property tax $2,761− Condo fees $17,043− Insurance $600− Vacancy & upkeep $4,488Net operating income $15,908

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.

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