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Preheat waffle maker on medium-high heat.
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In large bowl, whisk the eggs until frothy. Add the milk, vanilla, cinnamon, nutmeg and brown sugar and whisk until blended.
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Dip 1 bread slice into the egg mixture and soak, turning once, 20 seconds per side.
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Spray the wells of the waffle maker with nonstick cooking spray or brush with melted butter.
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Place one bread slice in each well of the waffle maker and close the lid.
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Cook the bread until golden brown and crisp, about 7 minutes.
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Transfer the French toast to a wire rack set on a baking sheet and keep warm in the oven. Repeat to cook the remaining bread.
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Dust French toast with confectioners' sugar and serve hot with maple syrup.