2842 Forks Of The Credit Road, Caledon, ON

$1,488,888
MLS#:W9347044
4 beds
3 baths
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 15, 2025. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $1,488,888 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 165 x 162 ft lot size
  • Features a walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Water Softener
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Come and surround yourself with nature on this 0.6 acre lot in the rolling hills of Caledon Village. This 4 bedroom home is fully renovated such as siding, kitchen, bathroom, flooring, windows, electric upgrade, plumbing, stairs and landscaping. 2 additional bathrooms were recently added after the new well was installed HVAC ( heat pump) system is new and hot water gas tank is owned. Driveway is so huge waiting for your personal touch and imagination. Sit quietly in the backyard and admire the scenery from the huge 14*14 pergola and steel bench as if you are in a park. Stroll along the ravine along the boundary of the back yard. Only 5 min drive to Caledon Village, 8 min drive to Forks of the Credit Provincial Park and 11 min drive to Caledon Ski Club.

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Property Summary

This detached home located at 2842 Forks Of The Credit Road, Caledon is currently for sale and has been available on SousaSells for 672 days. This property is listed at $1,488,888 with an estimated mortgage of $4,956* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 2842 Forks Of The Credit Road, 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
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 15, 2025
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementWalk-Out
Lot Size165 × 162 Feet
CountyPeel
Annual Tax$3,938.28
Legal DescriptionPt Lt 9 Con 1 Whs Caledon As In Ro1080695

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

Location

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2842 Forks Of The Credit 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 2842 Forks Of The Credit Road, Caledon, ON L7K 2H5

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$446,666 (30.0%)
* Minimum Canadian down payment required for this price is $297,778.
Amortization Period30 Years
Estimated Monthly Payment$4,956Based on a loan of $1,042,222 over 30 years.
Purchase Price$1,488,888
Loan Amount$1,042,222
Provincial Land Transfer Tax:$26,253
Total Estimated Closing Taxes:$26,253

About Purchasing a Home in Caledon, ON

For a property listed at $1,488,888 in Caledon, the legal minimum down payment is $297,778 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 $26,253 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 $26,253.

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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.