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Market Data as of August 31, 2026

Rhythm Condos & Lofts — Rental Market Data

215 Queen St E, Brampton, Ontario L6W 0A9
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,100
1-Bedroom + Den
1
$2,150
3-Bedroom+
1
$1,450

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2010
Total Suites240
DeveloperMattamy Homes

Rhythm Condos & Lofts is an established residential building located at 215 Queen St E in the Brampton Central submarket, developed by Mattamy Homes and completed in 2010. Comprising 240 suites across its footprint, the property currently maintains 4 active listings, translating to an availability rate of 1.7%. Leasing velocity remains active, recording 7 leases over the past 30 days with an average of 15 days on market, alongside 31 closed leases over the past 90 days averaging 20 days on market.

Active asking rents average $1,950 per month at $3.51 per square foot, which contrasts with realized 90-day lease averages of $2,209 per month at $4.59 per square foot. Current listings feature an average suite size of 601 square feet, compared to historical leased averages of 492 square feet. The building's active asking rate of $3.51 per square foot closely mirrors the wider submarket asking benchmark of $3.48 per square foot.

Marketing friction remains low, evidenced by an average of 21 days on market for active inventory compared to 59 days for unrented delisted units. Tenants hold a favorable negotiating position, securing an average discount of $5 per month, or 0.20% below asking, with 12.9% of leases closing under asking. Inventory selection is heavily concentrated in 1-bedroom layouts holding a 50% share, while 1-bedroom plus den and 3-bedroom-plus configurations offer limited single-listing availability.

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Active Rental Inventory & Asking Rates

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

Active Units4
-4 (44.4%)
Avg Asking Rent$1,950
-$470 (19.2%)
Avg Suite Size601 sf
+11 sf (1.8%)
Avg Days on Market21d
+18d (138.5%)
Avg Asking $/SF$3.51
-$0.74 (17.6%)

Active Market Insights & Questions

How has rental availability changed at Rhythm Condos & Lofts recently?

Rhythm Condos & Lofts features 4 active listings as of August 31, 2026, with an asking price range spanning from $1,450 to $2,200 per month, an average rent of $1,950 per month, and a median rent of $2,075 per month. Active suites average 601 square feet at an asking rate of $3.51 per square foot. The 1-bedroom layout dominates active availability with a 50% inventory share, indicating that current options skew toward compact, entry-level suites alongside sparse multi-bedroom configurations.

What floor plans and unit layouts are currently available at Rhythm Condos & Lofts?

The dominant active layout at Rhythm Condos & Lofts is the 1-bedroom configuration, accounting for 2 listings and a 50% inventory share with an average rent of $2,100 per month across an average of 502 square feet at $4.41 per square foot. Additional inventory includes a single 1-bedroom plus den listing representing a 25% share, priced at $2,150 per month across 650 square feet at $3.31 per square foot. Rounding out the selection is one 3-bedroom-plus suite holding the remaining 25% share, asking $1,450 per month across 750 square feet at $1.93 per square foot.

What is the average asking rent and $/SF by suite size at Rhythm Condos & Lofts?

Rhythm Condos & Lofts exhibits a minimum entry rent of $1,450 per month and a peak asking rent of $2,200 per month, creating a dollar spread of $750 or 51.7%. The median asking rent sits at $2,075 per month. The entry-level option consists of a 3-bedroom-plus suite offering 750 square feet at an asking rate of $1.93 per square foot, while the peak tier is anchored by a compact 1-bedroom suite spanning 400 square feet at an asking rate of $5.50 per square foot.

How much extra do parking spaces and dens cost at Rhythm Condos & Lofts?

Rhythm Condos & Lofts commands an active den premium of $50 per month for an additional 149 square feet of interior space. This extra den area reflects a marginal cost of $0.34 per square foot. Meanwhile, active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Rhythm Condos & Lofts compare to local and municipal benchmarks?

Rhythm Condos & Lofts asks an average of $1,950 per month at $3.51 per square foot, compared to the Brampton Central submarket asking benchmark of $2,469 per month at $3.48 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot tracks 0.9% above the submarket asking average while accounting for 32 active listings across the broader area.

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 Rhythm Condos & Lofts (Data period: For the month of August 2026).

Units Leased7
Avg Leased Price$2,571
Avg Leased Size492 sf
Avg Days to Lease15d
Leased $/SF$4.88

Leased Transaction Insights & Questions

How many suites were leased at Rhythm Condos & Lofts last month, and how fast did they rent?

