27 Reynier Drive, Brampton, ON

Heart Lake East, Brampton · MLS® W13551886

$699,000
For Sale
Listed 7 days ago
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4Bedrooms
4Bathrooms
2Garage · 7 parking
1100-1500Sq Ft

About this home

Stunning Fully renovated show stopper Detached Home in the highly sought-after Heart Lake East Community! This Move-In Ready Home Features 3 Spacious Bedrooms and 2.5 Bathrooms on the upper level. This property is ideal for First time home buyers or Investors as Plus A Fully Finished Legal 1-Bedroom, 1-Bathroom Basement Apartment with A Separate Entrance-Ideal For Rental Income Or Extended Family. There is 2 laundries, one laundry is on main floor and second basement. The Main Floor welcomes you to a bright Open-Concept Living And Dining Area with modern Quartz countertop kitchen. A Cozy Gas Fireplace And Walkout To A Large Wooden Deck, Perfect For Entertaining. The Modern Updated Kitchen Features Quality Cabinetry, Ample Storage, And Contemporary Finishes. Upstairs Boasts A Spacious Primary Bedroom, Two Additional Generous-Sized Bedrooms, And Updated Bathrooms. Enjoy A Double-Car Garage With Parking For Up To 6 Vehicles. Conveniently Located Just Minutes From Heart Lake Town Centre, Top-Rated Schools, Parks, Public Transit, Highway Access, Recreation Centre, Grocery Stores, And All Essential Amenities. A Rare Opportunity For Families, First-Time Buyers, Or Investors Seeking A Turnkey Home With Excellent Income Potential!

Key facts

Property type
Detached, 2-Storey
MLS®
W13551886
Bedrooms
4 (3 + 1)
Bathrooms
4 (2 half)
Size
1100-1500
Lot
45 × 100 ft
Cross streets
sandalwood pkwy & Kennedy rd
Parking
2 garage · 7 parking (attached)
Driveway
Available
Basement
Apartment, Separate Entrance, Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,091 / 2025
Days on market
7
Listing brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$750Kest. value

Listed at $699,000, this home is about 7% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($538/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $853K, a bit higher.

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 $775K

That comparable adjusts to $775K; the $750K estimate above is the median of all 7 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. Kennedy Rd N n/of Piedmont Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$699KGreat deal$810KOverpriced

Total price vs nearby homes. Fair value about $750K, median of 7 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$845kavg asking

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

29 Tralee Street$796k49 Robert Parkinson Drive$799k36 Platform Crescent$940k

The 3 closest active listings nearby.

See all comparable homes
699kThis home796k799k940kThis home vs active comparables
Live market pulseActive comparables in Heart Lake East · median list $949K
$538this home / sqft
7active listings nearby
7days on market

This home lists 3% below the area average of $557/sqft.

6 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

82/ 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: Kennedy Rd N n/of Piedmont Dr, about 170 m away

20+ transit stops3 grocery20+ dining20+ parks10 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
$3,186/mo
$139KIncome needed
5.0×Price ÷ income
$735Weekly 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.

88%mortgage
Mortgage $3,186Property tax $424Total carry $3,610

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)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,408Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$424
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,408

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

One-time closing costs

Ontario land transfer tax
$10,455
Estimated closing costs
$10,455

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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
2.6%Est. cap rate

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 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.

3.9%
Gross yield
− Property tax $5,091− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,073

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.

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