18873 Heart Lake Road, Caledon, ON

$2,499,900
MLS#:W9506669
3 beds
2 baths
2500-3000 sqft
23.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 30, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Rural Caledon. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $2,499,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 1212.43 x 2247.3 ft lot
  • 23.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, ERV/HRV, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

An Amazing Opportunity! Nestled on 52 scenic acres, this custom-built bungaloft is a true retreat for those seeking peace, privacy, and luxury. From the moment you step inside, you'll be captivated by the open-concept living and dining areas, highlighted by soaring cathedral ceilings that create an inviting, spacious atmosphere. With 3 generously-sized bedrooms and 2 beautifully appointed bathrooms, this home offers comfort and functionality. The gourmet kitchen is a chef's dream, boasting a premium Viking gas stove and fridge, complemented by elegant granite countertops. Whether you're hosting family dinners or casual get-togethers, this kitchen is designed to impress. A standout feature is the nearly 1,500 sq. ft. garage with a 900 sq. ft. unfinished loft. Already equipped with water supply, radiant heating, and its own electrical panel, this space offers endless possibilities. Imagine transforming the loft into additional bedrooms, a home office, or even a private studio - the choice is yours! For those with hobbies or toys, the heated garage is an ideal setup. It could easily become your dream man cave, a personal gym, or a collector's showcase for your cars-all with a stunning view of your own property. Step outside to explore the natural beauty of this expansive estate. A serene pond invites you to fish, swim, or ice skate during winter months. With 52 acres to call your own, the possibilities for outdoor adventures are endless. Create another 2400 sq. F of living space by finishing the garage and loft! laundry shoot from primary bedroom. In-floor radiant heating throughout including garage.

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Property Summary

This detached home located at 18873 Heart Lake Road, Caledon is currently for sale and has been available on SousaSells for 632 days. This property is listed at $2,499,900 with an estimated mortgage of $8,321* per month. It has 3 beds, 2 bathrooms, and is 2500-3000 square feet. 18873 Heart Lake Road, Caledon is in the Rural Caledon neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 30, 2025
Sold price information is available to members only
Listed Date10/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionStone
BasementNone
Lot Size1212.43 × 2247.3 Feet
CountyPeel
Annual Tax$5,577.58
Legal DescriptionPT LT 18 CON 3 EHS CALEDON PT 3, 43R2599 ; CALEDON

Parking & Garage

Parking Spaces23.0
Garage Spaces20
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, ERV/HRV, On Demand Water Heater, Propane Tank, Water Purifier

Security Features

Monitored

Community Features

Location

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18873 Heart Lake Road, 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 18873 Heart Lake Road, Caledon, ON L7K 2A5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$749,970 (30.0%)
* Minimum Canadian down payment required for this price is $499,980.
Amortization Period30 Years
Estimated Monthly Payment$8,321Based on a loan of $1,749,930 over 30 years.
Purchase Price$2,499,900
Loan Amount$1,749,930
Provincial Land Transfer Tax:$48,973
Total Estimated Closing Taxes:$48,973

About Purchasing a Home in Caledon, ON

For a property listed at $2,499,900 in Caledon, the legal minimum down payment is $499,980 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 $48,973 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 $48,973.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,868,115

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

Tony Pontes
Public12872 Kennedy Road, Mayfield West, Caledon, Ontario, L7C 4E1
5.1
St. Evan
Catholic500 Dougall Avenue, Mayfield West, Caledon, Ontario, L7C 4C6
6.3
SouthFields Village
Public110 Learmont Avenue, Mayfield West, Caledon, Ontario, L7C 3R1
6.7

Secondary Schools

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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.