What is the most expensive house in Brampton?

The Top 10 Most Expensive Homes for Sale in Brampton

• #1 4976 Countryside Drive, 5 bedrooms, 3 bathrooms, $9,900,000.
• #2 6 Samuel Drive, 7 bedrooms, 6 bathrooms, $4,500,000.
• #3 29 Cynthia Crescent, 8 bedrooms, 9 bathrooms, $3,150,000.
• #5 26 Fenton Way, 5 bedrooms, 5 bathrooms, $2,399,900.

Where is the biggest house in Brampton?

The mega-mansion is located in the Castlemore area on Fenton Way near some of the largest and most posh houses in Brampton. It’s a massive 3.2-acre estate that sits on a ravine with sprawling views.

How much money do you need to buy a house in Brampton?

In Brampton, the average home price sits at $764,826 and the minimum downpayment is $51,483.

Are Brampton houses expensive?

Brampton’s real estate market kicked off 2021 with a record-setting bang. The average price for a home or condo in Canada’s ninth-largest city increased year over year from $764,826 in January 2020 to $971,462 last month — a jump of $206,636 (27 per cent) in just 12 months.

How much is a downpayment on a house in Brampton?

The minimum down payment in Canada depends on the purchase price of the home: If the purchase price is less than $500,000, the minimum down payment is 5\%. If the purchase price is between $500,000 and $999,999, the minimum down payment is 5\% of the first $500,000, and 10\% of any amount over $500,000.

How much does a house in Mississauga cost?

Current Mississauga MLS® stats indicate an average house price of $1,107,881 and 714 new listings in the last 28 days.

Why are house prices so high in Brampton?

The lack of housing supply and choice has reached a critical juncture.” This high demand and low supply have forced prices across the GTA, including Brampton, to soar. The MLS® Home Price Index Composite Benchmark increased by 19.1\% from September 2020 to 2021.

Why are houses in Brampton so expensive?

Brampton’s luxury market is also driven by move-up buyers, with prices for luxury properties starting in the $2 million ballpark. This region has seen an increase in demand for luxury homes since the start of COVID-19, a trend that is expected to continue in 2021.

What percentage of Brampton is Indian?

East Indian was the top ethnicity reported by Mississauga (15.1\%) and Brampton (30.6\%) residents, while English was the top ethnicity reported in Caledon (27.0\%). In Peel, 0.5\% of the population reported having an aboriginal identity.