Market Data as of August 31, 2026
Bellair on the Park II — Rental Market Data
Last Lease
3-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Bellair on the Park II is located at 22 Hanover Rd in Brampton's Brampton East submarket, developed by Bramalea and completed in 1990 as a 235-suite residential building. The property currently records zero active listings and an availability rate of 0%. Over the past 90 days, the building recorded 1 closed lease with an average days on market of 20, alongside a 30-day closed count of 0 leases with an unrecorded average days on market.
Historical leasing records show an average realized rent of $3,300 per month at $2.54 per square foot for recent 90-day transactions, sitting below the submarket asking benchmark of $3.02 per square foot due to more generous suite sizing averaging 1,075 square feet. Current inventory metrics for the building reflect zero active listings, making comparative rate analysis against submarket averages inapplicable at this time.
Leasing conditions reflect tenant-favorable leverage, where tenants secured an average discount of $75 per month, translating to 3.19% below asking price, with 50.0% of past leases closing under asking. There are zero active units currently listed on the market, meaning prospective tenants face complete inventory scarcity across all bedroom tiers at this property.
Get Monthly Rental Market Updates for Bellair on the Park II
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 2350 | 850 | 2.76 | 30 |
| 2026-04-28 | 1 | 2350 | 850 | 2.76 | 31 |
| 2026-04-29 | 1 | 2350 | 850 | 2.76 | 32 |
| 2026-04-30 | 1 | 2350 | 850 | 2.76 | 33 |
| 2026-05-01 | 1 | 2350 | 850 | 2.76 | 34 |
| 2026-05-02 | 1 | 2350 | 850 | 2.76 | 35 |
| 2026-05-03 | 1 | 2350 | 850 | 2.76 | 36 |
| 2026-05-04 | 1 | 2350 | 850 | 2.76 | 37 |
| 2026-05-05 | 1 | 2350 | 850 | 2.76 | 38 |
| 2026-05-06 | 1 | 2350 | 850 | 2.76 | 39 |
| 2026-05-07 | 1 | 2350 | 850 | 2.76 | 40 |
| 2026-05-08 | 1 | 2350 | 850 | 2.76 | 41 |
| 2026-05-09 | 1 | 2350 | 850 | 2.76 | 42 |
| 2026-05-10 | 1 | 2350 | 850 | 2.76 | 43 |
| 2026-05-11 | 1 | 2350 | 850 | 2.76 | 44 |
| 2026-05-12 | 1 | 2350 | 850 | 2.76 | 45 |
| 2026-05-13 | 1 | 2350 | 850 | 2.76 | 46 |
| 2026-05-14 | 1 | 2350 | 850 | 2.76 | 47 |
| 2026-05-15 | 1 | 2350 | 850 | 2.76 | 48 |
| 2026-05-16 | 1 | 2350 | 850 | 2.76 | 49 |
| 2026-05-17 | 1 | 2350 | 850 | 2.76 | 50 |
| 2026-05-29 | 1 | 3300 | 1300 | 2.54 | N/A |
| 2026-05-30 | 1 | 3300 | 1300 | 2.54 | 1 |
| 2026-05-31 | 1 | 3300 | 1300 | 2.54 | 2 |
| 2026-06-01 | 1 | 3300 | 1300 | 2.54 | 3 |
| 2026-06-02 | 1 | 3300 | 1300 | 2.54 | 4 |
| 2026-06-03 | 1 | 3300 | 1300 | 2.54 | 5 |
| 2026-06-04 | 1 | 3300 | 1300 | 2.54 | 6 |
| 2026-06-05 | 1 | 3300 | 1300 | 2.54 | 7 |
| 2026-06-06 | 1 | 3300 | 1300 | 2.54 | 8 |
| 2026-06-07 | 1 | 3300 | 1300 | 2.54 | 9 |
| 2026-06-08 | 1 | 3300 | 1300 | 2.54 | 10 |
| 2026-06-09 | 1 | 3300 | 1300 | 2.54 | 11 |
| 2026-06-10 | 1 | 3300 | 1300 | 2.54 | 12 |
| 2026-06-11 | 1 | 3300 | 1300 | 2.54 | 13 |
| 2026-06-12 | 1 | 3300 | 1300 | 2.54 | 14 |
| 2026-06-13 | 1 | 3300 | 1300 | 2.54 | 15 |
| 2026-06-14 | 1 | 3300 | 1300 | 2.54 | 16 |
| 2026-06-15 | 1 | 3300 | 1300 | 2.54 | 17 |
| 2026-06-16 | 1 | 3300 | 1300 | 2.54 | 18 |
| 2026-06-17 | 1 | 3300 | 1300 | 2.54 | 19 |
12-Month Market Dynamics & Trend Trajectory
Bellair on the Park II at 22 Hanover Rd has established a lifetime leasing volume of 2 closed transactions with an average monthly rent of $2,750 per month and an average rate of $2.56 per square foot. Suites feature an average size of 1,075 square feet and a lifetime days on market average of 36 days, illustrating stable long-term tenant turnover within the Brampton East submarket. Pricing discipline at the building exhibits clear tenant-favorable leverage, with 50.0% of leases closing below asking price. Tenants negotiated an average discount of $75 per month (3.19% below asking), yielding total annual tenant savings of $900 per year through direct landlord concessions.