215 Queen Street E 1601, Brampton

$328,000
215 Queen Street E 1601

$328,000

New
7d
Condo ApartmentApartment

215 Queen Street E 1601, Brampton

Total Monthly Obligation $2,287

HausQ Valuation Report
Beds
0
Baths
1
Park
1
Sqft
0-499
DOM
7d
Score
16
Yield
3.0%
Cash on Cash
-21.9%
Cap Rate
-0.1%
5Y IRR
-1.2%
10Y IRR
2.0%
Property Type-Condo Apartment
MLS® Number-W14086230
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,281.16 (2026)
Maintenance-$574.15/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Queen Street Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to Rhythm Condos & Lofts! This bright and stylish studio suite is an excellent opportunity for first-time homebuyers, investors, and those looking to own a modern condo in a highly convenient location. Featuring an open-concept layout, this sun-filled unit offers floor-to-ceiling windows, plenty of natural light, east-facing view, and an extra-large balcony. The suite features freshly painted walls, newly installed laminate, and a modern full-size kitchen with granite countertops and ample cabinetry. Enjoy the convenience of underground parking and a private locker, along with excellent building amenities including 24-hour security and a yoga/fitness room. Ideally located close to downtown Brampton, transit, Züm Bus, highways, shopping, parks, schools, and the Rose Theatre. Chinguacousy Park and other recreational amenities are also nearby, making this a fantastic location for both convenience and lifestyle.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$262,400
Land Transfer Taxes$3,395
Legal Fees (Est.)
$
Total cash required for closing$70,495

Total Monthly Obligation

$2,287/mo
Mortgage $1,323
Monthly Loss $1,939
Principal$348
Interest$975
Property Tax$190
Condo Fees$574
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.9%3
Cash-on-Cash
-26.6%0
5-Year IRR
-4.4%1
10-Year IRR
0.3%
Returns Index
0.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$9,684/yr
NOI
-$2,855/yr
Net Cash Flow
-$1,561/mo
Cash Margin
-193.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.180
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
30.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 215 Queen Street E 1601

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.