33 Gibson Lake Drive, Caledon, ON

$1,998,000
MLS#:W9013240
3 beds
5 baths
2500-3000 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 18, 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 Palgrave. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,998,000 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 5 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 514.23 x 416.2 ft lot
  • Features a finished with walk-out 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A private retreat paradise in Caledon's Palgrave Estates subdivision set on a mature 2.12 acres. An entertainer's dream perched high on the lot with fantastic curb appeal, towering mature trees, and perennial gardens, set back from the road is this beautifully maintained 3-bedroom family home with a finished walk-out basement. This property features the ultimate backyard oasis with an in-ground pool with cabana w/ hydro and dry bar, a private, large, screened-in gazebo, pergola, volleyball net, and sports/rec area, a flat greenspace for play, forested area, secluded and private patios and sitting areas, stone walkways, and landscape lighting. Hardwood floors in the sunken Living w/ wood burning insert, crown moulding, and wainscotting open to the Dining. A two-toned chef's Kitchen w/ granite countertops has pot lighting, a beamed decorative ceiling, stainless steel appliances, and a garden door to the large deck with gorgeous views & gas BBQ hook-up. A large centre island with a granite countertop features a breakfast bar with 3 stools plus a sitting eat-in area for 4. A gorgeous floor-to-ceiling stone fireplace is the focal point in the Family room near the main floor Office. Main floor laundry w/ garage access. Primary w/ 3-sided gas fireplace, "his" and "hers" closets & 5-piece ensuite. Finished walk-out bsmt Rec features a stone gas fireplace, open to the wet bar area with easy access to the pool and patio. Hardwired for sound in the Kitchen, Family, and lower level. This home is a must-see to appreciate the privacy and wonderful grounds, ideal for entertaining and family gatherings. Minutes to Albion Hills Conservation Park, Palgrave Forest, the Bruce Trail, Caledon Equestrian Park, Caledon Trailway, skiing, farm-style breweries, luxury golf and spa resorts, and Bolton shopping and amenities. Fabulous commuter location near Hwy 9 & 50. 30 mins to Pearson Airport. 1 hour to Toronto.

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Property Summary

This detached home located at 33 Gibson Lake Drive, Caledon is currently for sale and has been available on SousaSells for 741 days. This property is listed at $1,998,000 with an estimated mortgage of $6,651* per month. It has 3 beds, 5 bathrooms, and is 2500-3000 square feet. 33 Gibson Lake Drive, Caledon is in the Palgrave neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
5
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 18, 2024
Sold price information is available to members only
Listed Date7/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Wood
BasementFinished with Walk-Out
Lot Size514.23 × 416.2 Acres
CountyPeel
Annual Tax$9,981.86
Legal DescriptionPT LT 17 PL 934 ALBION AS IN RO1090653; CALEDON

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, School, School Bus Route, Skiing, Golf, Rolling

Interior Features

None

Security Features

Community Features

Location

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33 Gibson Lake 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 33 Gibson Lake Drive, Caledon, ON L7E 4B3

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$599,400 (30.0%)
* Minimum Canadian down payment required for this price is $399,600.
Amortization Period30 Years
Estimated Monthly Payment$6,651Based on a loan of $1,398,600 over 30 years.
Purchase Price$1,998,000
Loan Amount$1,398,600
Provincial Land Transfer Tax:$36,435
Total Estimated Closing Taxes:$36,435

About Purchasing a Home in Caledon, ON

For a property listed at $1,998,000 in Caledon, the legal minimum down payment is $399,600 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 $36,435 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 $36,435.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,590,083

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.