City Series: Brampton Home Sellers are Saving Thousands in Commission
Brampton is the third largest city in the Greater Toronto Area (GTA) with plenty to offer its residents and visitors. Brampton’s greenhouse industry, established in the early 1960s1, and its Flower Festival helped to deem this city the “Flower City”. With a diverse economy and culture, Brampton is a wonderful place to live, work and play in—and a great place to save thousands in commission when selling your home!
People from all around the world call Brampton home! Brampton residents represent more than 170 different cultures and speak more than 70 languages2. Brampton is Canada’s second fastest-growing city and was deemed by the Province of Ontario as an urban growth area, expecting the city's population to grow to 725,000 by 2031.
As for the real estate market, in July 20203, Brampton saw a 36% increase in year-over-year sales, despite COVID-19. The average selling price for a home in Brampton is $861,763, an incredible year-over-year increase of 17%. And even though we are in a pandemic, we are still seeing our Purplebricks home sellers in Brampton successfully sell their home while saving thousands in commission!
And as for homebuyers? Even though Brampton saw an impressive increase in year-over-year sales, active listings saw a 22% year-over-year decrease. This means inventory is lower, increasing competition among buyers and decreasing days on market. If you purchase a home with a Purplebricks dedicated Home Buying REALTOR®, not only will you receive $2,000 in cash back*, our local agents will use their expertise to understand your needs and help you navigate the new market reality to land you your dream home. Added bonus – you can sign up for our automatic email alerts to keep you informed of homes that meet your criteria as soon as they hit the market.
Have a future post-secondary student in your home? You’re in luck, because Brampton has easy access to top-tier institutions in Toronto like the University of Toronto, Ryerson University and George Brown College. Brampton has also established partnerships with Algoma University, Sheridan College and Ryerson University to create Brampton campus extensions of these institutions4. What’s more, Brampton is working to bring a university all its own to the city! BramptonU would focus on preparing students for the jobs of tomorrow and the university is part of the city’s commitment to the Brampton 2040 Vision and Living the Mosaic5.
Home to more than 8,000 businesses, the city's top three industries are manufacturing, retail, and wholesale trade, with manufacturing being the largest employer6. Brampton's manufacturing sector includes 1,500 companies employing more than 30,000 people and contributes approximately $4 billion to the national GDP7.
And did you know there is an exciting company that has an office 45 minutes away? You guessed it, we do! If you’d like to join us in revolutionizing the real estate industry, visit our careers page to explore current opportunities. We also have remote working opportunities for licensed real estate positions.
Do you travel for work? No problem! Brampton’s GTA location means it has easy access to the big city—only 35 minutes to Toronto by car—and to many surrounding cities. With three GO Train stations and a VIA Rail station, getting to and from Brampton is made simple and direct, and an extensive Brampton Transit system means all your public transit needs are covered. If flying is more your speed, you can catch a flight at Toronto Pearson International Airport a short 15-20 minutes away in neighbouring Mississauga.
Brampton offers more than 6,000 acres8 of parkland and 90 kilometres of trails, which means there’s no shortage of outdoor fun. A fan-favourite park happens to be the city’s oldest park too—Gage Park. This centrally located green space is open year-round and is known for its whimsical circular walkway that turns into a circular skating rink during the winter9. Before visiting any public parks or trails, be sure to check for restrictions due to COVID-19.
Once you’ve worked up an appetite from enjoying the great outdoors, you can relish in the city’s diverse food scene! No matter what you’re craving, you’ll be able to find it in Brampton. From authentic Italian cuisine to BBQ to Indian cuisine to Portuguese cuisine and beyond, Brampton is a culinary hub. Try RD’s, the first old-fashioned, southern-American BBQ restaurant in Ontario, who are said to deliver on their motto to “smoke slow and cook it low” for the most succulent meat10. If meatless is more to your taste, try the Copper Branch. Their fully vegan menu means you’ll have plenty of options that are sure to hit the spot. Before heading to an eatery, double-check any COVID-19 restrictions the establishment might have.
Ready to sell your home in Brampton or want to call it “home”? A Purplebricks REALTOR® can help.
Purplebricks is here to support Canadians by providing them with a full-service real estate experience while saving them thousands in commission when selling their home. As for homebuyers, we share the commission by giving buyers $2,000 in cash back* when they buy a home with us. Call 1-855-999-9740 for more information.