Homula Realty Brokerage
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40 Palm Tree Road (Basmt), Brampton, ON L6V 4N6

2 beds · 1 bath · 1 kitchen · 7 rooms · 1 parking space · 1500-2000 sq ft · Laundry in building · Semi-Detached
$1,600

Also includedCommon Elements · Parking

NEW!!! PREMIUM LEGAL BASEMENT APARTMENT. Renovated, Modern, Spacious 02 Bedroom + 04 Pc Full Washroom, legal Basement Apartment With Separate Entrance. Premium Location - Lakeland Area in Brampton (Bovaird/Hwy410). Modern, Open Concept Kitchen With Cabinets and Storage, Combined Living and Dining Room. Laminate Floor Throughout, NO CARPET. Laundry Facility (Full Size Washer & Dryer). Newly Painted, Very Clean. 01 Parking Spot (Driveway) is included. Tenant has to pay Monthly rent + Shared Utilities (Water, Hydro, Gas). Few Steps to Bus Stoppage, Bus route, Brampton Transit, Go Transit. Adjacent To Hwy 410, Trinity Mall, Bramalea City Centre Mall, Schools, Banks, Canadian Tire, Rona, Home Depot, Freshco, Nofrills, Food Basics, Ocean, Walmart, Hospital Etc., Family or Working Professionals are preferred.

MLS number
W13554344
Type
Semi-Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
L6V 4N6
Photos
16
Laundry
Shared, In Basement, Laundry Room
63days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Arnott Charlton Public School
Peel DSB
Elementary842 m5.5 / 10
55% met the standard · 3 of 6 measures
St Joachim Separate School
Dufferin-Peel CDSB
Elementary981 m6.2 / 10
62% met the standard
St Marguerite Bourgeoys Separate School
Dufferin-Peel CDSB
Elementary972 m7.2 / 10
72% met the standard
Russell D Barber Public School
Peel DSB
Elementary905 m6.2 / 10
62% met the standard · 3 of 6 measures
North Park Secondary School
Peel DSB
Secondary1.1 km8.0 / 10
80% met the standard · 2 of 6 measures
Gordon Graydon Senior Public School
Peel DSB
Elementary1.6 km5.5 / 10
55% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Semi-Detached houses in Brampton1,225 leases over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median rentWhat comparable units actually leased for
$2k/mo$2k/mo$3k/mo20252026this home’s asking price
$3k/molatest quarter · hover to read any
Leased vs askingAbove 100% means bidding wars were normal
98%99%100%20252026the asking price
100%latest quarter · hover to read any
Days to leaseMedian days on market before the deal closed
-1d16d32d20252026
17dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the leases that closed in that quarter among semi-detached houses in brampton. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 907 people.

$128,000Median household income
88.9%Own their home
72.7%Detached houses
35.6Median age
68.6%Born outside Canada
42.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35212223 — the few blocks around this address, home to 907 people. It describes the area, not this property.

907Population
37.6Average age
4.1Household size
$168,000Average household income
$128,000Median household income
89%Own their home
11%Rent
0%Condominiums
69%Born outside Canada
42%University degree
$1,000,000Average home value
5%Low income
48%Not in the labour force
33%Never married
$35,000 to $39,9991%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over40%
$100,000 to $124,9998%
$125,000 to $149,9997%
$150,000 to $199,99911%
$200,000 and over14%

Percentages are of the 360 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.