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    for sale
    20 Days on Strata

    407 - 8 Lisa St

    Ritz Towers Condos4.0
    $534,900
    2 Beds + 1
    2 Bath
    1 Parking
    1,272 SQFT
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    Price History

    Maintenance Fees:
    $1,356/mth
    Taxes:
    $2,689 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $421/sqft
    Outdoor Space:
    None
    Locker:
    Ensuite
    Possession Date:
    TBD
    Exposure:
    South East

    Amenities

    Gym
    Indoor Pool
    Party Room
    Rec Room
    Tennis Court

    About this Listing

    Welcome to the famous Ritz Towers, one of Brampton's top condo apartment located on a multi acre lot. This complex offers many outstanding amenities, such as Indoor/Outdoor Pools, Tennis Courts, Racquetball & Squash Courts, Snooker Room, Exercise Room, Cardio Room, Ample Visitor Parking, Gatehouse Security, Party Room, Bbq areas. This apartment was completely updated: Newer HVAC(2023), Newer Electrical panel(2025), Updated bathroom(2023), Newer laminate flooring(2021), Newer Kitchen(2019) and is Ideally located with a South Eastern exposure.

    ExtrasComes complete with newer washer, dryer, stainless steal stove and stainless steal refrigerator.

    re/max real estate centre inc.MLS® #W12499052

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    19.75 x 10.76ft
    Open Concept
    Dining
    11.61 x 8.76ft
    Laminate, Walkout To Sunroom, Large Window
    Kitchen
    13.45 x 9.09ft
    Tile Floor, Granite Counter, Updated
    Sunroom
    12.3 x 7.55ft
    Bedroom
    14.14 x 10.99ft
    Laminate, His/Hers Closets, Mirrored Closet
    2nd Bedroom
    14.86 x 9.06ft
    Laminate
    Bathroom
    0 x 0ft
    Tile Floor, 4 Piece Bath
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Queen Street Corridor

    Map

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    map of location
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    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    8,702
    Average Individual Income
    $66,077
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $122,691
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    27%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    18%
    Duplex
    11%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    10%
    Other
    8%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Cantonese
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Math & Computer Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Building Trends At Ritz Towers Condos

    Days on Strata

    Units at Ritz Towers Condos spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen Street Corridor

    Turnover of Units

    On average, each unit is owned for
    9.9
    YEARS before being sold again

    Property Value

    -20%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 22 condos in the Queen Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Ritz Towers Condos offers the
    ?
    best value out of 22 condos in the Queen Street Corridor neighbourhood

    Appreciation Rank

    Ritz Towers Condos has the
    ?
    highest ROI out of 22 condos in the Queen Street Corridor neighbourhood

    Rental Yield

    Ritz Towers Condos yields the
    ?
    highest rent prices out of 22 condos in the Queen Street Corridor neighbourhood

    High Demand

    Ritz Towers Condos is the
    ?
    most popular building out of 22 condos in the Queen Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Ritz Towers Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$375,000No Data$456,000$365,000 - $485,000
    Avg. Cost Per Sqft$318No Data$387$358
    Avg. Wait for Unit Availability369 Days210 Days81 Days33 Days
    Ratio of Units in Building6%6%37%53%

    Market Inventory

    Total number of units listed and sold in Queen Street Corridor