A Major Condo Development is Moving Forward Near Mount Pleasant in Brampton

Brampton | Ontario | Latest News |

Published October 4, 2019 at 4:29 pm

As a housing affordability crisis emerges, many can agree that Brampton needs a lot more housing developments.

As a housing affordability crisis emerges, many can agree that Brampton needs a lot more housing developments.

In Brampton, the average detached home costs $836,385. Semi-detached homes are more affordable, coming in at $664,970 on average. Condo townhouses typically cost $488,711, while condo apartments cost $397,240. A row/townhouse costs about $625,679, which isn’t that much less than a semi. While the average rent for a one-bedroom apartment costs about $1,728.

However, a new condo development is coming to the area of Mount Pleasant, and though the prices have yet to be determined, more options result in lower prices.

Mattamy Homes is constructing UNION Mount Pleasant Condos at Lagerfeld Drive in Brampton. The development is currently in the preconstruction phase.

The urban-inspired condo development boasts one-bedroom, two-bedroom and three-bedroom units each with about 2 bathrooms. With units ranging from 500 square feet to 1,080 square feet, they are all $5,000 with an offer. Even better, potential homeowners can also choose to have a den with their unit.

Here is a look at some floorplans:

This new boutique condo also offers an inviting lobby, entertaining room and a lot more.

Located a short five-minute walk from Mount Pleasant GO, residents can get to the city in under an hour or hang out in an established neighbourhood. As the developers note, people who stay in the condo will be able to stay fully connected, making it a great choice for the working class.

What do you think about this new condo development in Brampton?

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