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              #601 24 Hanover Road

              near Queen St & Dixie
              $539,000 2+1bdr • 2ba • 1kit • 1400-1599sf
              Average Income
              $59,328
              Population Age
              43 y/old
              School Score
              7.57/10
              Price Index Change 1y
              +14.44%
              Price Index Change 3y
              +33.89%
              Rent Index Change 1y
              +7.09%
              Rent Index Change 3y
              +33.82%

              Condo Apt • Apartment #601 • 6 Level

              #601 24 Hanover Road, Queen Street Corridor, Brampton
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1400-1599
              • garage 2.0 Undergrnd
              • exposure Nw
              • age 31-50
              • locker None
              • possession

                Tba

              $539,000

              $2,764.59
              Tax yr: 2020

              $880.01/m

              CALCULATED NUMBERS:

              $2022.00

              calculator

              $2600

              3

              76 Very Walkable

              60 Good Transit

              52 Bikeable

              7.57/10

              Location Details
              • Peel

              • Brampton

              • Queen Street Corridor

              • Queen St & Dixie

              • L6S5K8

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX REALTY ENTERPRISES INC., BROKERAGE

              Property Overview
              *Location*Impeccably Kept, Sun-Filled 1400 Sqft Corner Suite,2 Bedrms +2 Full Washrs,Sep Den Perfect Setting For Work Frm Home,Panoramic Views, Mster Bdrm W/ His & Her Clst, Ensuite Laundry, Famsize Kit With Ample Storage,2 Undergnd Prking, Perfect For Young Couples,Downsizing, Amenties Incl Large Indoor Swimming Pool W/ Hot Tub, Sauna,Tennis,Squash Courts,Gym,Party Rm,24 Hr Security + Lots Of Visitor Parkg, Min Walk To Bramalea City Centre Shopping, Transit
              Extras: **Rare All Utilities Included** Stove, Fridge, Dishwasher, Washer And Dryer, All Elf's & Window Coverings; Gdo, 2 Fobs. Excluded: Dining Room Chandelier
              Video tour available. Click to watch.
              Property Features
              • Library
              • Park
              • Public Transit
              • School
              • Brick
              • Exercise Room
              • Gym
              • Indoor Pool
              • Party/Meeting Room
              • Sauna
              • Security Guard
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Pets Permitted
              • Seller Property Info Statement
              • Family Room
              Rooms details
              Living
              • Main Level
              • Laminate
              • Pot Lights
              • Nw View
              • Size 6.36x3.39
              Dining
              • Main Level
              • Laminate
              • Pot Lights
              • French Doors
              • Size 3.39x2.89
              Kitchen
              • Main Level
              • Ceramic Floor
              • French Doors
              • Backsplash
              • Size 2.89x2.89
              Breakfast
              • Main Level
              • Ceramic Floor
              • Pantry
              • Large Window
              • Size 2.89x2.79
              Master
              • Main Level
              • Laminate
              • His/Hers Closets
              • 4 Pc Ensuite
              • Size 4.99x3.39
              2nd Br
              • Main Level
              • Laminate
              • Closet
              • 4 Pc Bath
              • Size 4.29x2.99
              Office
              • Main Level
              • Laminate
              • French Doors
              • Large Window
              • Size 2.79x2.89
              Basement
              • None
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              • Listing added to site: 2020-11-21 00:36:15
              • Last updated: 2020-11-23 09:10:52
              • Photos updated: 2020-11-20
              • Contract date: 2020-11-20
              • Input date: 2020-11-20
              • Expiry date: 2021-04-30
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              601 24 Hanover Road is a condo apt apartment, located in Queen Street Corridor of city of Brampton, Peel region, near Queen St & Dixie, and has been available for sale on CondosDirect since 2020-11-21. This unit is located at level 6 of the building and has North-West exposure of Hanover Rd. Condo registry office is PSCC, corporation number 368.

              Lot Size and Living Area:

              601 24 Hanover Road has 6+0 rooms in total, including 2+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1400-1599 square feet. 24 Hanover Road building was built appriximately 31-50 years ago.
              2.0 parking space(s) are owned and located undergrnd at level B B. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Library, Park, Public Transit, School at, or near the property.
              AIDA has also identified the following listing features: Swimming Pool.

