2405-209 Steeles Avenue, Brampton, ON

Fletcher's Creek South, Brampton · MLS® W13578094

$2,496/mo
For Lease
Just listed today
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Brand-new, never-lived-in 2-bedroom, 2-bathroom suite leased directly by the developer. This carpet-free unit features laminate flooring throughout, quartz countertops, premium finishes, ensuite laundry, and window coverings, including blackout blinds in the bedrooms. Enjoy an oversized private balcony and exceptional value with heating, cooling, and high-speed internet included in the rent. Residents have access to amenities in two buildings, including two fully equipped fitness centres. Dedicated property management and on-call handyman service provide added convenience. Parking is extra please inquire for details. A rare opportunity to enjoy a modern, maintenance-free lifestyle in a pristine new home. Minutes to Upcoming LRT, Shoppers World, Sheriden College, Costco, Walmart, Hwy 407, Hwy 410, Gurudwara Nanaksar - Brampton, and leading amenities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13578094
Bedrooms
2
Bathrooms
2
Size
600-699
Cross streets
Steeles W / Hurontario
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North West
Listing brokerage
SAVE MAX REAL ESTATE INC.

Rooms

FoyerFlat0.00 × 0.00 m

laminate · combined w/laundry

Dining RoomFlat0.00 × 0.00 m

laminate · combined w/kitchen

KitchenFlat0.00 × 0.00 m

centre island · quartz counter · b/i appliances

Living RoomFlat0.00 × 0.00 m

laminate · combined w/dining · w/o to balcony

Primary BedroomFlat0.00 × 0.00 m

3 pc ensuite · laminate · closet

Moe’s TakeTeam Asgarian · Broker
In line
$2,506/moest. value

Listed at $2,496/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2,506/mo
  • Adjusts to $2,506/mo

That comparable adjusts to $2,506/mo; the $2,506/mo estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

List price
$2,379/moBelow market$2,640/moAbove market

Total price vs nearby homes. Fair value about $2,506/mo, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Fletcher's Creek South · asking prices
$2,623avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2508-209 Steeles Avenue$2,5062308-209 Steeles Avenue$2,640809-209 Steeles Avenue$2,607210-209 Steels Avenue$2,765512-300 Ray Lawson Boulevard$2,599

The 5 closest of 6 active listings nearby.

See all comparable homes
2,496This home2,5062,6402,6072,7652,599This home vs active comparables
Live market pulseActive comparables in Fletcher's Creek South · median list $3K
10active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Fletcher's Creek South, Brampton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

82/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Malta - Zum Steeles Station Stop EB, about 14 m away

20+ transit stops6 grocery20+ dining20+ parks15 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Downtown Brampton
$2K
Queen Street Corridor
$3K
Northwest Brampton
$2K
Goreway Drive Corridor
$2K
Bram East
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Brampton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $11Property tax $2Total carry $13

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11per month

Mortgage amount $1,997 · 4.14% over 25 years

$499Down payment (20.0%)
$1,997Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12
Estimated closing costs
$12

Plus your down payment of $499. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,200Total interest paid
$3,197Total of all payments
Principal $1,997 Interest $1,200
YearPrincipalInterestBalance
1$47$81$1,950
2$49$79$1,901
3$51$77$1,851
4$53$75$1,798
5$55$73$1,743
6$57$70$1,685
7$60$68$1,625
8$62$66$1,563
9$65$63$1,498
10$68$60$1,430
11$70$57$1,360
12$73$54$1,287
13$76$51$1,210
14$80$48$1,130
15$83$45$1,047
16$86$41$961
17$90$38$871
18$94$34$777
19$98$30$679
20$102$26$577
21$106$22$471
22$111$17$360
23$115$13$245
24$120$8$125
25$125$3$0

At the end of your 5-year term

Total paid over the term
$639
Principal paid down
$254
Interest paid
$385
Balance remaining
$1,743

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAVE MAX REAL ESTATE INC.. MLS®/PropTx.

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