14 Royal Palm Drive, Brampton, ON

Heart Lake East, Brampton · MLS® W13544672

$824,900
For Sale
Listed 8 days ago
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4Bedrooms
2Bathrooms
2Garage · 4 parking
1100-1500Sq Ft

About this home

Welcome to this well-appointed 4-bedroom detached home in the sought-after Heart Lake community. Featuring an attractive stone façade and a separate entrance to the lower level, this home offers functional living space for growing families with the flexibility for future income potential. A spacious foyer welcomes you inside with an oak staircase featuring wrought iron pickets and convenient interior garage access. The updated kitchen offers tall cabinetry, quartz countertops, a large undermount sink, soft-close drawers, deep pot drawers, a double pantry, built-in recycling pullout, crown moulding, ceramic backsplash, and pot lighting. The open-concept living and dining area is bright and inviting, with crown moulding, pot lights, and a sliding door leading to the fully fenced backyard. Enjoy maintenance-free artificial turf, a natural gas BBQ hookup, and plenty of outdoor space for relaxing or entertaining. Upstairs, you'll find four generously sized bedrooms, including a spacious primary bedroom with wall-to-wall frosted sliding closet doors. The main bathroom features a jetted tub, an espresso vanity, and a quartz countertop. The finished lower level, with its separate side entrance, includes a family room, a convenient storage closet at the base of the stairs, rough-ins for a future kitchenette, and the potential for a fifth bedroom-making it well suited for extended family, guests, or future in-law or income possibilities. Located close to schools, parks, shopping, public transit, and major commuter routes, this is a fantastic opportunity to own a spacious family home in one of Brampton's most established neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13544672
Bedrooms
4
Bathrooms
2
Size
1100-1500
Lot
30 × 100 ft
Cross streets
Sandalwood & Kennedy
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,271 / 2025
Days on market
8
Listing brokerage
EXP REALTY

Rooms

SittingBasement2.70 × 1.60 m
Living RoomGround5.80 × 3.80 m

Laminate

Bedroom 4Second2.70 × 2.60 m
Bedroom 3Second3.20 × 2.70 m
Primary BedroomSecond5.10 × 3.10 m

b/i closet · closet organizers · laminate

KitchenGround4.90 × 2.40 m

quartz counter · stainless steel appl

Dining RoomGround3.00 × 2.60 m

Laminate

Family RoomBasement7.70 × 3.20 m

Wainscoting

Bedroom 2Second4.10 × 2.70 m
DenBasement2.50 × 2.50 m
Moe’s TakeTeam Asgarian · Broker
In line
$780Kest. value

Listed at $824,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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 $831K, 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 $760K
  • Bathrooms −$15K
  • Adjusts to $745K

That comparable adjusts to $745K; the $780K 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, this is a very walkable address with everyday errands close by. Sandalwood Pky E at Royal Palm Dr (W) is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$745KGreat deal$850KOverpriced

Total price vs nearby homes. Fair value about $780K, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$833kavg asking

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

46 Dunblaine Crescent$799k49 Robert Parkinson Drive$799k29 Tralee Street$796k36 Platform Crescent$940k

The 4 closest active listings nearby.

See all comparable homes
825kThis home799k799k796k940kThis home vs active comparables
Live market pulseActive comparables in Heart Lake East · median list $795K
$635this home / sqft
6active listings nearby
8days on market

This home lists 11% above the area average of $572/sqft.

7 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

74/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Sandalwood Pky E at Royal Palm Dr (W), about 82 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.

Heart Lake West
$811K
Snelgrove
$1.25M
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
$3,760/mo
$161KIncome needed
5.1×Price ÷ income
$868Weekly 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.

90%mortgage
Mortgage $3,760Property tax $439Total carry $4,199

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)
$3,522per month

Mortgage amount $659,920 · 4.14% over 25 years

$164,980Down payment (20.0%)
$659,920Loan before insurance
$0CMHC premium
$3,961Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,522
Property tax
$439
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,961

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

One-time closing costs

Ontario land transfer tax
$12,973
Estimated closing costs
$12,973

Plus your down payment of $164,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,277/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

$396,553Total interest paid
$1,056,473Total of all payments
Principal $659,920 Interest $396,553
YearPrincipalInterestBalance
1$15,460$26,799$644,460
2$16,106$26,153$628,354
3$16,780$25,479$611,574
4$17,482$24,777$594,092
5$18,213$24,046$575,879
6$18,975$23,284$556,904
7$19,769$22,490$537,135
8$20,596$21,663$516,540
9$21,457$20,802$495,083
10$22,355$19,904$472,728
11$23,290$18,969$449,439
12$24,264$17,995$425,175
13$25,279$16,980$399,896
14$26,336$15,923$373,560
15$27,438$14,821$346,123
16$28,585$13,674$317,537
17$29,781$12,478$287,756
18$31,027$11,232$256,730
19$32,324$9,934$224,405
20$33,677$8,582$190,729
21$35,085$7,174$155,643
22$36,553$5,706$119,091
23$38,082$4,177$81,009
24$39,675$2,584$41,334
25$41,334$925$0

At the end of your 5-year term

Total paid over the term
$211,295
Principal paid down
$84,041
Interest paid
$127,254
Balance remaining
$575,879

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$2,300/mo
$27,600Gross annual rent
2.2%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.

3.3%
Gross yield
− Property tax $5,271− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,893

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

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