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Rural Caledon, Caledon
$1,024,900
This home features a fully finished LEGAL BASEMENT APARTMENT WITH a SEPARATE ENTRANCE & extra parking space! MOVE IN READY! Approx an $80,000 - $100,000 replacement value! Fantastic opportunity to have rental income help you carry your monthly mortgage payments! 4+1 bedroom, 3+1 bathroom home available in Caledon. Freshly painted throughout offering modern finishes & functional design with separate laundry for up and down. Open-concept layout with 9 ft smooth ceilings and upgraded hardwood floors throughout the main level. The stylish kitchen has a centre island that overlooks the living and dining areas, complete with stainless steel appliances & granite countertops. The Upgraded Hardwood staircase leads to the upper level, where you'll find 4 generously sized bedrooms and convenient second floor laundry. The primary bedroom retreat includes a walk-in closet and a private 3-pc ensuite bath with glass enclosure, providing a comfortable and relaxing space to unwind. The fully finished LEGAL basement apartment WITH PERMITS is a standout feature, offering excellent potential for rental income or multi-generational living. With a SEPARATE entrance from the backyard & protective awning, this self-contained unit includes its own ensuite laundry, stainless steel appliances, ceramic flooring, and a well-designed layout for natural light, privacy and convenience. Enjoy a fully fenced yard (pressure treated cedar). Extra parking space with stone interlock parking pad that enhances curb appeal and functionality for visitors or the basement tenant. Opportunity to own a modern home in a growing neighbourhood, ideally located close to a new shopping plaza with New McDonald's, pharmacy and more! Other convenient amenities include schools, parks, and the Mount Pleasant GO Station. This home offers the perfect blend of comfort, style, and accessibility. A fantastic opportunity for homeowners and investors alike - don't miss it!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,210 |
| Lot Size | 30.06 ft x 88.69 ft |
| mls© Number | W13587806 |
| Listed By | EXIT REALTY HARE (PEEL) |
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%
- $5,246
- Property tax
- $434
- Heat allowance
- $150
- Housing costs
- $5,830 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$179,000
gross annual household income
- Payment at 4%
- $4,313 / mo
- Cash down
- $204,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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