505-30 Malta Avenue, Brampton, ON
Fletcher's Creek South, Brampton · MLS® W12961082
About this home
Ideal for First-Time Buyers, Families, or Investors! Spacious 2-Bed, 2-Bath Condo with Excellent Amenities! Welcome to this well-kept, move-in ready condo, perfectly located in one of Brampton's most desirable areas. Whether you're a first-time buyer, a growing family, or an investor, this home offers great value and convenience. The open-concept layout features a bright, sun-filled living and dining area with elegant light fixtures, creating an inviting space for relaxing or entertaining. Thoughtfully renovated living and dining areas feature a custom feature wall, elegant fireplace, and modern pot lights, enhancing both style and ambiance. The kitchen offers stone countertops and a separate dining area for added comfort and functionality. The primary bedroom includes a 4-piece ensuite with both a tub and a separate shower, providing a peaceful retreat at the end of the day. A second full bathroom ensures added convenience for guests or family members. Enjoy the benefits of two parking spots for your vehicles and access to a wide range of building amenities, including an outdoor pool, tennis court, gym, squash courts, sauna, party room, and more. Situated near top-rated schools, parks, major highways, Sheridan College, and within walking distance to transit, shops, and restaurants - this condo offers unbeatable access to everything you need. All that's left to do is move in and make it your own!
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- W12961082
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- McLaughlin Rd S & Ray Lawson Blvd
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Maintenance
- $1,020/mo
- Exposure
- East
- Property tax
- $2,748 / 2025
- Days on market
- 102
- Listing brokerage
- THE AGENCY
Rooms
Listing history
- Jul 17, 2026Listed$2,800
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $439,999, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Fletcher's Creek South, so I widened the search to the surrounding area.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $468K, a close match.
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 $499K
- Adjusts to $499K
That comparable adjusts to $499K; the $491K estimate above is the median of all 6 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 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $491K, median of 6 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 33% below the area average of $503/sqft.
80 days longer than the Brampton average (22 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Fletcher's Creek South, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 220 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $351,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,878
- Property tax
- $229
- Condo / maintenance fees
- $1,020
- Heating
- $0
- Estimated monthly cost
- $3,127
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,275
- Estimated closing costs
- $5,275
Plus your down payment of $88,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $112,704
- Principal paid down
- $44,827
- Interest paid
- $67,877
- Balance remaining
- $307,172
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.