$1,499,000 - 12386 Creditview Road, Caledon
Detached for Sale in Caledon
43 days on market- MLS Number
- W13076950
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Exceptional Investment Opportunity in Prime Caledon Location!This rare 0.7-acre property sits directly across from the future site of a 148-home subdivisionpart of the Phase 1 Development Plan by the Municipality of Caledon. Developers are actively acquiring nearby properties, and a new Costco is proposed just two minutes away at Creditview Rd & Mayfield Rd.Fully renovated, this 4+1 bedroom, 4-bathroom two-storey home features a modern kitchen with stainless steel appliances and quartz countertops. The finished basement offers a Kitchenette, bedroom, full bathroom, and a rec roomperfect for extended family or rental income. Additional highlights include newly upgraded bathrooms with glass showers, a bright sunroom, laminate flooring throughout, and large windows that flood the home with natural light and sunset views.Enjoy serene country living with a private, treed lot backing onto farmlandjust one minute from Brampton and 10 minutes to Mount Pleasant GO Station. Generating $4,600/month in rental income, this property offers strong investment potential and future development upside.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/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
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 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
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.
12386 Creditview Road, Caledon
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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 $999/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 43 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.
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 $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.