2 Savvy Lane Unit 43Z, Caledon

Price: $569,903

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13146652

LISTED MLS Pricing is PURCHASE PRICE NET OF HST REBATE. Please note Agreement of Purchase and Sale price is $619,990.00. Rebate to be adjusted on closing if applicable** The Social by Zancor Homes, stylish and contemporary Urban Town Located in Caledon. Move In Ready! Two Bedroom, 2.5 bathroom unit, 2 Car Parking ( 1 Interior, 1 Exterior). Covered Terrace with private entrance. Spacious and bright open unit, with Stainless steel appliances, white washer and dryer. No Development Charges, No Occupancy Fees, 1 Year Fee Maintenance (Est $269.99/ month) 3 Stainless Steel Appliance Package& Stacked Washer/Dryer. Located close to all Amenities / Future highway access and Coming Soon Plaza.

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$569,903 - 2 Savvy Lane Unit 43Z, Caledon

Condo for Sale in Caledon

Popular Listing
2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13146652
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Caledon
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
INTERCITY REALTY INC.
Description

LISTED MLS Pricing is PURCHASE PRICE NET OF HST REBATE. Please note Agreement of Purchase and Sale price is $619,990.00. Rebate to be adjusted on closing if applicable** The Social by Zancor Homes, stylish and contemporary Urban Town Located in Caledon. Move In Ready! Two Bedroom, 2.5 bathroom unit, 2 Car Parking ( 1 Interior, 1 Exterior). Covered Terrace with private entrance. Spacious and bright open unit, with Stainless steel appliances, white washer and dryer. No Development Charges, No Occupancy Fees, 1 Year Fee Maintenance (Est $269.99/ month) 3 Stainless Steel Appliance Package& Stacked Washer/Dryer. Located close to all Amenities / Future highway access and Coming Soon Plaza.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,949.42/mo

Includes CMHC insurance ($20,517)

$
$
5%10%50%

5-yr fixed avg.

Principal: $512,913Interest: $351,397
Mortgage Amount$533,430
Total Interest$351,397
Est. Property Tax$404/mo
Total Cost$884,827

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.

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Neighbourhood Guide: Caledon

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

2 Savvy Lane Unit 43Z, Caledon

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$1,217

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $475/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Bathroom Count Matters

With 3 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 $2,375 (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.

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