Loading...

Brampton Housing Market Snapshot



Based on firm 2018 YTD transactions
entered into the TorontoMLS system

2,410

Sales

98%

Average selling vs listing price

22

Average days on the market

Apartments For Rent



2018 YTD Average Median Sale Prices

$950

1 Bedroom Basement Apartment 

$1,250

2 Bedroom Basement Apartment 

$1,500

3 Bedroom Basement Apartment 

$1,600

1 Bedroom Condo Apartment 

$1,800

2 Bedroom Condo Apartment 

$2,000

3 Bedroom Condo Apartment 

Condos For Sale



2018 YTD Average Median Sale Prices


$259,000

Bachelor Condo

$330,000

1 Bedroom Condo 

$334,000

1 Bedroom + Den Condo

$349,000

2 Bedroom Condo

$390,000

2 Bedroom + Den Condo

$372,500

3 Bedroom Condo

Houses For Rent



2018 YTD Average Median Sale Prices

$1,900

Att/Row/Townhouse

$1,925

Semi-Detached

$2,250

Detached

Houses For Sale



2018 YTD Average Median Sale Prices


$605,000

Att/Row/Townhouse

$624,000

Semi-Detached

$751,000

Detached

We ranked Brampton's 36 neighbourhoods based on 2018 YTD firm reported transactions & complied lists of the top 5 cheapest, most expensive, fastest & slowest selling neighbourhoods.

Cheapest Neighbourhoods


1. Queen Street Corridor - $340,000

2. Goreway Drive Corridor - $401,000

3. Brampton 407 Corridor - $414,450

4. Bramalea West Industrial - $460,000

5. Southgate - $492,000

Fastest Selling Neighbourhoods



1. Fletcher's West - 8 DOM

2. Gore Industrial North - 8 DOM

3. Brampton 407 Corridor - 8 DOM

4. Heart Lake East - 11 DOM

5. Vales of Castlemore - 11 DOM

Most Expensive Neighbourhoods


1. Toronto Gore Rural Estate - $1,293,000

2. Vales of Castlemore - $995,000

3. Vales of Castlemore North - $886,000

4. Credit Valley - $833,000

5. Bram East - $787,500

Slowest Selling Neighbourhoods




1. Highway 427 - 367 DOM

2. Goreway Drive Corridor - 40 DOM

3. Huttonville - 34 DOM

4. Vales of Castlemore North - 24 DOM

5. Bram West - 20 DOM


Find out if Brampton's housing market is more competitively priced than other GTA cities

Crime in Peel Region



Statistics Canada 2016 Crime Severity Index

43

Crime Severity Index
Canada Average CSI: 70.96
Rank: 170/229

51

Violent Crime Severity Index
Canada Average CSI: 75.25
Rank: 130/229

Education



50%

of Brampton's population 
​have no postsecondary education

Child & Daycare Centres



Godaycare.com is a daycare listing site that offers daycare and dayhome listings across Canada

PLASP Early Learning and Child Care Centres has 80 locations in Brampton

Elementary & Secondary Schools


The Peel District School Board has 105 elementary & 15 secondary schools in Brampton


The Dufferin-Peel Catholic District School Board has 48 elementary & 9 secondary schools in Brampton

Post Secondary Institutions



  • Sheridan College is Brampton's only public higher education institution at this time.
  • The closest universities to Brampton include York University & University of Toronto Mississauga.

Employment & Income



$87,290

Total Median Household Income
Source: 2016 Cenus

Brampton's Leading private sector employers include: Air Canada, Amazon, Armacell, Canadian Tire, Canon Canada, City of Brampton, CN Rail, Coca‐Cola, Dynacare, Gamma‐Dyna Medical Labs, HBC, MDA, Paramount Fine Foods, & Sheridan College.


Year Round



  • Brampton has a wide range of pubs, bars, & lounges but overall nightlife in Brampton is pretty mediocre. 
  • Rock to a concert, enjoy the circus, catch a game of lacrosse, kabaddi, cricket, ice hockey at the Powerade Centre.
  • Watch live comedy, music, theatre, & dance at Rose Theatre. 
  • If you're in a clubing mood go to Mississauga or Toronto.

Seasonal


  • Bring your own lawn chair and/or blanket & watch free Family-friendly films on Saturday nights & throwback flicks on Tuesday nights outdoor in Garden Square.

  • Pack your bathing suit & head on over to Wet’N’Wild waterpark opening June 29 with the final day being September 3, 2018 which undergone a $30 million renovation with a bunch of new rides, a revamped wave pool and lazy river, zip lining, cabanas, and more. 

