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New3 hours ago

1608 - 225 Malta Avenue

Fletcher's Creek South, Brampton

$649,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome To This Beautiful 2 Bedroom, 2 Bathroom Condo. This 2 Years Old Unit Features A Modern Upgraded Kitchen, Hardwood Flooring Throughout, Spacious Living And Dining Areas, And A Private Balcony With Breathtaking Views. Bright, Open And Finished With Modern Touches Throughout. Includes 1 Underground Parking Spot. Excellent Location Close To Shoppers World, Sheridan College, Shopping, Restaurants, And Major Highways Including 407 & 410. Building Amenities Include 24-Hour Concierge, Fully Equipped Gym, Library, Kids' Play Area, Party Room, Studio/Workspaces, And An Outdoor Terrace With BBQ Areas And A Large Party Space Perfect For Entertaining. A Great Opportunity For First-Time Buyers, Investors Or Those Looking For A Modern Home In A Convenient Location.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$650
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,190
mls© NumberW13712212
Listed ByRE/MAX REALTY SERVICES INC.
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$325
Housing costs
$4,151 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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