$874,900 - 271 RICHVALE Drive Unit 24, Brampton
Townhouse for Sale in Brampton
Neighbourhood: Heart Lake East
- MLS Number
- W13476482
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- RIGHT AT HOME REALTY
Great Location! Rarely Offered End Unit w/True 2 Car Garage, This Executive Freehold 1785 Sq Ft Townhome Is Just Minutes West from Hwy 410. at Turnberry Golf Course and Trinity Common Mall. Large Principle Rooms, Gleaming Hardwood Floors and Stairs. Primary Ensuite fully renovated Dble Vanity and Luxury, Walk-in shower. Family Room Is Wired For Home Theatre. Thoughtful upgrades throughout. Large, Fully Fenced Backyard W/Direct Access to private garden oasis. Upgraded Utility Room, Stacked Washer & Dryer, Central Air, Central Vac. Stunning Marble Backsplash and Stone Countertop in Kitchen. S/S Kitchen Appliances (Fridge,Stove,B/I Dishwasher, Microwave Range Hood). Potlights throughout. Wired Security Cameras and Alarm. WORRY FREE MAINTENANCE: Roof (2018), Garage Door, A/C, Furnace, Windows & Patio Door (2019-2025), Exterior Front Door (2025), Tankless Hotwater Heater (2026). All replaced with warranties. Walking distance to schools and shops. Perfect for first time buyers, growing families and professionals. Fees: $141/Mth (includes snow removal of main roads + landscaping of public spaces, parkette, garbage pick up). A Must See!
Estimate your monthly payments for this property
Estimated Payment
$4,488.69/mo
Includes CMHC insurance ($24,410)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Heart Lake East
Heart Lake East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Heart Lake East
- •Convenient location in Brampton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Heart Lake East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
271 RICHVALE Drive Unit 24, Brampton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $583/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Brampton have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Brampton Value
Brampton offers more space for your dollar compared to Mississauga or Toronto. The city has invested heavily in infrastructure including the Züm rapid transit. Consider proximity to highways (410, 407) for commuting. The community is diverse and vibrant, with excellent South Asian cuisine and cultural events.