Market Data as of August 31, 2026
Bellair on the Park — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Bellair on the Park, located at 24 Hanover Rd in the Brampton East neighborhood of Brampton, is an established residential building completed in 1990 by developer Bramalea. Comprising 215 suites, the tower currently maintains 1 active listing, reflecting an availability rate of 0.5%. Over the past 90 days, the building recorded 1 closed lease with an average days on market of 27, while the 30-day window recorded 0 closed leases and an average days on market of unrecorded.
Active asking rents average $2,900 per month at $2.23 per square foot for current inventory averaging 1,300 square feet, which compares to realized 90-day leases averaging $2,750 per month at $2.50 per square foot across 1,100 square feet. Current active inventory features larger suites than historical 90-day leases, while the building's active asking rate per square foot trades 26.2% below the Brampton East submarket asking benchmark of $3.02 per square foot.
Marketing friction is minimal, with active listings sitting for an average of 9 days on the market while historical leasing achieved a balanced equilibrium with leases closing exactly at asking price. Prospective tenants face extremely constrained selection as active inventory is exclusively concentrated within 2-Bedroom layouts, leaving zero availability across other bedroom tiers.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Bellair on the Park as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Bellair on the Park recently?
Bellair on the Park features 1 active listing as of August 31, 2026, offering an asking price of $2,900 per month across a range of $2,900 to $2,900 per month. The active inventory averages 1,300 square feet at an asking rate of $2.23 per square foot, dominated entirely by 2-Bedroom suites representing 100% of available stock. This single active listing provides a spacious executive layout rather than compact entry-level square footage.
What floor plans and unit layouts are currently available at Bellair on the Park?
The dominant active layout at Bellair on the Park is the 2-Bedroom, featuring 1 active listing and commanding a 100% inventory share. This single available tier spans an average of 1,300 square feet with an average asking rent of $2,900 per month, translating to $2.23 per square foot. There are zero units currently available across all other layout tiers.
What is the average asking rent and $/SF by suite size at Bellair on the Park?
Bellair on the Park lists its sole active unit at a minimum entry rent of $2,900 per month and a peak asking rent of $2,900 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. The median asking rent rests at $2,900 per month. The entry-level 2-Bedroom suite spans 1,300 square feet at an asking rate of $2.23 per square foot, identical to the peak suite metrics.
How much extra do parking spaces and dens cost at Bellair on the Park?
Bellair on the Park has active den premium data that is unavailable because current listings lack a den layout configuration. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking costs cannot be reliably determined from current listings.
How do asking rents at Bellair on the Park compare to local and municipal benchmarks?
Bellair on the Park asks an average of $2,900 per month at $2.23 per square foot, compared to the Brampton East submarket asking benchmark of $2,635 per month at $3.02 per square foot. The building's lower nominal rent and lower rate per square foot reflect its larger average suite sizing, trading at 26.2% below the submarket asking rate per square foot while accounting for 10% of active submarket inventory.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-04 | 1 | 2750 | 1100 | 2.50 | N/A |
| 2026-06-05 | 1 | 2750 | 1100 | 2.50 | 1 |
| 2026-06-06 | 1 | 2750 | 1100 | 2.50 | 2 |
| 2026-06-07 | 1 | 2750 | 1100 | 2.50 | 3 |
| 2026-06-08 | 1 | 2750 | 1100 | 2.50 | 4 |
| 2026-06-09 | 1 | 2750 | 1100 | 2.50 | 5 |
| 2026-06-10 | 1 | 2750 | 1100 | 2.50 | 6 |
| 2026-06-11 | 1 | 2750 | 1100 | 2.50 | 7 |
| 2026-06-12 | 1 | 2750 | 1100 | 2.50 | 8 |
| 2026-06-13 | 1 | 2750 | 1100 | 2.50 | 9 |
| 2026-06-14 | 1 | 2750 | 1100 | 2.50 | 10 |
| 2026-06-15 | 1 | 2750 | 1100 | 2.50 | 11 |
| 2026-06-16 | 1 | 2750 | 1100 | 2.50 | 12 |
| 2026-06-17 | 1 | 2750 | 1100 | 2.50 | 13 |
| 2026-06-18 | 1 | 2750 | 1100 | 2.50 | 14 |
| 2026-06-19 | 1 | 2750 | 1100 | 2.50 | 15 |
| 2026-06-20 | 1 | 2750 | 1100 | 2.50 | 16 |
| 2026-06-21 | 1 | 2750 | 1100 | 2.50 | 17 |
| 2026-06-22 | 1 | 2750 | 1100 | 2.50 | 18 |
| 2026-06-23 | 1 | 2750 | 1100 | 2.50 | 19 |
| 2026-06-24 | 1 | 2750 | 1100 | 2.50 | 20 |
| 2026-06-25 | 1 | 2750 | 1100 | 2.50 | 21 |
| 2026-06-26 | 1 | 2750 | 1100 | 2.50 | 22 |
| 2026-06-27 | 1 | 2750 | 1100 | 2.50 | 23 |
| 2026-06-28 | 1 | 2750 | 1100 | 2.50 | 24 |
| 2026-06-29 | 1 | 2750 | 1100 | 2.50 | 25 |
| 2026-06-30 | 1 | 2750 | 1100 | 2.50 | 26 |
| 2026-08-22 | 1 | 2900 | 1300 | 2.23 | N/A |
| 2026-08-23 | 1 | 2900 | 1300 | 2.23 | 1 |
| 2026-08-24 | 1 | 2900 | 1300 | 2.23 | 2 |
| 2026-08-25 | 1 | 2900 | 1300 | 2.23 | 3 |
| 2026-08-26 | 1 | 2900 | 1300 | 2.23 | 4 |
| 2026-08-27 | 1 | 2900 | 1300 | 2.23 | 5 |
| 2026-08-28 | 1 | 2900 | 1300 | 2.23 | 6 |
| 2026-08-29 | 1 | 2900 | 1300 | 2.23 | 7 |
| 2026-08-30 | 1 | 2900 | 1300 | 2.23 | 8 |
| 2026-08-31 | 1 | 2900 | 1300 | 2.23 | 9 |
12-Month Market Dynamics & Trend Trajectory
