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Market Data as of August 31, 2026

Stella at Southside Condos — Rental Market Data

209 Steeles Avenue W, Brampton, Ontario L6Y 0B5
Quick Rent Estimate
Active Suites10 Available
Type
Units
Avg Rent
2-Bedroom
8
$2,686
1-Bedroom
1
$2,130
1-Bedroom + Den
1
$2,191

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2022
Total Suites752
Developeri-Squared Developments

Stella at Southside Condos, located at 209 Steeles Avenue W in the Brampton Central submarket, is a 752-suite residential building completed in 2022 by i-Squared Developments. The property maintains 10 active listings representing a 1.3 percent availability rate, supported by a 90-day leasing volume of 4 closed units averaging 43 days on the market, alongside a 30-day closed volume of 2 units averaging 51 days on the market.

Active asking rents average $2,581 per month at $3.67 per square foot across an average suite size of 710 square feet, compared to realized 90-day leases averaging $2,283 per month at $3.80 per square foot across an average size of 600 square feet. Current listings skew toward larger multi-bedroom floor plans than historical leases. The active asking rate per square foot exceeds the Brampton Central submarket asking benchmark of $3.48 per square foot by 5.5 percent.

Unrented units that were delisted averaged 23 days on the market with an asking price of $2,582 per month, sitting $55 per month above realized lease averages and indicating overpricing relative to completed deals. Tenants secured a tenant-favorable leasing environment over the past 90 days, negotiating an average discount of $21 per month or 0.79 percent below asking, with 25 percent of leases closing below asking. Prospective tenants will find deep selection within 2-Bedroom layouts holding 80 percent of inventory, while 1-Bedroom and 1-Bedroom + Den tiers offer strictly limited single-listing availability.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Stella at Southside Condos as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units10
0
Avg Asking Rent$2,581
-$9 (0.3%)
Avg Suite Size710 sf
+20 sf (2.9%)
Avg Days on Market23d
+12d (102.6%)
Avg Asking $/SF$3.67
-$0.10 (2.8%)

Active Market Insights & Questions

How has rental availability changed at Stella at Southside Condos recently?

Stella at Southside Condos features 10 active listings as of August 31, 2026, with asking prices ranging from $2,130 to $2,862 per month, an average monthly rent of $2,581 per month, and a median monthly rent of $2,642 per month. Active listings average 710 square feet with an average asking rate of $3.67 per square foot across the portfolio. Two-bedroom floor plans dominate the active inventory with an 80 percent share, driving the portfolio toward larger multi-bedroom executive layouts rather than compact entry-level units.

What floor plans and unit layouts are currently available at Stella at Southside Condos?

Two-Bedroom suites represent the dominant active layout at Stella at Southside Condos, supplying 80 percent of active inventory across 8 listings with an average rent of $2,686 per month, a median of $2,727 per month, and an average size of 750 square feet at $3.61 per square foot. One-Bedroom units comprise a limited single-listing sample accounting for 10 percent of inventory, offering an average rent of $2,130 per month across 550 square feet at $3.87 per square foot. One-Bedroom + Den suites also represent a single-listing sample holding a 10 percent share, priced at an average of $2,191 per month across 550 square feet at $3.98 per square foot.

What is the average asking rent and $/SF by suite size at Stella at Southside Condos?

Stella at Southside Condos displays an entry rent of $2,130 per month and a peak asking rent of $2,862 per month, generating a dollar spread of $732 per month and a percentage spread of 34.4 percent. The median asking rent sits at $2,642 per month across the available inventory. The entry-level tier consists of a 1-Bedroom suite measuring 550 square feet priced at $3.87 per square foot, while the peak tier is anchored by a 2-Bedroom suite measuring 850 square feet priced at $3.37 per square foot.

How much extra do parking spaces and dens cost at Stella at Southside Condos?

Stella at Southside Condos commands an active den premium of $61 per month for a square footage delta of 0 square feet between 1-Bedroom and 1-Bedroom + Den layouts. The marginal cost per square foot for the extra den space cannot be quantified as the square footage delta is zero. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Stella at Southside Condos compare to local and municipal benchmarks?

