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New7 days ago

12 Damascus Drive

Caledon East, Caledon

$1,349,000

Detached|Bungalow
3 | 3 | 8
About this home

Nearly three acres that feel like their own little world, right in the heart of Caledon East. Tucked away at the end of a long, winding driveway in one of the area's prettiest established neighbourhoods, 12 Damascus Drive is set on a peaceful residential street with no through traffic, surrounded by mature trees and a beautiful, park-like setting. Inside, the home has a warmth and character of its own. Floor-to-ceiling windows frame views of the grounds, while a sunken living room with a brick wood-burning fireplace creates a lovely place to gather. The updated kitchen features custom cabinetry and quartzite countertops, with a breakfast area opening to a screened-in porch that feels like a natural extension of the home. A favourite space to enjoy from spring through fall. The main floor offers three bedrooms, including a primary suite with double closets and an updated four-piece ensuite with heated floors. The finished walkout lower level adds a family room with a gas fireplace, fourth bedroom, three-piece bathroom, laundry and generous storage. Outside, a winding stone walkway leads through established gardens and past a little reflecting pond, while patios and decks offer different places to enjoy the grounds. Beyond the gardens, a canopy of mature trees creates a natural sense of calm, with the Caledon Trailway tucked beyond the woodland. Just minutes from the village of Caledon East, with ski hills, golf courses, hiking trails, farm shops and cafés all within easy reach. A beautiful part of Caledon to call home. Notable updates include roof (2015), kitchen (2017), primary ensuite (2019), lower-level bathroom (2022), sliding glass doors (2017) and four lower-level windows.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,583
Lot Size165.43 ft x 667.09 ft
mls© NumberW13880338
Listed ByROYAL LEPAGE RCR REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,905
Property tax
$549
Heat allowance
$150
Housing costs
$7,603 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $269,800
25-yr amortization

Income needed

$234,000

gross annual household income

Payment at 4%
$5,677 / mo
Cash down
$269,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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