$1,349,900 - 685 King Street, Caledon
Detached for Sale in Caledon
Popular ListingNeighbourhood: Rural Caledon
- MLS Number
- W13487768
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
//Detached Bungalow Situated On 2.73 Acres Lot// Nestled In The Charming Hamlet Of Terra Cotta, This 3 Bedrooms & 2 Full Washrooms Beautifully Updated Bungalow Sits On A Picturesque 2.73-Acres Property Just Steps From The Credit River, The Caledon Trailway, And The Terra Cotta Conservation Area! You Can Entertain In This Large Living Space Including; Hardwood Floors, Pot Lights, Updated Kitchen With Quartz Countertops, Combined Living & Family Room, Formal Dining Room, 3 Bedrooms & 2 Full Bathrooms In Main Floor! Enjoy Breathtaking Panoramic Views Of The Credit Valley From The Comfort Of Your Home Through Expansive Front Windows That Fill The Living Spaces With Natural Light. The Tranquil Front Yard Features A Serene Koi Pond, Creating A Peaceful Retreat Surrounded By Nature. The Heated Attached Double-Car Garage Provides Year-Round Convenience, While The Expansive Driveway Offers Parking For 10 Or More Vehicles-Perfect For Family Gatherings, Guests, Or Hobbyists. Combining Natural Beauty, Privacy, And Modern Comfort, This Exceptional Property Offers A Rare Opportunity To Enjoy Country Living With Easy Access To Some Of Caledon's Most Treasured Outdoor Destinations.
Estimate your monthly payments for this property
Estimated Payment
$5,971.06/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.
685 King 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
Fair Market Value
At $900/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Investment Perspective
Looking at this as an investment: Caledon properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.