At Rhythm Condos & Lofts, leases closed in an average of 15 days over the past 30 days, 20 days over the past 90 days, and 20 days across all historical tracked periods, compared to a Brampton Central submarket benchmark of 27 days. Leasing turnover accelerated significantly through the late summer months as rental demand surged across the building.

What is the negotiation spread between asking rents and closed lease prices at Rhythm Condos & Lofts?

At Rhythm Condos & Lofts, transactions settled with an average discount of $5 per month, representing a 0.2% concession below asking and yielding $60 in annual tenant savings. Exactly 12.9% of leases closed under asking price, reflecting mild tenant negotiation leverage and modest landlord concessions.

What are typical executed lease prices across different layouts at Rhythm Condos & Lofts?

Studio and 1-Bedroom suites anchored the highest leasing volumes at Rhythm Condos & Lofts, averaging $1,844 per month across 15 days on market and $2,036 per month across 32 days on market, respectively. Representing a robust sample size of 13 closed leases, Studio suites averaged 400 square feet at $4.61 per square foot with a median rent of $1,850 per month and an interquartile range between $1,800 and $1,900 per month. Backed by a moderate sample of 7 closed leases, 1-Bedroom units averaged 441 square feet at $4.79 per square foot with a median rent of $2,000 per month and an interquartile range from $2,000 to $2,075 per month. Supported by a small sample of 4 closed leases, 2-Bedroom floor plans averaged 604 square feet at $4.23 per square foot for $2,488 per month with a median rent of $2,550 per month and a P25-P75 range of $2,488 to $2,550 per month over 16 days on market. Backed by a small sample of 3 closed leases, 1-Bedroom + Den layouts averaged 483 square feet at $4.64 per square foot for $2,125 per month with a median rent of $2,100 per month and a P25-P75 range between $2,100 and $2,138 per month over 13 days on market. Representing a small sample of 3 closed leases, 3-Bedroom+ configurations averaged 750 square feet at $5.11 per square foot for $3,833 per month with a median rent of $3,800 per month and an interquartile range of $3,750 to $3,900 per month over 27 days on market. Representing an individual single deal rather than a broad statistical benchmark, the sole closed 2-Bedroom + Den lease measured 850 square feet and secured $2,425 per month at $2.85 per square foot over 29 days on market (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Rhythm Condos & Lofts?

At Rhythm Condos & Lofts, paired parking data was insufficient to reliably isolate a distinct monthly parking premium. Parking stalls were largely bundled into overarching lease agreements without separate line-item values, and active asking data remained inconclusive.

How does the lease-to-listing ratio at Rhythm Condos & Lofts reflect current tenant demand?

At Rhythm Condos & Lofts, monthly average rents followed a steady upward trajectory from early summer through late August. June recorded 17 closed deals averaging $2,014 per month at $4.46 per square foot over 19 days on market. July posted 7 closed transactions averaging $2,318 per month at $4.63 per square foot over 29 days on market. August finalized the summer period with 7 closed leases averaging $2,571 per month at $4.88 per square foot over 15 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,400
Avg Suite Size750 sf
Avg Days on Market59d
Delisted $/SF$3.20

De-Listed Market Analysis & Questions

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

At Rhythm Condos & Lofts, 1 unit was delisted, representing a delisted-to-leased ratio of 14.3% with the total pool consisting entirely of expired listings rather than terminated or suspended entries. This reflects a healthy market conversion rate where roughly 1 listing was pulled for every 7 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Rhythm Condos & Lofts?

At Rhythm Condos & Lofts, unrented units asked $171 per month below realized lease averages nominally ($2,400 per month vs. $2,209 per month), driven by smaller average floor plans. However, unrented units commanded a lower rate per square foot ($3.20 per square foot vs. $4.59 per square foot), demonstrating that prospective tenants rejected wider market pricing structures on those specific profiles.

What market friction causes rental listings to stall or de-list at Rhythm Condos & Lofts?

At Rhythm Condos & Lofts, delisted units lingered on the market for an average of 59 days compared to 15 days for successfully leased properties. This excess marketing duration of 44 days imposes a tangible vacancy holding cost, translating to roughly 1.5 months of lost rental income plus ongoing monthly maintenance fees for overpriced inventory.

