Market insights · Heart Lake West

Heart Lake West market

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Heart Lake WestMarket reportSeptember 2026

Market at a glance

The latest figures for Heart Lake West — September 2026.

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In September 2026, 6 homes sold in Heart Lake West at a median price of $830,000, 9.2% higher than in September 2025. Homes took 25 days to sell on average and sold for 97.7% of the asking price.

Median sold price: the middle sale of the month, by firm date. Days on market: the average for homes that sold. Sold vs asking: the average sold price as a share of the final asking price. Year-ago comparisons use the same area and home type.

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Seasonal patterns

How a typical year runs in Peel Region, from 2013–2025 sales. A history, not a forecast.

Bars: the average share of a year's sales that happened in each month. Under each month: how its median sold price sat against that year's own trend (the median over 13 years) — partly the season, partly which homes sell then. In a typical year September has 8.2% of the year's sales. Pattern shown for Peel Region.

Property types at a glance

Compare key metrics by home type — September 2026.

Share of homes sold

Distribution of sales by property type — September 2026.

  • Detached83.3%5
  • Townhouse16.7%1

Completed sales, not homes for sale. Percentages are rounded, so they may not add to exactly 100%.

Market pace

Key indicators of market activity: what's coming on, what's available and how fast it's selling.

New listings25
-3.8% vs. Aug 2026lower
Homes newly listed for sale in Sep 2026.
Active listings48
For sale now
Today’s count, updated through the day.
Sales-to-new-listings ratio24%
-29.8 pts vs. Aug 2026lower
Homes sold in Sep 2026 ÷ homes newly listed in Sep 2026.
Months of inventory—
TRREB doesn’t publish this area
How long the homes for sale would last at the recent pace of sales.

Buy vs rent

Estimated monthly cost to own at Heart Lake West's median sold price, next to what homes are listed for rent at today.

Own$4,580per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$3,858
Property tax (estimate)$622
Home insurance (estimate)$100
Total to own$4,580

Assumptions: 20% down, 4.99% for 25 years compounded semi-annually (as Canadian mortgages are), property tax at 0.9% of the price a year, home insurance about $100 a month; no condo fee. Rents are asking rents of whole homes listed for lease today, not signed leases; a bedroom count with fewer than 10 listings isn't shown. An estimate to compare the market, not advice for your situation.

Compare areas

See how different regions performed in September 2026: median sold price and change from a year earlier.

Every area uses the same measure: median sold price of all homes, by firm date, for September 2026. Pictures are illustrations.

Compare any areas

BramptonPeel RegionGTA

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Days on market

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Sold vs asking

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Benchmark price (TRREB HPI)

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Homes for sale now

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Each area's newest finished month, all homes, by firm date; the benchmark is TRREB's latest; homes for sale are today's count. A figure with too few sales to publish says so.

Heart Lake West at a glance

How the market leans here, and who has been buying.

Balanced marketAll home types · 33 sales over 3 months
Buyer'sBalancedSeller's

Homes in Heart Lake West are selling near asking in about 21 days. Neither side has the upper hand right now.

What sold in Heart Lake West, by home type — September 2026

Every style of home, averaged honestly — so you can see exactly where your home fits.

⌂ Detached homesAVG SOLD PRICE
2-Storey Detached
5 sales · 26d to sell
$900,000
AVG SOLD
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Freehold town · 2-storey
1 sale · too few to publish a price
—
INDICATIVE

Average sold price within each tier. Detached split by style; townhomes by freehold or condo and 2- or 3-storey; semis and links counted separately. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Detached homes sold — by size

Median price and price-per-square-foot for detached homes across size bands in September 2026. Smaller homes cost more per foot; larger homes cost more overall.

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
1,000 - 1,499—3—
1,500 - 1,999—1—
2,000 - 2,499—1—
3,500+—1—

Bands with only a handful of sales are directional. Ask us for the fuller multi-month trend.

Recent sold homes — September 2026

Individual sold listings across Heart Lake West — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Heart Lake West prices

Two forces sit behind almost every price move: the cost of borrowing and the pace of inflation. When rates fall and inflation cools, buying power rises and prices tend to firm; when they climb, the market cools.

5-year fixed mortgage rate
4.58%
▲ 0.09 pt
Aug 2025Aug 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.10%
▲ 0.10 pt
Sep 2025Sep 2026
Bank of Canada / StatCan · year-over-year

Monthly market data

Homes sold, median price, days on market and sold vs asking in Heart Lake West, for the last 36 months.

Show the table
MonthHomes soldMedian priceDays on marketSold vs asking
Oct 2026 (so far)13$730,0002198.6%
Sep 20266$830,0002597.7%
Aug 202614$770,0002097.9%
Jul 202610$710,0002197.0%
Jun 202613$800,0001999.6%
May 202615$740,0002296.9%
Apr 202612$770,0002797.6%
Mar 202612$780,00026103.3%
Feb 202615$770,0003898.2%
Jan 20264—1998.8%
Dec 20254—4394.8%
Nov 202512$760,00030100.8%
Oct 202511$870,0002297.5%
Sep 20257$760,00022103.7%
Aug 202518$810,0003598.1%
Jul 202513$800,0002798.7%
Jun 202512$800,0002998.0%
May 202512$900,0002797.3%
Apr 202513$900,0002397.5%
Mar 202510$890,0001998.6%
Feb 20259$970,0002499.7%
Jan 202510$890,0003799.4%
Dec 202410$1,030,00027102.7%
Nov 202412$880,0001496.9%
Oct 202412$870,0002398.9%
Sep 202412$1,020,00020100.1%
Aug 20249$990,00013101.9%
Jul 202410$1,040,00027101.4%
Jun 202414$840,00021100.6%
May 202415$960,00014104.0%
Apr 202413$950,00012100.4%
Mar 202422$960,00016102.3%
Feb 202410$880,0003097.9%
Jan 202412$880,0002797.3%
Dec 202313$940,0003694.4%
Nov 20235$970,0001397.2%

By firm date. A dash: too few sales that month to publish the figure.

Latest market insights

Analysis, trends and what the numbers mean for buyers and sellers.

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