1802-8 Lisa Street, Brampton, ON

Queen Street Corridor, Brampton · MLS® W12937502

$395,000
For Sale
Listed 109 days ago
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2Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Welcome to Unit 1802 at 8 Lisa Street - a beautifully renovated corner unit, move-in ready 2-bedroom, 2-bathroom condo with stunning open views. This spacious unit is fully renovated, features wide windows that flood the space with natural light and offers a large bedroom comfortable enough to fit a king-size bed plus additional furniture. Enjoy the convenience of in-suite laundry, a 4-piece bathroom, and included appliances. Two parking spots included for your ease. Located just minutes from Bramalea City Centre, public schools and highway, this home combines comfort with unbeatable access to shopping, dining, and commuting. Building amenities elevate your lifestyle with an indoor and outdoor pool, sauna, gym, party room, ping pong and billiards, and more. Don't miss this opportunity to live in a vibrant community with everything you need right at your fingertips!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12937502
Bedrooms
2
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Queen St & Dixie Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,355/mo
Exposure
East
Property tax
$2,798 / 2025
Days on market
109
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

SolariumMain3.75 × 2.33 m

combined w/kitchen · pot lights

KitchenMain4.11 × 2.78 m

eat-in kitchen · marble counter · breakfast bar

Primary BedroomMain4.60 × 3.35 m

2 pc ensuite · renovated · pot lights

Living RoomMain5.00 × 3.31 m

combined w/living · pot lights · renovated

Dining RoomMain3.62 × 3.18 m

combined w/family · breakfast bar · marble counter

Bedroom 2Main4.14 × 2.75 m

pot lights · renovated

Moe’s TakeTeam Asgarian · Broker
Below comparables
$528Kest. value

Listed at $395,000, this home is about 25% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $456K, a bit lower.

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 $539K
  • Adjusts to $539K

That comparable adjusts to $539K; the $528K estimate above is the median of all 6 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
$395KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $528K, median of 6 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$529kavg asking

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

2107-22 Hanover Road$505k1201-22 Hanover Road$500k1907-22 Hanover Road$539k907-24 Hanover Road$540k510-22 Hanover Road$560k

The 5 closest of 6 active listings nearby.

See all comparable homes
395kThis home505k500k539k540k560kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $479K
$304this home / sqft
53active listings nearby
109days on market

This home lists 27% below the area average of $418/sqft.

87 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
$1,800/mo
$105KIncome needed
3.7×Price ÷ income
$415Weekly 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.

53%mortgage
Mortgage $1,800Property tax $233Condo fee $1,355Total carry $3,388

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)
$1,686per month

Mortgage amount $316,000 · 4.14% over 25 years

$79,000Down payment (20.0%)
$316,000Loan before insurance
$0CMHC premium
$3,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,686
Property tax
$233
Condo / maintenance fees
$1,355
Heating
$0
Estimated monthly cost
$3,274

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

One-time closing costs

Ontario land transfer tax
$4,400
Estimated closing costs
$4,400

Plus your down payment of $79,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,048/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

$189,888Total interest paid
$505,888Total of all payments
Principal $316,000 Interest $189,888
YearPrincipalInterestBalance
1$7,403$12,833$308,597
2$7,712$12,523$300,885
3$8,035$12,200$292,850
4$8,371$11,864$284,479
5$8,721$11,514$275,757
6$9,086$11,149$266,671
7$9,466$10,769$257,205
8$9,862$10,373$247,343
9$10,275$9,961$237,068
10$10,704$9,531$226,364
11$11,152$9,083$215,212
12$11,619$8,617$203,593
13$12,105$8,131$191,489
14$12,611$7,625$178,878
15$13,138$7,097$165,739
16$13,688$6,548$152,051
17$14,261$5,975$137,791
18$14,857$5,379$122,934
19$15,478$4,757$107,455
20$16,126$4,110$91,330
21$16,800$3,435$74,529
22$17,503$2,732$57,026
23$18,235$2,000$38,791
24$18,998$1,237$19,793
25$19,793$443$0

At the end of your 5-year term

Total paid over the term
$101,178
Principal paid down
$40,243
Interest paid
$60,935
Balance remaining
$275,757

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$4,100/mo
$49,200Gross annual rent
6.1%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.

12.5%
Gross yield
− Property tax $2,798− Condo fees $16,259− Insurance $600− Vacancy & upkeep $5,412Net operating income $24,131

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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