408-225 Malta Avenue, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13506328

$659,000
For Sale
Listed 17 days ago
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
0Parking
1000-1199Sq Ft

About this home

Brand New 3 Bedroom, 2 Bathroom Corner Unit, Open Concept Layout, Stainless Steel Appliances, Large Windows For Natural Light. Prime Location In Brampton Near Shopper's World, Brampton Gateway Bus Terminal And 2 Minute Walk To Sheridan College. Gym, Party Room, 24 Hour Security. Easy Access to Hwy 410, 401 and 407 And Much More!! Condo Is Virtual Staged

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13506328
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
Steeles Ave West / Hurontario Street
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$676/mo
Exposure
West
Property tax
$1 / 2026
Days on market
17
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

KitchenMain3.20 × 3.35 m
Bedroom 3Main2.99 × 2.74 m
Living RoomMain4.21 × 3.20 m

Combined w/Dining

Bedroom 2Main2.44 × 2.74 m
BedroomMain3.35 × 3.17 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, this is a very walkable address with everyday errands close by. Malta - Zum Steeles Station Stop EB is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Fletcher's Creek South · asking prices
$495kavg asking

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

1703-225 Malta Avenue$680k1101-100 County Court Boulevard$469k306-10 Malta Avenue$459k305-30 Malta Avenue$440k211-20 Cherrytree Drive$429k

The 5 closest of 6 active listings nearby.

See all comparable homes
659kThis home680k469k459k440k429kThis home vs active comparables
Live market pulseActive comparables in Fletcher's Creek South · median list $469K
$599this home / sqft
19active listings nearby
17days on market

This home lists 38% above the area average of $435/sqft.

4 days faster than the Brampton average (21 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: Malta - Zum Steeles Station Stop EB, about 58 m away

20+ transit stops6 grocery20+ dining20+ parks15 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
$363K
Downtown Brampton
$454K
Bram West
$495K
Queen Street Corridor
$468K
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
$3,004/mo
$129KIncome needed
5.1×Price ÷ income
$693Weekly 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.

82%mortgage
Mortgage $3,004Property tax $0Condo fee $676Total carry $3,679

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)
$2,813per month

Mortgage amount $527,200 · 4.14% over 25 years

$131,800Down payment (20.0%)
$527,200Loan before insurance
$0CMHC premium
$3,489Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,813
Property tax
$0
Condo / maintenance fees
$676
Heating
$0
Estimated monthly cost
$3,489

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

One-time closing costs

Ontario land transfer tax
$9,655
Estimated closing costs
$9,655

Plus your down payment of $131,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,417/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

$316,800Total interest paid
$844,000Total of all payments
Principal $527,200 Interest $316,800
YearPrincipalInterestBalance
1$12,350$21,410$514,850
2$12,867$20,893$501,982
3$13,405$20,355$488,577
4$13,966$19,794$474,611
5$14,550$19,210$460,061
6$15,159$18,601$444,902
7$15,793$17,967$429,109
8$16,453$17,307$412,656
9$17,142$16,618$395,514
10$17,859$15,901$377,655
11$18,606$15,154$359,050
12$19,384$14,376$339,666
13$20,195$13,565$319,471
14$21,039$12,721$298,432
15$21,920$11,841$276,512
16$22,836$10,924$253,676
17$23,792$9,968$229,884
18$24,787$8,973$205,097
19$25,824$7,936$179,274
20$26,904$6,856$152,370
21$28,029$5,731$124,341
22$29,201$4,559$95,140
23$30,423$3,337$64,717
24$31,695$2,065$33,021
25$33,021$739$0

At the end of your 5-year term

Total paid over the term
$168,800
Principal paid down
$67,139
Interest paid
$101,661
Balance remaining
$460,061

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$3,400/mo
$40,800Gross annual rent
4.2%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.

6.2%
Gross yield
− Property tax $1− Condo fees $8,110− Insurance $600− Vacancy & upkeep $4,488Net operating income $27,601

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

CallRequest a showing