1504-10 Malta Avenue, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W12852044

$464,900
For Sale
Listed 134 days ago
Request a showing
◎ Directions
4Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

Welcome to this well-maintained condo apartment located at #1504, 10 Malta Ave, offering one of the most desirable floor plans. This **3-bedroom, 2-washroom** unit features **1 car parking** and a spacious, **sun-filled layout** with an open balcony offering an amazing view. The **living and dining areas** are combined, creating a large and inviting space for entertaining. The **upgraded kitchen** is perfect for culinary enthusiasts, with modern finishes and ample storage. The **master bedroom** includes a **4-piece ensuite washroom** and a **walk-in closet** for convenience. Two other generously sized bedrooms offer comfort, with a second washroom nearby for easy access. A unique feature of this unit is the **solarium** that's combined with the living space, adding additional versatility. The condo also comes with **en-suite laundry** for added convenience. Located within minutes to all major highways, **Sheridan College**, and a short walk to transit, Longos, and banks, this home provides everything you need at your fingertips. The **modern white kitchen** has plenty of cabinets, and the spotlight feature enhances its contemporary appeal. This condo offers a perfect blend of style, convenience, and location-making it a must-see! New indoor basketball court, tennis courts, sauna, pool, schools, and proximity to Hwy 407 are all included. Complete with all Elf's appliances, a newer security system in the building.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12852044
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1400-1599
Cross streets
Hurontario/ Ray Lawson Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,101/mo
Exposure
North West
Property tax
$2,978 / 2025
Days on market
134
Listing brokerage
RE/MAX GOLD REALTY INC.

Rooms

KitchenFlat4.87 × 2.35 m
Bedroom 2Flat3.85 × 2.76 m
Dining RoomFlat3.53 × 2.16 m
LaundryFlat2.00 × 0.00 m
SolariumFlat2.75 × 2.46 m
Primary BedroomFlat4.87 × 3.41 m
Living RoomFlat5.76 × 3.41 m
Bedroom 3Flat3.40 × 2.46 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$538Kest. value

Listed at $464,900, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $477K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $460K
  • Bedrooms +$30K
  • Adjusts to $490K

That comparable adjusts to $490K; the $538K estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Ray Lawson Blvd e/of Malta Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$465KGreat deal$559KOverpriced

Total price vs nearby homes. Fair value about $538K, median of 13 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Fletcher's Creek South · asking prices
$536kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

505-20 Cherrytree Drive$465k308-30 Malta Avenue$450k1808-100 County Court Boulevard$579k1709-100 County Court Boulevard$649k

The 4 closest active listings nearby.

See all comparable homes
465kThis home465k450k579k649kThis home vs active comparables
Live market pulseActive comparables in Fletcher's Creek South · median list $465K
$310this home / sqft
14active listings nearby
134days on market

This home lists 14% below the area average of $359/sqft.

112 days longer than the Brampton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Fletcher's Creek South, Brampton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

82/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Ray Lawson Blvd e/of Malta Ave, about 128 m away

20+ transit stops5 grocery20+ dining20+ parks14 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brampton South
$369K
Downtown Brampton
$454K
Bram West
$495K
Queen Street Corridor
$470K
Northwest Brampton
$475K

Typical asking price of active listings of the same type, per area (outliers removed). Brampton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,119/mo
$113KIncome needed
4.1×Price ÷ income
$489Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

61%mortgage
Mortgage $2,119Property tax $248Condo fee $1,101Total carry $3,468

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,985per month

Mortgage amount $371,920 · 4.14% over 25 years

$92,980Down payment (20.0%)
$371,920Loan before insurance
$0CMHC premium
$3,334Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,985
Property tax
$248
Condo / maintenance fees
$1,101
Heating
$0
Estimated monthly cost
$3,334

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,773
Estimated closing costs
$5,773

Plus your down payment of $92,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,411/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$223,491Total interest paid
$595,411Total of all payments
Principal $371,920 Interest $223,491
YearPrincipalInterestBalance
1$8,713$15,104$363,207
2$9,077$14,739$354,130
3$9,457$14,360$344,673
4$9,853$13,964$334,821
5$10,265$13,552$324,556
6$10,694$13,122$313,862
7$11,141$12,675$302,721
8$11,607$12,209$291,113
9$12,093$11,724$279,021
10$12,599$11,218$266,422
11$13,126$10,691$253,296
12$13,675$10,142$239,622
13$14,247$9,570$225,375
14$14,843$8,974$210,532
15$15,463$8,353$195,069
16$16,110$7,706$178,959
17$16,784$7,032$162,175
18$17,486$6,330$144,689
19$18,218$5,599$126,471
20$18,980$4,837$107,491
21$19,773$4,043$87,718
22$20,601$3,216$67,117
23$21,462$2,354$45,655
24$22,360$1,456$23,295
25$23,295$521$0

At the end of your 5-year term

Total paid over the term
$119,082
Principal paid down
$47,364
Interest paid
$71,718
Balance remaining
$324,556

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,750/mo
$57,000Gross annual rent
7.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

12.3%
Gross yield
− Property tax $2,978− Condo fees $13,209− Insurance $600− Vacancy & upkeep $6,270Net operating income $33,944

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX GOLD REALTY INC.. MLS®/PropTx.

CallRequest a showing