503 Conservation Drive, Brampton, ON
Heart Lake East, Brampton · MLS® W12655452
About this home
503 Conservation Drive - A Prestigious Address in Brampton's Most Coveted Neighbourhood. Welcome to this stunning residence set in the heart of Brampton's most desirable addresses. Conservation Drive is synonymous with distinction, privacy, and timeless elegance and this exceptional property captures it all. Nestled on a massive 100 x 120 ft lot, this elegant home boasts impressive curb appeal and a commanding presence that sets it apart. Step inside to be welcomed by a soaring 17-foot ceiling in the Grand Foyer, an immediate statement of luxury and sophistication. With approximately 3,800 sq ft of above-grade living space and over 5,000+ sq ft of total finished space, this home is designed to accommodate growing families, multi-generational living, and refined entertaining. Highlights Include:5 spacious bedrooms on the upper level, 4 beautifully appointed bathrooms, Main floor office/den easily convertible into a bedroom or in-law suite. Expansive custom kitchen with breakfast area and walk-out to deck. Oversized main deck perfect for outdoor dining and entertaining. Fully finished walk-out basement featuring its own private deck and a separate side entrance Immaculately landscaped front and backyards with mature trees and lush green space . Upgrades You'll Appreciate: New Roof (2022) Peace of mind for years to come, Attic Insulated (2022) Enhanced energy efficiency and comfort, Backyard Fence Replaced (2022) Secure, private, and stylish Set in a serene and exclusive pocket of Brampton, Conservation Drive offers the rare blend of prestige and tranquility, all while being minutes from heart lake, tree top trekking, trails, to top-rated schools, parks, golf courses, major highways, and every convenience. Whether you are looking for space, comfort, elegance, or the ultimate entertainers layout this is the home that truly has it all.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W12655452
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000
- Lot
- 100.62 × 120.75 ft
- Cross streets
- Kennedy/Conservation Dr
- Parking
- 3 garage · 10 parking (attached)
- Driveway
- Private Triple
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,782 / 2025
- Days on market
- 196
- Listing brokerage
- EXECUTIVE REAL ESTATE SERVICES LTD.
Rooms
Large Window
large window · tile floor · backsplash
5 pc bath · window
3 Pc Bath
Centre Island
Large Window
pot lights · large window
Closet
Bay Window
6 pc ensuite · walk-in closet(s) · large window
2 Pc Bath
Closet
pot lights · large window
Large Window
Listed at $1,990,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Heart Lake East, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.57M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.50M
- Bedrooms +$30K
- Adjusts to $1.53M
That comparable adjusts to $1.53M; the $1.53M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kennedy Dr N s/of Conservation Dr is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.53M, 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.
- Walk-out basement: natural light and strong in-law or income potential.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Income potential
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $560/sqft.
195 days longer than the Brampton average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Heart Lake East, Brampton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Kennedy Dr N s/of Conservation Dr, about 101 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,592,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,496
- Property tax
- $899
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,394
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,275
- Estimated closing costs
- $36,275
Plus your down payment of $398,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $509,730
- Principal paid down
- $202,742
- Interest paid
- $306,989
- Balance remaining
- $1,389,258
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXECUTIVE REAL ESTATE SERVICES LTD.. MLS®/PropTx.