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Listed 1 month ago

408 - 225 Malta Avenue S

Fletcher's Creek South, Brampton

$649,000

Condo Apartment |
3 | 2 | 0 | 1
About this home

Brand New 3 Bedroom, 2 Bathroom Corner Unit, Open Concept Layout, Stainless Steel Appliances, Large Windows For Natural Light. Prime Location In Brampton Near Shopper's World, Brampton Gateway Bus Terminal And 2 Minute Walk To Sheridan College. Gym, Party Room, 24 Hour Security. Easy Access to Hwy 410, 401 and 407 And Much More!! Parking Space Available To Purchase $50,000 + HST. Condo Is Virtual Staged

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size1000-1199 sq. ft.
Maintenance Fees$676
LockerOwned
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$5,264
mls© NumberW13610660
Listed ByRE/MAX HALLMARK REALTY LTD.
Common Elements 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%
$3,322
Property tax
$439
Heat allowance
$150
Condo fees, half counted
$338
Housing costs
$4,248 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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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