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)
2026-05-01122004005.50N/A
2026-05-02221004005.251
2026-05-03221004005.252
2026-05-04221004005.253
2026-05-05322335174.612
2026-05-06322335174.613
2026-05-07322335174.614
2026-05-08421134884.554
2026-05-09421134884.555
2026-05-10421134884.556
2026-05-11421134884.557
2026-05-12421134884.558
2026-05-13421134884.559
2026-05-14421134884.5510
2026-05-15421134884.5511
2026-05-16421134884.5512
2026-05-17421134884.5513
2026-05-18520804704.6211
2026-05-19520804704.6212
2026-05-20621425334.3311
2026-05-21621425334.3312
2026-05-22621425334.3313
2026-05-23721365144.4612
2026-05-24721365144.4613
2026-05-25721365144.4614
2026-05-26821385004.5713
2026-05-27921224894.6213
2026-05-28921224894.6214
2026-05-29921224894.6215
2026-05-30921224894.6216
2026-05-31921224894.6217
2026-06-011120824734.6414
2026-06-021120824734.6415
2026-06-031220634674.6415
2026-06-041220634674.6416
2026-06-051120504734.5715
2026-06-061020754804.5718
2026-06-071020754804.5719
2026-06-081120864864.5017
2026-06-091020854954.4218
2026-06-10920945064.3620
2026-06-11920945064.3621
2026-06-121020654954.3720
2026-06-131020654954.3721
2026-06-141020654954.3722
2026-06-151020654954.3723
2026-06-161122145184.4221
2026-06-171222425214.4421
2026-06-181122234914.5821
2026-06-191022505004.5521
2026-06-201222255254.3318
2026-06-211222255254.3319
2026-06-221421885074.4217
2026-06-231721365054.3515
2026-06-241721365054.3516
2026-06-251621545124.3317
2026-06-261621885344.2418
2026-06-271421945434.2116
2026-06-281322255544.1918
2026-06-291122575494.2721
2026-06-30823665734.2722
2026-07-01823665734.2723
2026-07-02724395984.2226
2026-07-03824346174.1024
2026-07-04824346174.1025
2026-07-05824346174.1026
2026-07-06824346174.1027
2026-07-07724716483.9029
2026-07-08724716483.9030
2026-07-09625426424.0634
2026-07-10625426424.0635
2026-07-11625426424.0636
2026-07-12625426424.0637
2026-07-13625426424.0638
2026-07-14625426424.0639
2026-07-15823815814.2330
2026-07-16823815814.2331
2026-07-17823815814.2332
2026-07-18723645574.3627
2026-07-19723645574.3628
2026-07-20723645574.3629
2026-07-21723435574.3019
2026-07-22623085584.2517
2026-07-23420635503.9516
2026-07-24626756174.3711
2026-07-25626756174.3712
2026-07-26626756174.3713
2026-07-27726576074.4112
2026-07-28825755814.4812
2026-07-29825755814.4813
2026-07-30924506004.2012
2026-07-31924506004.2013
2026-08-01924506004.2014
2026-08-02824386064.1416
2026-08-03824386064.1417
2026-08-04725006364.0220
2026-08-05824196064.1018
2026-08-06824196064.1019
2026-08-07824386323.9320
2026-08-08725146653.8220
2026-08-09626257093.6822
2026-08-10626257093.6823
2026-08-11626257093.6824
2026-08-12626257093.6825
2026-08-13626257093.6826
2026-08-14623586513.7523
2026-08-15623586513.7524
2026-08-16623586513.7525
2026-08-17520306313.4427
2026-08-18520306313.4428
2026-08-19520306313.4429
2026-08-20520306313.4430
2026-08-21620506343.4126
2026-08-22620506343.4127
2026-08-23620506343.4128
2026-08-24620506343.4129
2026-08-25620506343.4130
2026-08-26620506343.4131
2026-08-27620506343.4132
2026-08-28620506343.4133
2026-08-29620506343.4134
2026-08-30620506343.4135
2026-08-31519806113.4631

12-Month Market Dynamics & Trend Trajectory

Rhythm Condos & Lofts has established a solid historical leasing record with 31 total closed transactions averaging $2,209 per month at $4.59 per square foot across an average suite size of 492 square feet. Properties across the building achieved a lifetime average days on market of 20 days, signaling healthy and consistent tenant turnover within the Brampton Central submarket. Pricing discipline across the tower favored moderate flexibility, with 12.9% of transactions securing tenant concessions below asking. Leases settled with an average discount of $5 per month, saving tenants $60 annually and reflecting a mildly tenant-favorable leasing environment where landlords accommodated slight price adjustments to secure stable occupancy.

