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New3 hours ago

512 - 225 Malta Avenue

Fletcher's Creek South, Brampton

$484,900

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

2 Bedrooms Condo unit in 2 year old building in Brampton, Close to all amenities, Main intersection is Steeles Ave West and Hurontario St, Very close to Sheridan College, Easy access to Hwy 410/ Hwy 401/407, Open Balcony

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$624
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,280
mls© NumberW13741238
Listed ByCOMMITMENT REALTY LTD.
Heat Included
Common Elements Included
Building Insurance Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,482
Property tax
$190
Heat allowance
$150
Condo fees, half counted
$312
Housing costs
$3,134 / mo

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

Down payment20% · $96,980
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$96,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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