10 Malta Avenue Unit 503, Brampton

Price: $524,900

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13165806

Rarely offered 3-bedroom plus solarium suite with THREE underground parking spaces, including a tandem parking arrangement ideal for larger vehicles, in the highly sought-after "The Coronation" in Brampton. Offering approximately 1,416 sq. ft. of functional living space, this spacious residence is ideal for growing or multi-generational families seeking comfort, convenience, and exceptional value.Ideally located minutes from Highways 407, 401, and 410, and with the upcoming Hurontario LRT nearby, this location provides outstanding connectivity for commuters and everyday living. The thoughtfully designed layout features expansive living and dining areas, 3 generously sized bedrooms plus a bright solarium, a large primary bedroom with private ensuite featuring separate tub and shower, and balconies accessible from two bedrooms.The kitchen includes a breakfast area along with refrigerator, stove, microwave, and a separate laundry room with washer and dryer. The rare three parking spaces provide unmatched practicality and flexibility seldom found in comparable condominium offerings.Residents enjoy an exceptional lifestyle with 24/7 on-site security personnel in addition to a comprehensive building security camera surveillance system. Outstanding amenities include an indoor swimming pool, sauna, fitness centre, squash court, tennis court, billiards room, table tennis room, party room, library, barbecue area, walking trails, and beautifully landscaped gardens.The building is known for strong management and a healthy reserve fund, offering added peace of mind for owners. Maintenance fees include hydro, heating, air conditioning, water, building insurance, and common area maintenance. Additional conveniences include garbage disposal from each floor, regular snow removal, exterior window cleaning, and meticulously maintained common areas throughout the building.

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$524,900 - 10 Malta Avenue Unit 503, Brampton

Condo for Sale in Brampton

45 days on market

Neighbourhood: Fletcher's Creek South

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13165806
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Brampton
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Rarely offered 3-bedroom plus solarium suite with THREE underground parking spaces, including a tandem parking arrangement ideal for larger vehicles, in the highly sought-after "The Coronation" in Brampton. Offering approximately 1,416 sq. ft. of functional living space, this spacious residence is ideal for growing or multi-generational families seeking comfort, convenience, and exceptional value.Ideally located minutes from Highways 407, 401, and 410, and with the upcoming Hurontario LRT nearby, this location provides outstanding connectivity for commuters and everyday living. The thoughtfully designed layout features expansive living and dining areas, 3 generously sized bedrooms plus a bright solarium, a large primary bedroom with private ensuite featuring separate tub and shower, and balconies accessible from two bedrooms.The kitchen includes a breakfast area along with refrigerator, stove, microwave, and a separate laundry room with washer and dryer. The rare three parking spaces provide unmatched practicality and flexibility seldom found in comparable condominium offerings.Residents enjoy an exceptional lifestyle with 24/7 on-site security personnel in addition to a comprehensive building security camera surveillance system. Outstanding amenities include an indoor swimming pool, sauna, fitness centre, squash court, tennis court, billiards room, table tennis room, party room, library, barbecue area, walking trails, and beautifully landscaped gardens.The building is known for strong management and a healthy reserve fund, offering added peace of mind for owners. Maintenance fees include hydro, heating, air conditioning, water, building insurance, and common area maintenance. Additional conveniences include garbage disposal from each floor, regular snow removal, exterior window cleaning, and meticulously maintained common areas throughout the building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,693.01/mo

Includes CMHC insurance ($14,645)

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5-yr fixed avg.

Principal: $472,410Interest: $320,848
Mortgage Amount$487,055
Total Interest$320,848
Est. Property Tax$372/mo
Total Cost$807,903

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.

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Neighbourhood Guide: Fletcher's Creek South

Discover Fletcher's Creek South

Fletcher's Creek South 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 Fletcher's Creek South

  • 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

Fletcher's Creek South 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

10 Malta Avenue Unit 503, Brampton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$1,689

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 - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $375/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 45 days on site, 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

About Fletcher's Creek South

I know Fletcher's Creek South well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    10 Malta Avenue Unit 503, Brampton | $524,900 | Battaglia Team