These Are The Cheapest Houses for Under $500,000 in Brampton


The real estate market is very volatile right now, whether in Brampton or elsewhere across the GTA.

While regularly features very beautiful homes that are in the $1 million range, that doesn't mean there isn't more affordable homes around your neighbourhood if you know where to look.

According to the Real Estate Wire, a market and information hub for real estate information, there are still homes in Brampton that are priced at under $500,000.

Let's take a look at some of the cheapest houses for under half a million dollars in the city, as categorized by REW.

66 Briar Path

Neighbourhood: Avondale

Price: $379,900

Gross Taxes for 2018: $2,475

This town house is located within steps of the Bramalea City Centre. It's also close to medical clinics, the library, bus terminal, schools, restaurants and Highway 410.

29-93 N Hansen Road

Neighbourhood: Madoc

Price: $389,800

Gross Taxes for 2018: $2,402

This is a spacious vacant end unit with three bedrooms, two full washrooms and a large recreation room.

Unit 82-475 Bramalea Road

Neighbourhood: Southgate

Price: $395,000

Gross Taxes for 2018: $2,170

This house was described as "a sun-filled open concept with a spacious unit. Also an excellent location as it is walking distance to all amenities".

11 Mccallum Court

Neighbourhood: Queen Street Corridor

Price: $400,000

Gross Taxes for 2018: $2,465

This townhome is described as being in "a central location in Brampton, where one can walk to transit and the hospital. It's also near highways, the GO Station and the malls."

75 Morley Crescent

Neighbourhood: Central Park

Price: $405,000

Gross Taxes for 2017: $2,488

This townhouse is described as being in a well run complex with an outdoor pool, as well as close to Professor's Lake and Highway 407 and 410. It's also blocks away from Brampton hospital, shopping malls and grocery stores.

BONUS: 81 N Hanson Road

This location in Madoc gets special mention…because the listed price is $1.

It’s described as a condo townhouse “that is a perfect fit for first time buyers seeking an upgraded modern open concept look.”

So it seems even with an ever volatile housing market and prices fluctuating constantly, as well with an emerging trend of condominium living as the preferred option for people, there are still homes within an affordable price range for those of you looking to settle in Brampton.

Who's ready to go house hunting?

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