$2,899,999 - 11 Damacus Drive, Caledon
Detached for Sale in Caledon
Neighbourhood: Caledon East
- MLS Number
- W13453766
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- FLOWER CITY SIGNATURE REALTY INC.
Rarely does a property come to market that truly offers it all. Welcome to 11 Damascus Drive, a beautifully renovated estate home set on a private 2.55-acre lot in one of Caledon East's most sought-after cul-de-sacs.Boasting over 3,800 sq. ft. of finished living space, including a legal in-law suite, this exceptional property has been extensively updated from top to bottom and is completely move-in ready. The heart of the home is a stunning chef-inspired kitchen featuring quartz countertops, a waterfall island, premium built-in appliances including a JennAir refrigerator, and a fully equipped spice kitchen. Hardwood flooring, designer finishes, updated windows and doors, modern lighting, and beautifully renovated bathrooms elevate every space.Designed with both family living and entertaining in mind, the home offers spacious principal rooms, a welcoming family room with a striking fireplace feature wall, and a luxurious primary retreat complete with a spa-inspired ensuite and walk-through dressing area. The finished lower level provides additional living space for family, guests, or recreation.A standout feature is the legal in-law suite with its own entrance, kitchen, bedroom area, and full bathroom, offering incredible flexibility for multigenerational living or future income potential.Step outside and discover your own private backyard oasis. Surrounded by mature trees, enjoy summer days by the large in-ground pool, recently updated with a new liner, pump, heater, and filtration system, along with an expansive deck perfect for relaxing or entertaining. A triple-car garage and circular driveway complete this impressive estate setting.Offering the perfect balance of privacy and convenience, this remarkable property is just minutes from schools, shopping, and everyday amenities. Luxury, space, and versatility-11 Damascus Drive truly has it all.
Estimate your monthly payments for this property
Estimated Payment
$12,827.67/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Caledon East
Caledon East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Caledon East
- •Convenient location in Caledon
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Caledon East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
11 Damacus Drive, Caledon
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $967/sqft, this property is priced in line with current Caledon market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Caledon are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Caledon.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.