What to know
- The Daniels Corporation is bringing 84 purpose-built rental townhomes to Brampton’s Mount Pleasant Village neighbourhood.
- The three- and four-bedroom units range from 2,138 to 2,667 square feet.
- Monthly rents start at approximately $3,200 for three-bedroom units and reach $3,600 for larger homes.
- The first residents are expected to move in on Dec. 1, with approximately 10 per cent of the community already leased.
- The development comes as Brampton faces demand for larger rental homes, with just 13 per cent of its purpose-built rental units having at least three bedrooms in 2021.
A construction company is bringing dozens of purpose-built rental homes to Brampton in hopes of fulfilling rental larger families’ demands, a project they hope will inspire other developers to follow suit.
While Brampton can be a highly desirable area for many renters, finding a home that accommodates your needs in the region for a reasonable price can be a challenge, especially for those who have larger families to accommodate.
According to a City of Brampton report, out of all the rental units in the city back in 2021, 51 per cent were two-bedroom units, and 34 per cent were one-bedroom units, while only 13 per cent of available purpose-built homes had at least three-bedrooms or more.
At the same time, the City of Brampton’s 2025 Housing Needs Assessment, reveals that Brampton is one of the GTA cities with the highest demand for larger units, with 26 per cent of households accommodating five or more residents.
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As demand for bigger homes increases, The Daniels Corporation has announced the launch of a planned community in Brampton’s Mount Pleasant Village neighbourhoods, with 84 purpose-built units, all of which are townhomes with at least three bedrooms.
“We felt that there were many larger families and households in this neighbourhood that likely wanted more space, but maybe were not quite ready to buy because of market conditions… and would like the flexibility of renting,” The Daniels Corporation President Jake Cohen told Now Toronto. “The Parkfield towns offer homes that meet those needs.”
What is the Parkfield towns project?
The project will bring 84 purpose-built townhouses, with sizes ranging from 2,138 to 2,667 square feet, all with three or four bedrooms. The units are meant to accommodate and offer a quality lifestyle to larger families, providing comfort and functionality, while allowing residents to take advantage of the flexibility of a rental unit.
Units are equipped with finished basements, single car garages, allowing space for a second vehicle in the driveway, as well as great private yards. The community will also be professionally managed by Daniels Gateway Rental Communities and is located steps away from Mount Pleasant GO and local transit.
“It’s been in great demand. We’ve only been open collecting pre-lease applications for about two weeks. The first people are set to move in in the first week of December… We’ve already leased up about 10 per cent of the property,” Cohen said.
“The demand is clearly there for these larger sized units, and specifically the end units, which are even the bigger four bedroom ones, are the most popular so far.”
With very few similar options around, Cohen said The Daniels was strategic in pricing the units to make sure they reflect the growing demand and quality without leaving locals completely priced out.
“Affordability is a challenge across all locations and issues and areas. That being said, this community we believe is very well priced. Starting at around $3,200 for the three-bedrooms and going up to about $3,600 for the larger ones. For a family-style, four-bedroom unit, we think that’s well-positioned in the market,” he told Now Toronto.
Why are purpose-built units usually smaller?
If there is a real demand for larger rental units in Brampton that can accommodate more residents, why is it that developers mostly invest in smaller rentals?
According to Cohen, it all comes down to the sites where the homes are located. He explains that most developers focus on maximizing density on the lands they purchase for their project, choosing then to build more units, which are smaller in size in order to fit into the space.
In addition, many developers might be simply more experienced with smaller units.
“That’s just a value proposition that many developers are comfortable with. Not as many developers are comfortable with building townhouse-style grade-related units,” he said.
“This is something that Daniels has been building for over 25 years, and we have a lot of confidence in delivering townhouse-style products.”
Parkfield could offer a model for the future
For Cohen, despite offering Brampton residents an alternative option, the Parkfield project also has the potential to inspire other developers to invest in larger purpose-built models.
“It’s how we make sure we right size developments for the locations in which they are situated. Not every location is meant to have a 50-storey tower with small micro units. That works in some places, but in the majority, having the right size, the right scale, the right demographic of unit typology to meet the market needs, that’s where I think great success can be gained,” he said.
The first residents of the Parkfield project are expected to move into their units on Dec. 1. Residents who move in can also participate in a Daniels Home Investment Program, which allows residents to accumulate credit which can later be invested into ownership of Daniels home.
“They’re able to collect real dollars that we would put aside for them to make a deposit on a home if they wanted to purchase down the road. So we see this as a great gateway into [ownership],” Cohen added.
