Houses for Sale in Brampton, ON

The most popular neighbourhoods in Brampton are Sandringham, Fletcher's Meadow and Mount Pleasant Village. We assess how much interest there is for a neighbourhood by looking at various statistics. Indicators include the average time a property spends on market, the average sale price, plus the percentage of homes that have sold over asking.

The priciest neighbourhoods in Brampton are Vales of Humber, Claireville Conservation and Toronto Gore Rural Estate. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you can't afford a home in Brampton's most expensive neighbourhoods - check out other areas which offer better value, including Bramalea North Industrial, Brampton South and Westgate.

Every city has neighbourhoods where property values tend to be cheaper - and in Brampton they are Queen Street Corridor, Central Park and Northgate. Strata.ca determines this by looking at the average sold price for the past year. Many properties in Brampton's least expensive neighbourhoods are selling below the city's average of $1,242,339.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Brampton. This tax helps fund many local services, such as snow removal, fire protection, and much more. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. Some Brampton homebuyers believe this tax is based on the size of the house. But rather, the tax rate is multiplied by the home's current market value - which can fluctuate each year based on surrounding homes. For example, if the assessed market value of a house is $750,000 and the property tax rate is 0.5% - the homeowner would pay $3,750 to their municipality that year.

Strata.ca features all listings in Brampton, updated multiple times daily - you won't ever miss a property when using this platform. In addition to listing details, imagine having the ability to search historical data for every property in Brampton. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

Brampton has a walk score of 41, so it's more convenient to run errands with a car. And with a transit score of 51, this city offers a decent network of public transportation. For anyone with a bike, Brampton offers some cycling routes, with a bike score of 51.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Brampton. These fees are standard in real estate, but can still catch you off guard if you're unprepared. When searching for a house in Brampton, buyers will typically take into account 1.5% - 2% of their budgeted purchase price for closing costs. For instance, 2% in closing costs on a $500,000 house would be $10,000. Because these charges cannot be lumped into your mortgage, it's crucial to have this money upfront upon closing. In Canada, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. Finally, a Brampton real estate lawyer will be necessary to conduct a title search, arrange title insurance, plus register the home under your name. Although fees can vary, expect to set aside somewhere around $1,500 - $2,000 on closing to cover your legal costs.