402-5 Lisa Street, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13067220

$524,000
For Sale
Listed 77 days ago
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4Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

Welcome to this fabulous 1407SF three bedroom + solarium suite! Modern matching vinyl plank flooring throughout! The renovated kitchen features a breakfast nook, ceramic floors, and plenty of cupboards & counter space and elegant marble backsplash plus stainless steel appliances! The L-shaped living and dining room are huge! You won't find this size in newer buildings! The large south facing solarium is ideal as a work from home space or separate children's play area! Features three generous sized bedrooms! The primary bedroom is very large with crown mouldings and a deep walk-in closet plus a mostly renovated full ensuite with custom separate shower by Bath Fitter, new vanity, toilet, ceramic floors, and tub surround! The second bedroom has an open double closet (doors removed) and the third bedroom (formerly a den) has a double closet with mirrored doors and a walkout to the private 19 foot long balcony. The main full bathroom has a new vanity and toilet, and ceramic floors. The ensuite laundry closet fits full size, side-by-side washer and dryer! Also features a large practical ensuite storage room! Enjoy the quiet south view! The Regency is a wonderfully well maintained building offering 24 hour security & great amenities: squash/racquetball court, billiard room, library, outdoor pool, sauna, tennis and basketball courts! Prime location: steps from Bramalea City Centre and minutes from highways, public transit, schools, and shopping.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13067220
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1400-1599
Cross streets
NW of Dixie Road and Clark Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$957/mo
Exposure
South
Property tax
$2,882 / 2025
Days on market
77
Listing brokerage
CENTURY 21 ASSOCIATES INC.

Rooms

Bedroom 3Flat3.44 × 3.07 m

double closet · walk-out

BathroomFlat0.00 × 0.00 m

4 pc ensuite · renovated · separate shower

BathroomFlat0.00 × 0.00 m

4 pc bath · ceramic floor · updated

Living RoomFlat6.02 × 3.34 m

open concept · l-shaped room

Bedroom 2Flat3.64 × 3.00 m

Double Closet

KitchenFlat4.76 × 2.32 m

ceramic floor · breakfast area · renovated

Dining RoomFlat3.04 × 2.90 m

open concept · l-shaped room

LaundryFlat0.00 × 0.00 m
SolariumFlat3.04 × 2.77 m

South View

Primary BedroomFlat4.95 × 3.27 m

walk-in closet(s) · 4 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Below comparables
$577Kest. value

Listed at $524,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $532K, a close match.

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 $500K
  • Adjusts to $500K

That comparable adjusts to $500K; the $577K estimate above is the median of all 7 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
$524KGreat deal$736KOverpriced

Total price vs nearby homes. Fair value about $577K, median of 7 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
$496kavg asking

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

1404-5 Lisa Street$500k1604-18 Knightsbridge Road$500k604-5 Lisa Street$600k301-26 Hanover Road$480k109-5 Lisa Street$399k

The 5 closest of 7 active listings nearby.

See all comparable homes
524kThis home500k500k600k480k399kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $499K
$349this home / sqft
28active listings nearby
77days on market

This home lists 13% below the area average of $401/sqft.

55 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

83/ 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 155 m away

20+ transit stops6 grocery20+ dining20+ parks8 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
$2,388/mo
$120KIncome needed
4.4×Price ÷ income
$551Weekly 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.

67%mortgage
Mortgage $2,388Property tax $240Condo fee $957Total carry $3,585

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)
$2,237per month

Mortgage amount $419,200 · 4.14% over 25 years

$104,800Down payment (20.0%)
$419,200Loan before insurance
$0CMHC premium
$3,434Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,237
Property tax
$240
Condo / maintenance fees
$957
Heating
$0
Estimated monthly cost
$3,434

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

One-time closing costs

Ontario land transfer tax
$6,955
Estimated closing costs
$6,955

Plus your down payment of $104,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,717/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

$251,902Total interest paid
$671,102Total of all payments
Principal $419,200 Interest $251,902
YearPrincipalInterestBalance
1$9,820$17,024$409,380
2$10,231$16,613$399,148
3$10,659$16,185$388,489
4$11,105$15,739$377,384
5$11,569$15,275$365,815
6$12,053$14,791$353,761
7$12,558$14,286$341,204
8$13,083$13,761$328,121
9$13,630$13,214$314,491
10$14,200$12,644$300,291
11$14,794$12,050$285,496
12$15,413$11,431$270,083
13$16,058$10,786$254,026
14$16,729$10,115$237,296
15$17,429$9,415$219,867
16$18,158$8,686$201,709
17$18,918$7,926$182,791
18$19,709$7,135$163,082
19$20,533$6,311$142,549
20$21,392$5,452$121,156
21$22,287$4,557$98,869
22$23,219$3,625$75,650
23$24,191$2,653$51,459
24$25,202$1,642$26,257
25$26,257$587$0

At the end of your 5-year term

Total paid over the term
$134,220
Principal paid down
$53,385
Interest paid
$80,835
Balance remaining
$365,815

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$4,750/mo
$57,000Gross annual rent
6.8%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.

10.9%
Gross yield
− Property tax $2,882− Condo fees $11,479− Insurance $600− Vacancy & upkeep $6,270Net operating income $35,770

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ASSOCIATES INC.. MLS®/PropTx.

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