40 Speckled Alder Street, Caledon, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Caledon. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,079,900 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30.06 x 88.69 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This home features a fully finished LEGAL BASEMENT APARTMENT WITH a SEPARATE ENTRANCE & extra parking space! MOVE IN READY! Approx an $80,000 - $100,000 replacement value! Fantastic opportunity to have rental income help you carry your monthly mortgage payments! 4+1 bedroom, 3+1 bathroom home available in Caledon. Freshly painted throughout offering modern finishes and functional design with separate laundry for up and down. Open-concept layout with 9 ft smooth ceilings and upgraded hardwood floors throughout the main level. The stylish kitchen has a centre island that overlooks the living and dining areas, complete with stainless steel appliances & granite countertops. The Upgraded Hardwood staircase leads to the upper level, where you'll find 4 generously sized bedrooms and convenient second floor laundry. The primary bedroom retreat includes a walk-in closet and a private 3-pc ensuite bath with glass enclosure, providing a comfortable and relaxing space to unwind. The fully finished LEGAL basement apartment WITH PERMITS is a standout feature, offering excellent potential for rental income or multi-generational living. With a SEPARATE entrance from the backyard & protective awning, this self-contained unit includes its own ensuite laundry, stainless steel appliances, ceramic flooring, and a well-designed layout for natural light, privacy and convenience. Enjoy a fully fenced yard (pressure treated cedar). Extra parking space with stone interlock parking pad that enhances curb appeal and functionality for visitors or the basement tenant. Opportunity to own a modern home in a growing neighbourhood, ideally located close to a new shopping plaza with New McDonald's, pharmacy and more! Other convenient amenities include schools, parks, and the Mount Pleasant GO Station. This home offers the perfect blend of comfort, style, and accessibility. A fantastic opportunity for homeowners and investors alike - don't miss it!
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Accessory Apartment, Carpet Free
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Pricing & Value Insights
Data-driven valuation for 40 Speckled Alder Street, Caledon, ON L7C 3H1
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About Purchasing a Home in Caledon, ON
For a property listed at $1,079,900 in Caledon, the legal minimum down payment is $215,980 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 $18,073 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 $18,073.
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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.