21 Sprucewood Road, Brampton, ON

Heart Lake East, Brampton · MLS® W13577956

$748,000
For Sale
Just listed today
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4Bedrooms
4Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Looking to stop renting, grow your investment portfolio, or find spacious 4 bedroom family home? This freehold end-unit townhome offers exceptional value in Brampton's desirable Heart Lake East community. Top 10 Reasons you will LOVE this Home! 1. FREEHOLD OWNERSHIP No maintenance or POTL fees means lower monthly costs and true home ownership. 2. END-UNIT ADVANTAGE Enjoy extra privacy, additional windows, and the feel of a semi-detached home. Directly access your own private backyard anytime! 3. RARE 3-CAR PARKING No sidewalk means a full driveway plus garage parking with direct home access. 4. BRIGHT OPEN CONCEPT The main level features 9-foot ceilings and large windows that fill the home with natural light. 5. MOVE-IN READY Empty, clean and completely carpet-free for easy maintenance. 6. MODERN LAYOUT An open-concept design perfect for everyday living and entertaining. 7. UPGRADED KITCHEN Granite countertops with butterfly accents, stainless steel appliances, tile backsplash, and a bright breakfast area. 8. 4 BEDROOMS & 4 BATHROOMS!! Ideal for growing families, multi-generational living, or maximizing rental potential. 9. QUALITY FINISHES Oak staircase with iron pickets, Stone counter tops, stainless steel appliances, glass shower and tasteful upgrades show pride of ownership throughout. 10. PRIME LOCATION Just minutes to the breath-taking Heart Lake Conservation Park, schools, parks, shopping, hospital, highwat 410, trinity commons mall, transit, golf, and major highways provides easy access to everything! BONUS: Direct garage access, private backyard with exterior entry, excellent curb appeal, and incredible flexibility to live in, rent out, or invest. A fantastic opportunity to live, rent or invest in one of Brampton's most sought-after neighbourhoods. Welcome Home! *Photos taken prior to vacancy.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13577956
Bedrooms
4
Bathrooms
4 (2 half)
Size
1100-1500
Lot
22.75 × 77.1 ft
Cross streets
Heartlake & Bovaird
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$5,487 / 2025
Listing brokerage
RE/MAX PRIME PROPERTIES

Rooms

Primary BedroomThird3.25 × 3.81 m

3 pc ensuite · laminate · b/i closet

BedroomMain3.96 × 3.30 m

2 pc bath · access to garage · large window

Bedroom 4Third2.59 × 2.57 m

laminate · window · closet

Bedroom 3Third2.44 × 2.95 m

balcony · laminate · closet

BreakfastSecond2.57 × 3.30 m

ceramic floor · picture window · breakfast area

Living RoomSecond4.06 × 5.44 m

laminate · picture window · combined w/dining

Mud RoomMain1.09 × 3.30 m

access to garage · laminate · overlooks backyard

Dining RoomSecond4.06 × 5.44 m

combined w/living · laminate · open concept

KitchenSecond2.62 × 3.30 m

granite counters · backsplash · stainless steel appl

Listing history

  1. Apr 29, 2026Listed$748,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$595Kest. value

Listed at $748,000, this home is about 26% above what comparable homes suggest. 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 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $773K, higher than the comparables and worth a second look.

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 $739K
  • Bathrooms +$15K
  • Adjusts to $754K

That comparable adjusts to $754K; the $595K estimate above is the median of all 22 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. Heart Lake Rd s/of Sprucewood Rd is about a 1-minute walk away.

List price
$548KGreat deal$748KOverpriced

Total price vs nearby homes. Fair value about $595K, median of 22 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$734kavg asking

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

17 Cedarland Road$765k39 Baycliffe Crescent$699k65 Fruitvale Circle$739k

The 3 closest active listings nearby.

See all comparable homes
748kThis home765k699k739kThis home vs active comparables
Live market pulseActive comparables in Heart Lake East · median list $750K
$575this home / sqft
9active listings nearby

This home lists 32% above the area average of $434/sqft.

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

67/ 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: Heart Lake Rd s/of Sprucewood Rd, about 84 m away

20+ transit stops3 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
$676K
Sandringham-Wellington
$753K
Sandringham-Wellington North
$882K
Downtown Brampton
$751K
Fletcher's Creek Village
$760K

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
$3,409/mo
$149KIncome needed
5.0×Price ÷ income
$787Weekly 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 $3,409Property tax $457Total carry $3,866

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)
$3,193per month

Mortgage amount $598,400 · 4.14% over 25 years

$149,600Down payment (20.0%)
$598,400Loan before insurance
$0CMHC premium
$3,651Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,193
Property tax
$457
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,651

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

One-time closing costs

Ontario land transfer tax
$11,435
Estimated closing costs
$11,435

Plus your down payment of $149,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,879/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

$359,585Total interest paid
$957,985Total of all payments
Principal $598,400 Interest $359,585
YearPrincipalInterestBalance
1$14,018$24,301$584,382
2$14,605$23,715$569,777
3$15,216$23,104$554,561
4$15,852$22,467$538,709
5$16,515$21,804$522,194
6$17,206$21,113$504,988
7$17,926$20,394$487,062
8$18,676$19,644$468,386
9$19,457$18,863$448,930
10$20,271$18,049$428,659
11$21,118$17,201$407,541
12$22,002$16,318$385,539
13$22,922$15,397$362,617
14$23,881$14,439$338,736
15$24,880$13,440$313,856
16$25,920$12,399$287,935
17$27,005$11,315$260,931
18$28,134$10,185$232,796
19$29,311$9,008$203,485
20$30,537$7,782$172,948
21$31,814$6,505$141,134
22$33,145$5,174$107,988
23$34,532$3,788$73,457
24$35,976$2,343$37,481
25$37,481$839$0

At the end of your 5-year term

Total paid over the term
$191,597
Principal paid down
$76,206
Interest paid
$115,391
Balance remaining
$522,194

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
2.4%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.

3.7%
Gross yield
− Property tax $5,487− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,677

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

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