This Brampton home just sold for more than $800,000 over its 2016 price

By

Published February 13, 2022 at 12:31 pm

The real estate market has a lot of buyers paying top dollar for homes throughout the GTA, and Brampton is definitely no exception.

In fact, a semi-detached home in Brampton recently sold for $1,325,000 — $326,000 over its asking price of $999,000.

The property, located at 4 Vincent St, has three above-ground bedrooms, four bathrooms, and a size of approximately 1,746 square feet.

It was most recently sold last Monday, Feb. 7. Before then it was sold in April 2016 for the much lower price of $515,000 — a difference of more than $800,000.

It’s far from the first Brampton home to see such a vast difference in price, with another home recently selling for $565,000 more than what it sold for in 2021.

Semi-detached home prices have been on the rise in Brampton.

In Peel Region, Brampton saw the biggest spike in prices as the average price for a single-detached home rose 28.8 per cent from six figures in 2020 to $1,189,811 in 2021.

insauga's Editorial Standards and Policies advertising