1106- 260 Malta Avenue, Brampton
Brampton
$449,000
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Real Estate Associates
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
92
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,900/mo
Estimated from market price-to-rent ratios
Remarks
Fantastic price for a never lived-in condo, built in 2025!! This 1+1 bed unit includes 1 parking spot and 1 locker. Conveniently located on Steeles Ave W in between Hurontario St. and McLaughlin Rd. S., just north of Mississauga, this condo is near major transit routes, including the future Hurontario LRT. The building is also situated across the street from Shoppers World, a block away from Sheridan College minutes, and minutes to big box stores like Wal-Mart and Costco, as well as major highways. With 24-hour concierge, gym and studio, work spaces, outdoor terrace space, and party room, this property is perfect for first-time buyers and long-term minded investors!
MississaugaInvestor.ca
1106- 260 Malta Avenue
Condo Apartment · 2bd/1ba · ~650 sqft
$449,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.73%
Monthly Cash Flow
-$1,418/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-17.32%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,067 |
| Property Tax | −$423 |
| Insurance | −$225 |
| Condo Fee | −$508 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$1,418/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$5,074 |
| Insurance | −$2,700 |
| Condo Fee | −$6,096 |
| Annual NOI | $7,790 |
| Cap Rate | 1.73% |
Cash Required to Close
| Down Payment (20%) | $89,800 |
| Ontario Land Transfer Tax | $5,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $98,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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