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Caledon East, Caledon
$1,730,000
POWER OF SALE. CONTRACTOR & INVESTOR DREAM! A spectacular value-add opportunity awaits in this custom-designed, all-brick bungalow nestled on a magnificent 1.21-acre, tree-lined gated lot in prestigious Caledon. Surrounded by multi-million dollar luxury estates, this property combines incredible architectural bones, a grand footprint, and massive sweat-equity potential. Main Level Layout: Step through a double-door entry into an expansive L-shaped foyer, highlighted by a dramatic, sun-drenched skylight and a soaring curved oak staircase. The primary living space features premium crown molding and a massive bay window, leading into a separate den anchored by a brick fireplace. The oversized eat-in kitchen includes an center island layout, stainless steel appliances, and sleek oversized floor tiles. Offers 3 main-floor bedrooms, including a primary retreat with a walk-in closet and a 3-piece ensuite. Income/Multi-Family Ready Lower Level: The elevated, above-ground walk-out basement is a separate living oasis. It features a stunning stone-surround wood stove, custom built-ins, and a bar area convertible into a full second kitchen. Complete with 2 additional bright bedrooms, a flexible home office/den, a full bathroom, a bright double-door mudroom entry, and dedicated laundry. Ideal for rental income or multi-generational families. The Grounds: The sprawling 1.21-acre property is a private country escape, surrounded by mature trees. It includes a massive detached 3-car garage/workshop, a large paved yard with parking for 13+ vehicles, a stone patio, and a fenced chicken coop area. Property sold strictly "As-Is, Where-Is" under Power of Sale. RREA related to Seller.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,000 |
| Lot Size | 150.14 ft x 353.76 ft |
| mls© Number | W13507596 |
| Listed By | HOMELIFE/BAYVIEW REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,855
- Property tax
- $500
- Heat allowance
- $150
- Housing costs
- $9,505 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$292,000
gross annual household income
- Payment at 4%
- $7,280 / mo
- Cash down
- $346,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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