With over 600,000 residents, Brampton is one of Ontario’s largest and fastest growing municipalities. Known as Canada’s Flower City, Brampton is a diverse and unique city located just minutes away from Toronto and the Lester B. Pearson International Airport.
The emerging economy and growing residential areas have attracted many major companies to the area including Canon Canada, Rogers Communications, Bacardi, Air Canada, and Coca Cola. In total, the area is home to over 8,000 businesses. Brampton also has received the prestigious honour of being designated as an International Safe Community by the World Health Organization - joining an illustrious group of only nine other North American cities.
Brampton has many great residential neighbourhoods including Peel Village, Vales of Castlemore, Fletcher’s Meadow, Old Brampton, Bramalea South, Professor’s Lake, Springdale, Brampton West, Snelgrove, Mount Pleasant Village and Heart Lake.
The city has over 6,000 acres of parkland and provides easy and quick access for residents to enjoy many different outdoor activities. Brampton is also an extremely youthful community, as the average age of a random Brampton resident in 2011 was 34.7 years old.
The average cost of a single family detached home in Brampton is just over $800,000, while the average cost of a semi-detached home is around $630,000.
Condominium-townhouse style units come in around $450,000 while apartment style units average around $370,000. Of course, prices will vary depending on which neighbourhood a particular property is located in, what the lot size is, etc. - however, on average, the median sale price for all types of dwellings located in Brampton combined is around $700,000.
Do you think Brampton could have the property of your dreams? Want to know more about the area? Contact us today to book a property viewing or to receive more information about this fantastic location.
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