260 Malta Avenue Unit 314, Brampton

Price: $722,990

3 bedrooms, 2 bathrooms

800 sq ft

Property Type: Condo

MLS#: W12417267

Fantastic Living In The Brand New Duo Condos. 818 sq ft 2 Bed + Den, 166 sq ft Balcony, 9' ceiling, wide plank HP Laminate Floors, Designer Cabinetry, Quartz Counters, Back splash, Stainless Steel Appliances. Amazing Amenities ready for immediate Use. Rooftop Patio with Dining, BBQ, Garden, Recreation & Sun Cabanas. Party Room with Chefs Kitchen, Social Lounge and Dining. Fitness Centre, Yoga, Kid's Play Room, Co- Work Hub, Meeting Room. Be in one the best neighbourhoods in Brampton, steps away from the Gateway Terminal and the Future Home of the LRT. Steps to Sheridan College, close to Major Hwys, Parks, Golf and Shopping.

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$722,990 - 260 Malta Avenue Unit 314, Brampton

Condo for Sale in Brampton

32 days on market
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12417267
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Brampton
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
BAKER REAL ESTATE INCORPORATED
Description

Fantastic Living In The Brand New Duo Condos. 818 sq ft 2 Bed + Den, 166 sq ft Balcony, 9' ceiling, wide plank HP Laminate Floors, Designer Cabinetry, Quartz Counters, Back splash, Stainless Steel Appliances. Amazing Amenities ready for immediate Use. Rooftop Patio with Dining, BBQ, Garden, Recreation & Sun Cabanas. Party Room with Chefs Kitchen, Social Lounge and Dining. Fitness Centre, Yoga, Kid's Play Room, Co- Work Hub, Meeting Room. Be in one the best neighbourhoods in Brampton, steps away from the Gateway Terminal and the Future Home of the LRT. Steps to Sheridan College, close to Major Hwys, Parks, Golf and Shopping.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,709.31/mo

Includes CMHC insurance ($20,171)

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5-yr fixed avg.

Principal: $650,691Interest: $441,932
Mortgage Amount$670,862
Total Interest$441,932
Est. Property Tax$512/mo
Total Cost$1,112,794

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.

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Neighbourhood Guide: Brampton

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

Turner Fenton Secondary SchoolPublic High School
Heart Lake Secondary SchoolPublic High School
St. Edmund Campion Secondary SchoolCatholic High School
Cardinal Ambrozic Catholic Secondary SchoolCatholic High School

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.

70
Walk Score
Varies
Price Range

260 Malta Avenue Unit 314, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$512
Insurance (est.)-$151
Net Cash Flow+$1,417

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $904/sqft, this property is priced in line with current Brampton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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