Heart LakeHousing market

Heart Lake

Heart Lake Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

5

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

43

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

75 active

New

48(+23.08% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 35, in 2023: 26, in 2022: 34

Total Sold Listings*

15 sold

Median Sold Price

$900,000

Avg Days on Market

43 days

Median Bidding

-$7,900

Compared to number of sold, same period, in 2024: 22, in 2023: 16, in 2022: 51

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Heart Lake - All types

Sold vs Active vs New vs Relisted - Heart Lake - All types

Sold Price Distribution - Heart Lake - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Heart Lake - All types

Property type distribution based on data from the last 3 months.

Median Price - Heart Lake - All types

Just listed - Heart Lake

Home with brick exterior material, street for 39 Cassander Cres, Brampton Ontario L6Z 1Z5

22 hours on market

Up to8K Cashback

39 Cassander Cres, Brampton

Detached32- sq ft

Listed by SUTTON GROUP INCENTIVE REALTY INC.

Unknown for 48 Traverston Crt, Brampton Ontario L6Z 1C9

22 hours on market

Up to10K Cashback

48 Traverston Crt, Brampton

Detached3+24- sq ft

Listed by RE/MAX EXCELLENCE REAL ESTATE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 37 Solway Ave, Brampton Ontario L6Z 4E4

1 day on market

Up to8K Cashback

37 Solway Ave, Brampton

Detached3+13- sq ft

Listed by RE/MAX REALTY SERVICES INC.

Just sold - Heart Lake

Indoor foyer for 32 Kayak Hts, Brampton Ontario L6Z 0B4

Sold for $815,000

$66K above asking

32 Kayak Hts, Brampton

Townhouse441500-2000 sq ft

Listed by RE/MAX MILLENNIUM REAL ESTATE

Home with brick exterior material, street for 5 ADAM St, Brampton Ontario L6Z 2S4

Sold for $827,000

$23K below asking

5 ADAM St, Brampton

Detached331100-1500 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 11 Sandmere Ave, Brampton Ontario L6Z 4B5

Sold 3 days ago

Sold for $844,999

$5K below asking

11 Sandmere Ave, Brampton

Semi-Detached321500-2000 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Population and Demographics

Overview

Total population 27110

Average household income $130,316

Age (%)

20 to 34

23%

0 to 19

23%

50 to 64

20%

35 to 49

20%

65 and plus

14%

Household composition (%)

Single family

79%

Single person

14%

Multi person

5%

Multi family

3%

Mother tongue (%)

English

63%

Punjabi (Panjabi)

14%

Urdu

4%

Spanish

3%

Hindi

3%

Portuguese

2%

Gujarati

2%

Tagalog (Pilipino, Filipino)

1%

Others

1%

Italian

1%

House tenancy (%)

Owners

87%

Renters

13%

Top 4 Schools in Heart Lake

Sacred Heart Separate School24 Kerwood Place, L6Z 1Y1, Brampton, ON

9.1/10

Public•JK-8

Notre Dame Catholic Secondary School2 Notre Dame Ave, L6Z 4L5, Brampton, ON

6.4/10

Public•9-12

St Agnes Separate School103 Richvale Dr S, L6Z 4G6, Brampton, ON

5.3/10

Public•JK-8

St Leonard School185 Conestoga Dr, L6Z 2Z7, Brampton, ON

4.8/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance