Condos in Brampton

In 2007, 855 condos were sold in Brampton. Up until December 3rd 2008, 423 condos have been sold. The prices have ranged from $110,000 all the way to $369,000. The lowest priced condo, however, in this area of Brampton was sold for only $100,000! The most expensive building on average has been 1 Belvedere court (Queen St / Main St). The least expensive condos are located around Bramalea City Centre.

The condos around the Bramalea City Centre are generally around $140’000′s to $160’000 for a 2 bedroom unit that is over 1000 sqft. This is great location as it is close to the Brampton’s biggest mall, the library, grocery stores, bus stations, GO station, and highways. There are also rental buildings in that neighbourhood.

Another very affordable neighbourhood is the one by the Shopper’s World. The 2nd mall of Brampton, located by Hurontario and Steeles Ave, is surrounded by condos and rental buildings. This year, so far, 127 condos have been sold in that area. The lowest priced unit went for $130,000 in a condo located by Mclauglin and Steeles Ave. It was a 1 bedroom plus den with a maintenance fees of $375/month. This building is generally for the retired community.

Price Breakdown:
Number of condos sold up until December 3rd, 2008 in each price category:

$75,000 to $100,000 = 1
$100,000 to $125,000 = 29
$125,000 to $150,000 = 128
$150,000 to $175,000 = 79
$175,000 to $200,000 = 83
$200,000 to $225,000 = 72
$225,000 to $250,000 = 46
$250,000 to $275,000 = 6
$275,000 to $300,000 = 0
$300,000 to $325,000 = 3
$325,000 to $350,000 = 0
$350,000 to $400,000 = 1
$400,000 to $600,000 = 0

These stats are for Brampton condos only. If you are interested in staying up to date in the Brampton or Georgetown market drop me an email.