Stella at Southside Condos asks an average rent of $2,581 per month at $3.67 per square foot, comparing to the Brampton Central submarket asking benchmark of $2,469 per month at $3.48 per square foot. The higher nominal rent is driven by larger average suite sizes rather than cheaper unit pricing. The building's asking rate per square foot exceeds submarket benchmarks by 5.5 percent, while its 10 active listings represent 31.3 percent of the submarket's 32 active listings.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Stella at Southside Condos (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,527
Avg Leased Size600 sf
Avg Days to Lease51d
Leased $/SF$3.89

Leased Transaction Insights & Questions

How many suites were leased at Stella at Southside Condos last month, and how fast did they rent?

At Stella at Southside Condos, the 30-day days on market averaged 51 days while the 90-day days on market reached 43 days, outpacing the Brampton Central submarket benchmark of 27 days. Closed lease counts registered 2 deals over the past 30 days and 4 deals over the past 90 days. This leasing turnover demonstrates a modest volume expansion heading into the late summer months.

What is the negotiation spread between asking rents and closed lease prices at Stella at Southside Condos?

At Stella at Southside Condos, leases closed at an average monthly discount of $21 per month, representing a 0.79% reduction below asking and yielding annual tenant savings of $252 per year. Approximately 25.0% of leases closed under asking, reflecting a mild tenant-favorable shift in market leverage.

What are typical executed lease prices across different layouts at Stella at Southside Condos?

The highest-volume anchor layouts at Stella at Southside Condos are 1-Bedroom and 2-Bedroom floor plans. For 1-Bedroom units, the limited sample of 2 closed leases achieved an average rent of $2,040 per month, with a median of $2,040 per month, a P25-P75 range of $1,984 to $2,095 per month, an average size of 550 square feet, a rate of $3.71 per square foot, and 35 days on market (note that this represents a limited sample rather than a broad statistical benchmark). For 2-Bedroom units, the limited sample of 2 closed leases recorded an average rent of $2,527 per month, with a median of $2,526 per month, a P25-P75 range of $2,511 to $2,542 per month, an average size of 650 square feet, a rate of $3.89 per square foot, and 51 days on market (note that this represents a limited sample rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Stella at Southside Condos?

At Stella at Southside Condos, paired parking data was insufficient to isolate a distinct monthly parking premium. Parking stalls were bundled directly into overarching suite agreements or omitted from distinct line-item tracking. Active asking data similarly lacks sufficient paired samples to reliably extract standalone parking fees.

How does the lease-to-listing ratio at Stella at Southside Condos reflect current tenant demand?

At Stella at Southside Condos, overall monthly rent followed an upward trajectory across the tracked summer timeline. In July 2026, 2 closed deals averaged $2,040 per month at $3.71 per square foot with 35 days on market. In August 2026, 2 closed deals averaged $2,527 per month at $3.89 per square foot with 51 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Stella at Southside Condos (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$2,582
Avg Suite Size700 sf
Avg Days on Market23d
Delisted $/SF$3.70

De-Listed Market Analysis & Questions

How many listings de-listed at Stella at Southside Condos, and what was their re-listing price compared to previous asking?

At Stella at Southside Condos, a total of 2 units were delisted, resulting in a delisted-to-leased ratio percentage of 100%. The unrented breakdown consists of 2 terminated listings, 0 expired listings, and 0 suspended listings. This indicates exactly 1 listing pulled for every successful lease executed.

How do asking prices on de-listed suites compare to executed leases and active listings at Stella at Southside Condos?

At Stella at Southside Condos, unrented units asked an average of $2,582 per month, which is $55 per month above realized lease averages of $2,527 per month, accompanied by a rate-per-square-foot figure of $3.70 per square foot versus $3.80 per square foot. Unrented units were overpriced relative to realized leases.

What market friction causes rental listings to stall or de-list at Stella at Southside Condos?

