215 Queen Street E 1501, Brampton

$339,000
215 Queen Street E 1501

$339,000

Price Change
30d
Condo ApartmentApartment

215 Queen Street E 1501, Brampton

Total Monthly Obligation $2,314

HausQ Valuation Report
Beds
0
Baths
1
Park
1
Sqft
0-499
DOM
30d
Score
16
Yield
2.9%
Cash on Cash
-21.3%
Cap Rate
-0.0%
5Y IRR
-0.8%
10Y IRR
2.2%
Property Type-Condo Apartment
MLS® Number-W13817738
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,065.1 (2025)
Maintenance-$574.15/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Queen Street Corridor
Title-Residential Condo & Other

No agent assigned

Big views, bright mornings, and a balcony with room to enjoy them. Welcome to Suite 1501 at Rhythm Condos & Lofts, an east-facing studio filled with natural light from floor-to-ceiling windows and an extra-large balcony with panoramic city views.The smart, open layout includes a full kitchen with cherry cabinetry and stainless steel appliances. Underground parking and a locker are included, giving you the storage and convenience that can be hard to find in a studio.Built by Mattamy, Rhythm offers a 24-hour concierge, gym, library, party room, guest suites, car wash, bike storage and visitor parking. With Züm transit at the door, Highway 410 nearby and shopping close at hand, this is a connected Brampton location. Gage Park and Chinguacousy Park are also within easy reach. A bright space, an impressive outdoor area and everyday convenience-all in one.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$271,200
Land Transfer Taxes$3,560
Legal Fees (Est.)
$
Total cash required for closing$72,860

Total Monthly Obligation

$2,314/mo
Mortgage $1,367
Monthly Loss $1,954
Principal$360
Interest$1,008
Property Tax$172
Condo Fees$574
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.7%3
Cash-on-Cash
-26.0%0
5-Year IRR
-4.0%1
10-Year IRR
0.5%
Returns Index
1.0/ 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
$9,828/yr
NOI
-$2,510/yr
Net Cash Flow
-$1,577/mo
Cash Margin
-192.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.150
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
30.6/ 100

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

Comparables

Properties near 215 Queen Street E 1501

Time

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Data last updated within the past 24 hours.