2311-260 Malta Avenue, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13556060

$499,000
Sold
2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Brand new 1-bedroom + den suite with a spacious L-shaped balcony offering stunning, unobstructed city views-perfect for relaxing or entertaining.Features include 9' ceilings, wide-plank laminate flooring, designer cabinetry, quartz countertops, and stainless steel appliances.Enjoy resort-style amenities such as a rooftop terrace with BBQs, party room, fitness centre, yoga studio, and co-working spaces.Prime Brampton location steps to transit, the future Hurontario LRT, Sheridan College, and close to highways, parks, and shopping.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13556060
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Steeles Ave W & Hurontario St
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Foundation
Concrete
Maintenance
$516/mo
Exposure
East
Property tax
$3,549 / 2025
Days on market
4
Listing brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.

Rooms

BedroomFlat2.74 × 3.61 m

window floor to ceiling · laminate

Living RoomFlat7.32 × 2.99 m

laminate · combined w/kitchen

Dining RoomFlat7.32 × 2.99 m

laminate · combined w/kitchen

KitchenFlat7.32 × 2.99 m

quartz counter · stainless steel appl · laminate

DenFlat2.10 × 3.23 m

w/o to balcony · laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$426Kest. value

Listed at $499,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $447K, 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 $450K
  • Adjusts to $450K

That comparable adjusts to $450K; the $426K estimate above is the median of all 5 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. 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.

List price
$400KGreat deal$499KOverpriced

Total price vs nearby homes. Fair value about $426K, median of 5 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Fletcher's Creek South · asking prices
$435kavg asking

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

1401-225 Malta Avenue$450k1106-260 Malta Avenue$449k312-260 Malta Avenue$426k612-225 Malta Avenue$449k207-300 Ray Lawson Boulevard$400k

The 5 closest active listings nearby.

See all comparable homes
499kThis home450k449k426k449k400kThis home vs active comparables
Live market pulseActive comparables in Fletcher's Creek South · median list $449K
$768this home / sqft
11active listings nearby
4days on market

This home lists 11% above the area average of $695/sqft.

18 days faster 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

81/ 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 76 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
$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
$2,274/mo
$110KIncome needed
4.5×Price ÷ income
$525Weekly 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.

74%mortgage
Mortgage $2,274Property tax $296Condo fee $516Total carry $3,086

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,942Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$296
Condo / maintenance fees
$516
Heating
$0
Estimated monthly cost
$2,942

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC.. MLS®/PropTx.

CallFind similar