7 Wallace Avenue, Caledon, ON
Property no longer active
This property was sold on February 6, 2026. 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 Palgrave. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $789,000 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
- Generous living space spanning 2000-2500 sqft on a premium 72 x 151 ft lot
- Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Welcome to 7 Wallace - a charming and affordable opportunity to own a piece of history. This warm and welcoming home combines classic character with the chance to make it your own. Original wood floors, tall ceilings, and beautiful vintage details give it a personality you just can't find in newer homes. The flexible layout offers great options for modern living. The front area is perfect for a home office or small business space - ideal if you work from home or dream of running something of your own. Enjoy the outdoors with a spacious backyard that's private and full of potential for relaxing, gardening, or entertaining friends. There's also a detached garage for parking or storage, plus a charming garden shed that adds extra space and a touch of cottage feel. Whether you're starting out, downsizing, or looking for a home that can grow with you, 7 Wallace offers comfort, character, and room to make it truly yours - all in a peaceful setting that feels like home the moment you arrive. Enjoy all Palgrave has to offer right in your backyard- located steps from beautiful walking trails, Caledon Hills Brewery, Equestrian Park, and the highly regarded Palgrave Public School.
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Property Summary
This detached home located at 7 Wallace Avenue, Caledon is currently for sale and has been available on SousaSells for 178 days. This property is listed at $789,000 with an estimated mortgage of $2,626* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 7 Wallace Avenue, Caledon is in the Palgrave neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Golf, Greenbelt/Conservation, School, Wooded/Treed
Interior Features
None
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Community Features
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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 7 Wallace Avenue, Caledon, ON L7E 0M5
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 $789,000 in Caledon, the legal minimum down payment is $53,900 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 $12,255 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 $12,255.
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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.