1624 Chester Drive, Caledon, ON

$1,425,000
MLS#:W8425618
6 beds
3 baths
2500-3000 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Caledon Village. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $1,425,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 196.99 x 195.85 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Leave it to Chester! The perfect family home with 6 Bedrooms and 3 baths on just under an acre in the Heart of Caledon. Lush mature landscaping leads to a welcoming front porch opening into a spacious, light-filled, living space, cozy family room, fabulous well-appointed kitchen and generous dining area. French door off of the family room open to deck, grassy fully fenced yard, and refreshing pool. This home is perfectly designed for gathering with loved ones, large families who need to spread out, and easy entertaining in an epic backyard. An idyllic family abode.The first floor also offers 6th bedroom (or office!), powder room, updated main floor laundry, and access to large 2 car garage. Upstairs, the excellent sized primary suite feels like a retreat, with a walk-in wardrobe, 3 piece bath and stunning garden views. Find four (yes four!!!) additional spacious bedrooms that share a detached 5 piece bath. This home truly has it all. Easy commute to the GTA and situated in a prime location - you are just moments from stunning farmer's markets, the best restaurants, breweries, cafes, trails, golf and ski! Charm is plentiful in this picturesque and quiet sanctuary for the entire family to enjoy.

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Property Summary

This detached home located at 1624 Chester Drive, Caledon is currently for sale and has been available on SousaSells for 766 days. This property is listed at $1,425,000 with an estimated mortgage of $4,743* per month. It has 6 beds, 3 bathrooms, and is 2500-3000 square feet. 1624 Chester Drive, Caledon is in the Caledon Village neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 10, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Other
BasementFinished, Full
Lot Size196.99 × 195.85 Feet
CountyPeel
Annual Tax$7,355.88
Legal DescriptionLT 5 PL 843 CALEDON ; S/T VS96040 CALEDO

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, School, School Bus Route, Wooded/Treed

Interior Features

In-Law Capability

Security Features

Community Features

Location

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1624 Chester Drive, Caledon, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1624 Chester Drive, Caledon, ON L7K 0W6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Caledon.

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Interest Rate4.00%
Down Payment$427,500 (30.0%)
* Minimum Canadian down payment required for this price is $285,000.
Amortization Period30 Years
Estimated Monthly Payment$4,743Based on a loan of $997,500 over 30 years.
Purchase Price$1,425,000
Loan Amount$997,500
Provincial Land Transfer Tax:$24,975
Total Estimated Closing Taxes:$24,975

About Purchasing a Home in Caledon, ON

For a property listed at $1,425,000 in Caledon, the legal minimum down payment is $285,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,975 for this transaction. As this listing is in Caledon (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Caledon Village, Caledon.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,570,712

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Macville
PublicBolton, Ontario, L7C 0S3
9.6
Alton
Public19681 Main Street, Alton, Caledon, Ontario, L7K 0E1
7.9
SouthFields Village
Public110 Learmont Avenue, Mayfield West, Caledon, Ontario, L7C 3R1
6.7
St. Evan
Catholic500 Dougall Avenue, Mayfield West, Caledon, Ontario, L7C 4C6
6.3
Saint-Jean-Bosco
Public55 Abbotside Way, Mayfield West, Caledon, Ontario, L7C 4C3
5.8

Secondary Schools

Mayfield SS
PublicBrampton, Ontario, L6P 2Z9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.