The Daniels Corporation has launched Parkfield Towns, the third phase of its low-carbon, master-planned community at Bovaird Drive West and Mississauga Road in Brampton’s Mount Pleasant Village neighbourhood. 

Originally planned as an ownership condominium townhome community, Daniels pivoted the 84-unit project to purpose-built rental townhomes, making the final decision this past summer due to soft homebuying market conditions. 

But it is not the company’s first foray into lowrise rental.

"Daniels has a long and rich history of building lowrise rental housing,” its president Jake Cohen told RENX Homes. “We have a portfolio of rental housing that we have property-managed for the last 25 years.

"So, when we looked at the market conditions about 18 months ago, we could sit on this land and wait for the condo market to return, or alternatively, we have a really good handle on how to run a rental townhouse, lowrise community. Our feeling was that the time was exactly right.”

Brampton's need for family-sized housing

According to the City of Brampton’s 2025 Housing Needs Assessment, 26 per cent of Brampton households have five or more residents – the highest proportion in the GTA.

The population within a one-kilometre radius of Parkfield Towns is also projected to grow by 41 per cent by 2035, more than double the projected growth within the broader three- and five-kilometre areas.

Statistics from Canada Mortgage and Housing Corp. (CMHC) corroborate this data, as the 2025 CMHC Rental Market Survey shows the vacancy rate for three-bedroom townhomes in Brampton in October 2025 was 1.9 per cent, up slightly from a very tight 0.7 per cent in October 2024.

These figures highlight the need for family-sized housing options in this growing neighbourhood.

“Rental is a fantastic market right now, and this one in particular, because we knew Brampton needed more family-sized rental housing,” Cohen added. “This location specifically made a lot of sense for a rental community.”

Located a short walk from Mount Pleasant GO Station and Brampton Transit connections, residents will have easy access to downtown Toronto and destinations across Brampton. 

Five design options available

Parkfield Towns offers family-sized three- and four-bedroom townhomes from 2,138 to 2,667 sq. ft., in five designs, with each unit featuring a finished basement, private yard, an attached garage and private driveway. 

Rental rates will range from $3,275 to $3,550, utilities excluded, the company said, and the community will be professionally managed by Daniels Gateway Rental Communities. Lawn maintenance and most snow removal services are included.

The company has been pre-registering potential residents and even signing leases since late September, said John Hickey, senior director of residential asset management.

By Oct. 21, four of the 84 units had already been leased, with another three in the process.

Finished units will be rolled out in blocks, he added, with occupancies beginning Dec. 1. The company expects all units to be leased by the middle of 2027.

Sustainability and ADP considerations

Designed for sustainability, Parkfield Towns homes are equipped with a full suite of Energy Star appliances, as well as low-flow fixtures and solar-ready infrastructure. The townhomes also include rough-ins for potential future EV charging equipment.

Since it was originally planned for ownership housing, the features and finishes are higher quality than what normally would be seen in rental homes, the company said.

"People are thinking more about the environments in which they're living, and these features are going to make a difference," Cohen said. 

Select homes in Parkfield Towns are also available through Daniels’ Accessibility Designed Program (ADP), featuring elevator-ready layouts and accessibility elements that support changing mobility needs, multi-generational living and aging in place. 

“ADP is something we’ve been doing in the highrise environment for eight to 10 years now, but this was the first time we tried it in lowrise,” said Cohen. 

These ADP units are designed to receive the Rick Hansen Foundation Accessibility Certification, a rating and certification program that measures and certifies the meaningful physical accessibility of buildings and public spaces. 

Pathways to ownership

Parkfield Towns is also part of the Daniels Home Investment Program (HIP), which helps create pathways from renting to homeownership. Residents can accumulate 500 HIP dollars per month, up to a maximum of 25,000 HIP dollars, equivalent to $25,000 in credits toward the purchase of a new home in another Daniels community. 

“This creates a nice pathway to go from renting into homeownership,” said Cohen, “and we find it can be a nice feature to stay with a family or renter for a duration of their lifetime and then move them from a renting community into a buying community.”

For other Canadian homebuilders looking to pivot to lowrise rental, Cohen has some advice. 

“I think it's an amazing opportunity, I really do," he said. "There's too much mid- and highrise rental that takes a long time from the approval and building standpoints. Lowrise housing, in the right markets, in the right locations that's done well, can deliver housing faster."

He added: “Townhouse communities, for families, for multi-generational living, that will not go out of style. This is something that is very relevant today.”