307-8 Lisa Street, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13465464

$399,167
For Sale
Listed 29 days ago
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3Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Wow CORNER SUITE * PRIME DIXIE & QUEEN LOCATION * ALL INCLUSIVE * Spacious 2+1 Bedroom, 2 Washroom Unit Offering Approx 1,249 SQ FT Of Functional Living Space with * TWO PARKING * * This Absolutely Stunning Corner Suite In The Highly Sought-After Ritz Towers, Offering Spacious, Sun-Filled Living In The Heart Of Brampton. This Beautifully Updated Condominium Boasts A Bright Open-Concept Layout With Large Windows Throughout, Allowing An Abundance Of Natural Light And Showcasing Tranquil South-West Views Overlooking A Forested Setting. The Inviting Living And Dining Areas Flow Seamlessly, Creating The Perfect Space For Both Everyday Living And Entertaining. The Kitchen Overlooks The Spacious Solarium, An Ideal Space For A Home Office, Reading Lounge, Or Additional Sitting Area. The Generous Primary Bedroom Offers A Walk-In Closet And A Private 3-Piece Ensuite, While The Second Bedroom Provides Excellent Space For Family Or Guests. Brand-New Flooring Throughout Enhances The Home's Modern Appeal. Additional Features Include Ensuite Laundry, Independent Storage, Two Underground Parking Spaces, And A Locker. Residents Enjoy An Exceptional Lifestyle With Resort-Style Amenities Including Indoor And Outdoor Swimming Pools, A Sauna, Fitness Centre, Party Room, Billiards, Table Tennis, And More. Conveniently Located Near Bramalea City Centre, Major Highways, Public Transit, Shopping, Restaurants, And Everyday Conveniences, This Well-Maintained Community Offers The Perfect Blend Of Comfort, Convenience, And Value. A Rare Opportunity To Own A Spacious, Move-In-Ready Corner Suite With Premium Amenities In One Of Brampton's Most Desirable Condominium Communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13465464
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Queen St. & Dixie Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,453/mo
Exposure
South West
Property tax
$2,749 / 2025
Days on market
29
Listing brokerage
ROYAL LEPAGE FLOWER CITY REALTY

Rooms

Dining RoomMain3.50 × 3.30 m

vinyl floor · window

Primary BedroomMain4.32 × 3.36 m

vinyl floor · his and hers closets · 3 pc ensuite

Living RoomMain6.04 × 3.30 m

vinyl floor · open concept · window

Bedroom 2Main4.50 × 2.80 m

vinyl floor · closet · window

KitchenMain2.30 × 3.40 m

breakfast area · vinyl floor

SolariumMain3.50 × 2.20 m

vinyl floor · window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$479Kest. value

Listed at $399,167, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $496K, 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 $445K
  • Adjusts to $445K

That comparable adjusts to $445K; the $479K estimate above is the median of all 9 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
$399KGreat deal$499KOverpriced

Total price vs nearby homes. Fair value about $479K, median of 9 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$454kavg asking

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

1411-4 Lisa Street$400k1109-3 Lisa Street$445k912-18 Knightsbridge Road$450k308-3 Lisa Street$479k2108-8 Lisa Street$496k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home400k445k450k479k496kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $491K
$307this home / sqft
60active listings nearby
29days on market

This home lists 26% below the area average of $415/sqft.

7 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
$1,819/mo
$108KIncome needed
3.7×Price ÷ income
$420Weekly 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.

52%mortgage
Mortgage $1,819Property tax $229Condo fee $1,453Total carry $3,502

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)
$1,704per month

Mortgage amount $319,334 · 4.14% over 25 years

$79,833Down payment (20.0%)
$319,334Loan before insurance
$0CMHC premium
$3,386Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,704
Property tax
$229
Condo / maintenance fees
$1,453
Heating
$0
Estimated monthly cost
$3,386

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

One-time closing costs

Ontario land transfer tax
$4,463
Estimated closing costs
$4,463

Plus your down payment of $79,833. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,070/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

$191,891Total interest paid
$511,225Total of all payments
Principal $319,334 Interest $191,891
YearPrincipalInterestBalance
1$7,481$12,968$311,853
2$7,794$12,655$304,059
3$8,120$12,329$295,939
4$8,459$11,990$287,480
5$8,813$11,636$278,666
6$9,182$11,267$269,484
7$9,566$10,883$259,918
8$9,966$10,483$249,952
9$10,383$10,066$239,569
10$10,817$9,632$228,752
11$11,270$9,179$217,482
12$11,741$8,708$205,741
13$12,232$8,217$193,509
14$12,744$7,705$180,765
15$13,277$7,172$167,488
16$13,832$6,617$153,655
17$14,411$6,038$139,245
18$15,014$5,435$124,231
19$15,642$4,807$108,589
20$16,296$4,153$92,293
21$16,978$3,471$75,315
22$17,688$2,761$57,628
23$18,428$2,021$39,200
24$19,198$1,251$20,001
25$20,001$447$0

At the end of your 5-year term

Total paid over the term
$102,245
Principal paid down
$40,667
Interest paid
$61,578
Balance remaining
$278,666

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
5.8%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.

12.3%
Gross yield
− Property tax $2,749− Condo fees $17,439− Insurance $600− Vacancy & upkeep $5,412Net operating income $23,000

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE FLOWER CITY REALTY. MLS®/PropTx.

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