At Stella at Southside Condos, delisted units averaged 23 days on market compared to 43 days for realized leases, reflecting an excess marketing duration difference of -28 days. This faster removal of unrented inventory prevented prolonged vacancy carry costs.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-24324656173.99N/A
2026-05-25324656173.991
2026-05-26324656173.992
2026-05-27324656173.993
2026-05-28324656173.994
2026-05-29324656173.995
2026-05-30324656173.996
2026-05-31324656173.997
2026-06-01324656173.998
2026-06-02324656173.999
2026-06-03324656173.9910
2026-06-04324656173.9911
2026-06-05324656173.9912
2026-06-06324656173.9913
2026-06-07324656173.9914
2026-06-08324656173.9915
2026-06-09324656173.9916
2026-06-10324656173.9917
2026-06-11324656173.9918
2026-06-12324656173.9919
2026-06-13324656173.9920
2026-06-14324656173.9921
2026-06-15324656173.9922
2026-06-16324656173.9923
2026-06-17324656173.9924
2026-06-18324656173.9925
2026-06-19324656173.9926
2026-06-20324656173.9927
2026-06-21324656173.9928
2026-06-22324656173.9929
2026-06-23324656173.9930
2026-06-24324656173.9931
2026-06-25324656173.9932
2026-06-26324656173.9933
2026-06-27324656173.9934
2026-06-28324656173.9935
2026-06-29324656173.9936
2026-06-30324656173.9937
2026-07-01324656173.9938
2026-07-02324656173.9939
2026-07-03324656173.9940
2026-07-04324656173.9941
2026-07-05324656173.9942
2026-07-06324656173.9943
2026-07-07324656173.9944
2026-07-08324656173.9945
2026-07-09324656173.9946
2026-07-10324656173.9947
2026-07-11324656173.9948
2026-07-12324656173.9949
2026-07-13324656173.9950
2026-07-14324656173.9951
2026-07-15324656173.9952
2026-07-16223956003.9953
2026-07-17623886333.7718
2026-07-18623886333.7719
2026-07-19623886333.7720
2026-07-20623886333.7721
2026-07-21524366503.7515
2026-07-22524366503.7516
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2026-07-24524366503.7518
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2026-07-26524366503.7520
2026-07-27524366503.7521
2026-07-28524366503.7522
2026-07-29425626753.8126
2026-07-30826447133.7313
2026-07-311025906903.7811
2026-08-011025906903.7812
2026-08-021025906903.7813
2026-08-031025906903.7814
2026-08-041025906903.7815
2026-08-05926006943.7716
2026-08-06926006943.7717
2026-08-07926006943.7718
2026-08-08926006943.7719
2026-08-09926006943.7720
2026-08-10926006943.7721
2026-08-11926006943.7722
2026-08-12926006943.7723
2026-08-13826006883.8124
2026-08-14925476723.8122
2026-08-15825366753.7816
2026-08-16825366753.7817
2026-08-17825366753.7818
2026-08-18825366753.7819
2026-08-19725336793.7620
2026-08-20725336793.7621
2026-08-21725336793.7622
2026-08-22725336793.7623
2026-08-23725336793.7624
2026-08-24725336793.7625
2026-08-25825216753.7622
2026-08-26825216753.7623
2026-08-27825216753.7624
2026-08-28825216753.7625
2026-08-291025817103.6721
2026-08-301025817103.6722
2026-08-311025817103.6723

12-Month Market Dynamics & Trend Trajectory

Stella at Southside Condos achieved a lifetime leasing volume of 4 transactions with an overall average rent of $2,283 per month, a rate of $3.80 per square foot, and an average suite size of 600 square feet. Lifetime days on market averaged 43 days, pointing to steady tenant absorption across the building's operational history. Transaction distribution revealed that 25.0% of leases successfully negotiated concessions below asking price. The net negotiation spread settled at a discount of $21 per month or 0.79% below initial asking rates, reinforcing a mildly tenant-favorable leasing environment.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-07-19121505503.9158
2026-07-26119295503.5112
2026-08-02124966503.8419
2026-08-09125576503.9383

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Stella at Southside Condos operates within a competitive cluster of high-density residential properties in Brampton Central, anchored by nearby developments such as Stella at Southside at 225 Malta Ave (0.06 km away, completed in 2025, with 9 active lease transactions), Duo Condos at 245 Steeles Ave W / 260 Malta Ave (0.09 km away, completed in 2025, with 30 active leases), and the development located at 490 Malta Avenue (0.03 km away, completed in 2026, with 1 active lease). A wider historical baseline is established by The Imperial at 30 Malta Avenue (0.92 km away, built in 1991, with 2 active leases), representing an older structural generation characterized by substantially larger floor plans. Across this micro-market, the overall competitor benchmark averages an average monthly rent of $2,341 per month, a rate of $3.05 per square foot, and an average suite size of 830 square feet. Positioned with 752 total suites, Stella at Southside Condos aligns closely with modern mid-rise and high-rise developments in the immediate vicinity while commanding a premium per square foot over older inventory due to its contemporary suite finishes, compact efficiency, and modern building systems.

