96 Royal Palm Drive, Brampton, ON

Heart Lake East, Brampton · MLS® W13482956

$919,000
For Sale
Listed 23 days ago
4Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

**RAVINE LOT** Look no further!! Don't miss this Gem in The Neighbourhood. Location! Location!Welcome to 96 Royal Palm Drive, where privacy and nature meet everyday city convenience. Thisbeautifully maintained and updated five-level home backs directly onto the serene Heart LakeConservation Area and offers generous finished living space ideal for family living,entertaining, or multi-generational use with excellent potential for an in-law, nanny suite, orrental apartment. The bright main living room features a large bay window overlooking the frontyard, while the cozy family room with gas fireplace walks out to a private backyard oasiscomplete with a wooden deck, gazebo, heated inground saltwater pool, hot tub, and tranquilconservation views. The renovated kitchen is equipped with granite countertops, newer stainlesssteel appliances, and a walk-out to the upper deck for seamless indoor-outdoor living. Theupper level offers three spacious bedrooms and a modern main bathroom, with the primary bedroomfeaturing a private three-piece ensuite and wardrobe. The fully finished lower level includes anewly professionally completed bedroom with above-grade windows, a three-piece bathroom, and alarge recreation room with wet bar. Freshly painted throughout most of the home, featuring anew pool safety cover (2024) and natural gas line for BBQ-this is a rare opportunity to enjoyresort-style living in a prime location.

Key facts

Property type
Detached, Sidesplit 5
MLS®
W13482956
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
46.85 × 114.52 ft
Cross streets
ROYAL PALM/SANDALWOOD PKWY
Parking
1 garage · 3 parking (built-in)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,255 / 2025
Days on market
23
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Dining RoomIn Between4.19 × 2.97 m

hardwood floor · pot lights

RecreationBasement6.58 × 4.67 m

laminate · wet bar

KitchenIn Between4.19 × 3.35 m

ceramic floor · eat-in kitchen · w/o to sundeck

BedroomBasement3.84 × 3.45 m

Laminate

Living RoomMain4.17 × 4.85 m

hardwood floor · cathedral ceiling(s) · overlooks frontyard

Primary BedroomUpper4.27 × 3.73 m

hardwood floor · 3 pc ensuite

Bedroom 2Upper3.05 × 3.91 m

hardwood floor · window

Family RoomMain5.77 × 3.20 m

hardwood floor · fireplace · w/o to sundeck

Bedroom 3Upper2.74 × 3.91 m

hardwood floor · window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1000Kest. value

Listed at $919,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

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 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $979K, a close match.

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 $740K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $785K

That comparable adjusts to $785K; the $1000K estimate above is the median of all 17 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. Sandalwood Pky E at Royal Palm Dr (W) is about a 5-minute walk away.

List price
$820KGreat deal$1.06MOverpriced

Total price vs nearby homes. Fair value about $1000K, median of 17 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Worth verifying
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Heart Lake East · asking prices
$933kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

92 Reynier Drive$949k21 Pinellas Drive$969k5 Cochrane Avenue$1.08M27 Reynier Drive$699k14 Palermo Court$970k

The 5 closest of 8 active listings nearby.

See all comparable homes
919kThis home949k969k1.08M699k970kThis home vs active comparables
Live market pulseActive comparables in Heart Lake East · median list $850K
$525this home / sqft
19active listings nearby
23days on market

This home lists 8% below the area average of $569/sqft.

22 days longer than the Brampton average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Heart Lake East, 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.

Getting around

69/ 100

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: Sandalwood Pky E at Royal Palm Dr (W), about 402 m away

20+ transit stops2 grocery20+ dining20+ parks9 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Snelgrove
$1.25M
Heart Lake West
$811K
Northwest Sandalwood Parkway
$1.05M
Sandringham-Wellington
$1.07M
Central Park
$840K

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
$4,188/mo
$180KIncome needed
5.1×Price ÷ income
$967Weekly 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.

89%mortgage
Mortgage $4,188Property tax $521Total carry $4,710

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,923per month

Mortgage amount $735,200 · 4.14% over 25 years

$183,800Down payment (20.0%)
$735,200Loan before insurance
$0CMHC premium
$4,445Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,923
Property tax
$521
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,445

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

One-time closing costs

Ontario land transfer tax
$14,855
Estimated closing costs
$14,855

Plus your down payment of $183,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,765/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

$441,790Total interest paid
$1,176,990Total of all payments
Principal $735,200 Interest $441,790
YearPrincipalInterestBalance
1$17,223$29,856$717,977
2$17,944$29,136$700,033
3$18,694$28,385$681,339
4$19,476$27,603$661,863
5$20,291$26,789$641,572
6$21,140$25,940$620,433
7$22,024$25,056$598,409
8$22,945$24,135$575,464
9$23,905$23,175$551,559
10$24,905$22,175$526,655
11$25,946$21,133$500,708
12$27,032$20,048$473,677
13$28,162$18,917$445,514
14$29,340$17,739$416,174
15$30,568$16,512$385,606
16$31,846$15,233$353,760
17$33,178$13,901$320,582
18$34,566$12,514$286,016
19$36,012$11,068$250,004
20$37,518$9,561$212,486
21$39,088$7,992$173,398
22$40,723$6,357$132,676
23$42,426$4,654$90,250
24$44,200$2,879$46,049
25$46,049$1,030$0

At the end of your 5-year term

Total paid over the term
$235,398
Principal paid down
$93,628
Interest paid
$141,770
Balance remaining
$641,572

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$3,150/mo
$37,800Gross annual rent
2.8%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.

4.1%
Gross yield
− Property tax $6,255− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,987

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

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