Bellair on the Park has a lifetime leasing volume of 1 recorded transaction, achieving an average rent of $2,750 per month at a rate of $2.50 per square foot across an average suite size of 1,100 square feet. Average days on market stood at 27, reflecting stable tenant turnover for this Brampton property. Transaction distribution showed 100% of deals closing precisely at asking price, reflecting a balanced negotiation environment with zero dollar variance. Neither landlords nor prospective tenants held outsized pricing leverage during the tracked leasing window.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-28 | 1 | 2750 | 1100 | 2.50 | 27 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Bellair on the Park is evaluated against a competitive set of four nearby residential condominium buildings in the Brampton East submarket, including Bellair on the Park II at 22 Hanover Rd (0.11 km away, built in 1990, with 2 active listings), Sierra at 26 Hanover Rd (0.16 km away, built in 1988, with 3 active listings), The Regency Condos at 5 Lisa Street (0.81 km away, built in 1985, with 2 active listings), and Ritz Tower at 8 Lisa St (0.88 km away, built in 1986, with 2 active listings). This micro-market is defined by a mature structural generation of mid-rise and high-rise properties constructed during the mid-to-late 1980s and early 1990s, offering established community footprints and robust recreational infrastructure compared to modern high-density builds. Across the competitive set, the overall average rent stands at $2,577 per month at an average rate of $2.25 per square foot across an average suite size of 1,164 square feet. Bellair on the Park is positioned as a competitively scaled property within this established cluster, delivering larger floor plans and moderate per-square-foot pricing that aligns closely with its late-generation construction era. Renters targeting this micro-market benefit from lower density and more generous room dimensions than contemporary alternatives, offsetting its 1990 completion year through space efficiency and comprehensive shared facilities.
Comparable Analysis & Questions
How do rental rates at Bellair on the Park compare to neighbouring buildings within Brampton East?
Bellair on the Park achieves an average lease rent of $2,750 per month, trading reasonably in line with the overall comparable average of $2,577 per month across key benchmarks like Bellair on the Park II and The Regency Condos. Direct competitor Bellair on the Park II at 22 Hanover Rd records an average lease rent of $2,750 per month at $2.56 per square foot across an average suite size of 1,075 square feet. Sierra at 26 Hanover Rd reports an average lease rent of $2,433 per month at $2.42 per square foot across 1,017 square feet. The Regency Condos at 5 Lisa Street commands an average lease rent of $2,650 per month at $1.89 per square foot across a larger 1,400 square foot layout. Finally, Ritz Tower at 8 Lisa St posts an average lease rent of $2,475 per month at $2.13 per square foot across 1,163 square feet.
Does Bellair on the Park offer a competitive price-per-square-foot ($/SF) against local comparables?
Bellair on the Park establishes its value proposition by offering an average lease rate of $2.50 per square foot across an average suite size of 1,100 square feet, positioning it competitively against the broader submarket average of $3.09 per square foot. Renters evaluating Bellair on the Park against nearby alternatives like The Regency Condos at $1.89 per square foot across 1,400 square feet or Ritz Tower at $2.13 per square foot across 1,163 square feet trade off slightly higher relative square-foot rates for modern layout efficiency and functional, highly maintained interior spaces. Compared directly to Bellair on the Park II at $2.56 per square foot across 1,075 square feet, the subject building offers a lower or more competitive rate per square foot and provides 25 more interior square feet while maintaining a comparable cost structure, delivering tangible spatial value without excessive utility or heating burdens common in older, oversized floor plans.
How do building age, amenities, and developer reputation impact rent spreads?
Bellair on the Park delivers an extensive, resort-style amenity package that distinguishes it from nearby peers in the Brampton East micro-market. Signature amenities at the property include an indoor pool, a hot tub and jacuzzi, a sauna and steam room, a dedicated car wash bay, and comprehensive indoor sports facilities including a basketball court, a tennis and pickleball court, and a squash and racquetball court. By comparison, Sierra at 26 Hanover Rd relies on a shared laundry room and outdoor pool without indoor racquet sports, while Ritz Tower at 8 Lisa St includes an indoor and outdoor pool combination and a car wash bay but lacks the dedicated multi-sport court infrastructure found at the subject building. This robust recreational profile makes Bellair on the Park exceptionally well-suited for active families, fitness enthusiasts, and professionals seeking comprehensive on-site wellness and leisure options without leaving the property.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Bellair on the Park.
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
- BBQ Area
- Garden & Courtyard
Residential Buildings in the Vicinity
- Bellair on the Park II110 m
- Sierra165 m
- The Regency Condos812 m
- Ritz Tower881 m
- The Oakland898 m
- 15 Kensington Condos953 m
- Almore Park Tower960 m
- Bruce Towers1.0 km
- 25 Kensington Condos1.0 km
- CityView Apartments1.1 km
- Shaw Towers1.1 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.
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.
