$999,000 - 31 Richmond Street, Caledon
Detached for Sale in Caledon
36 days on marketNeighbourhood: Mono Mills
- MLS Number
- W13581202
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- iCloud Realty Ltd.
Escape the hustle without sacrificing convenience in this 3 bed + office, 2 bath family home, ideally situated in one of Caledon's most desirable locations. Offering the perfect combination of privacy, space, and accessibility, this hidden gem is less than an hour from the city, making it an ideal choice for commuters seeking a peaceful place to call home Surrounded by mature trees and lush perennial gardens, the beautifully landscaped property offers exceptional curb appeal and a welcoming outdoor retreat. An extended paved driveway provides ample parking and leads to both the attached double-car garage, complete with a brand-new garage door, and a spacious insulated detached garage with natural gas-perfect for hobbyists, car enthusiasts, or additional storage. A garden shed completes this thoughtfully designed property. Inside, you'll find a bright, functional layout with generously sized rooms designed for comfortable everyday living. The home features three spacious bedrooms plus an additional office/bedroom on the lower level, along with two full bathrooms to accommodate a growing family. The inviting eat-in kitchen offers a nice workspace and opens seamlessly to the formal dining room, where a walkout leads to the deck and overlooks the private backyard. Whether you're hosting summer barbecues, gathering with family, or enjoying your morning coffee, the indoor-outdoor flow makes entertaining effortless. The expansive main-floor living room provides a warm and welcoming place to gather, while the oversized lower-level family and games room offers endless possibilities for recreation, a home theatre, or a children's play area. Upgraded windows upstairs and upgraded insulation provides improved energy efficiency. Low property taxes is an added bonus.This is a property where your family can grow, entertain, and create lasting memories for years to come.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Mono Mills
Mono Mills 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 Mono Mills
- •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
Mono Mills 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.
31 Richmond Street, Caledon
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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
Premium Pricing
At $1427/sqft, this property is priced above the Caledon average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 36 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Caledon. Good resale value as demand remains consistent.
About Mono Mills
I know Mono Mills well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.