$539,900 - 10 Malta Avenue Unit 503, Brampton
Condo for Sale in Brampton
New — Listed 2 days ago- MLS Number
- W13165806
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Brampton
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE IGNITE REALTY
Rarely offered 3-bedroom plus solarium suite with THREE underground parking spaces, including a tandem parking arrangement ideal for larger vehicles, in the highly sought-after "The Coronation" in Brampton. Offering approximately 1,416 sq. ft. of functional living space, this spacious residence is ideal for growing or multi-generational families seeking comfort, convenience, and exceptional value.Ideally located minutes from Highways 407, 401, and 410, and with the upcoming Hurontario LRT nearby, this location provides outstanding connectivity for commuters and everyday living. The thoughtfully designed layout features expansive living and dining areas, 3 generously sized bedrooms plus a bright solarium, a large primary bedroom with private ensuite featuring separate tub and shower, and balconies accessible from two bedrooms.The kitchen includes a breakfast area along with refrigerator, stove, microwave, and a separate laundry room with washer and dryer. The rare three parking spaces provide unmatched practicality and flexibility seldom found in comparable condominium offerings.Residents enjoy an exceptional lifestyle with 24/7 on-site security personnel in addition to a comprehensive building security camera surveillance system. Outstanding amenities include an indoor swimming pool, sauna, fitness centre, squash court, tennis court, billiards room, table tennis room, party room, library, barbecue area, walking trails, and beautifully landscaped gardens.The building is known for strong management and a healthy reserve fund, offering added peace of mind for owners. Maintenance fees include hydro, heating, air conditioning, water, building insurance, and common area maintenance. Additional conveniences include garbage disposal from each floor, regular snow removal, exterior window cleaning, and meticulously maintained common areas throughout the building.
Estimate your monthly payments for this property
Estimated Payment
$2,769.97/mo
Includes CMHC insurance ($15,063)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Brampton
Brampton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Brampton
- •Convenient location in Brampton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Brampton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Malta Avenue Unit 503, Brampton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $386/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Brampton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Brampton Value
Brampton offers more space for your dollar compared to Mississauga or Toronto. The city has invested heavily in infrastructure including the Züm rapid transit. Consider proximity to highways (410, 407) for commuting. The community is diverse and vibrant, with excellent South Asian cuisine and cultural events.
Investment Perspective
Looking at this as an investment: Brampton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.