              Price & Cost Overview

              General:

              601 24 Hanover Road condo apt is listed for $539,000. Property tax for year 2020 was $2,765. And the monthly maintenance fee was $880.

              Comparative Market Analysis:

              There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $487,213.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,022, and total expenses, including the mortgage, property tax and maintenance, fee around $2,326, assuming $539,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 601 24 Hanover Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Queen Street Corridor, where 24 Hanover Road is located, has $461,924 Home Price Index, and $2,204 Home Rent Index. Average household income at dissemination area of 24 Hanover Road is $59,328, and average polulation age is 43 years old.
              Average Home Price Index among 33 evaluated neighborhoods in city of Brampton is $831,631, and average Home Rent Index $2,276.

              Similar Properties & Community Details:

              There are similar to 601 24 Hanover Road 2 bedr condo apt condos listed For Sale and For Rent in city of Brampton.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 24 Hanover Road.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Queen Street Corridor neighborhood in city of Brampton.

              Schools:

              There are at least 3 school(s) located near 24 Hanover Road, or schools, which boundaries this address belongs to with an average School Score 7.57 out of 10. Here are more details about these schools:
              1. Williams Parkway Sr. Public School, Public, Elementary, ranked as Good.
              2. Hanover Public School, Public, Elementary, ranked as Good.
              3. North Park Secondary School, Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 76, 60, and 52 accordingly, location of 24 Hanover Road overall can be described as Very Walkable, Good Transit, and Bikeable.

              601 24 Hanover Road Listings History Powered by AIDA
              Queen Street Corridor, Brampton Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Brampton Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (42 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 20 to 25 properties like that to be sold in Queen Street Corridor during the next 30 days.
              Seasonal sales fluctuation is showing 65% inventory increase comparing to the average annual number, which is equvalent to 13.75 properties sold per month, and 26% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 18 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 24% D.O.M. increase comparing to the average annual number, which is equvalent to 18 D.O.M., and 8% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Queen Street Corridor.
              The selling to asking price ratio is growing in Queen Street Corridor.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4995852 Comparative Market Analysis
              601 24 Hanover Road Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Queen Street Corridor, Brampton, to the City of Brampton for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +14.44% comparig to the City of Brampton average of +14.435%

              Price Index 3y

              Price Index change was +33.89% comparig to the City of Brampton average of +19.695%

              Rent Index 1y

              Rent Index change was +7.09% comparig to the City of Brampton average of +3.115%

              Rent Index 3y

              Rent Index change was +33.89% comparig to the City of Brampton average of +19.695%

              Walkscore

              Walkscore 76 out of 100 means Very Walkable

              Transitscore

              Transitscore 60 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.57 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $6,700 Cashback
              $449,000
              2br 1ba 900-999sf

              Prop Tax

              $1,680

              Condo Fee

              $481

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              70

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              $7,900 Cashback
              $529,999
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              Condo Fee

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              Exposure

              Ne

              Mortg/m

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              WalkScore

              21

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              $6,600 Cashback
              $439,000
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              $1,818

              Condo Fee

              $652

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              Mortg/m

              $ calculator

              WalkScore

              70

              Compare$458,417

              Price +$10000
              $474,777
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              Prop Tax

              $1,700

              Condo Fee

              $481

              Exposure

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              Mortg/m

              $ calculator

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              $6,600 Cashback
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              Prop Tax

              $2,392

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              $6,700 Cashback
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              $1,932

              Condo Fee

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              E

              Mortg/m

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              74

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              Sold Cnd
              $439,400
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              Prop Tax

              $1,830

              Condo Fee

              $581

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              Mortg/m

              $ calculator

              WalkScore

              0

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              Sold Cnd
              $484,900
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              Prop Tax

              $2,526

              Condo Fee

              $671

              Exposure

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              Mortg/m

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              WalkScore

              72

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              $7,500 Cashback
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              $2,880

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              Mortg/m

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              87

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              Prop Tax

              $1,798

              Condo Fee

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              Exposure

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              Mortg/m

              $ calculator

              WalkScore

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              Price +$35001
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