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-17 | 1 | 2200 | 850 | 2.59 | 51 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 1 | 3300 | 1300 | 2.54 | 20 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Bellair on the Park II at 22 Hanover Rd is surrounded by a well-established competitive set featuring Bellair on the Park at 24 Hanover Rd (0.11 km away, built in 1990, with 2 active listings), Sierra at 26 Hanover Rd (0.19 km away, built in 1988, with 3 active listings), The Regency Condos at 5 Lisa Street (0.79 km away, built in 1985, with 2 active listings), and 15 Kensington Condos at 15 Kensington Road (0.85 km away, built in 1975, with 3 active listings). These mature residential properties represent a cohesive generation of mid-rise and high-rise developments constructed between the mid-1970s and 1990. Across this micro-market, the competitive set posts an overall average rent of $2,563 per month at an average rate of $2.29 per square foot across an average suite size of 1,142 square feet. Bellair on the Park II occupies a balanced mid-market position, leveraging its 1990 construction era to deliver competitive spatial dimensions that trade closely with its immediate neighbors while maintaining a stable, mature residential profile.
Comparable Analysis & Questions
How do rental rates at Bellair on the Park II compare to neighbouring buildings within Brampton East?
Bellair on the Park II achieves an average lease rent that aligns closely with the overall comp average of $2,563 per month, benchmarked against nearby properties such as Bellair on the Park, Sierra, The Regency Condos, and 15 Kensington Condos. Direct peer Bellair on the Park (24 Hanover Rd) reported an average lease rent of $2,800 per month at $2.35 per square foot across an average of 1,200 square feet. Sierra (26 Hanover Rd) recorded an average lease rent of $2,433 per month at $2.42 per square foot across 1,017 square feet. The Regency Condos (5 Lisa Street) averaged $2,650 per month at $1.89 per square foot across a larger average layout of 1,400 square feet. Finally, 15 Kensington Condos (15 Kensington Road) posted an average lease rent of $2,367 per month at $2.49 per square foot across a more compact 950 square feet.
Does Bellair on the Park II offer a competitive price-per-square-foot ($/SF) against local comparables?
Bellair on the Park II establishes its value proposition through a balanced rate per square foot and generous suite sizing that compares favorably against older submarket alternatives. Renters evaluating the building weigh trade-offs between the property's established 1990 construction and the larger footprints found in older alternatives like The Regency Condos, which provides 1,400 square feet at $1.89 per square foot, versus more compact options like 15 Kensington Condos, which offers 950 square feet at $2.49 per square foot. Compared directly to Sierra at 26 Hanover Rd, which features an average size of 1,017 square feet at $2.42 per square foot, Bellair on the Park II delivers competitive spatial value typical of its era.
How do building age, amenities, and developer reputation impact rent spreads?
Bellair on the Park II delivers a comprehensive lifestyle and amenity profile that matches or exceeds the recreational offerings of its immediate neighbors in the Brampton East micro-market. Residents enjoy signature amenities including a concierge and security service, an indoor pool, a gym and fitness centre, and an indoor car wash bay. When contrasted against nearby peers, Bellair on the Park II matches the extensive recreational scope found at Bellair on the Park (24 Hanover Rd) while surpassing the shared-laundry and outdoor-only pool configurations found at properties such as Sierra (26 Hanover Rd) and 15 Kensington Condos (15 Kensington Road). This robust amenity package particularly serves downsizers, multi-generational families, and established professionals seeking active, all-inclusive building facilities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Bellair on the Park II.
Building Amenities
- Concierge & Security
- Car Wash Bay
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Basketball Court
- Tennis & Pickleball Court
- Squash & Racquetball Court
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
Residential Buildings in the Vicinity
- Bellair on the Park110 m
- Sierra186 m
- The Regency Condos788 m
- 15 Kensington Condos856 m
- The Oakland869 m
- Ritz Tower874 m
- Bruce Towers934 m
- Almore Park Tower945 m
- 25 Kensington Condos950 m
- Shaw Towers977 m
- CityView Apartments1.1 km
- Laurelcrest I1.2 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Bellair on the Park II.
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.