$1,079,900 - 40 Speckled Alder Street, Caledon
Detached for Sale in Caledon
Neighbourhood: Rural Caledon
- MLS Number
- W13422398
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Caledon
- Lot Size
- 2,659 sqft
- Listing Brokerage
- EXIT REALTY HARE (PEEL)
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!
Estimate your monthly payments for this property
Estimated Payment
$4,776.76/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 Rural Caledon
Rural Caledon 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 Rural Caledon
- •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
Rural Caledon 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.
40 Speckled Alder 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
Competitive Pricing
At $720/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 28 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.
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 4 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.
About Rural Caledon
I know Rural Caledon 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.