As promised, here are the final selling prices for homes in the W24 district of Brampton (anywhere East of Highway 410) for 2009.
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From the category archives:
condos
I’ve just finished compiling the final selling prices for all homes in the W23 district of Brampton (that’s anywhere West of Highway 410) for 2009. I’ll be working on the numbers for W24 and have them posted shortly.
Hope this chart will provide useful for some of you!
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Hi everyone!
Here’s a quick start guide to one of the new condos that are coming up in Brampton. Park Place is currently under construction. Read ahead to find out more details on this condo project!
Where is it located?
The official address of this building will be 4 James St., and it will be located in the heart of Brampton close to City Hall and Rose Theatre.
Who’s the builder?
How tall will it be?
27 storeys with a beautiful 2 storey lobby.
What kind of suites will they have available?
- One bedroom + terrace
- One bedroom + den + terrace
- Two bedroom + terrace
- Two bedroom + den + terrace
What are square footages on these units?
The one bedroom units range anywhere between 612 – 743 square feet. The two bedroom units range anywhere between 887 – 1764 square feet.
What amenities will the building feature?
- Security
- Library
- Yoga Studio
- Fitness Room
- Home Theatre
- Party Room
- Dining Room
- Billiards Room
- Boardroom
- Cards Room
- BBQ Patio
- Guest Suite
Are there prices or floor plans available?
Please contact me and I’ll be happy to provide them for you.
Can I see what the building looks like?
You can access a live webcam that shows the construction of the building.
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One of the most frequent questions I get from clients is about the upcoming Harmonized Sales Tax (HST) and how it will affect the purchase of a home. Here is the breakdown of the rules:
When does the HST take effect?
July 1, 2010.
How much tax will I be paying in total?
13% (That’s 5% GST + 8% PST).
I’m buying a resale home, so will I have to pay this HST?
Good news! The answer is NO! If you’re buying a resale home, you simply pay the purchase price as usual.
I’m thinking of buying a new home from the builder, so will I have to pay this HST?
Ouch, yes you do!
But wait, I heard there is some sort of rebate program in place if I bought a brand new home?
The Province is proposing a rebate so that new homes across all price ranges would receive a 75 per cent rebate of the provincial portion of the single sales tax on the first $400,000. For new homes under $400,000, this would mean, on average, no additional tax amount compared to the current system.
Is there anything else that I would have to pay HST on?
Unfortunately, they’re hitting you everywhere. You’ll be paying HST on legal fees, moving costs, home inspection fees, and real estate commissions.
Where can I find out the full details of this tax and how it works?
You can read all the exciting details right here.
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December 2009
December sales across the GTA showed a 17% increase over the same month of 2008. Overall in 2009, home prices increased by 4%.
The average time it took to sell a home continued to stay brisk at an average of 27 days, contributing the trend of low inventory of homes in Brampton.
In December of 2009, Brampton had only 849 active listings on the market, 517 of which were new listings. There were 502 recorded sales in this month. Here is the break down according to areas in Brampton.
W23 (Any area in Brampton west of Highway 410)
Overall
Average sale price: $330,180
Median sale price: $315,250
Average number of days it took to sell a property: 26 days
Average % of listing price a property sold for: 98% of asking price
Detached Homes
Number of properties sold: 180
Average sale price: $374,110
Median sale price: $359,500
Average % of listing price a property sold for: 98% of asking price
Semi-Detached Homes
Number of properties sold: 60
Average sale price: $283,292
Median sale price: $285,450
Average % of listing price a property sold for: 99% of asking price
Condo Apartment
Number of properties sold: 5
Average sale price: $200,300
Median sale price: $205,000
Average % of listing price a property sold for: 97% of asking price
Condo Townhouse
Number of properties sold: 22
Average sale price: $209,345
Median sale price: $203,500
Average % of listing price a property sold for: 98% of asking price
Attached/Row/Townhouse
Number of properties sold: 32
Average sale price: $275,361
Median sale price: $266,000
Average % of listing price a property sold for: 98% of asking price
W24 (Any area in Brampton east of Highway 410)
Overall
Average sale price: $341,958
Median sale price: $333,000
Average number of days it took to sell a property: 27 days
Average % of listing price a property sold for: 97% of asking price
Detached Homes
Number of properties sold: 103
Average sale price: $434,451
Median sale price: $428,000
Average % of listing price a property sold for: 98% of asking price
Semi-Detached Homes
Number of properties sold: 32
Average sale price: $306,153
Median sale price: $301,750
Average % of listing price a property sold for: 98% of asking price
Condo Apartment
Number of properties sold: 27
Average sale price: $165,541
Median sale price: $156,600
Average % of listing price a property sold for: 96% of asking price
Condo Townhouse
Number of properties sold: 18
Average sale price: $187,3725
Median sale price: $182,500
Average % of listing price a property sold for: 96% of asking price
Attached/Row/Townhouse
Number of properties sold: 18
Average sale price: $294,967
Median sale price: $293,250
Average % of listing price a property sold for: 98% of asking price
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Seasons greetings, everyone!
As the holiday season is now upon us, despite the fact that we’ve still yet to see snow, you might be dreading all the cash you’ll soon be dropping on gifts for your friends and family. And if you’re planning on selling your house this winter, what makes matters worse is thinking about all the real estate commissions you’ll be paying.
So for a limited time, I’ll be taking all listings at 1% commission for the listing side. As usual, you’ll still have to pay 2.5% to the buyers side. However, if I sell the house myself to my own clients or from this blog, you’ll be paying only 1% in total.
Although you’ll be paying substantially less real estate commissions, you’ll still be getting full MLS service. Here’s what you’ll be getting for 1% commission:
- Full MLS service, meaning your home gets listed on Realtor.ca (formerly MLS.ca)
- Exposure of your home on the 1st page of Google
- A full article written about your home that will be featured here on the Brampton Real Estate Blog
- Stunning photography of your home that beats over 95% of the typical horrible pictures you see on other listings
- Advertising on several newspapers, websites (including Kijiji, Craigslist, and eShazoom), inter-office postings, and mailings
- An easy-exit promise, which means if at anytime you’re unhappy and wish to cancel, it’s no questions asked and absolutely no cost or fees
Give me a call at 905-268-1000 and ask for Lang, and I’ll be glad to help you sell your home quickly and for the highest possible price.
All the best,
Lang
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Hi Lang, I just read your home prices for 2009, very interesting. I will be on the hunt for a detached 4 bedroom approx. 2400 sq ft home in the Springdale area in another year or so, what are the current market value for these homes, possibly with a finished basement, do you think the prices will go up within the next year, is this a good area to invest in the future ?.