2 Pinnacle Street, Caledon, ON

$1,198,000
MLS#:W9243173
3 beds
2 baths
4.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on August 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Caledon. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,198,000 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 94 x 78.83 ft lot size
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Softener, Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via oil

Description

An absolute treasure in the hamlet of Belfountain! This delightful country home overlooks the scenic Forks of the Credit Road. It includes a 3 BR main house and a separate year-round guest house. This property is beautifully updated and maintained inside and out! Exceptional custom stone exteriors and surrounding wall enhance the old world charm of this truly one-of-a-kind property. Surrounded by nature, next to the Belfountain Conservation area, you can walk to the extensive parklands, multiple Bruce trail entrances, or a coffee shop around the corner! Caledon Ski Club is just a few minutes away. For shopping, an easy 10 minute drive takes you into the town of Erin. The principal house features an inviting open concept main level living-dining combo with skylights, gorgeous picture windows, hardwood floors, and a kitchen with quartz counters and a walk-in pantry. The primary and second bedrooms share a spacious 5 piece bath with his/her sinks, separate soaker tub and shower, and heated flooring. Upstairs is a sun-filled loft/bedroom, complete with skylights, and an adorable adjacent room with a closet and skylight too! The separate auxiliary building is perfect as a guest house, studio, music room, study, or recreation room! Outside, you can luxuriate in the private hot tub under the stars, or entertain in the shaded patio BBQ area. A charming lookout with an enchanting view is tucked away near the entrance! Extensive gardens, a shed, chicken coop, and a large parking area for up to 5 cars complete the exterior. Commuting to Toronto? The Mt Pleasant go station is only 25 minutes away.

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Property Summary

This detached home located at 2 Pinnacle Street, Caledon is currently for sale and has been available on SousaSells for 710 days. This property is listed at $1,198,000 with an estimated mortgage of $3,988* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 2 Pinnacle Street, 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
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionStone
BasementUnfinished
Lot Size94 × 78.83 Feet
CountyPeel
Annual Tax$4,370.97
Legal DescriptionPT LT 1 W/S PINNACLE ST PL CAL20 CALEDON; PT LT 2 W/S PINNACLE ST PL CAL20 CALEDON AS IN RO746038 ; CALEDON

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener, Carpet Free, Primary Bedroom - Main Floor, Workbench

Security Features

Community Features

Location

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2 Pinnacle Street, 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 2 Pinnacle Street, Caledon, ON L7K 0E5

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$359,400 (30.0%)
* Minimum Canadian down payment required for this price is $239,600.
Amortization Period30 Years
Estimated Monthly Payment$3,988Based on a loan of $838,600 over 30 years.
Purchase Price$1,198,000
Loan Amount$838,600
Provincial Land Transfer Tax:$20,435
Total Estimated Closing Taxes:$20,435

About Purchasing a Home in Caledon, ON

For a property listed at $1,198,000 in Caledon, the legal minimum down payment is $239,600 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 $20,435 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 $20,435.

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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.