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407 - 8 Lisa Street
Queen Street Corridor, Brampton
$429,900
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $1,420 |
| Locker | Ensuite |
| Balcony | None |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,689 |
| mls© Number | W13010134 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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