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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
MLS® W14136998For SaleCondominium

505-8 Lisa St

Queen Street Corridor, Brampton, Ontario L6T 4S6

Map
1 / 1
505-8 Lisa St, Brampton, photo 1
Asking$375,000
Bedrooms
2+1
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$341at the range’s middle
Tax a year
$2,5372025 tax year
Parking
11 underground
Days on market
Members

The brief

About 505-8 Lisa St

505-8 Lisa St is a 2+1-bedroom, 2-bathroom condo in Queen Street Corridor, Brampton, listed for sale at an asking price of $375,000 (MLS® W14136998).

Welcome to this beautiful, spacious 2+1 bedroom condo featuring two full washrooms.Beautifully kept, bright, and open-concept, this space is filled with natural light from large windows.You will enjoy the convenience of ensuite laundry. The well-managed building offers a full suite of resort-style amenities, including a party room.Ideally located near Major Highway 410, public transit, schools, places of worship, parks, and Brampton City Centre.An unbeatable location!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$369/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 homes with 3 bedrooms for lease in Queen Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,537 / 2025
MLS® number
W14136998
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: HOMELIFE SILVERCITY REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Queen Street Corridor
Municipality
Brampton

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
None
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
All ELF's, All window coverings, All exiting appliances, washer & Dryer.
Condo maint.
$1,247

Rooms

RoomSizeFeaturesLevel
Living3.25 × 6.02 mLaminate, Combined W/DiningMain
Dining4.0 × 3.04 mLaminate, Combined W/LivingMain
Kitchen3.28 × 3.11 mEat-In KitchenMain
Primary3.34 × 4.06 m3 Pc Ensuite, His/Hers ClosetsMain
2nd Br2.91 × 4.34 m—Main
Office2.86 × 2.35 mLarge WindowMain

Listing history

Buy/sell history for 505-8 Lisa St, Brampton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$375,000N/AFor SaleW14136998

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $75,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$75,000
Total mortgage amount
$300,000
Total interest payment
$213,300
Total purchase cost
$588,300
Mortgage payment
$1,711/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

37%

Monthly carrying cost

$3,169
−$369per month
  • Rent $2,800
  • Shortfall $369

Rental income opens at $2,800, the median asking rent of 7 comparable homes for lease in Queen Street Corridor. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,100
Total land transfer tax
$4,100
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$100
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $375,000
$1,875
Ontario total
$4,100

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in Queen Street Corridor right now

For sale now
55
Median asking price
$409K

Middle half: $377K to $484K

New in 7 days
3

17 in 28 days

Price cuts
22%

12 listings

This home is asking 8% below the median, lower than three quarters of them.

See all homes in Queen Street Corridor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Dixie / QueenBrampton Transit bus rapid transit: Züm Queen550 m
West / QueenBrampton Transit bus rapid transit: Züm Queen600 m
Laurelcrest / QueenBrampton Transit bus rapid transit: Züm Queen750 m
Bramalea TerminalBrampton Transit bus rapid transit: Züm Queen1.1 km
Bramalea GOGO Transit train: KitchenerBrampton Transit bus rapid transit: Züm Steeles3.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Clark Boulevard Public SchoolPeel DSBPublic · grades JK–6800 m51%Grade 3 average
ÉÉC Sainte-Jeanne-d'ArcConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–8850 m77%Grade 6 average
Hanover Public SchoolPeel DSBPublic · grades JK–61 km55%Grade 3 average
St John Fisher Separate SchoolDufferin-Peel CDSBCatholic · grades JK–81.2 km60%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Bramalea Secondary SchoolPeel DSBPublic · grades 9–12 · French Immersion1.6 km44%Grade 9 math
North Park Secondary SchoolPeel DSBPublic · grades 9–122.1 km68%Grade 9 math
Holy Name of Mary Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–122.7 km56%Grade 9 math
École secondaire Jeunes sans frontièresConseil scolaire ViamondeFrench-language public · grades 9–129.9 km69%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Queen Street Corridor are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record