$1,149,500 - 1428 Mill Street, Caledon
Detached for Sale in Caledon
137 days on market- MLS Number
- W12725402
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- SUTTON-HEADWATERS REALTY INC.
Nestled in the charming town of Cheltenham, Ontario, this stunning 2-storey, 3-bedroom, 2-bathroom home on sought-after quiet Mill Street offers the perfect blend of modern comfort and serene living. Situated on a generous just-under-half-acre lot, the property is enveloped by mature trees, providing a peaceful, private oasis just steps from the quaint village core. As you step inside, you're greeted by an inviting open-concept layout, seamlessly connecting the living, dining, and kitchen area is deal for both everyday living and entertaining. The recently renovated kitchen is a chefs dream, boasting sleek cabinetry, premium appliances, and stylish finishes that elevate the heart of the home. Upstairs, three spacious bedrooms offer ample natural light and cozy retreats, with the primary suite featuring plenty of closet space. Two well-appointed bathrooms cater to family or guests with modern fixtures and thoughtful design. Outside, the expansive lot invites relaxation and recreation, highlighted by a hot tub where you can unwind under the stars. The mature trees frame the property beautifully, enhancing its curb appeal and offering shade in the summer months. Located in Cheltenham, this home combines small-town charm with proximity to urban amenities, making it a rare find on quiet Mill Street. Perfect for families or those seeking a tranquil escape, this property is a must-see gem! Heat pump system 2020 3-heads installed compacity for 4 , new roof on garage 2024, exterior painted 2024, water softener installed 2020.
Estimate your monthly payments for this property
Estimated Payment
$5,084.63/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.
1428 Mill 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 $766/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.
Negotiation Opportunity
At 137 days on site, this property has exceeded the typical selling timeline for Caledon. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $4,790 (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.