260 Malta Avenue Unit 506, Brampton

Price: $469,900

1 bedrooms, 1 bathrooms

500 sq ft

Property Type: Condo

MLS#: W12643502

Never before lived in, this brand new 1 bedroom condo offers modern finishes, bright space, and everyday convenience. The suite features quartz countertops, wide plank laminate flooring, stainless steel appliances, and in suite laundry. Floor to ceiling windows bring in strong natural light and include custom blinds. Step out to a private balcony for an easy outdoor retreat. The building delivers amenities ready for immediate use. Rooftop patio with dining areas, BBQs, garden space, recreation zones, and sun cabanas. Party room with chef's kitchen, social lounge, and dining area. Fitness centre, yoga space, kids play room, co work hub, and meeting room. Added conveniences include a pet wash station, underground visitor parking, and 24 hour security. Ideally located near Sheridan College and Shoppers World Brampton, in a highly connected neighbourhood steps to the Gateway Terminal and the future LRT. Close to major highways, parks, shopping, and golf, including Brampton Golf Club and Lionhead Golf Club.

260 Malta Avenue Unit 506, Brampton - Image 1
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$469,900 - 260 Malta Avenue Unit 506, Brampton

Condo for Sale in Brampton

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12643502
Property Type
Condo
Status
active
Days on Market
16
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
City
Brampton
Locker
None
Exposure
South West
Balcony
Open
Description

Never before lived in, this brand new 1 bedroom condo offers modern finishes, bright space, and everyday convenience. The suite features quartz countertops, wide plank laminate flooring, stainless steel appliances, and in suite laundry. Floor to ceiling windows bring in strong natural light and include custom blinds. Step out to a private balcony for an easy outdoor retreat. The building delivers amenities ready for immediate use. Rooftop patio with dining areas, BBQs, garden space, recreation zones, and sun cabanas. Party room with chef's kitchen, social lounge, and dining area. Fitness centre, yoga space, kids play room, co work hub, and meeting room. Added conveniences include a pet wash station, underground visitor parking, and 24 hour security. Ideally located near Sheridan College and Shoppers World Brampton, in a highly connected neighbourhood steps to the Gateway Terminal and the future LRT. Close to major highways, parks, shopping, and golf, including Brampton Golf Club and Lionhead Golf Club.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

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5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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.

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 506, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,044

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $940/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 16 days on market, 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 500 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.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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