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    Brampton / Queen Street Corridor

    504 - 8 Lisa St

    For SaleRitz Towers Condos
    4.0
    $399,000
    1 Bed
    2 Bath
    1 Parking
    1,100 SQFT
    17 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,078/mth
    Taxes:
    $2,258 (2024)
    Cost Per Sqft:
    $363/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North East
    Possession Date:
    TBD 30/60/90
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Wainscoting
    12.01 x 10.11ft
    Dining
    Laminate, Combined with Living, Crown Moulding
    28.91 x 10.11ft
    Kitchen
    Laminate, Backsplash, Built-in Dishwasher
    13.39 x 9.09ft

    About this Listing

    Discover this spacious 1+1 bedroom, 2-bathroom condo in the heart of Brampton. Offering 1100 sqft of bright, spacious living. This large open concept unit is inviting & perfect for gatherings. Its primary bedroom features ample closet space and a luxurious 4-piece ensuite, providing a private retreat. The updated kitchen showcases modern white cabinetry, sleek stainless steel fridge & stove,upgraded lighting & a cozy breakfast nook. The versatile, sun-filled den offers endless possibilities, for a home office, guest room or meditation area. The walk-in pantry provides excellent storage options, adding to the unit's abundant convenience. Situated in a well-maintained,active building with ample amenities: 24Hr Security, gym, party room, tennis,pools(indoor/outdoor),sauna, snooker, BBQ area etc. Close to Bramalea City Centre, transit, dining,this condo offers the perfect blend of style, comfort, and practicality, ideal for anyone looking to enjoy the best of Brampton living.

    royal lepage signature realtyMLS® #W9513427

    Amenities

    Squash Court
    Security System
    Tennis Court
    BBQs Allowed
    Party Room
    Rec Room

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    8,702
    Average Individual Income
    $66,077
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $122,691
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    27%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    18%
    Duplex
    11%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    10%
    Other
    8%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Cantonese
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Math & Computer Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Ritz Towers Condos vs The Queen Street Corridor Area

    Building Trends At Ritz Towers Condos

    Days on Strata

    Units at Ritz Towers Condos spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen Street Corridor

    Turnover of Units

    On average, each unit is owned for
    10
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 23 condos in the Queen Street Corridor area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Ritz Towers Condos offers the
    ?
    best value out of 23 condos in the Queen Street Corridor neighbourhood

    Appreciation Rank

    Ritz Towers Condos has the
    ?
    highest ROI out of 23 condos in the Queen Street Corridor neighbourhood

    Rental Yield

    Ritz Towers Condos yields the
    ?
    highest rent prices out of 23 condos in the Queen Street Corridor neighbourhood

    High Demand

    Ritz Towers Condos is the
    ?
    most popular building out of 23 condos in the Queen Street Corridor neighbourhood

    Transaction Insights at 8 Lisa Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$418,000No Data$480,000 - $488,000$490,000 - $530,000
    Avg. Cost Per Sqft$398No Data$428$456
    Avg. Wait for Unit Availability357 Days185 Days55 Days34 Days
    Ratio of Units in Building6%6%46%44%

    Transactions vs Inventory

    Total number of units listed and sold in Queen Street Corridor