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Price Change$499,900

407 - 8 Lisa Street

Queen Street Corridor, Brampton

$429,900

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Welcome to the famous Ritz Towers, one of the Brampton's top condo apartment complexes located on a multi acre lot. This complex offers many outstanding amenities, such as Indoor/Outdoor pools, Tennis courts, Racquetball and Squash courts. Snooker, Exercise and Cardio rooms. Complete with Party room and BBQ areas. Ample visitor parking. Gatehouse security. This beautiful apartment was completely updated with: Newer HVAC(2023), Newer Electrical Panel(2025) Updated Bathroom(2023). Newer laminate floor(2021) Newer kitchen(2019). and is ideally located with a South Eastern Exposure.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,420
LockerEnsuite
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,689
mls© NumberW13010134
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Heat Included
Water Included
Common Elements Included
Parking Included
Hydro Included
Building Insurance Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,200
Property tax
$224
Heat allowance
$150
Condo fees, half counted
$710
Housing costs
$3,285 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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