109-5 Lisa Street, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13517786

$399,000
For Sale
Listed 14 days ago
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4Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Wow CORNER SUITE * PRIME Location across Bramalea City Centre*. One of the largest units 1373 sq ft 3+1 Bedroom, 2 Full Bathrooms. Bright OPEN CONCEPT Layout Bringing In TONS OF NATURAL LIGHT Throughout * A CLEAN CONTEMPORARY FEEL Perfect For Families Or First Time Buyers * Spacious Kitchen * Separate Dining Area Leading To A Spacious Living Room Opening Into A Bright Solarium * Large Principal Room with its own 5 pc Bathroom a Soaker Bathtub and Separate Shower, Generous Sized Bedrooms , 2nd Full Bathroom with Bathtub, Plus Additional Den/Solarium Ideal* Ensuite Laundry & Large Storage Room * VERY WELL MAINTAINED BUILDING With Outstanding Amenities Including OUTDOOR POOL, TENNIS COURT, BASKETBALL COURT, GYM, PARTY ROOM, SAUNA, LIBRARY, PLAYGROUND, BILLIARDS ROOM, BICYCLE STORAGE & 24 HOUR SECURITY * Incredible Opportunity To Own A Spacious MOVE IN READY UNIT In One Of Brampton's Most Convenient Locations * Steps To BRAMALEA CITY CENTRE, TRANSIT, SCHOOLS, PARKS, SHOPPING & HIGHWAY 410 * Perfect For FAMILIES, INVESTORS OR DOWNSIZERS * Shows Beautifully * MUST SEE UNIT *

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13517786
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Queen St/Dixie Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$961/mo
Exposure
South East
Property tax
$2,958 / 2025
Days on market
14
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Flat0.00 × 0.00 m
LaundryFlat0.00 × 0.00 m
KitchenFlat0.00 × 0.00 m
BathroomFlat0.00 × 0.00 m

4 Pc Bath

Primary BedroomFlat0.00 × 0.00 m
Bedroom 2Flat0.00 × 0.00 m
SolariumFlat0.00 × 0.00 m
Living RoomFlat0.00 × 0.00 m
BathroomFlat0.00 × 0.00 m

4 Pc Bath

Dining RoomFlat0.00 × 0.00 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$500Kest. value

Listed at $399,000, this home is about 20% 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 $546K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $500K 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
$399KGreat deal$659KOverpriced

Total price vs nearby homes. Fair value about $500K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$521kavg asking

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

301-26 Hanover Road$480k1604-18 Knightsbridge Road$500k1404-5 Lisa Street$500k402-5 Lisa Street$524k604-5 Lisa Street$600k

The 5 closest of 7 active listings nearby.

See all comparable homes
399kThis home480k500k500k524k600kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $500K
$307this home / sqft
28active listings nearby
14days on market

This home lists 24% below the area average of $403/sqft.

8 days faster 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 161 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
$1,819/mo
$99KIncome needed
4.0×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.

60%mortgage
Mortgage $1,819Property tax $247Condo fee $961Total carry $3,026

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)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,911Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$247
Condo / maintenance fees
$961
Heating
$0
Estimated monthly cost
$2,911

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

One-time closing costs

Ontario land transfer tax
$4,460
Estimated closing costs
$4,460

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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
7.2%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 $2,958− Condo fees $11,530− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,700

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

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