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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
Max 2 selected
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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)
2026-05-31220004005.0020
2026-06-07320674005.1713
2026-06-14221636253.8031
2026-06-21419804384.5224
2026-06-28719504884.1914
2026-07-05221135424.2216
2026-07-120N/AN/AN/AN/A
2026-07-19425385254.8340
2026-07-260N/AN/AN/AN/A
2026-08-02420884384.7810
2026-08-09228255754.8520
2026-08-16140007505.3324

Nearby Building Rental Comparables & Price Spreads

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

Rhythm Condos & Lofts at 215 Queen St E competes directly with a diverse micro-market set of nearby residential buildings, including Symphony Condominiums at 15 Lynch St (completed in 2023, 0.46 kilometers away, with 11 active listings), Park Place Condominiums at 100 John St (built in 2011, 0.71 kilometers away, with 5 active listings), Belvedere at Market Square at 1 Belvedere Crt (built in 1998, 1.07 kilometers away, with 0 active listings), and the infill property at 26 Sterne Avenue (completed in 2026, 1.09 kilometers away, with 1 active listing). These properties represent a structural spectrum spanning established 1990s developments to modern 2020s construction. Across the competitive set, the overall comp average lease rent sits at $2,314 per month, with an average rate of $2.98 per square foot across an average suite size of 795 square feet. Positioned within this Brampton Central micro-market, Rhythm Condos & Lofts (built in 2010) offers a mid-generation footprint that balances the larger layouts typical of older developments with the modern conveniences expected by contemporary renters, commanding a premium rate per square foot relative to the broader comp average due to efficient space utilization and strong central positioning.

15 Lynch St, Brampton

Avg Asking$2,398/mo
Avg $/SF$3.18
Rent Spread:
+$418/mo (+21.1%) Higher

100 John St, Brampton

Avg Asking$2,367/mo
Avg $/SF$2.97
Rent Spread:
+$387/mo (+19.5%) Higher

1 Belvedere Crt, Brampton

Avg Asking$2,525/mo
Avg $/SF$3.00
Rent Spread:
+$545/mo (+27.5%) Higher

26 Sterne Avenue, Brampton

Avg Asking$2,300/mo
Avg $/SF$2.71
Rent Spread:
+$320/mo (+16.2%) Higher

9 George St N, Brampton

Avg Asking$2,300/mo
Avg $/SF$3.27
Rent Spread:
+$320/mo (+16.2%) Higher

15 Elizabeth Street N, Brampton

Avg Asking$2,850/mo
Avg $/SF$3.00
Rent Spread:
+$870/mo (+43.9%) Higher

Comparable Analysis & Questions

How do rental rates at Rhythm Condos & Lofts compare to neighbouring buildings within Brampton Central?

Rhythm Condos & Lofts achieves an average lease rent that compares closely against the overall comp benchmark of $2,314 per month across nearby properties like Symphony Condominiums and Park Place Condominiums. Symphony Condominiums (15 Lynch St) reports an average lease rent of $2,323 per month at $3.28 per square foot across an average of 745 square feet. Park Place Condominiums (100 John St) registers an average lease rent of $2,320 per month at $2.95 per square foot across an average of 790 square feet. Belvedere at Market Square (1 Belvedere Crt) shows no active lease metrics for the period, while the property at 26 Sterne Avenue records an average lease rent of $2,300 per month at $2.71 per square foot across an average size of 850 square feet.

Does Rhythm Condos & Lofts offer a competitive price-per-square-foot ($/SF) against local comparables?

Rhythm Condos & Lofts positions its value proposition around an efficient layout structure, delivering competitive per-square-foot economics compared to the broader submarket benchmark of $3.75 per square foot. Renters evaluating the building weigh trade-offs between modern finishings and compact footprints against older, larger alternatives in the immediate area. For instance, while properties like the 850-square-foot suites at 26 Sterne Avenue lease at $2.71 per square foot, and 790-square-foot units at Park Place Condominiums lease at $2.95 per square foot, Rhythm Condos & Lofts provides highly functional square footage that appeals to tenants seeking manageable utility burdens and modern building infrastructure without sacrificing central accessibility.

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

Rhythm Condos & Lofts delivers an extensive lifestyle and amenity package that stands out competitively against peer buildings in Brampton Central. Signature amenities at the subject property include a Concierge & Security service, a Car Wash Bay, a fully equipped Gym & Fitness Centre, a Party & Lounge Room, and a dedicated Media & Theatre Room. When compared against nearby alternatives, the building matches or exceeds peer offerings: Symphony Condominiums features a Rooftop Terrace, a Kids' Play Room - Indoor, and a Dining Room & Kitchen; Park Place Condominiums includes a Yoga Studio, a Library & Reading Room, and Wine Lockers; and Belvedere at Market Square incorporates an Indoor Pool alongside traditional courtyard spaces. This robust amenity suite positions Rhythm Condos & Lofts particularly well to attract urban professionals and downsizers seeking comprehensive building services.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Rhythm Condos & Lofts.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Rhythm Condos & Lofts.

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.