490 Malta Avenue, Brampton

Avg Asking$2,100/mo
Avg $/SF$3.23
Rent Spread:
-$481/mo (-18.6%) Lower

225 Malta Ave, Brampton

Avg Asking$2,450/mo
Avg $/SF$3.54
Rent Spread:
-$131/mo (-5.1%) Lower

245 Steeles Ave W / 260 Malta Ave, Brampton

Avg Asking$2,233/mo
Avg $/SF$3.46
Rent Spread:
-$348/mo (-13.5%) Lower

30 Malta Avenue, Brampton

Avg Asking$2,692/mo
Avg $/SF$2.11
Rent Spread:
+$111/mo (+4.3%) Higher

10 Malta Avenue, Brampton

Avg Asking$2,500/mo
Avg $/SF$1.69
Rent Spread:
-$81/mo (-3.2%) Lower

300 Ray Lawson Blvd, Brampton

Avg Asking$2,650/mo
Avg $/SF$3.42
Rent Spread:
+$69/mo (+2.7%) Higher

Comparable Analysis & Questions

How do rental rates at Stella at Southside Condos compare to neighbouring buildings within Brampton Central?

Stella at Southside Condos achieves an average lease rent of $2,283 per month, closely tracking the overall competitor average of $2,341 per month across benchmark properties like Stella at Southside (225 Malta Ave), Duo Condos, and The Imperial. Individual competitor performance highlights diverse pricing structures: Stella at Southside (225 Malta Ave) reports an average lease rent of $2,422 per month at $3.58 per square foot across an average of 712 square feet; Duo Condos at 245 Steeles Ave W / 260 Malta Ave averages $2,215 per month at $3.33 per square foot across 670 square feet; the property at 490 Malta Avenue records an average lease rent of $2,100 per month at $3.23 per square foot across 650 square feet; and the mature alternative at 30 Malta Avenue (The Imperial) commands an average lease rent of $2,625 per month at $2.04 per square foot across a much larger average footprint of 1,288 square feet.

Does Stella at Southside Condos offer a competitive price-per-square-foot ($/SF) against local comparables?

Stella at Southside Condos establishes its value proposition through a modern leasing rate of $3.80 per square foot across an average suite size of 600 square feet, trading at a premium over older, larger-format buildings while offering superior layout efficiency compared to legacy stock. Renters evaluating this building versus alternatives like The Imperial at 30 Malta Avenue trade away expansive 1,288 square foot footprints (which lease at a lower rate per square foot) in favor of modern, lower-maintenance living spaces with reduced utility burdens. Conversely, when compared to newer neighbourhood peers such as Duo Condos at 245 Steeles Ave W / 260 Malta Ave (670 square feet at $3.33 per square foot) and Stella at Southside at 225 Malta Ave (712 square feet at $3.58 per square foot), the subject building provides highly compact, efficient living spaces tailored to urban renters prioritizing modern construction standards.

How do building age, amenities, and developer reputation impact rent spreads?

Stella at Southside Condos delivers a modern lifestyle and amenity package that aligns competitively with newer developments in the Brampton Central micro-market. Official building amenities have not yet been published in the supplied data for the subject property, preventing a direct feature-by-feature comparison against named competitors such as Stella at Southside (225 Malta Ave) and Duo Condos, which feature extensive lifestyle offerings including concierge and security services, fully equipped fitness centres, dedicated yoga and spin studios, multi-purpose party and lounge rooms, rooftop terraces, and indoor children's play areas. The supplied data provides amenities for Stella at Southside Condos but does not provide comparable amenity lists for the nearby buildings, so a direct amenity comparison cannot be established.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Stella at Southside Condos.

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Stella at Southside Condos.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.