2 Overlook Ridge, Caledon, ON
Property no longer active
This property was sold on July 31, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Palgrave. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,599,000 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Premium 214.19 x 348.79 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
SUPER LUXURY HOME WITH POOL!Step into the realm of luxury with this custom-built bungalow in the prestigious Rolling Meadows Estates. Spanning 5500 sqft on a generous 1.56-acre lot, this home offers 3+2 bedrooms and 4 baths, LUXURY HOME. The entrance captivates with a Honduran mahogany door, leading to an interior graced with 11 ft high foyer, and 10 ft ceilings in the dining and family rooms, complemented by 9 ft ceilings throughout.The residence boasts meticulous craftsmanship, highlighted by oversized 10.5-inch crown molding, elegant gas fireplaces with custom mantles, and rich American cherry hardwood floors. The gourmet kitchen is a chefs delight, featuring solid cherry cabinets, granite counters, and top-of-the-line built-in appliances.The finished walk-out basement is a haven of comfort, with two bedrooms, a full kitchen, and a bath, all under high 9 ft ceilings. Outdoor living is redefined with a 20x40 heated saltwater pool, an outdoor kitchen, and a gas fireplace, perfect for hosting and relaxation. Additional luxuries include an expansive deck, stainless steel built-in oven, fridge, gas cooktop, dishwasher, reverse osmosis water system, dryer, water softener, central vacuum, furnace, A/C, and more. This home is not just a residence; its a statement of sophistication and unparalleled comfort.
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Property Summary
This detached home located at 2 Overlook Ridge, Caledon is currently for sale and has been available on SousaSells for 755 days. This property is listed at $2,599,000 with an estimated mortgage of $8,651* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 2 Overlook Ridge, Caledon is in the Palgrave neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Overlook Ridge, Caledon, ON L7E 5R7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Caledon, ON
For a property listed at $2,599,000 in Caledon, the legal minimum down payment is $519,800 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 $51,450 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 $51,450.
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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.