Even though lower car insurance, lower property taxes, weekend GO service, year round farmer’s market, a big food & music festival, more condo developments, public art, outdoor patios, & entertainment establishments is much needed & long overdue here is a list of future improvements:


2018



  • RollerPlex Entertainment
  • Gore Meadows Covered Outdoor Skating Rink

RollerPlex Entertainment
Gore Meadows Covered Outdoor Skating Rink


2019

Downtown Brampton Streetscaping

Playdium Brampton


2022

Hurontario LRT

Ryerson University & Sheridan College Postsecondary Institution

2024

Two-way all day GO service into Union Station

2025

Riverwalk Brampton

2019



  • Downtown Brampton Streetscaping
  • Playdium Brampton

2022



  • Hurontario LRT
  • Ryerson University & Sheridan College Postsecondary Institution

2024


  • Two-way all day GO service into Union Station

2025



  • Riverwalk Brampton

N/A

Bike Score

48.3

Transit Score

48.1


Walk Score

Highways



Brampton is served by two 400-series highways:

  • Highway 410 which runs north-south through the middle of the city
  • Highway 407 (Toll) runs along the southern portion of the city, just north of the boundary with Mississauga
  • Three additional 400 series Highways 401, 403, & 427 interchange with Highways 410 & 407 just beyond Brampton's boundaries which link Brampton to the city of Toronto & surrounding municipalities

Location & proximity to nearby cities


  • Highway 50 to the east
  • Winston Churchill Boulevard to the west
  • Mayfield Road to the north
  • Hydro corridor to the south except at Finch Avenue which serves as the border between the two cities

Mississauga

20 Min

Georgetown

23 Min

Etobicoke

23 Min

Milton

26 Min

Oakville

33 Min

Vaughan

33 Min

Bolton

33 Min

Orangeville

36 Min

Downtown Toronto

45 Min

Public Transportation - Bus


Brampton Transit the fastest-growing transit system in Canada & makes getting around Brampton without a car easy with:

  • 68 Routes
  • 2,480 Stops
  • 419 Buses
  • 4 Bus Terminals
  • Connections to other transit systems such as:
    • GO Transit
    • MiWay (Mississauga)
    • Toronto Transit Commission (TTC)
    • York Region Transit

Public Transportation - Rail


Toronto's Union Station is a fairly quick train ride for GO Transit commuters & Via Rail passengers from three railway stations: 

Bramalea GO

26-39 Min

Brampton GO

36-48 Min

Mount Pleasant GO

43-55 Min

  • Brampton Civic Hospital has one of the busiest emergency departments in Canada
  • The newly built Peel Memorial Hospital is one of Brampton's two of remarkable health care facilities & is set to turn into a full hospital in the coming years, though major details have yet to be revealed
  • Brampton is one of North America’s most attractive locations for new immigrants
  • 433,230 of Brampton's population is non-caucasian
  • The top 3 visible minority populations in Brampton are: Black, Filipino, & South Asian
  • In addition to English, Punjabi, Gujurati, Portuguese, & Urdu are the top five most spoken languages
  • Brampton's population in 2016 was 593,638
  • Each year the population grows by 14,000
  • By 2041 the population is forecasted to be 900,000
  • Brampton is the 9th largest municipality in Canada & 4th largest in Ontario
  • Brampton is the second fastest growing city behind Edmonton
  • 80% of Brampton's population own real estate & 20% rent
  • 3.5 Average Household Size
  • 36 Average age

Property Tax


1.067852%



2017 Total Tax Rate
For Residential & Farm tax class (RT)

How your tax dollars are divided up




  • Province of Ontario (for school boards) - 16 cents
  • Region of Peel – 38 cents
  • City of Brampton – 46 cents


Services the City of Brampton's 46 cents went towards in 2017


  • Capital Infrastructure Funding - 6.2 cents
  • Contribution to reserves - 0.8 cents
  • Enforcement - 1.1 cents
  • Fire & Emergency Services - 8.4 cents
  • Hospital Levy - 1.0 cents
  • Infrastructure Planning - 0.9 cents
  • Library - 2.1 cents
  • Parks & Pathways - 3.6 cents
  • Public Works - 8.1 cents
  • Recreation & Culture - 5.2 cents
  • Transit - 8.6 cents

 

Understanding your tax bill


  • Property taxes are levied twice a year by an Interim and Final Notice
  • The Interim billing reflects taxes due for the first six months of the year billed in three instalment due dates
  • The Final billing reflects taxes due for the last six months of the year, also in three instalment due dates
  • The tax rate is expressed as a percentage of the assessed value
  • Different tax rates are set for different classes of property (i.e., Residential, Multi-Residential, Commercial, and Industrial)

 

Example of how to calculate your taxes


Assessment Value* X Total Tax Rate = Estimated Taxes

*If assessed value has not been assigned, the purchase price can be used to estimate taxes

How does Brampton compare to other municipalities residential property tax rates?

© 2018 Problemsolver.ca. All rights reserved. Information is deemed reliable but is not guaranteed accurate by Toronto Real Estate Board or nor Right At Home Realty.