225-215 QUEEN Street, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13728774

$385,000
For Sale
Just listed today
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1Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to this Immaculate, Bright and stylish loft at 215 Queen St E, Unit 225! This impressive corner unit is filled with natural light, featuring large floor to ceiling windows throughout and breathtaking clear views. Enjoy a functional layout with 1.5 bathrooms, ensuite laundry, and your own private balcony. Parking and locker is included! This condo offers an exceptional range of amenities including a fitness centre, yoga room, party room, guest suites, bike storage, underground car wash, 24-hour security, and plenty of visitor parking. A fantastic opportunity to enjoy this bright, spacious loft living in a well-appointed building with amenities designed for modern living. Situated in the heart of downtown Brampton. Steps away from all amenities.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
W13728774
Bedrooms
1
Bathrooms
2 (1 half)
Size
700-799
Cross streets
QUEEN AND KENNEDY
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$814/mo
Exposure
North
Property tax
$2,883 / 2026
Listing brokerage
HOMELIFE/RESPONSE REALTY INC.

Rooms

Living RoomMain6.20 × 4.45 m

open concept · laminate

Dining RoomMain6.20 × 4.45 m

breakfast bar · w/o to balcony · laminate

Primary BedroomSecond4.80 × 3.12 m

4 pc ensuite · walk-in closet(s) · laminate

KitchenMain6.20 × 4.45 m

open concept · granite counters

LaundrySecond1.25 × 1.98 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
In the wider range
$367Kest. value

Listed at $385,000, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.

List price
$328KBelow asking range$402KAbove asking range

Total price vs nearby homes. Fair value about $367K, median of 30 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $514/sqft against an area asking average of $444/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 30 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $533K, higher than the comparables and worth a second look.

Read this with carewhy it’s an estimate, not an appraisal

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 30 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Queen Street Corridor · asking prices
$370kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

1205-21 Knightsbridge Road $400/sqft$300k2104-15 Lynch Street $746/sqft$410k1103-215 Queen Street $554/sqft$415k805-21 Knightsbridge Road $352/sqft$299k1512-15 Kensington Road $448/sqft$425k

Per square foot, these ask about $500/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
385kThis home300k410k415k299k425kThis home vs active comparables

Neighbourhood & location

Queen Street Corridor, 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.

Nearby neighbourhoods

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

Downtown Brampton
$511K
Brampton South
$334K
Fletcher's Creek South
$443K
Sandringham-Wellington
$562K
Northwest Brampton
$446K

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
$1,755/mo
$94KIncome needed
4.1×Price ÷ income
$405Weekly 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.

62%mortgage
Mortgage $1,755Property tax $240Condo fee $814Total carry $2,808

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,660per month

Mortgage amount $308,000 · 4.24% over 25 years

$77,000Down payment (20.0%)
$308,000Loan before insurance
$0CMHC premium
$2,715Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,660
Property tax
$240
Condo / maintenance fees
$814
Heating
$0
Estimated monthly cost
$2,715

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

One-time closing costs

Ontario land transfer tax
$4,250
Estimated closing costs
$4,250

Plus your down payment of $77,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$2,015/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

$190,139Total interest paid
$498,139Total of all payments
Principal $308,000 Interest $190,139
YearPrincipalInterestBalance
1$7,116$12,809$300,884
2$7,421$12,504$293,463
3$7,739$12,186$285,723
4$8,071$11,855$277,652
5$8,417$11,509$269,236
6$8,777$11,148$260,459
7$9,153$10,772$251,305
8$9,546$10,380$241,759
9$9,955$9,971$231,805
10$10,381$9,544$221,424
11$10,826$9,100$210,598
12$11,290$8,636$199,308
13$11,774$8,152$187,534
14$12,278$7,647$175,256
15$12,804$7,121$162,451
16$13,353$6,573$149,099
17$13,925$6,000$135,173
18$14,522$5,404$120,652
19$15,144$4,781$105,508
20$15,793$4,133$89,715
21$16,470$3,456$73,245
22$17,175$2,750$56,069
23$17,911$2,014$38,158
24$18,679$1,247$19,479
25$19,479$446$0

At the end of your 5-year term

Total paid over the term
$99,628
Principal paid down
$38,764
Interest paid
$60,864
Balance remaining
$269,236

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.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
3.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

7.5%
Gross yield
− Property tax $2,883− Condo fees $9,762− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,387

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/RESPONSE REALTY INC.. MLS®/PropTx.

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